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📊Crypto News Today (08.16.2022)

🔹The Federal Reserve (Fed)'s governing board has unveiled guidelines that will standardize applications for “master accounts” from institutions “with novel charters,” including “cryptocurrency custody banks and their trade associations.”

🔆 Hyundai Motor Group’s securities arm has extended its partnership with the South Korean crypto exchange Bithumb – and will allow its app users to access real-time crypto markets data.

🔵 Do Kwon, co-inventor of the failed Terra stablecoin system whose collapse wreaked havoc in the global cryptocurrency market, said authorities in South Korea haven’t filed charges against him or been in touch.

❗️BitGo, which is one of the biggest custodians in the crypto industry, said it will seek $100 million in damages from Galaxy.

💢 A new leak concerning the next game in the Grand Theft Auto series – presumably called GTA 6 – suggests that it will feature support for some kind of cryptocurrency.

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📊Crypto News Today (08.15.2022)

♨️ Since crypto lender Voyager Digital filed for Chapter 11 bankruptcy, criticism of the billionaire and owner of the NBA Dallas Mavericks team has been raining down on social media.

✔️ Steam will allow Tesla to include more than 50,000 additional video games in its system.

🔻 The Fiscal Information and Investigation Service (FIOD) of the Netherlands said it arrested a 29-year-old man in Amsterdam on suspicion of "concealing criminal financial flows" and "facilitating money laundering" through crypto mixing service Tornado Cash.

🔺Over 75% of Financial Institutions Intend to Use Crypto in the Next Three Years

▪️FC Barcelona and Real Madrid launched a mutual cryptocurrency and Metaverse trademark application.

🔹 The Swiss luxury watchmaker did not cancel the possibility of offering cryptocurrency payments in stores in the future.

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📊Crypto News Today (08.11.2022)

▫️Ethereum's Last Test Before the Merge is ‘Quite Good’

💢Hotbit – a Shanghai-based cryptocurrency exchange – has indefinitely frozen all trading, deposits, and withdrawals of its users’ crypto assets.

🔻As reported by Bloomberg, CoinFLEX has now decided to undergo a restructuring process in a bid to stay afloat and eventually pay back investors whose funds are locked, with only 10% of customer funds available for withdrawal.

❕LongHash Ventures – an Asian investment firm and accelerator that’s geared towards web 3 – has announced a $100 million venture fund for the decentralized web.

🧩The Reserve Bank of Australia plans to create a CBDC that will operate in a “ring-fenced environment.”

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📊Crypto News Today (08.09.2022)

📍The U.S.'s top diplomat appeared to claim – briefly, anyway – that cryptocurrency mixing service Tornado Cash was a North Korean hacking group.

❗️US Secretary of State Tweets, Deletes Claim That Crypto Mixer Tornado Cash Is North Korea-Sponsored

▫️The Reserve Bank of Australia (RBA) will develop a "limited-scale" pilot to explore use cases and potential economic benefits of a central bank digital currency (CBDC).

🔹Consumers see inflation falling sharply next year, the latest New York Federal Reserve Survey of Consumer Expectations found.

💢Ethereum fees are at their lowest level in two years.

⛲️US Crypto Regulation Bill Needs More Work to Define Boundaries, Former Prosecutor Says.

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