Risk Warning: Beware of illegal fundraising in the name of 'virtual currency' and 'blockchain'. — Five departments including the Banking and Insurance Regulatory Commission
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Planet Noon News
2023-08-12 05:30:00
1. Encryption accounting and tax innovation Node40 completes $12 million in financing, led by Card1Ventures;

2. Unsettled contract volume for Ethereum on CME reaches nearly a year low;

3. Sotheby's added to the defendant list in collective lawsuit against MoonPay and Yuga Labs;

4. a16z crypto and Paradigm file amicus brief with the court regarding SEC lawsuit against Coinbase;

5. Senator Cynthia Lummis urges court to dismiss SEC lawsuit against Coinbase;

6. Crypto-friendly bank Custodia: Now offers USD deposits and U.S. government money market fund services in select U.S. states;

7. Opinion: Grayscale's SEC lawsuit decision may impact approval of spot Bitcoin ETF;

8. Data: NFT content creators saw a 95% decrease in royalty income in July compared to the peak in January 2022;

9. USDC circulating supply increased by $100 million in the past week;

10. Mining company Hut 8 Mining produced 116 Bitcoins in July, with a total holding of 9,152 coins;

11. XBTO acquires cryptocurrency custody and trading firm Stablehouse;

12. Circle CEO: Web3 is becoming mainstream, and the company is doubling down on investment.