BTC is currently trading around $23,400 and ETH around $1,700. Notable gainers in the last 24 hours are CEL, ZEC, and XCN. The global crypto market cap is $1.15T, down 2.8% over the last day. DeFi Total Value Locked is ~$69b and BTC dominance is around 41%.
Notable news includes: The Bank of Thailand announced intentions to launch a retail CBDC pilot test by the end of this year; The Reserve Bank of Australia announced plans to explore the use cases for a CBDC; Dubai has formed a new group called the Dubai Digital Assets Business Group (D2A2) to strengthen and promote the digital sector; mixing service Tornado Cash was blacklisted by the US Treasury Department on allegations of being a national security threat; Citi is hiring a digital assets risk manager to focus on crypto, stablecoins, and DeFi; crypto trading firm Amber Group expanded its retail trading operation to Brazil; Ark Invest confirmed that the SEC’s labeling of nine tokens traded on Coinbase as unregistered securities prompted the sale of a portion of its COIN stock; cumulative institutional inflows into ether products now total $159m over the last seven weeks, per CoinShares; crypto exchange Poloniex revealed plans to support all future forked Ethereum tokens; Binance announced plans to cease off-chain fund transfers between itself and WazirX starting on Thursday; Samsung partnered with Theta Labs for an upcoming Galaxy NFT ecosystem; Vitalik Buterin revealed support for a new ERC-721 extension that would add privacy to NFT transactions; Bitcoin miner CleanSpark bought a new 36 MW facility and 3,400 machines in Georgia; smart contract blockchain NEAR revealed JavaScript Software Development Kits to allow JS developers to write smart contracts and build applications on NEAR; crypto exchange Zipmex will restart ETH and BTC withdrawals starting Thursday; and, a committee representing the unsecured creditors of Celsius announced intentions to investigate the conduct of Celsius’s CEO and other insiders.
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