TikTok launches text posts feature to rival Twitter and Threads
Just 20 days after Mark Zuckerberg’s Meta launched Threads to rival Elon Musk’s X, TikTok joined the race by allowing users to create and post text-based content.
Crypto investors cool on Bitcoin funds, turning to Ether and XRP
Bitcoin-related funds saw outflows of $13 million over the past week, reversing five weeks of bullish inflows, according to Coinshares analyst James Butterfill.
Connext, Alchemix launch cross-chain token standard to reduce bridge exploit losses
The two protocols will implement a standard for issuers to control the "canonical" minting of tokens, helping to reduce losses from unofficial bridges.
Arkham Intel Exchange approves $5K bounty for info on Do Kwon and Terra wallets
Terra co-founder Do Kwon is currently in a Montenegrin prison as the platform remains under scrutiny in South Korea, but crypto users continue to seek out information on wallets.
US GAO says lack of interagency cooperation needs to be addressed in crypto regulation
In a report requested by Rep. Maxine Waters, the country’s top watchdog is carefully neutral but dissatisfied with agencies’ abilities to work together.
Proposed gag order in SBF's criminal case under review, citing attempt to 'influence public opinion'
The proposal followed a complaint filed by U.S. authorities alleging Sam Bankman-Fried had leaked Caroline Ellison’s private journals in an attempt to interfere with the trial.
Ripple ruling and crypto ETFs ‘drove a lot of urgency’ among lawmakers, reportedly says Coinbase CEO
Coinbase CEO Brian Armstrong reportedly said Representatives Maxine Waters and Patrick McHenry were both considering a legislative path forward on regulating digital assets.
Putin signs law on introduction of digital ruble in Russia
Russian citizens will not be forced to use the digital ruble, and use of the CBDC will be a voluntary choice for people to make, the governor of the Bank of Russia said.
From rugs to riches: UK carpet retailer to adopt Bitcoin Standard
With inflation running high and sluggish UK banking interest rates, small businesses in the United Kingdom are turning to novel solutions to save money.
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