Upbit offers sUSD stablecoin which has not been very stable lately. It has been unable to maintain its peg to 1 USD. There has been significant volatility in the associated token SNX.

Out of $1.4 billion dollars of hacked ByBit funds, around 28 percent has gone dark, meaning it is untraceable. The centralized cryptocurrency exchanges like Binance, KuCoin have been able to freeze a meager 4% of total funds. However, 69% of funds still remain traceable. 

Binance has made an announcement that it would now require all Indian users to re-verify their identities to comply with the anti-money laundering regulations. This applies to both new and existing users. 

News is coming that Sweden is considering adding Bitcoin to its foreign reserves very soon. Their lawmaker Rickard Nordin said that Bitcoin has gold like currency properties. He added Bitcoin is widely used and is an effective way to combat inflation, just like Gold. 

LDUSDT is not a stable coin as one would otherwise think. Binance Futures has launched this new reward-bearing margin asset called LDUSDT. 

Binance, world’s biggest cryptocurrency exchange has announced its partnership with WorldPay that will allow users to buy cryptocurrency using Apple Pay and Google Pay. This means buying cryptocurrencies using fiat currency just got a whole lot noob friendly. 

If you own a high end graphics card, NewEgg has an offer for you that would allow you to earn NewEgg gift card that is spendable on their website.

In a filing in US bankruptcy court for District of Delaware, now-defunct FTX exchange has canceled claims of nearly 400,000 claims.

Agustin Cruz, a prominent Bitcoin developer, has proposed a draft for a Bitcoin Improvement Proposal with the title Quantum-Resistant Address Migration Protocol.

According to the CEO of Crypto Quant, the Bitcoin’s bull market is over and you can now expect 6-12 months of bearish price action. He adds that every single on-chain metric now points to a bear market.