There’s value in crypto, especially layer 1 protocols, even if regulators and politicians don’t dig enough to see it.
ArkotNews
Head of Thailand’s Opposition Party Promises $300 Crypto Airdrop if Elected Prime Minister: Report
Local stakeholders call the move a “marketing gimmick†while others say it's the most efficient way to distribute economic stimulus.
Winklevoss Twins Lent Their Crypto Platform Gemini $100M: Bloomberg
The brothers had tried to get outside investment, Bloomberg said.
Crypto Exchange Bitget Starts $100M Asia-Focused Web3 Fund
The firm started its fund as more crypto projects seek non-U.S. jurisdictions.
Stablecoin Tether's Market Capitalization Nears Record High of $83B
The market cap has increased by 20% this year mainly on account of aggressive issuance on Ethereum's rival, Tron.
U.S. Treasury Warns DeFi Is Used by North Korea, Scammers to Launder Dirty Money
The department's first analysis of illicit finance risks associated with DeFi recommends the U.S. look at enhancements to its existing anti-money laundering regime.
Venture Capital Bitkraft Raises $220.6M for Second 'Token' Fund: Filing
The firm didn’t comment on the new SEC filing, but did outline its crypto investment strategy.
Euler Finance Community Weighs Plan to Return Money Recovered From $200M Hack
The goal of the proposal is to let Euler users redeem their funds as soon as possible.
Lido Considers Using Its ARB Airdrop to Boost Activity on Arbitrum
Under a new proposal Lido would accept its $1.2 million in ARB tokens and reward them to liquidity providers in wrapped staked ether pools.
First Mover Asia: Crypto Liquidity Providers Can Be Profitable by Considering Trade Volume, Volatility and Other Factors, Data Firm Says
ALSO: Ether falls but still outperforms bitcoin for another day as investors look with hope at the Shanghai upgrade.
