FTX promised students in Africa up to 40% commission for getting their friends to trade on the now-bankrupt crypto exchange
Failed crypto exchange FTX recruited students in Nigeria to enlist friends and classmates to trade on its platform, saying they had a chance of big commission.
Elizabeth Warren cultivates anti-crypto coalition
Warren is zeroing in on national security concerns as her focus for potential crypto legislation, even as she raises red flags about a host of issues in the space, from consumer protections to environmental impact.

Layoffs Hit Solana NFT Marketplace Magic Eden, Sheds 22 Employees
The digital collectible giant announced the reduction in workforce as part of a restructuring.

What is artificial intelligence going to do to our brains?
Artificial intelligence is supposed to help us. But how are we supposed to trust what it tells us? The post What is artificial intelligence going to do to our brains? appeared first on Crikey.

Fallout of Crypto Binance Stablecoin (BUSD) Regulation Spills Over to DeFi
Paxos Trust Co.’s move to halt issuing more of the Binance-branded stablecoin BUSD amid pressure from US regulators is trickling down into the world of decentralized finance.

Biden to Name Fed Vice Chairwoman Lael Brainard as Top Economic Adviser: Bloomberg
Brainard has been leading the U.S. Federal Reserve's work on a potential digital dollar and has been minding the store on crypto policy discussions until the central bank appoints its permanent vice chair for supervision.

First Mover Asia: Binance BNB Token Plunges, Bitcoin Holds Near $21.8K Amid US Regulatory Uproar
ALSO: U.S. financial regulators' recent crackdown on Binance's BUSD stablecoin and other recent events underscore why Asia is a more likely global hub for digital assets.

Magic Eden Lays Off 22 Staff as Part of Company-Wide Restructuring
CEO and co-founder Jack Lu explained that the company needed to make changes in order to reach new goals in 2023.
Tezro's Innovative Ecosystem Brings Revolutionary Changes to Cryptocurrency Storage and Trading
Tezro multi-purpose application provides cryptocurrency holders with a cutting-edge e-commerce experience, seamless payments instruments.

Binance stablecoin backer says US SEC has labeled token an unregistered security
The firm behind Binance's stablecoin, Paxos Trust Company, said the U.S. Securities and Exchange Commission (SEC) has told the company it should have registered the product as a security and is considering taking action against the platform.

Gemini Ex-Chief Operating Officer Noah Perlman Joins Binance in Compliance
Gemini Trust’s former Chief Operating Officer Noah Perlman has started as the chief compliance officer for Binance just as the world’s biggest crypto exchange faces heightened regulatory challenges.
Markets: Bitcoin rises amid market jitters as Paxos stablecoin issuer next regulator target after Kraken clampdown
Bitcoin was the only top 10 non-stablecoin cryptocurrency to gain in Tuesday morning trading in Asia in a market unsettled by regulators in the U.S...