🚨 Some Major news from yesterday🚨 - Coinbase Reports $53,000,000,000 Drop in Retail and Institutional Crypto Trading Volume - US Senators Led By Elizabeth Warren Want You to Report Crypto Transactions of Over $10,000 - Bricks are now live on CDC trading. - Coinbase: 19% of New Yorkers own cryptocurrency - Binance gets El Salvador's green light to become 'first fully licensed' crypto exchange - Elon Musk's 'Silly' Dogecoin Tweets Are Dragging Out Insider Trading Lawsuit, Lawyers Say - OG crypto investor Charlie Shrem: $BTC's journey to $250,000 accelerated, ETH will 10x sooner - Tokenized Coinbase Stocks Are Coming to Polygon Thanks to Backed Finance. Backed Finance has integrated Chainlink’s price feeds, onboarding a suite of tokenized assets to six different blockchains. - Blockchain Capital’s X account hacked to advertise intriguing fake token claim - FED Reveals Cryptocurrency Oversight Program. It’ll focus on activities related to crypto, blockchain technology, non-bank technology partnerships. - $120M OneCoin-Like Crypto Ponzi Scheme Busted in India. Local authorities in Odisha uncovered a $120 million crypto Ponzi scheme, arresting central figures behind the fraud. STA Token was at the center of the scheme - South Korea arrests Bitsonic CEO for allegedly stealing $7.5M of users’ money. The vice president of the crypto exchange will also be put on trial without preliminary detention. - AI deepfakes pose a risk to identity checks on crypto exchanges. HeyGen's AI-generated digital avatar allows users to create realistic videos in just two minutes. - Japanese startup, Soramitsu, developing cross-border payment system using stablecoins and Cambodia's CBDC. Targets Japan, India, China, and Southeast Asia. - BitPay Bill Pay Launches for Users to Pay Bills With Crypto - Huobi Becomes First Exchange to List PayPal's PYUSD Stablecoin - Chainlink price feeds go live on Coinbase's Base L2 network - Lawsuit filed against FTX's former law firm for setting up shadowy entities. Allegations of misappropriation of customer funds by FTX and former top executives. - Cardano DEX MuesliSwap to refund users affected by slippage confusion caused by the matchmaker setup. - Standard Bank & Shinhan Bank collaborate on real-time settlement and integrated foreign exchange using tokenized Thai Baht (THB), New Taiwan Dollar (NTD), and South Korean Won (KRW). The platform ensures real-time settlement of stablecoin assets and incorporates FX rates. Banks validate the platform's applicability and integration into current banking capabilities. - Standard Bank & Shinhan Bank Deep-Dive: Real-Grimes made more from NFTs than her entire music career, banking $5.8 million in just 20 minutes by selling crypto art. - Congressman McHenry praises stablecoins as a key part of our payment system. He sees PayPal's PYUSD as a signal of their potential. Following regulations and protecting consumers are crucial for stablecoins to succeed. - Sam Bankman-Fried Will Still Face Campaign Finance-Related Charge, Justice Department Says - Private equity giant David Rubenstein supports Bitcoin due to BlackRock's interest in a spot bitcoin ETF, suggesting the cryptocurrency's stability and future prospects. - Lido Attracted 10K Ether Stakers to Protocol in July. The largest staking service provider also crossed $15 billion in TVL, a level not seen since May 2022. - Commonwealth Bank introduces $10,000 cap on cryptocurrency exchanges. The move will affect certain payments.