CoinFlash
ParaFi Invests and Begins Staking in Bitfinex Spin-Out Exchange
ParaFi and D1 have invested a total of $450,000 into Bitfinex spin-out DeversiFi and will now play a governance role in the project's DAO.

BCB Group Teams With Circle to Offer EU Institutions USDC Stablecoin Settlement
BCB Group will integrate with Circle's platform in a bid to make the USDC stablecoin more widely available.

Binance Says Licensed Entities Can Now Use Its Stablecoin After Watchdog Approval
NYDFS has added Binance USD to its approved list, cutting away most of the red tape around custody and listing of the stablecoin.

Polkadot Releases Rococo, Its Test Environment for Interoperable 'Parachains'
Polkadot has released its first testnet, Rococo, for its parachain network. The testnet will commence with three parachains, Parity Technologies said.

Federal Reserve Is Rushing to Get Its Instant Payments Offering Ready
COVID-19 proved the need for FedNow, even though the U.S. central bank admits the service is still years away.

German Regulator Seizes Crypto ATMs
Germany's financial regulator BaFin is seizing bitcoin ATMs run by "Shitcoins Club" months after ordering its operator to cease trading crypto.

Goldman Sachs Eyes Own Token as Bank Appoints New Head of Digital Assets
The new digital asset head at Goldman Sachs said the bank is considering launching its own possibly fiat-backed cryptocurrency.

IDEX Raises $2.5M to Rebuild Hybrid Exchange for Algorithmic Traders
The seed investment will be used to re-launch the Ethereum-based exchange so algorithmic traders can better use the platform.

Judge Worries Plaintiffs' Lawyers Trying to Line Their Pockets in Block.one ICO Lawsuit
The U.S. district judge criticized some plaintiffs in a class-action lawsuit against Block.one for appearing to be an attempt to earn high legal fees.

Man Accused of Arranging Murder to Avoid Crypto Debt Can’t Escape Jail, Brazilian Court Rules
Crypto businessman Danilo Afonso Pechin remains jailed after Brazil's High Court refused to hear his request for freedom.
