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Crypto
Crypto Developers Grew in Numbers Amid Bear Market, VC Firm Electric Capital Says
Developers are focusing on alternative ecosystems to Bitcoin and Ethereum, helping them grow faster, the VC firm said in a report.

Crypto Lender Nexo Sues Cayman Island's Regulator for Denied VASP Registration
Nexo has sued the Cayman Islands Monetary Authority to overturn its rejection of Nexo's application to register as a virtual asset services provider.

UK Court Sentences 4 Men to 15 Years for $26M Crypto Fraud
The offenders used the internet to obtain millions, Jonathan Kelleher of the Crown Prosecution Service said.

Bernstein Says Custody Services Are the Foundation for Institutional Crypto Adoption
The crypto custody revenue opportunity could grow to $8 billion by 2033, a report from the brokerage firm said.

China's Digital Yuan Used to Buy Securities for the First Time: Report
Last week, the country also added a function to its e-CNY payment app that allows users to make payments offline.

DeFi Protocol Frontier Brings In-Browser Wallet Support for Aptos, Sui and 33 Additional Blockchains
The feature allows users to stake tokens, transfer NFTs and conduct transactions with an in-browser wallet application.

Bernstein Expects Crypto Revenue to Jump to Around $400B by 2033
The broker expects on-chain revenue to grow to about half of total cryptocurrency revenue from around 15% today.
