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dYdX ends contentious promo claiming ‘overwhelming demand’
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The prompt cancellation comes after strong community pushback relating to the requirement of a facial recognition scan in order to receive the deposit bonus.

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CZ hits back at claims Binance is a Chinese company
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The Binance founder has also detailed some personal and business-related challenges he had to overcome from the Chinese government, even before the launch of ...

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Think tank launches ‘technical sandbox’ exploring United States CBDCs
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The Digital Dollar Project's Technical Sandbox Program is set to begin in October aiming to provide a clearer understanding of the ramifications of a United ...

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Celsius files to reopen withdrawals for a minority of customers
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Celsius has motioned for $50 million worth of the total $225 million held in the Custody Program and Withhold Accounts to be released to owners.

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Tether requests Roche Freedman to be booted from class action
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Bitfinex and Tether’s legal representatives also want the law firm to return or destroy all defendant-issued documents and confirm they haven't been shared.

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Former blockchain skeptic David Rubenstein discloses investments in crypto companies
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The Carlyle Group co-founder also spoke on the regulatory landscape, saying that he does not anticipate excessive regulation from the U.S. Congress.

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The total crypto market cap continues to crumble as the dollar index hits a 20 year high
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The total crypto market capitalization dropped by 6.9% in one week, while derivatives metrics reflect increasing demand for bearish bets.

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CFTC and SEC open comments for proposal to amend crypto reporting rules for large hedge funds
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The public was invited to comment on whether the regulators should use the term “crypto asset” instead of “digital asset" in proposed changes to Form PF.

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Michael Saylor got wrecked, but Bitcoin investors needn’t panic
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Cryptocurrency’s real-world utility is growing, users are increasing, and plans are proceeding apace — despite events that have provoked some temporary price ...

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Crypto users push back against dYdX promotion requiring face scan
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“No matter the cause, this is an absolutely horrible idea and you should walk this back immediately,” said Adam Cochran, a general partner at Cinneamhain ...

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Cardano gets listed on Robinhood but ADA bulls are running out of steam, risking 40% drop
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ADA prints modest upside moves that may run out of steam due to weak technicals and macro factors.

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Former CFTC commissioner Jill Sommers joins FTX US Derivatives board
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The addition of Jill Sommers followed former CFTC commissioner Mark Wetjen becoming FTX US' head of policy and regulatory strategy in November 2021.

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