Bitcoin is up slightly at $19,138
Ethereum is up .5% at $1045
and Binance Coin is down .5% at $217

Amp up 16%

DOJ charges developer of Baller Ape NFT

El Salvador buys 80 BTC

Meta rolling out NFT feature for Facebook

Greenidge air permit denited by NYDEC

FBI adds Ruja Ignatova to most wanted list.

Links:

• Justice Department Announces Enforcement Action Charging Six Individuals with Cryptocurrency Fraud Offenses in Cases Involving Over $100 Million in Intended Losses | OPA | Department of Justice
• Nayib Bukele on Twitter: "El Salvador bought today 80 #BTC at $19,000 each! #Bitcoin is the future! Thank you for selling cheap 😉 https://t.co/ZHwr0Ln1Ze" / Twitter
• Statement from the New York State Department of Environmental Conservation on Denial of the Title V Permit Renewal for Greenidge Generation, LLC - NYS Dept. of Environmental Conservation
• FBI Adds OneCoin Founder Ruja Ignatova to Its Most Wanted List

Bitcoin is down 1% at $29,845
Ethereum is down 1% at $2028
and Binance Coin is down .5% at $299

Luna Foundation Guard publishes detailed breakdown of the 3B in funds they spent trying to defend the UST peg & Luna.

Grayscale investments is set to list its first ETF in Europe.

President Nayib Bukele of El Salvador says 44 countries will visit El Salvador to discuss Bitcoin.

The CEO of the EminiFX trading platform arrested by FBI, charged with fraud.

Links:

• CEO Of Cryptocurrency And Forex Trading Platform Charged With Fraudulent Scheme Involving Over $59 Million | USAO-SDNY | Department of Justice
• LFG | Luna Foundation Guard on Twitter: "1/ As of Saturday, May 7, 2022, the Luna Foundation Guard held a reserve consisting of the following assets: · 80,394 $BTC · 39,914 $BNB · 26,281,671 $USDT · 23,555,590 $USDC · 1,973,554 $AVAX · 697,344 $UST · 1,691,261 $LUNA" / Twitter
• Nayib Bukele on Twitter: "Tomorrow, 32 central banks and 12 financial authorities (44 countries) will meet in El Salvador to discuss financial inclusion, digital economy, banking the unbanked, the #Bitcoin rollout and its benefits in our country." / Twitter
• Grayscale Investments Lists First ETF in Europe
• Binance's LUNA investment, which peaked at $1.6 billion, now worth just $3,000

Bitcoin is up .5% at $31,633
Ethereum is up slightly at $2,403
and Binance Coin is down slightly at $325

UST depegs to record lows — recovers.

El Salvador buys 500 more BTC.

Arianee raises $21M to bring luxury NFTs into the metaverse

Azuki founder Zagabond tweets about other project history.

Chile says digital peso would need to work offline

Bitcoin is up .5% at $43,803
Ethereum is up 1% at $3,256
and Binance Coin is up 1% at $435

Binance US closes first funding round for over $200M.

ESPN signs deal with Tom Brady’s NFT Platform Autograph

US house introduces bill to mitigate the risks from El Salvador’s adoption of bitcoin.

A Bored Ape holder loses NFTs in fake trade to a scammer.

Links:

• Binance.US raises over $200 million at a $4.5 billion pre-money valuation
• ESPN Signs First-Ever NFT Deal with Autograph
• quit.pcc.eth on Twitter: "Today, bored ape holder "s27" lost their bubble gum ape and matching mutants ($567k at current floors) in an instant. This is a thread on how it happened, and how to prevent something similar from happening to you. 1/🧵" / Twitter

Bitcoin is down slightly at $43,147
Ethereum is down 1% at $3,053
and Binance Coin is down slightly at $423

Snoop Dogg wants Death Row Records to be the first major label in the metaverse

Canada sanctions 34 crypto wallets associated with the trucker freedom convoy

Disney promotes Mike White metaverse-leaning position.

US plans new legislation to mitigate risks of El Salvador’s bitcoin adoption.

Links:

• Clubhouse SnoopDogg NFT - YouTube
• Canada Sanctions 34 Crypto Wallets Tied to Trucker 'Freedom Convoy'
• Disney hires Mike White to lean into metaverse efforts
• President Bukele on Twitter

Bitcoin is down .5% at $37,830
Ethereum is down slightly at $2,539
and Binance Coin is down slightly at $387

Amp up 18%
Helium up 16%
Loopring up 16%

IMF wants El Salvador to walk away from BTC.

Ripple has announced a stock buyback.

Meta's (Facebook's) Diem (Libra) may be shutting down for good.

PleasrDAO is raising $69M.

Links:

• Mark Zuckerberg Stablecoin Project Diem Considers Selling Off Remaining Assets - Bloomberg
• Ripple announces stock buyback, nabs $15 billion valuation
• IMF urges El Salvador to remove Bitcoin as legal tender - BBC News
• Crypto art collector PleasrDAO is raising $69 million

Bitcoin is up slightly at $35,807
Ethereum is up 1.5% at $2,495
and Binance Coin is up 3% at $375

Bitcoin has hit a 6 month low, and El Salvador is buying.

The SEC doesn't like MicroStrategy’s approach to bitcoin accounting.

SEC Commissioner Elad Roisman ends term early.

BlackRock files for ETF tracking blockchain & crypto companies.

Twitter seeks Senior Product Manager, Crypto.

Links:

• Nayib Bukele 🇸🇻 on Twitter: "Nope, I was wrong, didn’t miss it. El Salvador just bought 410 #bitcoin for only 15 million dollars 🥳 Some guys are selling really cheap 🤷🏻‍♂️" / Twitter
• Senior Product Manager, Crypto
• SEC Commissioner Roisman steps down two years ahead of schedule
• SEC form BlackRock's new Blockchain/Tech ETF

Bitcoin is down slightly at $47,155
Ethereum is up slightly at $3,748
and Binance Coin is up slightly at $523

Syscoin up 26%
Polymath up 26%

Eminem buys Ape #9055 for $462k.

Mexican government announces they plan to issue a cbdc by 2024.

El Salvadorian Citizens express concern over Chivo wallet security.

Bitfarms raising $100M in a Bitcoin backed loan with Galaxy Digital.

Startup alleges Coinbase misaction

El Salvador buys more BTC

Bitcoin is down 1% at $54,399
Ethereum is down 1% at $4,102
and Binance Coin is down 2% at $597

Amp up 16%

Google says hackers are using Google Cloud Platform instances to mine crypto

Crypto .com will sponsor the CONMEBOL Libertadores cup from 2023 to 2026.

El Salvador picks up 100 more BTC.

MoonPay helping celebrities buy NFTs.

Links:

• Google's Threat Horizons Report
• CONMEBOL announces multi-year partnership with Crypto.com as Official Partner of CONMEBOL Libertadores
• Nayib Bukele 🇸🇻 on Twitter: "El Salvador just bought the dip. 100 extra coins acquired with a discount 🥳 #Bitcoin 🇸🇻" / Twitter
• MoonPay quietly set up a concierge service to help celebrities buy NFTs

Bitcoin is down .5% at $62,025
Ethereum is down .5% at $4,541
and Binance Coin down 1% at $553

Holo up 22%
Amp up 16%
Axie infinity up 15%

The OCC multi-agency crypto sprint has wrapped up — details soon.

Binance is taking steps against the project Squid that they’ve labelled a scam

Quentin Tarantino is getting set to auction off 6 uncut scripts of Pulp Fiction as NFTs

El Salvadorian President Bukele announces new Bitcoin education project yesterday.

A DAO that includes Vincent Van Dough has spent $250k on an NFT of a large cube of tungsten.

Links:

• Quentin Tarantino to auction six uncut scripts for Pulp Fiction as NFTs
• The Tungsten Cube - 14.545 inch, ~2000 lb (1 Ton, 907 kg) cube held in Willowbrook, Illinois, USA by Midwest Tungsten Service - Midwest Tungsten Service - Tungsten Cubes | OpenSea

Bitcoin is up 3% at $61,010
Ethereum is up 3% at $4,160
and Binance Coin is up 5% even at $480

Shiba Inu up 47%
Dogecoin up 37%
Fantom up 15%

China says it will release a new national blockchain standard next year.

Cream Finance has been hacked for more than $130M

El Salvador buys another 420 Bitcoin

Adobe partners with OpenSea and other marketplaces to display NFT credentials.

Links:

• Cream Finance 🍦 on Twitter: "Our Ethereum C.R.E.A.M. v1 lending markets were exploited and liquidity was removed on October 27, 1354 UTC. The attacker removed a total of ~$130m USD worth of tokens from these markets, using this address: https://t.co/17sPIDpCmr No other markets were impacted." / Twitter
• El Salvador announces purchase of 420 bitcoin, worth nearly $25 million
• Adobe partners with OpenSea and other NFT marketplaces to display content credentials
• China to Release National Blockchain Standard Next Year, Says Official: Report
• MicroStrategy Adds Almost 9,000 Bitcoins to Its Holdings in Third Quarter

Bitcoin is up 1% at $47,504
Ethereum is up 1% at $3,236
and Cardano is up slightly at $2.24

Vechain up 24%
AMP up 15%
THORchain up 15%

El Salvador has started mining bitcoin with geothermal energy from volcanos.

The bank of England starfs up third-party working groups to provide input into CBDC.

TikTok announces NFT collection that will partner with top creators.

Rugpull in Solana NFT project.

US Fed Chair Jerome Powell said he’d misspoken abut CBDCs replacing private cryptos.

Links:

• Nayib Bukele 🇸🇻 on Twitter: "We’re still testing and installing, but this is officially the first #Bitcoin mining from the #volcanode 🌋" / Twitter
• Membership of CBDC Engagement and Technology Forums | Bank of England
• TikTok launches first creator-led NFT collection | TikTok Newsroom
• Supposed 17-year-old artist sells $138,000 of fake NFTs and disappears
• Fed Chair Powell Says He Has ‘No Intention’ of Banning Crypto — CoinDesk

Links:

• El Salvador president teases geothermal Bitcoin mining farm
• Crypto is impossible to destroy, says Tesla CEO Elon Musk
• First cryptocurrency fund approved in Switzerland
• Tesla CEO Elon Musk says U.S. government should avoid regulating crypto

Links:

• 200 smart contracts on Cardano... but there’s a catch
• El Salvador ranks third in global Bitcoin ATM installations, data finds
• 100 years ago, Henry Ford proposed ‘energy currency’ to replace gold

Links:

• SEC threatens to sue Coinbase over crypto yield program it considers a security
• El Salvador says merchants must process BTC transactions — Or they may face action
• Afterpay tells Senate inquiry crypto could slash merchant payment costs

Links:

• Thai SEC intends to revoke operating license of Huobi crypto exchange
• CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
• One in four US teens would buy crypto if given money to invest, survey finds

Bitcoin is up slightly at $50,249
Ethereum is up slightly at $3,930
and Cardano is up slightly at $2.87

Ecomi up 25%
Filecoin up 19%
Quant Network up 18%

The South Korean exchange Bithumb to mandate ID verification for customers.

The finance commission in El Salvador has approved a $150M trust fund to support the rollout.

BBVA is launching a digital investment account that offers crypto support.

This week the avalanche based DeFi protocol Trader Joe raised $5 million in a token sale.

Links:

• El Salvador approves $150 million trust fund to support bitcoin ambitions
• The digital account New Gen enables investments in sectors with the greatest impact on the future
• Avalanche-based DeFi protocol Trader Joe raises $5 million in token sale

Bitcoin is down .5% at $33,495
Ethereum is up slightly at $1,870
and Binance Coin is up .5% at $292

Ecomi up 50%
Celo up 15%
Crypto.com up 15%

El Salvador plans $117M airdrop to citizens.

Ethereum’s hash rate is falling due to mining crackdown.

Eric Adams wants NYC to be crypto hub.

Met police have seized more than $150M in cryptocurrency.

Paraguay University will begin accepting crypto as payment beginning in August.

Links:

• Bitcoin to become legal tender in El Salvador on Sept 7 | Reuters
• NYC will become 'center of bitcoins,' says mayoral lead Eric Adams
• Met makes one of world's largest cryptocurrency seizures - Metropolitan Police
• Paraguay University to Accept Bitcoin, Ether, XRP in August - CoinDesk

Bitcoin is down .5% at $39,104
Ethereum is down .5% at $2,419
and Binance Coin is down slightly at $358

XFin Network up 22%
Mir Coin up 15%

The World Bank rejects El Salvador’s request for help implementing Bitcoin as legal tender

US House Republican’s campaign arm will take donations in cryptocurrency

Iron Finance had a catastrophic day yesterday

a16z is backing Goldfinch

Links:

• a16z backs DeFi project Goldfinch, which aims to reshape lending
• World Bank rejects El Salvador request for help on bitcoin implementation | Reuters
• House Republican campaign arm to accept cryptocurrency donations - Axios
• Iron Finance's Titan Token Falls to Near Zero in DeFi Panic Sell - CoinDesk
• STEEL compensation (07 May 2021 ValueDeFi incident) | by Iron.Finance | Jun, 2021 | Medium

Bitcoin is down 1% at $37,111
Ethereum is down .05% at $2,454
and Binance Coin is down 1% at $358

Chiliz up 40%
AMP up 27%

IMF watching El Salvador closely ahead of meeting.

OKcoin is awarding a 100k grant to Brink a bitcoin development Non-profit.

State-chartered banks in Texas have gotten the green light for crypto asset custody

British Billionaire Alan Howard leads a $25M investment in the London crypto custodian Copper.

Links:

• Alan Howard makes fresh investment in crypto start-ups | Financial Times
• Texas State Regulator Greenlights Banks to Custody Crypto - CoinDesk
• Okcoin Awards $100K Grant to Bitcoin Development Non-Profit Brink - CoinDesk
• IMF Sees Risks After El Salvador Makes Bitcoin Legal Tender - Bloomberg

Bitcoin is up slightly at $37,906
Ethereum is down slightly at $2,571
and Binance Coin is down slightly at $366

WayzirX up 19%
Wootrade up 17%

El Salvador officially passed the bitcoin proposal.

Senator Elizabeth Warren strikes out against cryptocurrency.

Blockchain protocol Boson pays a record $704k for a Decentraland plot — to build a mall.

Links:

• Warren: U.S. government needs to confront crypto threats ‘head on’ | Reuters
• Boson Pays Record $704K for Decentraland Plot to Create a Virtual Mall: Report - CoinDesk
• El Salvador approves Bitcoin as legal tender | Crypto News | Al Jazeera

Bitcoin is up slightly at $36,032
Ethereum is up slightly at $2,709
and Binance Coin is up .5% at $391

Enzyme finance up 25%
Kyber network up 17%

The president of El Salvador is moving to recognize Bitcoin as legal tender within the country.

FTX is paying $210 million to rename the most-valuable pro esports team from TSM to TSM FTX.

Texas governor Greg Abbott signed a law to create a legal framework for cryptocurrencies and blockchain

Second Digital Yuan test in Beijing.

Links:

• Beijing to give away over $6 million in latest digital yuan test
• A Pro E-Sports Team Is Getting $210 Million to Change Its Name - The New York Times
• Greg Abbott on Twitter: "Blockchain is a booming industry that Texas needs to be involved in. I just signed a law for Texas to create a master plan for expanding the blockchain industry in Texas. #Blockchain #Bitcoin #cryptocurrency https://t.co/bMKXxxYooe" / Twitter
• President of El Salvador Says He’s Submitting Bill to Make Bitcoin Legal Tender - CoinDesk