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Republican Lawmakers File Amicus Brief in Support of Custodia Bank’s Legal Battle With the Federal Reserve
The Wyoming-based bank filed suit against the Federal Reserve in June, arguing that the Fed’s refusal to make a decision is unlawful and discriminatory against crypto institutions.
EU Finalizes Legal Text for Landmark Crypto Regulations Under MiCA
A leaked draft of the text, reviewed by CoinDesk, shows the rules could apply to algorithmic stablecoins and fractionalized NFTs.
US Treasury Wants Public to Comment on Crypto’s Role in Illicit Finance
The Treasury Department listed a number of questions, asking the general public to weigh in on how it’s approaching cryptocurrencies and their possible role in illegal activities.
Craig Wright Could Have ‘Bamboozled’ Andresen During Private ‘Satoshi’ Signing Session: Trial Witnesses Explain
Expert witnesses on behalf of Hodlonaut say Wright could have used any number of tricks to fool Bitcoin developer Gavin Andresen into believing he was Satoshi.
Binance Bungles Accounting for Helium Tokens, Overpays Clients Millions: Sources
The Helium network has two tokens, HNT and MOBILE. Binance counted them as one, HNT, resulting in a windfall for customers who deposited the less valuable MOBILE.
Binance’s Attempt to Buy Voyager Digital’s Assets Complicated by National Security Concern: Sources
A Binance spokesman said “xenophobia” is underlying talk of a possible review by a key U.S. government panel that examines foreign takeovers.
Investors Add $74M to Crypto-Focused Valkyrie Trusts
New SEC filings showed additional sales for the investment firm’s Tron and Avalanche trusts.
Crypto Giant FTX Eyes Raising Money to Fund Acquisitions: Source
Sam Bankman-Fried’s exchange is raising capital as it considers a retail-focused deal, a person familiar with the matter said.
Crypto Auditing Platform Sherlock Raises $4M in Funding
The protocol features an open auditor competition to help find smart contract vulnerabilities
Pantera Capital Loses Another Senior Exec as Crypto Hedge Fund’s CFO Departs: Source
Ryan Davis is leaving and Matt Gorham, a long-time Pantera employee, will temporarily fill the job as the senior-executive exodus continues.
