🦎🚀 Azuki under attack! 😱

Wednesday, June 28, 2023

Don't miss out on the juiciest news in the crypto space! Stay in the loop to ensure that you receive our latest newsletters, right in your inbox!

Regulatory Band-Aid

The European Union (EU) has reached an agreement on regulations for crypto assets in banking, aiming to address the risks associated with institutions' exposure to inadequately covered crypto assets.

The agreement focuses on capital requirements to mitigate potential risks and comes ahead of the new rulebook by the Basel Committee on Banking Supervision, set to be implemented in 2025.

In today's news, an awkward situation for Azuki, Sui stands their ground, and another fresh round of stablecoin fears.

Read on!

Most Expensive Crypto Domains

With the rise of digital identities, we've seen a rush for unique crypto domains, leading to record prices!

Check out the most expensive crypto domains, and how they compare to their web2 counterparts.

Let's find out here!

24h Hot Searches Worldwide

TrueUSD (-0.2%)
Pepe (-3.1%)
XEN Crypto (+14.1%)
Arbitrum (-5.6%)
Polygon (-4.6%)
ApeCoin (-2.9%)
Sui (-7.5%)

From unraveling a mysterious death to tracking the origins of Bitcoin, take your pick of which crypto film you want to watch! Let's explore the top 5 here!

Let's find out here!

Out of the Garden

Azuki, a prominent player in the NFT space, concluded the sale of its "Azuki Elementals Beans" NFT collection before its public launch, netting $37.5 million in the process.

While the Elementals collection expands the Azuki ecosystem, some long-term holders are reportedly selling off their holdings due to the visual similarities between the new collection and the original one.

The Block

The Sui Dynasty

The Sui Foundation has refuted claims of unlocking and dumping SUI staking rewards on Binance, stating that the mentioned transaction was a contractual payment under lockup.

They have further stated their intention to release a comprehensive schedule outlining the token release in the near future.

Cointelegraph

More than Meets the Eye?

Stablecoin issuer TrueUSD reportedly had $26,000 of funds at failed crypto custodian Prime Trust, contradicting their earlier claim of having no exposure to it.

This begs a question, what else is there out there that we don't know of?

CoinDesk