- Citigroup offers tokenized deposit services for institutional clients.
- Cryptocurrency startup Bastion raises $25 million in funding.
- Hong Kong police report 1,641 JPEX scam cases, involving approximately HKD 1.2 billion.
- Blockchain Capital raises $580 million for two new funds.
- The U.S. SEC urges a Washington, D.C. court to approve an examination of Binance.US. A judge has denied the SEC’s request to inspect Binance.US.
- FTX sues SBF’s parents to recover misappropriated funds, including approximately $18.91 million paid to Blue Water.
- Hong Kong Cyberport hosts over 190 companies, with over 40 Web3 venture funds investing in the city.
- PYUSD’s reserve assets amount to approximately $45.3 million, with U.S. Treasury-related assets accounting for about $43.8 million.
- Optimism initiates the third round of OP token airdrop, distributing approximately 19 million OP tokens to over 31,000 addresses.