Bitcoin is up slightly at $22,606
Ethereum is up slightly at $1740
and Binance Coin up .5% at $296
Ravencoin up 17%

Starbucks announces Starbucks Odyssey in partnership with Polygon.

Coinbase PM's brother pleads guilty to insider trading.

Huobi Global delists 7 privacy coins.

BitGo files $100M lawsuit against Galaxy Digital.

Fidelity eyeing bitcoin trading for retail customers.

Stone Ridge to sunset bitcoin strategy fund.

Links:

• Stone Ridge liquidation Filing Documents for 0001193125-22-242484
• Huobi Global to Delist DASH, DCR, FIRO, XMR, XVG, ZEC, and ZEN-Huobi Global-Official Huobi Website
• Starbucks brewing revolutionary Web3 experience for its Starbucks Rewards members
• BitGo on Twitter: "Late yesterday, BitGo filed a lawsuit against Galaxy Digital seeking damages of more than $100 million arising from Galaxy’s improper repudiation and intentional breach of its merger agreement with BitGo." / Twitter
• First Guilty Plea in Coinbase-Related Insider Trading Charges
• Fidelity to offer bitcoin trading to retail customers: Reports

Bitcoin is up .5% at $21,129
Ethereum is up 2% at $1195
and Binance Coin is up slightly at $236

Polygon up 16%
Frax up 22%

Solana Labs is launching a mobile phone.

Cristiano Ronaldo signs multi-year NFT deal with Binance

Bitcoin miner Aspen Creek Digital opens facility in Colorado

Harmony's cross-chain bridge exploited for $100M

Funds from AnubisDAO exploit on the move for the first time in 8 months.

Links:

• PeckShieldAlert on Twitter: "#PeckShieldAlert PeckShield has detected @AnubisDAO rug pullers just transferred ~97 $ETH to 0x07002d0212e3d40a6e17773460579d694100b7f4 @AnubisDAO rugged ~$58m in October 2021. https://t.co/2N5LO6ECtq" / Twitter
• (1) Harmony 💙 on Twitter: "1/ The Harmony team has identified a theft occurring this morning on the Horizon bridge amounting to approx. $100MM. We have begun working with national authorities and forensic specialists to identify the culprit and retrieve the stolen funds. More 🧵" / Twitter
• (1) Cristiano Ronaldo on Twitter: "Proud to be partnering with @binance Together we’ll give you the opportunity to own an iconic piece of sports history. I’m excited to take this journey with all of you. Let’s change the NFT game with #Binance. https://t.co/SNSCMHggct" / Twitter
• Solana launches web3-focused smartphone Saga to improve crypto-mobile relationship | TechCrunch
• Bitcoin miner Aspen Creek Digital opens 6-megawatt facility in Colorado

Bitcoin is up slightly at $31,572
Ethereum is up slightly at $1937
and Binance Coin is down .5% at $316

NuCypher up 100%
Voyager Token up 56%
Keep Network up 30%

Binance raises new 500M investment fund

Akatsuki announces a $20M Web3 fund

Prada has announced a collection of NFTs

Optimism launches governance token OP

Polygon increases KYC scrutiny for investments in India.

Links:

• Binance Labs Closes $500M Investment Fund to Boost Blockchain, Web3, and Value-Building Technologies | Binance Blog
• Exclusive: Japanese gamemaker Akatsuki launches $20m fund to back Web3 projects in Asia
• Prada Timecapsule | PRADA
• Optimism (✨🔴_🔴✨) on Twitter: "Sup sleuths—as you might have guessed, OP Drop #1 launches today. We have NOT officially announced yet, but we’re already experiencing an all-time high demand. We knew everyone would be excited, but holy cow—y’all just couldn’t wait for #OPSummer." / Twitter
• Polygon Increases KYC Scrutiny of Potential Investments and Grants in India

Bitcoin is down slightly at $35,233
Ethereum is down 1% at $2,357
and Binance Coin is down slightly at $333

Russia attacks Ukraine, also pushes to limit crypto transactions.

Pantera Capital says recent crypto selling pressure comes from tax positions

NFT platform OneOf expands to sports, Polygon.

Sotheby’s withdraws "Punk it" — 104 CryptoPunks— at behest of the consignor

Links:

• Russia to Restrict Crypto Trading to Licensed Platforms, Certified Wallets
• February Blockchain Letter | Pantera
• OneOf Expands Sports NFT Presence With New Collection on Polygon
• Sotheby's withdrew a lot of 104 CryptoPunks before its auction was set to begin
• FTX moves into $300 billion luxury fashion industry with new hire

Bitcoin is down .5% at $43,453
Ethereum is down .5% at $3,076
and Binance Coin is down 1% at $421

Shiba Inu up 16%
SLP up 16%

NFT platform HitPiece hit with cease and desist.

Polygon has picked up $450M in a funding token sale.

Axie Infinity re-structures SLP economics

President of Kazakhstan calls for tax increase on crypto mining.

Links:

• Polygon raises $450 mln from Sequoia Capital India, SoftBank Vision Fund 2, others | Reuters
• RIAA Moves Against HitPiece – Calls For Permanent End to Bogus NFT Site’s Infringement of Artist Rights - RIAA
• Axie Infinity Reduces SLP Emissions to Prevent 'Collapse'
• Kazakhstan President Calls for Tax Increase on Crypto Mining: Report

Bitcoin is up slightly at $47,501
Ethereum is up slightly at $3,735
and Binance Coin is up slightly at $525

Algorand up 15%
Gnosis up 30%

Polygon has come forward about a severe bug that they’ve just fixed with a hard fork.

Decentraland to have it's own NYE party

Microstrategy has picked up another 94.2M in Bitcoin

Proshares files for metaverse ETF

Links:

• MicroStrategy Buys Another $94.2 Million of Bitcoin
• ProShares files for ETF that tracks companies focused on the metaverse
• All You Need to Know About the Recent Network Upgrade — Polygon | Blog
• Digital Currency Group and Jamestown Partner to Bring One Times Square to the Decentraland Metaverse | Business Wire

Bitcoin is up 1% at $48,756
Ethereum is up .5% at $3,959
and Binance Coin is up slightly at $530

Near Protocol up 30%
Thorchain up 18%
Convex Finance up 23%

Uniswap live on Polygon.

Bitcoin miners generated more than $15B in 2021.

Crypto companies raised just over $25B in venture funding across the year.

Jack Dorsey warns against overdependance on VC for web3.

BAYC flips CryptoPunks by floor price.

Links:

• jack⚡️ on Twitter: "You don’t own “web3.” The VCs and their LPs do. It will never escape their incentives. It’s ultimately a centralized entity with a different label. Know what you’re getting into…" / Twitter
• Uniswap goes live on Ethereum scaling network Polygon
• Bitcoin miners generated more than $15 billion in revenue during 2021
• The Block Research

Bitcoin is up slightly at $47,086
Ethereum is up 3% at $3,966
and Binance Coin is down .5% at $531

Aave up 17%

Michael Saylor and Microstrategy are trying to figure out what to do with all that BTC.

Adidas picks up 23M from it’s collaborative “Into the Metaverse” drop

Polygon and Seven Seven Six launch $200 million Web3 fund.

Bitwise launches NFT tracking index fund

Links:

• Polygon and Reddit co-founder's VC launch $200 million Web3 fund
• Adidas Originals NFT drop nets $23 million - Crypto Daily™
• MicroStrategy’s Saylor Lays Out Ways Firm Could Generate Yield From Its Massive Bitcoin Holdings
• Bitwise Launches Blue-Chip NFT Index Fund, Offering Broad Exposure to the Most Iconic Digital Art Collections | Business Wire

Bitcoin is up slightly at $49,102
Ethereum is down .5% at $4,161
and Binance Coin is up slightly at $585

Mir Coin up 30%
KuCoin up 15%

CryptoPunk #4156 sells for $10.2M

Polygon acquiring Mir Protocol for $400M

Palm NFT studio raised $27M in a series B.

Paradigm is pulling in $35 million in a fundrais to expand into DeFi.

Links:

• Crypto derivatives platform Paradigm nabs $400 million valuation in funding round
• Polygon acquires ZK-rollups startup Mir Protocol for $400 million
• A rare CryptoPunk has sold at a record $10.2 million
• Microsoft leads $27 mln early-stage funding in crypto startup Palm NFT Studio | Reuters

Bitcoin is down .5% at $49,299
Ethereum is down .5% at $4,213
and Binance Coin is down .5% at $573

Terra, up 27%
Gala up 20%
Polygon up 16%

BitMart was exploited for over $150M

SEC chairperson Gary Gensler coy in response to Senator Pat Toomey’s follow-up questions.

FTX CEO Sam Bankman-Fried is looking to raise a total of $1.5 billion for FTX.US.

Links:

• Crypto exchange BitMart confirms hack resulting in loss of $150 million in crypto
• Gensler hedges on classifying cryptocurrencies as securities in response to Senator's questions
• FTX to Seek $1.5B in New Funding Round at $32B Valuation: Report

Bitcoin is down slightly at $56,941
Ethereum is down .5% at $4,605
and Binance Coin is down slightly at $625

Those are your leaders by market cap, top gainers in the last 24 hours…

Cosmos up 20%
Polygon up 16%

Senator Elizabeth Warren wants answers from bitcoin mining company Greenidge Generation.

The SEC denied WisdomTree's spot Bitcoin ETF proposal.

DeFi Protocol BadgerDAO was exploited yesterday. $120M lost.

Coinbase Cloud has $30B worth of assets staked on platform.

Square will rebrand its corporate entity to Block

Links:

• Square = Block. Business Wire
• Warren's Letter
• Coinbase Cloud has $30 billion in crypto assets staked

Bitcoin is up slightly at $59,364
Ethereum is down slightly at $3,773
and Binance Coin is down 4% at $460

Polygon up 18%
Loopring up 15%

Bitcoin up on Bloomberg speculation that the SEC will allow a bitcoin futures ETF.

Data compiled by the Cambridge Centre for Alternative Finance suggests US leads Bitcoin mining hash rate.

A man in the UK has been jailed for 13 months for stealing electricity to mine crypto.

London investment app Plum has secured $14M of a $24M series A.

Links:

• Bitcoin Futures ETFs Are Poised for Milestone With Debut in U.S. - Bloomberg
• Savings and investment app Plum secures $14 million of funding
• U.S. Now World Leader in Bitcoin Production | ETF Trends
• UK Jails Crypto Miner for 13 Months for Stealing Electricity: Report — CoinDesk

Bitcoin is up slightly at $46,339
Ethereum is up slightly at $3,233
Cardano up .5% at 2.15

Dent up 40%
Waves up 25%
Qtum up 16%

Polygon merges with Hermez network in a 250 million Matic deal

London High court orders Binance to trace hackers who carried out a 2.6M hack on Fetch.ai.

Fashion house Dolce and Gabana set date for NFT drop.

Fortune magazine raises over $1.3M in an NFT sale of its latest cover.

Data analytics platform Dune raises $8M in a series-A round.

Links:

• Fortune raises over $1.3 million in NFT sale of its latest issue's cover
• Crypto data analytics platform Dune raises $8 million in Series A funding
• London court orders Binance to trace cryptocurrency hackers | Reuters
• Polygon Merges With Hermez Network in $250M Deal - CoinDesk
• Dolce & Gabbana Sets Date for Haute Couture NFT Drop - CoinDesk

Bitcoin is up .5% at $48,959
Ethereum is up 1% at $3,905
and Binance Coin is up .5% at 587.

Polygon up 31%
Cardano up 15%
Cosmos up 15%

Microsoft is closing down its Azure Blockchain Service in September.

The Bank of England says it looks probable that the state would need to issue some form of digital cash to retain citizen’ confidence.

Argentina’s Tax authority has ordered crypto exchanges to file information on transactions.

Binance is facing an investigation by the IRS and Department of justice

The Bitcoin wallet used by DarkSide for ransom payments has ben ID’d by Elliptic

Links:

• Azure Blockchain Service retirement notification and guidance - Azure Blockchain | Microsoft Docs
• Binance Faces Probe by U.S. Money-Laundering and Tax Sleuths (1)
• Elliptic Follows the Bitcoin Ransoms Paid by Colonial Pipeline and Other DarkSide Ransomware Victims
• Do we need ‘public money’? - speech by Jon Cunliffe | Bank of England
• Argentina’s Tax Authority Orders Crypto Exchanges to File Information on Transactions: Report - CoinDesk

Bitcoin is down .5% at $50,625
Ethereum is up slightly at $3,999
and Binance Coin is down slightly at 606.

Dogecoin up 29%
Polygon up 24%
Ethereum classic, up 21%

Facebook’s Libra project pivots to Diem, pivots back to the US, and pivots to a USD stablecoin.

The IRS warns that the agency can seize people’s crypto assets to settle unpaid taxes.

DeFi protocol xToken exploited for $24.5M.

The Colonial Pipeline paid the $5M crypto ransom soon after the attack.

Links:

• IRS Seizing Crypto Assets to Pay Off Tax Debts, Official Says
• Colonial Pipeline Paid Hackers Nearly $5 Million in Ransom - Bloomberg
• Attacker uses flash loans in $24.5 million exploit of DeFi protocol xToken
• xToken on Twitter: "Our initial report on today's exploit. More details in the coming days. https://t.co/ZadHCUTqEK" / Twitter
• Diem Announces Partnership with Silvergate and Strategic Shift to the United States

Bitcoin is down .5% at $57,578
Ethereum is down 2% at $3,833
and Binance Coin is down 2% at $661.79

iExecRLC up 61%
Polygon up 22%
Telecoin up 15%

Elon Musk jokes about dogecoin and crypto on SNL.

Revolut is looking to add Doge trading.

ING said that DeFi is more disruptive to banks than Bitcoin.

Goldman Sachs is offering bitcoin derivatives to investors

OFAC-Compliant mining?

DappRadar raised $5M in a series A round.

Links:

• ING DeFi white paper

Bitcoin is down slightly at $59,189
Ethereum is up slightly at $2094
and Binance Coin is up 1% at $345.00

BitTorrent up 29%
Polkadot up 18%
Tron up 16%

Ether's new all time high of $2,140

Decentraland to add Polygon's Matic Network to get around gas fees

UK’s FCA said bold new scam in action.

FutureFintech acquires Nanjing Ribensi Electronic Technology company.

Links:

• Blockchain Recovery Department (clone of FCA authorised firm) | FCA
• Move MANA between Ethereum and Polygon | Decentraland
• Future FinTech Acquires Chinese Mining Farm for $9M