BTC is currently trading around $31,800 and ETH around $1,950. Notable gainers in the last 24 hours are WAVES, EVMOS, and KSM. The global crypto market cap is $1.37T, up 0.3% over the last day. DeFi Total Value Locked is ~$112b and BTC dominance is around 47%.
Notable news includes: EU financial supervisors recommended that crypto exchanges lose their licenses if they breach AML requirements; a new proposal would give England’s central bank regulatory oversight over stablecoin issuers should they pose a risk to financial stability; a group of 26 Web2 pundits lobbied Washington against crypto influence; South Korea earmarked $117m to kickstart the metaverse industry; Binance revealed plans to launch a crypto awareness tour in Africa; the Optimism airdrop was hampered by claiming issues and their mainnet reported degraded performance for multiple hours; a privacy enhancing upgrade was activated on Zcash’s mainnet; DeFi platform PoolTogether raised ~471 ETH in an NFT sale to help fund its legal defense; Polkadot added Lido to facilitate liquid staking on the network; Goldman Sachs is reportedly aiming to onboard some of their derivative products into FTX US’ proposed crypto derivative offerings; KuCoin launched a new decentralized wallet platform with cross-blockchain integrations; Binance’s VC arm raised a new $500m fund for Web3 and blockchain investments; Tether’s reported bank partner, Capital Union, shared their businesses’ crypto strategy; Web3 infrastructure firm InfStones raised a $66m round; Prada will debut their first NFTs this week; Binance showed their intent to still invest in Forbes even though the SPAC has been scrapped; SkyMavis revealed the first 12 projects joining their Builders Program; and, a Terra validator released the full chat logs of the events leading up to the launch of LUNA 2.0.
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