DOJ charges NFT developer with $2.6 million 'rug pull' scam — link

VanEck files new application for spot Bitcoin ETF — link

Whales (>1k $BTC) are adding to their balance aggressively, acquiring 140k $BTC/month directly from exchanges. Whales now own 8.69M $BTC (45.6% supply).

BIS to allow member banks to hold 1% of their reserves in Bitcoin — link | report

Tether reduces commercial paper holdings almost 60% as it tackles quality concerns — link

BlockFi agreed to an option to be acquired by crypto exchange FTX for up to $240 million — link | coindesk

Voyager temporarily suspends trading, deposits, withdrawals, and loyalty rewards — link

AUM of crypto investment products reaches record lows. In June, Bitcoin’s AUM fell 33.7% to $15.9bn, however, it continued to gain market share, currently at 73.6% of total AUM, up from 70.1% in May.

Ethereum’s AUM dropped 46.7% to $4.54bn while ‘Other’ and ‘Baskets’ AUM fell 30.0% to $823m and 33.6% to $337m, respectively — link

Sam Bankman-Fried explores buying distressed crypto miners next — link | archive

Crypto hedge fund Three Arrows files for chapter 15 bankruptcy — link | archive

Vauld halts client withdrawals and hires advisors for potential restructuring — link

Central African Republic launches national cryptocurrency called 'Sango Coin' — link

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Digital asset investment products saw inflows totalling $64m last week, although the headline figures obscure the fact that a significant majority were into short-bitcoin investment products (US$51m) — link

Singapore regulators mulling more restrictive crypto policies — link

Celsius repays $120 million stablecoin debt to Maker protocol, its new liquidation price sits at $4,966 — link

European crypto lender CoinLoan lowers withdrawal limit citing market conditions — link

Nexo starts process to potentially acquire troubled crypto lender Vauld — link

Core Scientific sold over 7k Bitcoins for about $167M in June, sees more sales — link

Exchange reserves continue to see large scale net withdrawals, with aggregate balances declining to levels last seen since July 2018 — link