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Indian police launch probe into BitConnect founder wanted by US SEC
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The Indian police launched an investigation against BitConnect co-founder Satish Kumbhani months after the U.S. SEC said he relocated from India.

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Binance assures users after 3rd-party glitch briefly halted withdrawals
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The exchange cited technical issues as the reasons for halting withdrawals across multiple networks earlier this morning.

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CoinFund launches $300M early-stage Web3 venture fund
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The New York- and Miami-based VC firm said several of its seed-stage crypto investments are preparing Series A funding rounds.

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UK hits double-digit inflation for the first time in 40 years
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At 10.1% inflation, the United Kingdom joins 2 billion people around the world suffering as price rises erode people's purchasing power.

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Do Kwon reportedly hires lawyers in S.Korea to prepare for Terra investigation
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Terraform Labs co-founder Do Kwon has claimed that Korean authorities haven’t contacted or filed any charges against him in the Terra investigation.

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Troubled miner returns 26,000 rigs to eliminate debt
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The mining operator entered into a deal with NYDIG to sell rigs to alleviate $64.7 million in outstanding debt.

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Web3 gives creators in emerging markets a shot, says Faro Company CEO
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Mehmet Eryılmaz said that Web3 opens up opportunities for creators to properly showcase their culture through films and music.

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What is CeDeFi, and why does it matter?
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CeDeFi is a new financial system that combines centralized and decentralized systems. It provides privacy, reduced fees and ease of use.

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Another depeg — Acala trace report reveals 3B aUSD erroneously minted
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As the dust settles on another decentralized finance exploit, Acala continues to trace tokens that were erroneously minted after a misconfiguration in a newly ...

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Colombia to prevent tax evasion with national digital currency: Report
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A national digital currency would help curb tax evasion in Colombia, which is estimated at up to 8% of GDP, the head of Colombia’s tax and customs agency said.

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