Golden Web3.0 Daily | Harvest Fund submits Bitcoin ETF application in Hong Kong
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JinseFinanceKuCoin settles a lawsuit with a $22 million agreement and ceases New York operations. Refunds to investors, a fine, and stringent measures mark the resolution amid growing regulatory scrutiny in the crypto space.
BerniceThe case claimed that EmpiresX and its founders violated the registration and anti-fraud provisions of the Securities Act of 1933 and the Securities Exchange Act of 1934.
OthersFTX founder Sam Bankman-Fried is agreeing to testify before US lawmakers next week after previously indicating he would not show up.
dailyhodlBinance CEO Changpeng Zhao said the exchange will launch a crypto recovery fund to reduce the impact of the FTX collapse.
BeincryptoThe USDC issuer has started investing funds into its CRF (Circle Reserve Fund) to ensure that holders can redeem their coins when they want.
BitcoinistThe exchange’s Anti-FUD Fund comes shortly after KuCoin CEO Johnny Lyu’s spat with a whistleblower who claimed the exchange was insolvent.
CointelegraphThe fund will provide legal defense for bitcoin developers and will include a team of volunteers and part-time lawyers.
CointelegraphCrypto asset management firm Grayscale added three new crypto assets to its funds and has kicked SushiSwap and Synthetix from its DeFi Fund, following its first quarterly rebalance.
CointelegraphCameroon, the Democratic Republic of the Congo and the Republic of the Congo announced plans to adopt the TON blockchain amid the TONcoin Fund launch.
Cointelegraph