* On September 4th, the ministry of the treasury of Russia reported that Russia is currently reviewing its full acceptance policy on using Bitcoin and other cryptocurrencies for payments. The full acceptance policy currently being reviewed allows the unlimited utilization of all types of cryptocurrencies on international payments between countries. Ivan

* On September 16th, European Central Bank announced that the five chosen tech giants will participate in a digital euro development project. The five firms selected by the ECB were the US IT firm Amazon, Spanish financial services group CaixaBank, France’s payment service firm Worldline, Italy’s digital payment solutions

* The anonymous, revealing itself as the whistleblower of Huobi, claims that ‘Huobi’s CTO Zhou led Huobi to suffer a loss of approximately 150 million dollars by investing Waves-based Vires Finance.’ The anonymous also adds that the share sale was because the founder of Huobi could not recover such damage.

* On the 13th, Charles Schwab, Citadel, and Fidelity Digital Assets launched a new cryptocurrency exchange called EDXM. EDX Markets are giant digital asset exchange platforms combining approved technology and the merit of the traditional financial markets. Unlike stock and options trading, where external exchanges are involved, EDXM will trade through

* Last June, Elon Musk was sued for $258 billion in the federal court in Manhattan, where he was accused of running a pyramid scheme by driving up the price of Dogecoin. His reasons for accusation were soaring the price of Dogecoin by over 36,000% and then purposely neglecting it

* According to a report released by Tether (USDT), the world's largest stable coin issuer, Tether's debt is about $67.5 billion and its reserve value is about $67.7 billion. This signifies that the value of Tether's reserves is $191 billion larger than the

* Cryptocurrency lending platform Hodlnaut filed an application for judicial management with the Singapore High Court on August 13th. The Terra crisis incurred a $190 million loss to the company, and the application was filed five days after the company froze withdrawals. Hodlnaut will be protected from the creditors and from

* The European Parliament stated in its press release that “Non-fungible tokens (NFTs) are unique and, unlike cryptocurrencies, are not traded or exchanged for equivalence.” Hence, NFTs will be exempt from the regulatory scope of MiCA (Markets in Cryptoassets Regulation), but new rules could be applied depending on the NFTs market

* Michael Sailor steps down as CEO of MicroStrategy and will preside over the presidency of the board of directors to acquire more cryptocurrency. Alongside the announcement, MicroStrategy shared its Q2 result, revealing that net losses amount to $1.062 billion compared to $299.3 million for the second quarter of

* The US Securities and Exchange Commission (SEC) is scrutinizing Coinbase Global Inc. to check whether it improperly let Americans trade digital assets that should have been registered as securities, and the company’s shares dropped 21%. * Washington said there’s a statement in the US Semiconductor and Science Act that

* Singapore plans to broaden and strengthen cryptocurrency-related regulations as a series of business failures and bankruptcies are jeopardizing the whole market and investors. The country had been known for a crypto-friendly atmosphere, but it is now mulling over ways to safeguard the general public. * French Bank BNP Paribas (BNP) is

* European Central Bank (ECB) raises the possibility of imposing a carbon tax on cryptocurrency transactions and banning PoW mining. As there have been many regulations on gasoline vehicles to reduce greenhouse gas emissions by EU authorities, the blockchain industry could also face some climate change-related measures and regulations. * As Putin

* Crypto broker Voyager Digital Ltd. has filed for Chapter 11 bankruptcy. The volatile crypto market condition and the default of Singapore-based crypto hedge fund Three Arrows Capital (3AC) left them no choice other than to make the decisive move, said its CEO, Stephen Ehrlich. * BlockFi differentiates its platform from Voyager

* CoinFlex said it would issue $47 million worth of a digital coin, offering 20% interest, which it's calling Recovery Value USD, or rvUSD. * Crypto hedge fund Three Arrows Capital(3AC) plunges into liquidation as market crash takes toll * Crypto hedge fund Three Arrows Capital (3AC) has filed for

* Bank of England chief says crypto has ‘no intrinsic value’ and is not a practical means of payment * Celsius Network LLC (a cryptocurrency loan company) * German crypto-focused digital bank Nuri has announced withdrawals and investments for the Bitcoin Interest Account are temporarily paused that it has provided in collaboration with

* Mounting Crypto Liquidations Make DeFi Go to Extremes * Many DeFi apps are facing massive liquidations of collateral * The possibility of bank runs by loan platforms that have executed loans with stETH as collateral is very high * Selcius, 3ac Crisis Will Cause U.S. Regulations on Cryptocurrency Loans Platforms RABIT: https:

* “Bitcoin Miners Are Selling Off Their BTC Holdings to Cope With Market Headwinds” wrote Compass * Goldman Sachs Bitcoin Survey Shows Insurers Beginning To Warm To Crypto Investing * A recent Goldman Sachs report showed that nearly 20 insurance companies were exploring cryptocurrency investments, or had already invested. * Signal of Fed on

* Microsoft is hiring a Web 3.0 product manager as expansion into crypto accelerates * The Securities and Exchange Commission (SEC) is reportedly investigating whether Binance's BNB token was a security at the time of its sale in 2017 * The FRED(Federal Reserve Economic Data) decides to track BTC

* Terra Collapse Triggers $83 Billion Decentralized Finance Slump * Duty-free benefits in cryptocurrency transactions and holdings of 9 major countries - by Koinly, the cryptocurrency tax calculation platform * Germany regards cryptocurrency as personal money, not assets. Duty free if you have cryptocurrency for more than a year. Conditional tax exemption for

* Vitalik Buterin said "I hope Ethereum will be a system that pursues long-term stability like Bitcoin, but there are many contradictions." on twitter. * Coinbase has announced on its official blog that it is actively recruiting new employees to triple the size of the company this year, but is

* The chain crisis that started at Terra ended at Tether, also known as the Crypto Market's Lehman Moment * Doubts over UST's reserves lead to a defecation and a crash in LUNA * Terra dumps BTC in possession of UST to defend against Pegging, causing price drops * Market

* "Given the institutional increase in interest in cryptocurrency, I think it's reasonable to expect to see us be more involved in the crypto space providing liquidity to institutional and potentially retail investors,” Griffin, the founder of Citadel Securities, said. * Google’s cloud division has formed a group

* National Bureau of Economic Research(NBER) : El Salvador’s Bitcoin Legal Tender Adoption Failed To Take-Off * As a result, more than 60% of respondents dumped the government’s Chivo wallet after using the $30 bonus. * A staggering 89% of Salvadorans have never received remittances with the app, only 3% of

* Tesla’s 1Q earnings report, BTC holdings unchanged for one year * Tesla's Earning Surprise once heated up the market * The sharp rise in U.S. government bond rates, which began with Fed chairman's remarks, has cooled sharply again * BlockFi, "80% of the world's