The Crypto Overnighter

Overnighters, Episode 624: Politics and Crypto Collide Another Bank Bites the Dust SEC's Crypto Assault Crypto's Global Impact BRICS' Crypto Threat Museum's Metaverse Move The TL;DL   Politics and Crypto Collide - Minnesota welcomes crypto for campaign donations, while a U.S. Congressman finds himself amidst a crypto scam. This contrast shows crypto's growing but contentious role in politics. Another Bank Bites the Dust - The closure of Heartland Tri-State Bank signifies another blow to traditional banking. As faith in these institutions wanes, the appeal of decentralized financial systems grows. SEC's Crypto Assault - Pro-XRP lawyer John Deaton criticizes the SEC for its perceived bias against the crypto industry. This tension reflects the ongoing power shifts within the financial landscape. Crypto's Global Impact - Peru tightens regulations on crypto exchanges, while Israel eyes Decentralized Autonomous Organizations. These moves show the varying governmental responses to the crypto industry. BRICS' Crypto Threat- With rumors of a common BRICS currency and potential expansion, the economic bloc could significantly influence the global crypto scene. Museum's Metaverse Move - The British Museum ventures into the metaverse with The Sandbox, showcasing how traditional institutions are embracing digital innovation. Crypto Overnighter Podcast (7/30/2023): Welcome back to the Crypto Overnighter with your host, Nikodemus. We provide nightly updates on cryptocurrency, NFTs, the metaverse, and the surrounding industry. Remember, this show does not offer financial advice. Email: nick@cryptoovernighter.com Salem Friends of Felines: https://sfof.org/ Twitter: https://twitter.com/CryptoCorvus1

Overnighters, Episode 624: SBF's Trouble With Tether Pierce Challenges SEC Banking Giants Rally for Regulation Lawmakers Probe Apple Japan's Crypto Tax Haven? SEC Binance Unite The TL;DL   SBF's Trouble With Tether - Former FTX chief Sam Bankman-Fried, under house arrest, stirs up speculation about his possible cooperation with DoJ on crypto-related probes. His connection to Tether's case raises intriguing questions. Peirce Challenges SEC - SEC warns accountants auditing crypto firms of potential legal liabilities. Hester Peirce, the 'Crypto Mom', opposes the warning, sparking debate about stifling crypto industry growth. Banking Giants Rally for Regulation - The Bank Policy Institute supports Senator Warren's Digital Asset Anti-Money Laundering Act. This unexpected alliance could reshape digital asset regulations, igniting industry controversy. Lawmakers Probe Apple - U.S. lawmakers scrutinize Apple's App Store guidelines for potentially stifling blockchain and NFT tech. The probe could significantly impact future crypto apps on the App Store. Japan's Crypto Tax Haven? - Japan's Blockchain Association proposes a tax law revision to make Japan more crypto-business-friendly. This shift could make Japan a major hub for crypto businesses. SEC Binance Unite - SEC and Binance unite against Eeon's intervention request in a lawsuit. This unexpected alliance shows the complexity of crypto regulations and the surprising alliances it can spawn. Crypto Overnighter Podcast (7/29/2023): Welcome back to the Crypto Overnighter with your host, Nikodemus. We provide nightly updates on cryptocurrency, NFTs, the metaverse, and the surrounding industry. Remember, this show does not offer financial advice. Email: nick@cryptoovernighter.com Salem Friends of Felines: https://sfof.org/ Twitter: https://twitter.com/CryptoCorvus1

Overnighters, Episode 622: Crypto Bills Advance Worldcoin Under Investigation Crypto.com Wins Dutch Approval Binance vs CFTC: A Crypto Battle The TL;DL   Crypto Bills Advance - The U.S. House advances two crucial crypto bills - the 'FIT for the 21st Century Act' and the stablecoin legislation, amidst controversies and debates. Worldcoin Under Investigation - The French data protection agency, CNIL, scrutinizes Worldcoin, an OpenAI-backed project, for its iris scan data collection methodology. Crypto.com Wins Dutch Approval - Crypto.com achieves a landmark victory as the Dutch central bank officially registers it as a crypto service provider, ahead of new EU laws. Binance vs. CFTC: A Crypto Battle - Binance files a motion to dismiss the lawsuit by the U.S. Commodity Futures Trading Commission (CFTC), arguing that the regulator is overstepping its jurisdiction. Crypto Overnighter Podcast (7/28/2023): Welcome back to the Crypto Overnighter with your host, Nikodemus. We provide nightly updates on cryptocurrency, NFTs, the metaverse, and the surrounding industry. Remember, this show does not offer financial advice. Email: nick@cryptoovernighter.com Salem Friends of Felines: https://sfof.org/ Twitter: https://twitter.com/CryptoCorvus1

Overnighters, Episode 622: RFK Jr. Buys Bitcoin for Kids SBF's DOJ Showdown US House Backs Crypto Bill Binance's Regulatory Rollercoaster Canada's Crypto Regulation Update SEC Slams Quantstamp The TL;DL   RFK Jr. Buys Bitcoin for Kids - Robert F. Kennedy Jr. invests in Bitcoin for his seven children and advocates for Bitcoin-backed US dollar and exemption from capital gains tax. SBF's DOJ Showdown - Former FTX CEO Sam Bankman-Fried faces legal issues with the U.S. Department of Justice over alleged leak of a private diary. US House Backs Crypto Bill - The U.S. House Financial Services Committee advances a bipartisan bill to establish a regulatory framework for cryptocurrencies. Binance's Regulatory Rollercoaster - Amidst global regulatory scrutiny, Binance withdraws from German financial regulator BaFin's licensing process but pledges to comply with EU regulations. Canada's Crypto Regulation Update - Canada's financial regulator, the OSFI, proposes stringent new guidelines for banks and insurance companies dealing with crypto assets. SEC Slams Quantstamp - Blockchain security firm Quantstamp faces SEC charges over an unauthorized ICO, leading to a settlement that includes a hefty penalty and refund to investors. Crypto Overnighter Podcast (7/27/2023): Welcome back to the Crypto Overnighter with your host, Nikodemus. We provide nightly updates on cryptocurrency, NFTs, the metaverse, and the surrounding industry. Remember, this show does not offer financial advice. Email: nick@cryptoovernighter.com Salem Friends of Felines: https://sfof.org/ Twitter: https://twitter.com/CryptoCorvus1

Overnighters, Episode 621: CBDC Alert (Nigeria, Pelau)  Namibia Embraces Crypto BRICS Bloc's Bold Move Blessings of God Scam Exposed Mashinsky Faces DOJ Heat The TL;DL   CBDC Alert (Nigeria, Palau) - Nigeria's eNaira struggles with adoption due to usability and infrastructure issues while Palau's stablecoin, the Kluk, sees early success. Namibia Embraces Crypto - Namibia passes the Virtual Assets Act 2023 to regulate crypto, signaling a shift from its 2017 decision to ban cryptocurrency exchanges. BRICS Bloc's Bold Move - The BRICS bloc plans its largest summit yet, excluding Western countries, and considers a common currency that could challenge the U.S. dollar. Blessings of God Scam Exposed - Tennessee couple defrauds over 100 people of $6 million through a cryptocurrency investment scam, highlighting the importance of due diligence. Mashinsky Faces DOJ Heat - The U.S. DOJ builds a case against Celsius' founder, Alex Mashinsky, for securities fraud, emphasizing the regulatory scrutiny faced by the crypto industry. Crypto Overnighter Podcast (7/26/2023): Welcome back to the Crypto Overnighter with your host, Nikodemus. We provide nightly updates on cryptocurrency, NFTs, the metaverse, and the surrounding industry. Remember, this show does not offer financial advice. Email: nick@cryptoovernighter.com Salem Friends of Felines: https://sfof.org/ Twitter: https://twitter.com/CryptoCorvus1

Overnighters, Episode 620: CBDC Alert (Russia)  Worldcoin Under UK Watch Wyoming's Stablecoin Move Rain Gets UAE Crypto License EU Eyes Stablecoin Issuers Ex-CFTC Chair Talks Stablecoins The TL;DL   CBDC Alert (Russia) - Putin signs digital ruble bill, launching a Central Bank Digital Currency that could potentially evade Western sanctions and control citizen spending. Worldcoin Under UK Watch - OpenAI CEO Sam Altman's project, Worldcoin, is under scrutiny by the UK's Information Commissions Office for its data processing practices. Wyoming's Stablecoin Move - Wyoming is making a significant step towards launching its own stablecoin, demonstrating state-level acceptance of digital assets amidst regulatory challenges. Rain Gets UAE Crypto License - Rain, a cryptocurrency firm, gets licensed by Abu Dhabi's financial regulator, marking a significant milestone in UAE's journey to becoming a hub for digital assets. EU Eyes Stablecoin Issuers - The European Banking Authority proposes draft rules that could increase capital requirements and centralize supervision for stablecoin issuers linked to the financial system. Ex-CFTC Chair Talks Stablecoins - Former CFTC Chairman Timothy Massad emphasizes the potential of stablecoins as a bridge between the crypto world and the real world, urging governments not to dismiss them. Crypto Overnighter Podcast (7/25/2023): Welcome back to the Crypto Overnighter with your host, Nikodemus. We provide nightly updates on cryptocurrency, NFTs, the metaverse, and the surrounding industry. Remember, this show does not offer financial advice. Email: nick@cryptoovernighter.com Salem Friends of Felines: https://sfof.org/ Twitter: https://twitter.com/CryptoCorvus1

Overnighters, Episode 619: CBDC Alert (FedNow) X Coin Rises as Twitter Rebrands Worldcoin WLD Mainnet Live SBF Agrees to be Gagged FSC Eyes Crypto Regulations The TL;DL   CBDC Alert (FedNow) - FedNow's launch sparks speculation about a potential US CBDC amid privacy concerns. X Coin Rises as Twitter Rebrands - Twitter's rebrand to "X" under Musk leads to an unexpected surge in a little-known digital asset. Worldcoin WLD Mainnet Live - Worldcoin's mainnet launch marks a significant step in biometric data use for verification but raises privacy and regulatory questions. SBF Agrees to be Gagged - SBF agrees to court-imposed "gag order", raising questions about the role of public commentary in legal proceedings. FSC Eyes Crypto Regulations - FSC reviews several legislations that could change how the digital asset ecosystem is governed. Crypto Overnighter Podcast (7/23/2023): Welcome back to the Crypto Overnighter with your host, Nikodemus. We provide nightly updates on cryptocurrency, NFTs, the metaverse, and the surrounding industry. Remember, this show does not offer financial advice. Email: nick@cryptoovernighter.com Salem Friends of Felines: https://sfof.org/ Twitter: https://twitter.com/CryptoCorvus1

Overnighters, Episode 618: El Salvador's Bond Boom Ripple Eyes UK Expansion Ellison's Diary Drama Crypto Pie Grows DxSale's $500 Bounty Scandal CBDC Alert (Nigeria)  The TL;DL   El Salvador's Bond Boom - Bitcoin adoption in El Salvador has led to a boom in the country's bonds, showcasing the intertwining of crypto and traditional financial systems. Ripple Eyes UK Expansion - Amidst legal battles, Ripple forges ahead, forming new partnerships and expanding operations, signaling resilience and strategic foresight. Ellison's Diary Drama - Leaked diaries of Alameda Research's former CEO reveal personal struggles and doubts, adding a new layer of complexity to the firm's narrative. Crypto Pie Grows - Anchorage reports an expansion in the institutional crypto pie, indicating growing interest from traditional institutions in a broader range of crypto assets. DxSale's $500 Bounty Scandal - DxSale Network's lowball bounty offer to a security firm highlights issues around security and fair compensation in the crypto industry. CBDC Alert (Nigeria) - In Nigeria, a social payments app shuts its crypto exchange as the Central Bank enhances its digital currency, reflecting the dynamic nature of the crypto space. Crypto Overnighter Podcast (7/23/2023): Welcome back to the Crypto Overnighter with your host, Nikodemus. We provide nightly updates on cryptocurrency, NFTs, the metaverse, and the surrounding industry. Remember, this show does not offer financial advice. Email: nick@cryptoovernighter.com Salem Friends of Felines: https://sfof.org/ Twitter: https://twitter.com/CryptoCorvus1

Overnighters, Episode 617: Wright's Bitcoin Claim Advances Razzlekhan's Bitfinex Hack Plea Deal DOJ Boosts Crypto Oversight SEC's Token Stance Challenged Celsius Nears Settlement ISIS Turns to Crypto The TL;DL   Wright's Bitcoin Claim Advances - Craig Wright's claim to Bitcoin copyright advances as a UK court allows him to argue that the Bitcoin file format qualifies for copyright protection. The case potentially influences Bitcoin's future use and intellectual property law. Razzlekhan's Bitfinex Hack Plea Deal - Ilya Lichtenstein and Heather Morgan, involved in the 2016 Bitfinex hack, reach a plea deal with U.S. prosecutors. However, U.S. officials may have underestimated the amount of seized crypto by $1 million. DOJ Boosts Crypto Oversight - The U.S. Department of Justice merges the National Cryptocurrency Enforcement Team into the Computer Crime and Intellectual Property Section. This move doubles the number of attorneys working on crypto matters. SEC's Token Stance Challenged - Ripple's Chief Legal Officer, Stuart Alderoty, challenges SEC Chair Gary Gensler's assertion that many cryptocurrency tokens could fall under the jurisdiction of the Securities Act. The debate could significantly impact future cryptocurrency regulation. Celsius Nears Settlement - Bankrupted crypto lender, Celsius Network, reaches two settlements potentially ending its bankruptcy proceedings. The settlements could lead to the return of assets to customers and address $78.2 billion in unsecured claims. ISIS Turns to Crypto - According to TRM Labs, terrorist groups, particularly those associated with ISIS, are increasingly using cryptocurrencies for fundraising. The decentralized nature of crypto allows these groups to operate under the radar, raising significant amounts of money. Crypto Overnighter Podcast (7/22/2023): Welcome back to the Crypto Overnighter with your host, Nikodemus. We provide nightly updates on cryptocurrency, NFTs, the metaverse, and the surrounding industry. Remember, this show does not offer financial advice. Email: nick@cryptoovernighter.com Salem Friends of Felines: https://sfof.org/ Twitter: https://twitter.com/CryptoCorvus1

Overnighters, Episode 616: FTX To Claw Back $1B Uniswap Twitter Account Hacked CBDC Alert (France) and More The TL;DL   FTX to claw back $1B - FTX sues former executives, alleging misuse of $1B in funds for luxury goods and questionable investments. Uniswap Twitter Account Hacked - Uniswap's Twitter account is hacked, with scammers posting malicious links to exploit users. House Republicans Push Crypto Bill - House Republicans propose a new crypto bill, aiming to create specific rules for digital asset trading platforms. FCA's Crypto Prudential Rules - The UK's Financial Conduct Authority plans new prudential requirements to ensure crypto firms maintain adequate capital and manage risks. Indonesia's Crypto Stock Market - Indonesia launches its digital assets stock market, marking a significant milestone in the country's crypto industry. CBDC Alert (France) - The French Central Bank tests a wholesale central bank digital currency, using cryptocurrency technology to explore improvements to cross-border payments and financial asset settlements. Crypto Overnighter Podcast (7/21/2023): Welcome back to the Crypto Overnighter with your host, Nikodemus. We provide nightly updates on cryptocurrency, NFTs, the metaverse, and the surrounding industry. Remember, this show does not offer financial advice. Email: nick@cryptoovernighter.com Salem Friends of Felines: https://sfof.org/ Twitter: https://twitter.com/CryptoCorvus1

Overnighters, Episode 615: UK Rejects Crypto-Gambling Link French vs US Crypto Regulation CBDC Alert (South Korea) and More The TL;DL   UK Rejects Crypto-Gambling Link - The UK finance ministry rejects calls to regulate crypto like gambling, aiming to foster innovation and make the UK a hub for web3 and blockchain technology. French vs US Regulation - France and the US take contrasting approaches to crypto regulation, with France embracing crypto and the US still figuring out its regulatory stance. Myanmar's Crypto Neobank Revolution - Myanmar's shadow government, the National Unity Government, launches a neobank running on blockchain technology, aiming to disrupt the traditional financial system. CBDC Alert (South Korea) - The Bank of Korea releases its 2022 Payment and Settlement Systems Report, outlining a future that includes a Central Bank Digital Currency and regulation of stablecoins. Canadian Investors Targeted - A worrying trend emerges in Canada, with home invasions targeting crypto investors. The police urge the crypto community to stay vigilant and protect their assets. Kuwait Bans Crypto - Kuwait's financial watchdog, the Capital Markets Authority, issues a sweeping ban on all things crypto, citing the need to combat money laundering and align with global recommendations. Crypto Overnighter Podcast (7/20/2023): Welcome back to the Crypto Overnighter with your host, Nikodemus. We provide nightly updates on cryptocurrency, NFTs, the metaverse, and the surrounding industry. Remember, this show does not offer financial advice. Email: nick@cryptoovernighter.com Salem Friends of Felines: https://sfof.org/ Twitter: https://twitter.com/CryptoCorvus1

Overnighters, Episode 614: RFK Jr Vows No Bitcoin Tax BTC ETF Approval Clock Started CBDC Alert (China) and More The TL;DL   RFK Jr. Vows No Bitcoin Tax - Presidential candidate RFK Jr. pledges to use Bitcoin and other assets to stabilize the U.S. dollar. He also plans to exempt Bitcoin to U.S. dollar conversions from capital gains taxes. BTC ETF Approval Clock Started - The SEC begins the countdown on deciding whether to approve six applications for Bitcoin ETFs. One of the applications is from industry heavyweight BlackRock. Lawmakers Criticize SEC's Crypto Move - Two Republican U.S. House of Representatives members criticize the SEC's approach to regulating cryptocurrency, arguing it creates confusion and drives innovation elsewhere. Societe Generale Wins French License - Forge, a subsidiary of Société Générale, becomes the first company to receive the highest access license for providing crypto services in France. Shinnan Bank's Stablecoin Pilot - Shinhan Bank completes a successful proof-of-concept project using stablecoins for international remittances, showcasing the potential of crypto in making international money transfers faster and more efficient. CBDC Alert (China)- The hype around China's Central Bank Digital Currency, the e-CNY, cools down as it faces challenges like privacy concerns, user habits, and interoperability with existing payment systems. Crypto Overnighter Podcast (7/19/2023): Welcome back to the Crypto Overnighter with your host, Nikodemus. We provide nightly updates on cryptocurrency, NFTs, the metaverse, and the surrounding industry. Remember, this show does not offer financial advice. Email: nick@cryptoovernighter.com Salem Friends of Felines: https://sfof.org/ Twitter: https://twitter.com/CryptoCorvus1

Overnighters, Episode 613: XRP For Banks? Coinbase Earn in Trouble? UK's FCA vs Crypto Memes and More The TL;DL   UK's FCA vs Crypto Memes - The UK's Financial Conduct Authority is cracking down on crypto influencers and memes, warning that non-compliant promotions could lead to legal consequences. This move signifies increased scrutiny on social media crypto promotions. Coinbase Earn in Trouble? - Coinbase is facing regulatory challenges with its staking offerings, which some states claim are securities. This issue was a focal point in the SEC's lawsuit against Coinbase, highlighting the ongoing legal battles in the crypto space. XRP for Banks? - A recent court ruling suggested that Ripple's XRP token might not be a security, potentially revolutionizing cross-border transactions. This decision has sparked interest among U.S. exchanges and could breathe new life into partnerships between Ripple and banks. The ongoing legal battle between Ripple and the SEC is moving forward, with the case being transferred to Magistrate Judge Sarah Netburn. This stage is crucial as it's the most likely portion of the proceedings for a settlement to occur. US Congress Talks Stablecoins - Senior members of the Financial Services Committee are pushing for stablecoin legislation, aiming to establish a comprehensive framework for these digital assets. This bipartisan effort could shape the future of digital assets. Gensler's Take on AI - SEC head Gary Gensler shared his thoughts on artificial intelligence, warning that monopolization by big tech companies could destabilize the global economy. He has asked the SEC staff to recommend potential regulations to address this issue. Crypto Overnighter Podcast (7/18/2023): Welcome back to the Crypto Overnighter with your host, Nikodemus. We provide nightly updates on cryptocurrency, NFTs, the metaverse, and the surrounding industry. Remember, this show does not offer financial advice. Email: nick@cryptoovernighter.com Salem Friends of Felines: https://sfof.org/ Twitter: https://twitter.com/CryptoCorvus1

Overnighters, Episode 612: SEC Reviews BTC ETF Applications Crypto Snowballs in The Phillipines EU Smart Contract Kill Switch and More The TL;DL   SEC Reviews BTC ETF Applications - The U.S. SEC has begun reviewing applications for Bitcoin ETFs from major players like Wise Origin, WisdomTree, VanEck, Invesco Galaxy, and ARK 21Shares. This move signifies a step towards mainstream acceptance of Bitcoin. Crypto Snowballs in The Philippines - The Philippines is rapidly adopting crypto and blockchain technologies, with international organizations showing interest in launching projects there. The government's supportive stance is fostering an environment for these technologies to thrive. Will the SEC Appeal? - The ongoing legal battle between Ripple and the SEC continues, with former SEC official John Reed Stark voicing concerns about a recent ruling favoring Ripple. The case has sparked debate about the need for clear regulatory frameworks in the crypto industry. FSB's Latest Game-Changer - The Financial Stability Board, a group of global regulators, is calling for stricter rules on crypto in response to allegations of misconduct against companies like FTX and Celsius, highlighting the need for safeguarding crypto clients' assets. EU Smart Contract Kill Switch - The European Union is pushing forward with its new Data Act rules, which could potentially make most smart contracts illegal. Despite industry outcry, the EU is moving ahead with these rules, posing a significant threat to the blockchain industry. NAB Blocks Crypto Exchanges - The National Australia Bank is blocking certain cryptocurrency exchanges, citing a high risk of scams. This move is part of a wider strategy to combat scams and protect customers, but it could also limit the freedom that cryptocurrencies offer. Crypto Overnighter Podcast (7/17/2023): Welcome back to the Crypto Overnighter with your host, Nikodemus. We provide nightly updates on cryptocurrency, NFTs, the metaverse, and the surrounding industry. Remember, this show does not offer financial advice. Email: nick@cryptoovernighter.com Salem Friends of Felines: https://sfof.org/ Twitter: https://twitter.com/CryptoCorvus1

Overnighters, Episode 611: Lummis, Ripple, and the Crypto Landscape  Synthetix Unveils Infinex TrueUSD Changes Owners and More The TL;DL   Lummis, Ripple, and the Crypto Landscape - Ripple's XRP token not a security, says court ruling. Senator Lummis calls for clear crypto regulations. Synthetix Unveils Infinex - Synthetix announces Infinex, a new derivatives front-end for decentralized trading, aiming to compete with centralized exchanges. ChainGPT's New DEX product - ChainGPT launches Pad, an AI-powered platform for crypto startups, aiming to revolutionize the Initial DEX Offering (IDO) landscape. BlockFi CEO Ignored Warnings - BlockFi's CEO disregarded risk management team's advice, leading to disastrous lending to Alameda Research and eventual bankruptcy. TrueUSD Changes Owners - Stablecoin TrueUSD's operations transitioning to Asian-based owners, Techteryx Ltd, raising concerns about transparency and risk. BRICS Oil Deals - BRICS and GCC nations bypass U.S. sanctions on Russia, using Chinese Yuan for oil deals, potentially challenging U.S. dollar's global dominance. Crypto Overnighter Podcast (7/16/2023): Welcome back to the Crypto Overnighter with your host, Nikodemus. We provide nightly updates on cryptocurrency, NFTs, the metaverse, and the surrounding industry. Remember, this show does not offer financial advice. Email: nick@cryptoovernighter.com Salem Friends of Felines: https://sfof.org/ Twitter: https://twitter.com/CryptoCorvus1

Overnighters, Episode 610: CBDC Alert (US) What does Ripple's Win Mean? Binance Turns 6; Lays Off 1000 and More The TL;DL   What Does Ripple's Win Mean? - Ripple's partial victory against the SEC could potentially change the landscape of the SEC's enforcement efforts in the crypto industry, providing a boost of confidence to the crypto community. Coinbase's Ripple Effect - Ripple's legal victory has sparked optimism in the crypto industry, with Coinbase and other platforms reopening trading for XRP, indicating a potential thaw in the so-called crypto winter. Binance Turns 6; Lays off 1000 - Despite recent challenges, including layoffs, Binance remains optimistic about the future of crypto, highlighting the increasing institutional adoption and the potential of decentralized finance. SEC Acknowledges BlackRock ETF Filing - BlackRock's application for a spot Bitcoin ETF has been officially recognized by the SEC, marking a significant step forward for the most closely-watched Bitcoin-related proposal to date. CBDC Alert (US) - U.S. presidential candidate Ron DeSantis has vowed to ban Central Bank Digital Currencies in the U.S. if he wins the presidency, intensifying the debate on the future of digital currencies. Celsius' Repercussions for Crypto - The recent arrest of Celsius' founder, Alex Mashinsky, has intensified the debate on crypto regulation, highlighting the need for new legislation in the rapidly evolving crypto industry. Crypto Overnighter Podcast (7/14/2023): Welcome back to the Crypto Overnighter with your host, Nikodemus. We provide nightly updates on cryptocurrency, NFTs, the metaverse, and the surrounding industry. Remember, this show does not offer financial advice. Email: nick@cryptoovernighter.com Salem Friends of Felines: https://sfof.org/ Twitter: https://twitter.com/CryptoCorvus1

Overnighters, Episode 609: Ripple Decision Impact Coinbase Staking Program Multichain CEO Arrested, $130M Missing and More The TL;DL   Ripple Decision Impact - The U.S. district court ruled that Ripple's XRP token is not a security when sold via an exchange or through programmatic sales, a decision that could significantly impact the regulatory landscape for digital assets. Coinbase Staking Program - Amidst ongoing debates about cryptocurrency regulation, Coinbase's legal case against the SEC has been bolstered by a court ruling that favored Ripple, potentially undermining the SEC's stance on securities trading on crypto exchanges. Congressman Calls for SEC Investigation - Congressman Ritchie Torres has called for investigations into the SEC's approach to digital assets and its decision to grant a special purpose broker-dealer license to Prometheum, a move that could bring more transparency and accountability to the regulation of digital assets. Circle CEO Cries Doom - Circle CEO Jeremy Allaire has expressed concerns about the U.S. dollar's position as a global reserve currency and the need for swift action to regulate stablecoins, emphasizing the urgency to protect the dollar's prominence in global trade. Mashinksy on $40M Bail - Alex Mashinsky, the founder of Celsius, was arrested and charged with misleading customers, a development that serves as a stark reminder of the risks involved in the crypto industry and the importance of due diligence. Multichain CEO Arrested, $130M Missing - The arrest of Multichain's CEO and the unauthorized withdrawals of over $130 million highlight the importance of robust security measures in the management of digital assets and the potential vulnerabilities in the crypto system. Crypto Overnighter Podcast (7/14/2023): Welcome back to the Crypto Overnighter with your host, Nikodemus. We provide nightly updates on cryptocurrency, NFTs, the metaverse, and the surrounding industry. Remember, this show does not offer financial advice. Email: nick@cryptoovernighter.com Salem Friends of Felines: https://sfof.org/ Twitter: https://twitter.com/CryptoCorvus1

Overnighters, Episode 608: Victory for Ripple Mashinsky Arrested EU: No Crypto is Safe and More The TL;DL   Victory for Ripple-Ripple scores a victory in its legal battle with the SEC, leading to a surge in XRP's price and a win for crypto innovation in the U.S. Mashinsky Arrested-Alex Mashinsky, co-founder of the now-bankrupt crypto lender Celsius, faces multiple charges, highlighting the risks in the crypto industry. Crypto Industry Challenges SEC-The Blockchain Association calls for an investigation into the SEC's approval of a broker dealer license for Prometheum, underscoring ongoing regulatory tensions. Watchdogs Oppose Crypto Bill-A proposed draft bill on the U.S. crypto market structure faces opposition from industry watchdogs, impacting the future of U.S. crypto regulation. EU: No Crypto is Safe-The ESMA issues a stern warning to the crypto industry and releases its first proposals under the MiCA regulations, signifying increased regulatory scrutiny. Safety First in UK Metaverse-The UK government's new Online Safety Bill aims to protect children in the metaverse, marking a significant step towards online safety in the digital landscape. Crypto Overnighter Podcast (7/13/2023): Welcome back to the Crypto Overnighter with your host, Nikodemus. We provide nightly updates on cryptocurrency, NFTs, the metaverse, and the surrounding industry. Remember, this show does not offer financial advice. Email: nick@cryptoovernighter.com Salem Friends of Felines: https://sfof.org/ Twitter: https://twitter.com/CryptoCorvus1

Overnighters, Episode 607: US GAO Explores Blockchain Russian Parliament Passes Digital Ruble Stablecoin vs Digital Rupee and More The TL;DL   Lummis and Gillibrand's Next Move - U.S. Senators propose a game-changing crypto oversight bill, aiming to redefine securities and empower the CFTC. EU's Crypto Proposals - The ESMA issues detailed crypto proposals under the MiCA law, setting standards for user complaints and conflict management. Senators Seek Industry Guidance - U.S. Senate Finance Committee seeks crypto industry's help to understand and tackle tax issues related to digital assets. CBDC Alert (India) - Reserve Bank of India's Deputy Governor voices concerns over stablecoins, fearing they could threaten policy sovereignty. CBDC Alert (Russia) - Russia's digital ruble project advances as the State Duma passes the bill, moving it closer to becoming a reality. US GAO Explores Blockchain - The U.S. Government Accountability Office investigates blockchain's potential to improve oversight of Small Business Administration programs. Crypto Overnighter Podcast (7/12/2023): Welcome back to the Crypto Overnighter with your host, Nikodemus. We provide nightly updates on cryptocurrency, NFTs, the metaverse, and the surrounding industry. Remember, this show does not offer financial advice. Email: nick@cryptoovernighter.com Salem Friends of Felines: https://sfof.org/ Twitter: https://twitter.com/CryptoCorvus1

Overnighters, Episode 606: CBDC Alert (Brazil) Allaire: Stablecoins Better for China Promethium Under Fire and More The TL;DL   Grayscale Argues Against SEC ETF Decision - Grayscale is disputing the SEC's rejection of its application to convert its Bitcoin Trust into a spot bitcoin ETF, arguing the SEC's approval of a riskier leveraged bitcoin ETF is inconsistent. UK Targets Crypto ATMs - The UK is cracking down on crypto ATMs to protect scam victims, while the Treasury explores a five-year trial for digital securities, aiming to balance innovation and regulation. Dubai Suspends BitOasis's License - Dubai's Virtual Assets Regulatory Authority has suspended BitOasis's license due to unmet conditions, highlighting the regulatory challenges faced by crypto exchanges. CBDC Alert (Brazil)- A developer has reverse-engineered the source code of Brazil's pilot CBDC, revealing functions that could allow a central authority to freeze funds or reduce balances. Allaire: Stablecoins Better for China - Circle's CEO, Jeremy Allaire, suggests China should consider adopting stablecoins backed by the Chinese Yuan to internationalize its currency, despite potential government resistance. Promethium Under Fire - Prometheum, a special-purpose broker, is under scrutiny from U.S. lawmakers who allege the company may have provided false testimony to Congress or violated U.S. securities laws. Crypto Overnighter Podcast (7/11/2023): Welcome back to the Crypto Overnighter with your host, Nikodemus. We provide nightly updates on cryptocurrency, NFTs, the metaverse, and the surrounding industry. Remember, this show does not offer financial advice. Email: nick@cryptoovernighter.com Salem Friends of Felines: https://sfof.org/ Twitter: https://twitter.com/CryptoCorvus1

Overnighters, Episode 605: 15 Retail CBDCs by 2023 Terra Co-Founder in Legal Trouble Bitcoin Whales Swim Against the Current and More The TL;DL   Bitcoin Whales Swim Against the Current - Despite Bitcoin's flat trading, big players, known as Bitcoin whales, have been buying up significant amounts. This activity, driven by optimism from recent developments, suggests confidence in Bitcoin's future. Terra Co-Founder in Legal Trouble - Terra co-founder Daniel Shin is facing legal issues related to the failed Terra-Luna cryptocurrency project. Accused of fraud and other charges, Shin's trial could have significant implications for the crypto industry. 15 Retail CBDCs by 2023 - A survey by the Bank for International Settlements predicts that by the end of the decade, we could see around 15 retail Central Bank Digital Currencies in circulation, indicating a shift towards digital fiat currencies. MiCA's Effect on Private Stablecoins - The EU's MiCA legislation, which includes a daily transaction cap for private stablecoins, has stirred controversy. Critics argue it could stifle the use of large stablecoins and call for a more inclusive regulatory framework. Coinbase Stock Soars Despite SEC - Despite facing a lawsuit from the SEC, Coinbase's stock has been on a steady climb. This growth, amidst legal battles, highlights the volatile and unpredictable nature of the crypto market. Crypto Scammers on Threads - With the rise of Meta's new microblogging app, Threads, users need to be vigilant against potential scammers. High-profile Crypto Twitter users have already raised alarms about impersonators on the platform. Crypto Overnighter Podcast (7/10/2023): Welcome back to the Crypto Overnighter with your host, Nikodemus. We provide nightly updates on cryptocurrency, NFTs, the metaverse, and the surrounding industry. Remember, this show does not offer financial advice. Email: nick@cryptoovernighter.com Salem Friends of Felines: https://sfof.org/ Twitter: https://twitter.com/CryptoCorvus1

Overnighters, Episode 604: CBDC Alert (UK, Russia, Zimbabwe) MicroStrategy CRO Steps Down Scammers Target Multichain Victims and More The TL;DL   CBDC Alert (UK, Russia, Zimbabwe) - Ripple eyes London's fintech scene, Russia plans a digital ruble by 2025, and Zimbabwe trials a gold-backed digital currency. BlackRock's Bitcoin ETF Stirs US Market - BlackRock's Bitcoin ETF filing sparks a surge in U.S. Bitcoin activity, signaling potential growth and stability. Solana's AI: Simplifying NFT Market Entry - Solana Labs develops AI tools to help newcomers navigate the NFT market, aiming to make it more accessible and user-friendly. Gutter Cat Gang SIM Swap Attack - The Gutter Cat Gang falls victim to a SIM swap attack, raising questions about online security measures in the crypto space. MicroStrategy CRO Steps Down - MicroStrategy's Chief Revenue Officer, Kevin Adkisson, steps down amidst the company's significant Bitcoin investments. Scammers Target Multichain Victims - Tether and Circle freeze over $65 million in assets linked to a suspected exploit of the Multichain protocol, highlighting the risk of scams. Crypto Overnighter Podcast (7/9/2023): Welcome back to the Crypto Overnighter with your host, Nikodemus. We provide nightly updates on cryptocurrency, NFTs, the metaverse, and the surrounding industry. Remember, this show does not offer financial advice. Email: nick@cryptoovernighter.com Salem Friends of Felines: https://sfof.org/ Twitter: https://twitter.com/CryptoCorvus1

Overnighters, Episode 603: Binance CEO Dismisses FUD Gemini Sues DCG CBDC Alert (Global) and More The TL;DL   Binance CEO Dismisses FUD - Amidst high-profile departures and regulatory pressures, Binance's CEO CZ dismisses concerns as FUD, maintaining an optimistic outlook. SEC: Coinbase Ignored Securities Laws - The SEC accuses Coinbase of knowingly violating federal securities laws, alleging it operated as an unregistered broker and listed unregistered cryptocurrencies. Bitfinex Funds Returned - Bitfinex announces the return of a portion of funds stolen in a 2016 hack by the US Department of Homeland Security, marking a significant step towards resolution. Gemini Sues DCG & Silbert - Gemini files a lawsuit against Digital Currency Group and its founder, Barry Silbert, alleging fraud through their subsidiary, Genesis. CBDC Alert (Global) - The Bank of International Settlements develops a framework to protect central bank digital currencies from cyber threats, particularly from the DeFi sector. ZachXBT Cited in Canada - The Boneheads NFT team faces a class-action lawsuit in Canada over a $3.1 million rug pull, with blockchain investigator ZachXBT's work instrumental in the case. Crypto Overnighter Podcast (7/8/2023): Welcome back to the Crypto Overnighter with your host, Nikodemus. We provide nightly updates on cryptocurrency, NFTs, the metaverse, and the surrounding industry. Remember, this show does not offer financial advice. Email: nick@cryptoovernighter.com Salem Friends of Felines: https://sfof.org/ Twitter: https://twitter.com/CryptoCorvus1

Overnighters, Episode 602: Hayes on Bitcoin and AI The Lair of the Kraken Searched SEC Investigation Hits BarnBridge DAO and More The TL;DL   Hayes on Bitcoin and AI - Former Bitmex CEO Arthur Hayes predicts Bitcoin's potential as the ideal currency for an AI-driven future, potentially leading to a surge in Bitcoin's value. CBDC Alert (US) - Financial giants like Citigroup, HSBC, and BNY Mellon are testing a "regulated liability network" for conducting wholesale payments using shared ledgers. Binance Departs Holland - Binance, the world's largest cryptocurrency exchange, ceases operations in the Netherlands after failing to secure recognition as a virtual asset provider. SEC Investigation Hits BarnBridge DAO - The decentralized finance (DeFi) protocol BarnBridge is under investigation by the U.S. Securities and Exchange Commission, leading to a slump in its BOND tokens. The Lair of the Kraken Searched - Jesse Powell, co-founder of the crypto exchange Kraken, is under investigation over allegations of hacking and cyberstalking a non-profit organization he founded. Canada Explains Staking Stance - The Canadian Securities Administrators release guidelines for fund managers dealing with crypto assets, including their stance on crypto staking. Crypto Overnighter Podcast (7/7/2023): Welcome back to the Crypto Overnighter with your host, Nikodemus. We provide nightly updates on cryptocurrency, NFTs, the metaverse, and the surrounding industry. Remember, this show does not offer financial advice. Email: nick@cryptoovernighter.com Salem Friends of Felines: https://sfof.org/ Twitter: https://twitter.com/CryptoCorvus1

Overnighters, Episode 601: FTX, 3AC Contest BlockFi Strategy Bittrex's Path to Bankruptcy Twitter: The State of Social Crypto Media and More The TL;DL   FTX, 3AC Contest BlockFi Strategy-The cryptocurrency lender BlockFi faces opposition from FTX, Three Arrows Capital, and the SEC over its proposed bankruptcy plans. The dispute involves transactions amounting to over a billion dollars, with implications for the broader crypto industry. Bittrex's Path to Bankruptcy-Bittrex, a cryptocurrency exchange, was accused of breaking several Florida laws before declaring bankruptcy. The case underscores the tension between crypto platforms and regulatory bodies, and raises questions about the future of cryptocurrency exchanges in the U.S. EU's Metaverse Strategy-The European Commission is developing a strategy for the metaverse, addressing policy issues such as property rights, technological standards, and privacy. The strategy is expected to have implications for the cryptocurrency sector, as blockchain and cryptocurrencies are likely to be key technologies underpinning the metaverse. Twitter: The State of Social Crypto Media-Twitter has gained regulatory approval to function as a money transmitter, paving the way for expansion into payments and other financial services. Meanwhile, Bluesky, a decentralized alternative to Twitter, has raised $8 million in a seed round and is introducing paid services. Israel's Crypto Tax Cuts-Israel is making significant changes to its tax laws, offering tax cuts for cryptocurrency transactions. This move is expected to encourage crypto investments and innovation within the country, making it a more attractive hub for crypto enthusiasts and businesses. IMF Tax Plan for Crypto-The International Monetary Fund is proposing a new tax plan for cryptocurrencies. The plan aims to regulate the rapidly growing crypto market and ensure fair taxation, but its implications for global crypto investors and businesses are yet to be fully understood. Crypto Overnighter Podcast (7/6/2023): Welcome back to the Crypto Overnighter with your host, Nikodemus. We provide nightly updates on cryptocurrency, NFTs, the metaverse, and the surrounding industry. Remember, this show does not offer financial advice. Email: nick@cryptoovernighter.com Salem Friends of Felines: https://sfof.org/ Twitter: https://twitter.com/CryptoCorvus1

Overnighters, Episode 600: Binance Australia Offices Searched CBDC Alert (Singapore) Scams Dipped in 2023 and More The TL;DL   Binance Australia Offices Searched - Binance faces regulatory scrutiny in Australia and globally, with ASIC searching its Australian offices. Amid legal challenges, Binance continues to operate, recently listing PENDLE in its Innovation Zone. CBDC Alert (Singapore) - DBS Bank in Singapore launches a service for businesses to receive payments in e-CNY, the digital version of the Chinese yuan. This move simplifies the payment process and paves the way for the future of digital payments. UK Lords Pass Seize and Freeze - The UK takes a significant step towards regulating cryptocurrencies with the Economic Crime and Corporate Transparency Bill. The bill aims to help law enforcement agencies seize and freeze cryptocurrencies used for criminal activities. Saxo Bank to Shed Crypto - Denmark's financial regulator has instructed Saxo Bank to divest from its cryptocurrency holdings. This directive highlights the ongoing regulatory challenges that financial institutions face when dealing with cryptocurrencies. France's Crypto-Friendly Regulations - France's financial market regulator, the AMF, publishes a paper aiming to define decentralized finance (DeFi) and provide an overview of the sector. This move signals a welcoming approach to the crypto industry. Scams Dipped in 2023 - The first half of 2023 saw a significant decrease in losses from scams and hacks in the cryptocurrency world. Despite the decrease, the industry continues to improve its security measures to prevent future attacks. Crypto Overnighter Podcast (7/5/2023): Welcome back to the Crypto Overnighter with your host, Nikodemus. We provide nightly updates on cryptocurrency, NFTs, the metaverse, and the surrounding industry. Remember, this show does not offer financial advice. Email: nick@cryptoovernighter.com Salem Friends of Felines: https://sfof.org/ Twitter: https://twitter.com/CryptoCorvus1

Overnighters, Episode 599: Bieber's $1.2M NFT Loss BlackRock Refiles for Bitcoin ETF HK Urged to Launch Stablecoin and More The TL;DL   Bieber's $1.2M NFT Loss - Pop icon Justin Bieber faces a significant loss after the value of his Bored Ape Yacht Club NFT plummeted, leading to speculations about the nature of his investment. BRC-69: New Ordinal Standard - The Bitcoin Ordinals world welcomes a new standard, BRC-69, introduced by Luminex. This innovation simplifies the creation of recursive ordinals and reduces inscription costs. BlackRock Refiles for Bitcoin ETF - Investment giant BlackRock refiles for a Bitcoin ETF with Nasdaq, a move that could potentially change the landscape of Bitcoin ETFs and address SEC's concerns. Winklevoss Shares “Final Offer” - Gemini co-founder Cameron Winklevoss makes a final offer in the ongoing Genesis debt-restructuring talks, potentially ending months of negotiations. HK Urged to Launch Stablecoin - Experts urge the Hong Kong government to issue its own stablecoin, HKDG, to compete with existing stablecoins like USDT and USDC, and strengthen Hong Kong's fintech capabilities. CBDC Alert(UK, China) - The UK prioritizes privacy for a potential Digital Pound while China tests its own digital currency, the Digital Currency Electronic Payment (DCEP), in the city of Jinan. Crypto Overnighter Podcast (7/4/2023): Welcome back to the Crypto Overnighter with your host, Nikodemus. We provide nightly updates on cryptocurrency, NFTs, the metaverse, and the surrounding industry. Remember, this show does not offer financial advice. Email: nick@cryptoovernighter.com Salem Friends of Felines: https://sfof.org/ Twitter: https://twitter.com/CryptoCorvus1

Overnighters, Episode 598: Singapore Tightens Crypto Regs Thailand Bans Crypto Lending Belarus to Ban Peer-to-Peer Crypto and More The TL;DL   Bernstein: U.S. SEC Likely to Approve Spot Bitcoin ETF - The U.S. SEC is likely to approve a spot Bitcoin ETF, despite concerns over spot exchanges' regulation, according to brokerage firm Bernstein. Belarus to Ban Peer-to-Peer Crypto - Belarus plans to ban P2P crypto transactions to curb fraudulent activities, allowing transactions only through exchanges based in the Belarus Hi-Tech Park. Singapore Tightens Crypto Regs - The Monetary Authority of Singapore is imposing new regulations on crypto service providers, including a requirement to deposit customer assets in a separate trust. China Appoints Bitcoin Skeptic - China has appointed Bitcoin skeptic Pan Gongsheng as a senior Communist Party official at its central bank, indicating a continued strict stance on cryptocurrencies. Thailand Bans Crypto Lending - Thailand has banned crypto exchanges from offering lending services, joining Singapore in prioritizing investor protection in the crypto space. Hut 8's Massive Relocation - Bitcoin mining company Hut 8 is relocating 6,400 mining rigs from Canada to Texas due to increased demand for artificial intelligence and high-performance computing. Crypto Overnighter Podcast (7/3/2023): Welcome back to the Crypto Overnighter with your host, Nikodemus. We provide nightly updates on cryptocurrency, NFTs, the metaverse, and the surrounding industry. Remember, this show does not offer financial advice. Email: nick@cryptoovernighter.com Salem Friends of Felines: https://sfof.org/ Twitter: https://twitter.com/CryptoCorvus1

Overnighters, Episode 597: Bitcoin Spot ETF Updates CBDC Alert(Global) HK”s Web3 Task Force and More The TL;DL   Bitcoin Spot ETF Updates - Major financial entities are refiling their applications for Bitcoin Spot ETFs, with Coinbase named as the market for surveillance-sharing agreements. The SEC's approval is still pending, and the outcome of this race remains uncertain. Gensler's Resignation Rumors - The cryptocurrency community is abuzz with rumors surrounding the potential resignation of SEC Chair Gary Gensler. Despite the speculation, Gensler's departure seems unlikely as his tenure continues to be marked by a push for robust crypto regulations. Russian Crypto Concerns - In Russia, converting Bitcoin into fiat currency is now considered a potential form of money laundering. Additionally, pro-Russian crypto donations for military groups have surged, highlighting the increasing role of cryptocurrencies in global conflicts. HK's Web3 Task Force - Hong Kong has established a task force dedicated to promoting Web3 development. This move signifies Hong Kong's commitment to staying at the forefront of technological advancements and its aspiration to become a Web3 hub. Poly Network's Worthless Hack - The Poly Network was recently exploited by attackers who manipulated the system to issue billions of tokens that didn't exist. Despite the magnitude of the hack, the attacker was only able to convert a small portion of these tokens, underscoring the need for robust security measures in the crypto industry. CBDC Alert(Global) - There is a global surge in the exploration of central bank digital currencies (CBDCs), with 130 countries currently investigating this new form of currency. Despite skepticism in various countries, the potential benefits of CBDCs cannot be overlooked, but concerns about privacy and potential misuse persist. Crypto Overnighter Podcast (7/2/2023): Welcome back to the Crypto Overnighter with your host, Nikodemus. We provide nightly updates on cryptocurrency, NFTs, the metaverse, and the surrounding industry. Remember, this show does not offer financial advice. Email: nick@cryptoovernighter.com Salem Friends of Felines: https://sfof.org/ Twitter: https://twitter.com/CryptoCorvus1

Overnighters, Episode 596: Kraken Ordered to Turn Over Customer Info Bitcoin Depot to Go Public Revolut to Delist ADA, MATIC, SOL and More The TL;DL   Kraken Ordered to Turn Over Customer Info - A federal court orders Kraken to provide the IRS with account and transaction details. This is part of a broader U.S. crackdown on cryptocurrency, aiming to identify accounts with significant annual crypto trading. Bitcoin Depot to Go Public - Bitcoin Depot, a leading cryptocurrency ATM firm in the U.S., finalizes a merger deal allowing it to go public. Despite regulatory scrutiny, this merger signals a future where digital currencies integrate into mainstream finance. Revolut to Delist ADA, MATIC, SOL - Revolut suspends the purchase of Cardano, Polygon, and Solana for its U.S. customers due to ongoing changes in cryptocurrency regulations. Users can still hold and sell these tokens until mid-September. SK's Delio under Investigation - Delio, a leading crypto lending firm in South Korea, is under investigation for allegations of fraud, embezzlement, and breach of trust. This story underscores the importance of trust and transparency in the crypto industry. ENS L2 Expansion - The Ethereum Name Service announces plans for expanding to Layer 2 to improve scalability and reduce costs. This move aims to make domain name registrations and transactions more accessible to a broader user base. L2 Base Preps for Mainnet Launch - Base, a Layer 2 network developed by Coinbase, is preparing for its mainnet launch. This development highlights ongoing efforts to enhance the security and scalability of blockchain networks. Crypto Overnighter Podcast (7/1/2023): Welcome back to the Crypto Overnighter with your host, Nikodemus. We provide nightly updates on cryptocurrency, NFTs, the metaverse, and the surrounding industry. Remember, this show does not offer financial advice. Email: nick@cryptoovernighter.com Salem Friends of Felines: https://sfof.org/ Twitter: https://twitter.com/CryptoCorvus1 Patreon: https://www.patreon.com/user?u=67416221

Overnighters, Episode 595: Bitcoin ETF Filings Fall Short Royal Approval for Crypto Law SEC vs Coinbase Date Set and More The TL;DL   SEC vs Coinbase Date Set - The SEC and Coinbase are set for a court hearing on July 13, earlier than expected due to Coinbase's unique defense strategy. The outcome could redefine the SEC's jurisdiction over cryptocurrencies. Bitcoin ETF Filings Fall Short - The SEC has expressed dissatisfaction with recent Bitcoin ETF filings, leading to a significant drop in Bitcoin's price. Despite this, the race for a spot Bitcoin ETF continues with major players still in the game. Royal Approval for Crypto Law - The UK's Financial Services and Markets Bill has received royal approval, bringing cryptocurrencies and stablecoins under regulatory oversight. This marks a significant step forward for the UK's crypto industry. SK's New Crypto Bill - South Korea has introduced a new crypto bill aimed at regulating the cryptocurrency market and protecting investors from unfair trading practices. The legislation sets penalties for illicit trading activities. NZ Approach to Crypto Markets - The Reserve Bank of New Zealand has decided not to propose any regulatory measures for cryptocurrencies and stablecoins. Instead, the bank is advocating for increased vigilance in the sector and exploring a central bank digital currency. Celsius to Convert Altcoins - Cryptocurrency lending platform Celsius has been given approval to liquidate its altcoins to distribute assets to its creditors. This move highlights the volatile nature of the crypto industry and the importance of regulatory oversight. Crypto Overnighter Podcast (6/30/2023): Welcome back to the Crypto Overnighter with your host, Nikodemus. We provide nightly updates on cryptocurrency, NFTs, the metaverse, and the surrounding industry. Remember, this show does not offer financial advice. Email: nick@cryptoovernighter.com Salem Friends of Felines: https://sfof.org/ Twitter: https://twitter.com/CryptoCorvus1 Patreon: https://www.patreon.com/user?u=67416221

Overnighters, Episode 594: Coinbase Files for Dismissal  CBDC Alert(EU) Binance Woes Continue and More The TL;DL   Coinbase Files for Dismissal - Coinbase is challenging the SEC's lawsuit, asserting that the SEC's application of securities regulations deviates from established legal frameworks. The exchange remains determined to contest the lawsuit. CBDC Alert(EU) - The European Union's central bank is considering further steps towards the creation of a digital euro later this year. However, widespread adoption of a digital euro is not expected in the near term. Slovakia Eases Crypto Tax Burden - Slovakia's lawmakers have voted in favor of a law designed to reduce taxes on the sale of digital currencies. The bill aims to ease the tax burden associated with the sale of virtual currencies, facilitating their everyday use. Binance Woes Continue - Binance, a leading cryptocurrency exchange, has been hit with a series of regulatory challenges. Despite these setbacks, Binance is committed to working with regulators globally and aligning its operations with the European Union's forthcoming cryptocurrency regulation. Canada Eyes Blockchain Strategy - A group of lawmakers in Canada is urging the government to establish a national strategy for blockchain. This strategy would clarify the country's regulatory stance and show its support for the industry. Crypto Overnighter Podcast (6/29/2023): Welcome back to the Crypto Overnighter with your host, Nikodemus. We provide nightly updates on cryptocurrency, NFTs, the metaverse, and the surrounding industry. Remember, this show does not offer financial advice. Email: nick@cryptoovernighter.com Salem Friends of Felines: https://sfof.org/ Twitter: https://twitter.com/CryptoCorvus1 Patreon: https://www.patreon.com/user?u=67416221

Overnighters, Episode 593: Prime Trust in Receivership KuCoin to Introduce KYC for All EDX Exchange to Custody with Anchorage and More The TL;DL   Prime Trust in Receivership - The Nevada Financial Institutions Division has filed to take control of crypto custodian Prime Trust, alleging insolvency. The company reportedly owes clients over $85 million in fiat and $69.5 million in crypto. KuCoin to Introduce KYC for All - KuCoin, a major cryptocurrency exchange, is implementing mandatory know-your-customer (KYC) procedures for all users from July 15, 2023. This move aims to enhance regulatory compliance. Australia's Crypto De-Banking Crisis - The Australian government is addressing the issue of de-banking, where banks sever ties with cryptocurrency platforms. The government supports measures to improve transparency and fairness in relation to de-banking. EU's Smart Contract Kill Switch - The European Union's new Data Act has raised concerns within the Web3 community due to its provisions on smart contracts. The Act includes requirements for safe termination and interruption of smart contracts. EDX Exchange to Custody with Anchorage - EDX, a new cryptocurrency exchange, is switching custody providers from Paxos Trust to Anchorage Digital. This noncustodial model aims to eliminate conflicts of interest and align with stricter custody rules. Israel Seizes Iranian and Terrorist Funds - The Israeli government, with the help of Chainalysis, has confiscated $1.7 million in cryptocurrency from wallets associated with the Iranian military and the Hezbollah militant group. Crypto Overnighter Podcast (6/28/2023): Welcome back to the Crypto Overnighter with your host, Nikodemus. We provide nightly updates on cryptocurrency, NFTs, the metaverse, and the surrounding industry. Remember, this show does not offer financial advice. Email: nick@cryptoovernighter.com Salem Friends of Felines: https://sfof.org/ Twitter: https://twitter.com/CryptoCorvus1 Patreon: https://www.patreon.com/user?u=67416221

Overnighters, Episode 592: EU Digital Asset Regs Waters Queries Yellen, Gensler CBDC Alert(Switzerland, Singapore, UK) and More Collect the Cover:  https://awrd.gg/5759 The TL;DL   CBDC Alert(Switzerland) - The Swiss National Bank (SNB) has announced plans to launch a wholesale central bank digital currency (CBDC) on the nation's digital exchange, SIX. The pilot project, which is set to kick off soon, will involve "real money equivalent to bank reserves" and will be used to test actual transactions with market participants. CBDC Alert(Singapore) - The Monetary Authority of Singapore (MAS) has proposed a framework for the development of open, interoperable networks for tokenized digital assets. Known as Project Guardian, the initiative involves 11 institutions testing asset tokenization across various financial asset classes. CBDC Alert(UK) - The Bank of England (BoE) is making significant progress in its development of a central bank digital currency (CBDC), colloquially known as Britcoin. The technology underpinning this digital currency might not be blockchain, as one might expect, and the BoE is considering testing various ledger technologies. EU's Digital Assets Regulations - The European Union (EU) has secured a political agreement on new bank-capital legislation that includes cryptoassets. The new rules aim to prevent cryptocurrencies without backing from infiltrating the conventional financial system. Binance Withdraws from Austria - Binance, a major player in the cryptocurrency exchange market, has withdrawn its license application in Austria under the pressure of the local regulator. This follows similar exits from the Netherlands, Cyprus, and the U.K. Waters Queries Yellen and Gensler - Maxine Waters, the Chair of the House Financial Services Committee, has reached out to key regulators to facilitate the passage of a crypto-focused bill. The bill aims to provide a clear path for U.S.-based digital asset exchanges to register with the U.S. Securities and Exchange Commission (SEC). Crypto Overnighter Podcast (6/27/2023): Welcome back to the Crypto Overnighter with your host, Nikodemus. We provide nightly updates on cryptocurrency, NFTs, the metaverse, and the surrounding industry. Remember, this show does not offer financial advice. Email: nick@cryptoovernighter.com Salem Friends of Felines: https://sfof.org/ Twitter: https://twitter.com/CryptoCorvus1 Patreon: https://www.patreon.com/user?u=67416221

Overnighters, Episode 591: ByBit Licensed in Cyprus Binance Eyes UAE HSBC ETFs in Hong Kong and More Collect the Cover:  https://awrd.gg/5746 The TL;DL   Bybit Licensed in Cyprus - Bybit, a Dubai-based cryptocurrency exchange, has obtained a license for custody and crypto exchange services in Cyprus, demonstrating its commitment to regulatory compliance and global expansion. Binance Eyes UAE - Binance, a well-known cryptocurrency exchange, has made significant decisions affecting its operations in Europe and the UAE. In Europe, it reversed its decision to delist several privacy coins, while in the UAE, it is looking to expand its operations. Japan Eases Crypto Tax Burden - The Japanese National Tax Agency has made a significant change to its corporate tax guidelines. Token issuers in the country will no longer be required to pay corporate taxes on unrealized gains from cryptocurrency. Australia's Proposed Misinformation Bill - Australia is considering a draft bill that threatens tech and social media giants with substantial fines if they fail to remove misinformation from their platforms. This comes as Simon Callaghan, the new CEO of Blockchain Australia, urges the government to follow the example of the UK, Hong Kong, and Singapore in terms of crypto regulation. HSBC ETFs in Hong Kong - HSBC, the largest bank in Hong Kong, has introduced services allowing its customers to trade in Bitcoin and Ether exchange-traded funds (ETFs), increasing local users' exposure to cryptocurrencies. FCA Chief Resigns - Binu Paul, the head of digital assets for the UK's main financial regulator, has resigned less than a year after taking up his post, at a time when the UK is striving to become a global hub for Web3. Crypto Overnighter Podcast (6/26/2023): Welcome back to the Crypto Overnighter with your host, Nikodemus. We provide nightly updates on cryptocurrency, NFTs, the metaverse, and the surrounding industry. Remember, this show does not offer financial advice. Email: nick@cryptoovernighter.com Salem Friends of Felines: https://sfof.org/ Twitter: https://twitter.com/CryptoCorvus1 Patreon: https://www.patreon.com/user?u=67416221

Overnighters, Episode 590: Google AI Fights Money Laundering  Coinbase's SCOTUS Win  Trader Shorts TUSD for $4M and More Collect the Cover:  https://awrd.gg/5737 The TL;DL   Google AI Fights Money Laundering - Google Cloud launches Anti Money Laundering AI service, aiming to enhance detection of money laundering activities and reduce false positives. Coinbase's SCOTUS Win - US Supreme Court allows Coinbase to pause customer lawsuits, enabling the crypto exchange to focus on appeals and potentially setting a legal precedent. Celsius Accuses Wintermute of Wash-Trading - Celsius Network's creditors accuse Wintermute of assisting in wash trading, a practice that falsely inflates trading volumes. MetaBirkin Shut Down by Hermes - French luxury fashion house Hermès wins legal battle against MetaBirkin creator Mason Rothschild, halting all sales of MetaBirkin NFTs. Trader Shorts TUSD for $4M - A savvy trader leverages Aave's v2 lending platform to short TUSD for $4M, capitalizing on TrustToken's decision to halt minting and redemption of TUSD. FTX Claim used as Collateral - A creditor of the bankrupt cryptocurrency exchange FTX uses a claim as collateral for a loan in the DeFi protocol Arcade, marking a first in on-chain loans. Crypto Overnighter Podcast (6/25/2023): Welcome back to the Crypto Overnighter with your host, Nikodemus. We provide nightly updates on cryptocurrency, NFTs, the metaverse, and the surrounding industry. Remember, this show does not offer financial advice. Email: nick@cryptoovernighter.com Salem Friends of Felines: https://sfof.org/ Twitter: https://twitter.com/CryptoCorvus1 Patreon: https://www.patreon.com/user?u=67416221

Overnighters, Episode 589: Volatility Bitcoin ETF Launches Tuesday Belgium Boots Binance Etherscan's AI Code Reader and More Collect the Cover:  awrd.gg/5725 The TL;DL   Volatility Bitcoin ETF Launches Tuesday - The first leveraged Bitcoin futures exchange-traded fund (ETF) in the United States is set to launch on Tuesday. This comes after the U.S. Securities and Exchange Commission (SEC) did not reject the application from Volatility Shares Companies for the 2x Bitcoin Strategy ETF, indicating a growing interest in Bitcoin-focused ETFs. Valkyrie Files for Spot BTC ETF - Valkyrie Funds, known for its Bitcoin Strategy ETF and Bitcoin Miners ETF, has filed with the U.S. Securities and Exchange Commission (SEC) to launch a new Bitcoin ETF. The new ETF, dubbed the Valkyrie Bitcoin Fund, will hold Bitcoin and aims to reflect the performance of the CME CF Bitcoin Reference Rate, New York Variant. Belgium Boots Binance - Belgium's top financial regulator, the Financial Services and Markets Authority (FSMA), has ordered Binance, the world's largest cryptocurrency exchange, to immediately stop serving local customers. This action was deemed a violation of a prohibition, adding to the regulatory scrutiny Binance is currently under. One Banker's View of Crypto - Fabio Panetta, a key figure in the European Central Bank (ECB), has expressed his concerns about the future of cryptocurrencies. He believes that the inherent volatility and certain features of blockchain technology render digital assets as nothing more than a tool for gambling. Hong Kong's Post FTX Regulations - Following the bankruptcy of the FTX crypto exchange, Julia Leung Fung-yee, the CEO of Hong Kong's Securities and Futures Commission (SFC), stressed the importance of incorporating virtual assets into the regulatory framework. She believes that the only way to encourage innovation and rebuild market trust after FTX's collapse is to integrate virtual asset providers into the regulatory system. Etherscan's AI Code Reader - Etherscan, a well-known Ethereum block explorer and analytics platform, has introduced a new tool named "Code Reader." This tool uses artificial intelligence to access and interpret the source code of a specific contract address, offering users insights into contract's source code files. Crypto Overnighter Podcast (6/24/2023): Welcome back to the Crypto Overnighter with your host, Nikodemus. We provide nightly updates on cryptocurrency, NFTs, the metaverse, and the surrounding industry. Remember, this show does not offer financial advice. Email: nick@cryptoovernighter.com Salem Friends of Felines: https://sfof.org/ Twitter: https://twitter.com/CryptoCorvus1 Patreon: https://www.patreon.com/user?u=67416221

Overnighters, Episode 588: Crypto.com licensed in Spain SEC Backs off BlockFi Fine IMF: Don't Ban Crypto and More Collect the Cover:  awrd.gg/5724 The TL;DL   IMF: Don't Ban Crypto - The IMF has shifted its perspective on cryptocurrency regulation, acknowledging that a complete ban may not be effective. Instead, they emphasize the need to understand why people are drawn to digital assets and address unmet needs in digital payments. SEC Backs off BlockFi Fine - The SEC has decided to delay collecting a $30 million fine from crypto lender BlockFi due to the company's bankruptcy. This decision aims to maximize distribution to investors and avoid further delays. Prime Trust Bank in Peril - Prime Trust Bank faces regulatory challenges as its planned acquisition by BitGo is terminated, and a cease-and-desist order is issued. This situation impacts deposit and withdrawal services, highlighting the importance of trust and compliance in the crypto industry. CFTC's Bi-Coastal Scam Busts - The CFTC has taken action in two significant cryptocurrency scam cases. One case involves Justby International Auctions, accused of misappropriating $1.3 million in customer funds. The second case targets William Koo Ichioka, who fraudulently misappropriated over $21 million from participants in a commodity pool. Crypto.com licensed in Spain - Crypto.com has received approval as a virtual asset service provider in Spain, following compliance with anti-money laundering directives. This registration enables Crypto.com to offer its services to users in Spain, showcasing the growing acceptance of crypto services in traditional financial systems. Alameda Seeks $700M Clawback - Alameda Research, linked to the bankrupt FTX empire, is seeking to recover $700 million allegedly paid for access to high-profile individuals. The funds were promised to individuals known for their extensive connections, raising questions about the use of company funds and relationships within the crypto industry. Crypto Overnighter Podcast (6/23/2023): Welcome back to the Crypto Overnighter with your host, Nikodemus. We provide nightly updates on cryptocurrency, NFTs, the metaverse, and the surrounding industry. Remember, this show does not offer financial advice. Email: nick@cryptoovernighter.com Salem Friends of Felines: https://sfof.org/ Twitter: https://twitter.com/CryptoCorvus1 Patreon: https://www.patreon.com/user?u=67416221

Overnighters, Episode 587: Binance Faces Scrutiny in Brazil Ripple's Progress in Singapore CACEIS Licensed in France and More Collect the Cover:  awrd.gg/5645 The TL;DL   Digital Pound Needs Interoperability - UK's digital pound should work with other cryptocurrencies for future suitability and innovation. Powell's Take on Stablecoin Regulation - US legislation aims to clarify regulations for digital assets and stablecoins; Powell emphasizes the need for a robust federal role. Binance Faces Scrutiny in Brazil - Brazilian parliament investigates Binance's alleged involvement in pyramid schemes, joining international scrutiny. Ripple's Progress in Singapore - Ripple receives in-principle approval for Major Payments Institution License in Singapore, enabling regulated digital payment token services. CACEIS Licensed in France - CACEIS authorized by French regulators to provide crypto custody services, joining other traditional finance firms in compliance. Crypto Overnighter Podcast (6/22/2023): Welcome back to the Crypto Overnighter with your host, Nikodemus. We provide nightly updates on cryptocurrency, NFTs, the metaverse, and the surrounding industry. Remember, this show does not offer financial advice. Email: nick@cryptoovernighter.com Salem Friends of Felines: https://sfof.org/ Twitter: https://twitter.com/CryptoCorvus1 Patreon: https://www.patreon.com/user?u=67416221

Overnighters, Episode 586: Binance Shifts Focus to Asia US Agencies Unite to Combat Crypto Crimes European Commission Revives Digital Euro Bill and More Collect the Cover:  awrd.gg/5622 The TL;DL   Binance Shifts Focus to Asia-As regulatory challenges mount in the United States and Europe, Binance, the leading crypto exchange, has launched a regulated digital asset platform in Kazakhstan, tapping into the growing crypto market in the Asia Pacific region. US Agencies Unite to Combat Crypto Crimes-In the United States, five enforcement agencies have formed the Darknet Marketplace and Digital Currency Crimes Task Force to tackle cryptocurrency-enabled crimes, such as drug trafficking and money laundering. This collaboration signifies a united effort to disrupt criminal organizations exploiting digital currencies. Singapore Introduces Purpose Bound Money-The Monetary Authority of Singapore has proposed Purpose Bound Money (PBM), a protocol that enhances the interoperability of Central Bank Digital Currencies and stablecoins. PBM allows for specific conditions to be set, promoting trust and security in digital transactions. European Commission Revives Digital Euro Bill-After being taken off the agenda, the European Commission is set to release legislation concerning a digital euro. This move aims to support the development of a central bank digital currency and address concerns surrounding privacy, distribution, and the future of physical currency. Berenberg Predicts SEC's Next Move-Berenberg's research suggests that the US Securities and Exchange Commission (SEC) is likely to focus its regulatory efforts on stablecoins and decentralized finance (DeFi). This potential shift could impact major stablecoins and DeFi protocols, with Bitcoin potentially benefiting from the regulatory focus. Crypto Overnighter Podcast (6/21/2023): Welcome back to the Crypto Overnighter with your host, Nikodemus. We provide nightly updates on cryptocurrency, NFTs, the metaverse, and the surrounding industry. Remember, this show does not offer financial advice. Email: nick@cryptoovernighter.com Salem Friends of Felines: https://sfof.org/ Twitter: https://twitter.com/CryptoCorvus1 Patreon: https://www.patreon.com/user?u=67416221

Overnighters, Episode 585: IMF's New Cross-Border Payment System BIS Proposes Unified Ledger Slovakia Preps for Digital Euro and More Collect the Cover:  awrd.gg/5606 The TL;DL   IMF's New Cross-Border Payment System - The IMF proposes a tokenized asset-based XC platform for cross-border transactions, offering benefits of lower fees, faster transactions, and improved information management. BIS Proposes Unified Ledger - The BIS suggests a unified electronic ledger integrating CBDCs and tokenized assets to improve the global financial system, streamlining transactions and reducing costs. Slovakia Preps for Digital Euro - Slovakia's parliament supports legislation protecting the right to use cash amidst the digital euro's introduction, addressing concerns about a potential cashless society. EU Delays Digital Euro Legislation - The EU postpones digital euro legislation due to leaked drafts and discussions among finance ministers, emphasizing the need for a compelling narrative and assessing its added value. UK's FSMB Advances - The UK's FSMB gains approval, treating all cryptocurrencies as regulated activities and introducing measures for supervision, reflecting progress in crypto regulation. Crypto Overnighter Podcast (6/20/2023): Welcome back to the Crypto Overnighter with your host, Nikodemus. We provide nightly updates on cryptocurrency, NFTs, the metaverse, and the surrounding industry. Remember, this show does not offer financial advice. Email: nick@cryptoovernighter.com Salem Friends of Felines: https://sfof.org/ Twitter: https://twitter.com/CryptoCorvus1 Patreon: https://www.patreon.com/user?u=67416221

Overnighters, Episode 584: Binance Cancels UK Registration BofA on Crypto Market Volatility French Regulator Supports Defi Regs and More Collect the Cover:  awrd.gg/5599 The TL;DL   French Regulator Supports Defi Regs - France's AMF backs coordinated regulations for decentralized finance (DeFi) globally, prioritizing investor protection and innovation. Binance and SEC Strike Deal - Binance reaches a temporary agreement with SEC, ensuring customer fund security during ongoing lawsuits. Hinman Documents Boost Ether - The release of Hinman documents impacts the crypto market, and potential regulatory influence on Ether and cryptocurrencies. Binance Cancels UK Registration - Binance cancels UK subsidiary's registration amidst regulatory challenges, operations unaffected. BofA on Crypto Market Volatility - Bank of America report highlights digital asset market volatility, regulatory uncertainty impact, and progress in blockchain tech. ZachXBT Sued over Defamation Claims - Crypto investigator ZachXBT faces a defamation lawsuit, and garners community support for free speech advocacy. Crypto Overnighter Podcast (6/19/2023): Welcome back to the Crypto Overnighter with your host, Nikodemus. We provide nightly updates on cryptocurrency, NFTs, the metaverse, and the surrounding industry. Remember, this show does not offer financial advice. Email: nick@cryptoovernighter.com Salem Friends of Felines: https://sfof.org/ Twitter: https://twitter.com/CryptoCorvus1 Patreon: https://www.patreon.com/user?u=67416221

Overnighters, Episode 583: CBDC Alert Columbia SEC Fights UST Suit Dismissal Binance's EU Regulatory Challenges and More Collect the Cover:  awrd.gg/5511 The TL;DL   CBDC Alert Columbia - Ripple partners with Colombia's central bank and Peersyst to explore blockchain's potential. The pilot program educates about blockchain's transformative power. Legal issues with SEC loom. Binance's European Regulatory Challenges - Binance faces investigations in France and leaves the Netherlands after failing to secure a license. Maintains compliance with EU standards despite lawsuits in the US. FDIC Challenges OKCoin - FDIC orders OKCoin to remove misleading statements about FDIC insurance coverage. Concerns were raised about the distinction between U.S.-dollar deposits and crypto assets. SEC Fights Terraform Suit Dismissal - Legal battle between SEC and Terraform Labs over the classification of TerraUSD as a security. The outcome could impact how digital assets are classified under securities law. Cuban Criticizes SEC - Mark Cuban voices concerns about the SEC's regulatory approach and calls for clearer guidelines and modifications to support startups. The debate is over regulatory clarity and barriers to entry. Crypto Overnighter Podcast (6/16/2023): Welcome back to the Crypto Overnighter with your host, Nikodemus. We provide nightly updates on cryptocurrency, NFTs, the metaverse, and the surrounding industry. Remember, this show does not offer financial advice. Email: nick@cryptoovernighter.com Salem Friends of Felines: https://sfof.org/ Twitter: https://twitter.com/CryptoCorvus1 Patreon: https://www.patreon.com/user?u=67416221

Overnighters, Episode 582: Suarez Enters Presidential Race AI Integration in Crypto Trading Coinbase Challenges SEC on DEXs and More Collect the Cover:  awrd.gg/5486 The TL;DL   Suarez Enters Presidential Race - Miami Mayor Francis Suarez, known for his pro-Bitcoin stance, officially joins the 2024 presidential race, adding a new dimension to the cryptocurrency community's presence in national politics. Brazil Pres Signs Crypto Bill - Brazil takes significant steps in regulating its cryptocurrency market, assigning the Central Bank and the Securities Commission to oversee the market, solidifying its position as a regional hub for cryptocurrencies. AI Integration in Crypto Trading - ByBit integrates artificial intelligence (AI) through ChatGPT, offering traders new tools and metrics for technical analysis and insights based on market data, catering to users of varying experience levels. Hong Kong Banks Encouraged to Embrace Crypto - Hong Kong's banking regulator urges major banks, including HSBC and Standard Chartered, to accept crypto exchanges as clients, signaling a shift in the city's approach to the crypto industry. Coinbase Challenges SEC on DEXs - Coinbase engages in a public dispute with the U.S. Securities and Exchange Commission (SEC), opposing the proposal to regulate decentralized exchanges (DEXs) in the same manner as centralized exchanges, highlighting the complexities of regulatory oversight in the crypto space. Securitize's Stand on the SEC - Securitize, a blockchain company specializing in tokenizing real-world assets, offers a different perspective on crypto regulation, emphasizing their successful navigation of the registration process and the importance of regulatory compliance for the industry's growth and legitimacy. Crypto Overnighter Podcast (6/15/2023): Welcome back to the Crypto Overnighter with your host, Nikodemus. We provide nightly updates on cryptocurrency, NFTs, the metaverse, and the surrounding industry. Remember, this show does not offer financial advice. Email: nick@cryptoovernighter.com Salem Friends of Felines: https://sfof.org/ Twitter: https://twitter.com/CryptoCorvus1 Patreon: https://www.patreon.com/user?u=67416221

Overnighters, Episode 581: Australian Blockchain Industry Fights Back Binance's Cyprus Unit Deregistration Lazarus Group Nabs $100M from Atomic Wallet and More Collect the Cover:  awrd.gg/5437 The TL;DL   Australian Blockchain Industry Fights Back - Blockchain Australia challenges banking restrictions, and plans discussion to address the issue. Binance's Cyprus Unit Deregistration - Binance has requested to withdraw its Cyprus unit's registration as a crypto service provider to focus on EU's MiCA compliance following a lawsuit by the U.S. SEC. Binance.US and SEC Negotiate Over Asset Freeze - Binance.US and SEC are in talks to reach a compromise on asset freeze. SEC Considers Coinbase's Rulemaking Petition - SEC reviewing Coinbase's petition and expected recommendation in four months. SEC Faces Opposition Over Exchange Definition Proposal - SEC's exchange definition proposal met with industry and lawmaker opposition. Lazarus Group Nabs $100M from Atomic Wallet - Lazarus Group suspected of $100M hack on Atomic Wallet, investigation underway. Crypto Overnighter Podcast (6/14/2023): Welcome back to the Crypto Overnighter with your host, Nikodemus. We provide nightly updates on cryptocurrency, NFTs, the metaverse, and the surrounding industry. Remember, this show does not offer financial advice. Email: nick@cryptoovernighter.com Salem Friends of Felines: https://sfof.org/ Twitter: https://twitter.com/CryptoCorvus1 Patreon: https://www.patreon.com/user?u=67416221

Overnighters, Episode 580: eToro to Delist 4 Coins Binance.US Enlists Ex-SEC Enforcer Ripple Labs vs. SEC: Unveiling the Hinman Documents and More Collect the Cover:  awrd.gg/5421 The TL;DL   eToro to Delist 4 Coins - eToro will delist Algorand, Decentraland, Dash, and Polygon for U.S. customers, citing SEC's regulatory actions. Ripple Labs vs. SEC: Unveiling the Hinman Documents - Release of documents raises questions about the classification of cryptocurrencies as securities, impacting Ripple's lawsuit against the SEC. Binance.US Enlists Ex-SEC Enforcer - Binance.US hires former SEC enforcement official as it battles against SEC's allegations of fraud and market manipulation. The Fight to Fire Gensler - U.S. congressmen propose a bill to restructure the SEC and remove Chairman Gensler, citing dissatisfaction with his approach to crypto regulation. HK and US Race to Regulate Stablecoins - Hong Kong and the U.S. pursue stablecoin regulations; implications for the industry and the future of stablecoins. Crypto Overnighter Podcast (6/13/2023): Welcome back to the Crypto Overnighter with your host, Nikodemus. We provide nightly updates on cryptocurrency, NFTs, the metaverse, and the surrounding industry. Remember, this show does not offer financial advice. Email: nick@cryptoovernighter.com Salem Friends of Felines: https://sfof.org/ Twitter: https://twitter.com/CryptoCorvus1 Patreon: https://www.patreon.com/user?u=67416221

Overnighters,   Episode 579: a16z Expands to UK CZ Explains Exchange Outflows Hong Kong Invites Coinbase and More   Collect the Cover:  awrd.gg/5404   The TL;DL   a16z Expands to UK - Andreessen Horowitz opens office in the UK amid US regulatory scrutiny, recognizing UK's web3 potential and clear regulations.  CZ Explains Exchange Outflows - Binance CEO challenges concerns, clarifies misleading data, and highlights normal market volatility.  Bitget's Rise in Latin America - Bitget gains popularity in Latin America amid legal challenges faced by Binance and Coinbase.  Hong Kong Invites Coinbase - Hong Kong invites Coinbase and others to set up operations, aiming to become a crypto hub with proactive regulations.  n m7p40-540 Winklevoss twins and Mark Cuban express concerns over Democratic Party's stance and SEC's lack of regulatory clarity.  Crypto Overnighter Podcast (6/12/2023): Welcome back to the Crypto Overnighter with your host, Nikodemus. We provide nightly updates on cryptocurrency, NFTs, the metaverse, and the surrounding industry. Remember, this show does not offer financial advice. Email: nick@cryptoovernighter.com Salem Friends of Felines: https://sfof.org/ Twitter: https://twitter.com/CryptoCorvus1 Patreon: https://www.patreon.com/user?u=67416221

Overnighters, Episode 578: BTC Rushes Off-Shore Senator Lummis' Crypto Vision Former SEC Chief's Warning and More Collect the Cover:  awrd.gg/5380 The TL;DL   Senator Lummis' Crypto Vision - Senator Lummis works on regulatory framework to enable crypto ownership and trading in the US. Former SEC Chief's Warning - Ex-SEC attorney warns of conflict between US regulatory agency and crypto exchanges. BTC Rushes Off-Shore - Over half of US-held Bitcoin moved to international exchanges due to unclear regulations. Armstrong Advocates Clear Regulations - Coinbase CEO calls for clear crypto regulations to prevent falling behind other countries. Crypto Giants Reject SEC Label - Solana Foundation and Polygon Labs dispute SEC's classification of their coins as securities. Crypto Overnighter Podcast (6/11/2023): Welcome back to the Crypto Overnighter with your host, Nikodemus. We provide nightly updates on cryptocurrency, NFTs, the metaverse, and the surrounding industry. Remember, this show does not offer financial advice. Email: nick@cryptoovernighter.com Salem Friends of Felines: https://sfof.org/ Twitter: https://twitter.com/CryptoCorvus1

Overnighters, Episode 577: Ooki DAO loses to CFTC Nigeria Hits Binance Robinhood Drops 3 Coins and More Collect the Cover:  awrd.gg/5359 The TL;DL   Ooki DAO loses to CFTC - Landmark ruling holds decentralized autonomous organization liable for unregistered commodities, setting a precedent for future actions against DAOs and decentralized exchanges. Ooki DAO was ordered to pay penalties, cease operations, and shut down its website. Nigeria Hits Binance - Nigerian SEC orders Binance to stop operations in the country, citing a lack of registration and regulation. Regulatory challenges for crypto businesses in Nigeria highlight the need for clearer guidelines and collaboration among regulators. Robinhood Drops 3 Coins - Robinhood ceases support for Cardano, Polygon, and Solana cryptocurrencies due to SEC lawsuits against Coinbase and Binance. The decision reflects regulatory uncertainties and the company's commitment to advocating for clearer regulations. Crypto.com halts US Institutional Services - Crypto.com suspends institutional services in the US due to low demand and challenging market conditions. Retail users can still access the platform while the company remains open to relaunching the service in the future. Custodia's Crypto Legal Win - Custodia Bank progresses in its legal battle against the Federal Reserve over the denial of a master account. Wyoming defends its framework for crypto firms, highlighting the growing acceptance of digital assets in the financial landscape. Crypto Overnighter Podcast (6/10/2023): Welcome back to the Crypto Overnighter with your host, Nikodemus. We provide nightly updates on cryptocurrency, NFTs, the metaverse, and the surrounding industry. Remember, this show does not offer financial advice. Email: nick@cryptoovernighter.com Salem Friends of Felines: https://sfof.org/ Twitter: https://twitter.com/CryptoCorvus1 Patreon: https://www.patreon.com/user?u=67416221

Overnighters, Episode 576: Mt Gox: the Russian Connection Gensler's Vision of Crypto EU's MiCA Legislation and More Collect the Cover:  awrd.gg/5347 The TL;DL   Mt Gox: the Russian Connection - Russian hackers stole 647,000 BTC from Mt. Gox in 2014, leading to its insolvency. The US DOJ reveals the identities of the hackers and their involvement in operating a defunct crypto exchange. Gensler's Vision of Crypto - SEC Chair Gary Gensler advocates for applying securities laws to regulate the crypto market, drawing parallels to the 1920s stock market. Controversial, his stance sparks debates on innovation, compliance, and the industry's future. EU's MiCA Legislation: A Game Changer for Crypto Licensing - The EU introduces MiCA, a new law setting governance and financial requirements for crypto assets. It mandates identification of crypto wallet users, provides licenses for exchanges, and aims to create a consistent regulatory framework among member states. Bipartisan Efforts for AI and Stablecoin Regulation in the US - The House Financial Services Committee drafts a bill to regulate stablecoins, incorporating bipartisan ideas. Additionally, two bills target transparency and innovation in AI, reflecting lawmakers' focus on these emerging technologies. CBDC Alert (Hong Kong) - The Hong Kong Monetary Authority plans groundwork for implementing a retail central bank digital currency (CBDC). Exploring the potential future of a digital Hong Kong dollar, the move aligns with global trends of central banks embracing digital currencies. Crypto Overnighter Podcast (6/9/2023): Welcome back to the Crypto Overnighter with your host, Nikodemus. We provide nightly updates on cryptocurrency, NFTs, the metaverse, and the surrounding industry. Remember, this show does not offer financial advice. Email: nick@cryptoovernighter.com Salem Friends of Felines: https://sfof.org/ Twitter: https://twitter.com/CryptoCorvus1 Patreon: https://www.patreon.com/user?u=67416221

Overnighters,   Episode 575: Binance's Legal Battle Gensler's Crypto Enforcement Push SEC Crackdown-Robinhood's Response and More   Collect the Cover:  awrd.gg/5310   The TL;DL   Binance's Legal Battle - Binance CEO summoned over SEC lawsuit. Allegations of unregistered operations and fund redirection. Impact on crypto industry.  Gensler's Crypto Enforcement Push - SEC intensifies enforcement in crypto space. Criticism over crackdown on Binance and Coinbase. Emphasis on compliance and disclosures. SEC Crackdown - Robinhood's Response - Robinhood reviews crypto offerings amid SEC crackdown. Accused of illegal exchanges. Challenges for crypto companies.  Crypto Ad Changes in UK, Europe - UK's FCA implements strict rules for crypto advertising. Risk warnings, incentives restrictions. Complaint filed against social media ads.  DeFi Unmoved by SEC - DeFi sector resilient despite SEC charges against Binance and Coinbase. Stable value locked in DeFi applications. Lawsuit against PoolTogether dismissed.  Crypto Overnighter Podcast (6/8/2023): Welcome back to the Crypto Overnighter with your host, Nikodemus. We provide nightly updates on cryptocurrency, NFTs, the metaverse, and the surrounding industry. Remember, this show does not offer financial advice. Email: nick@cryptoovernighter.com Salem Friends of Felines: https://sfof.org/ Twitter: https://twitter.com/CryptoCorvus1 Patreon: https://www.patreon.com/user?u=67416221