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Crypto Lender Nexo Faces Declining Deposits
An analysis of Nexo's attestations reveals just how much its deposits have declined in recent months. The crypto lender may have suffered from withdrawals similar to those that led to troubles at its rivals. "The Hash" team discusses where Nexo fits into the wider crypto lending landscape and its yield crisis.

Dapper Labs, Animoca Brands and Other Web3 Platforms Launch Open Metaverse Alliance
Animoca Brands, Dapper Labs, Decentraland, and other Web3 platforms are forming the Open Metaverse Alliance for Web3 (OMA3) to overcome the crypto industry's interoperability challenges. "The Hash" team discusses the timing in the evolution of the metaverse and the potential outcomes.

SEC Calls 9 Cryptos 'Securities' in Insider Trading Case
The U.S. Department of Justice (DOJ) charged former Coinbase product manager Ishan Wahi and two others on allegations of wire fraud and insider trading. Meanwhile, the SEC formally referred to nine digital tokens in this case as “securities.“ CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De explains the charges and allegations, and discusses the regulatory implications in the SEC's ongoing practice of defining its crypto oversight through enforcement actions.

Legal Expert Weighs in on Alleged Crypto Insider Trading Case
Following a former Coinbase employee being arrested over allegations of insider trading, the U.S. Securities and Exchange Commission (SEC) formally declared nine digital tokens as "securities," continuing its practice of defining its crypto oversight through enforcement actions. Akin Gump Strauss Hauer & Feld Partner Ian P. McGinley shares his insights into the legal and regulatory repercussions, and outlook for crypto regulation in the United States.

Bsp Says No Crypto Ban; Rehab for Crypto Addicts
Philippines central bank governor says no plan to ban cryptocurrency. Coinbase insider trading case raises questions about regulations. Zipmex extends customer withdrawal freeze until Friday, Thailand’s SEC asks for clarity. Rehabilitation centers offer services to crypto trading addicts. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."

Crypto Sectors That Have Been Most and Least Impacted by Macro Headwinds
As bitcoin surpasses $23,000, CoinDesk Indices Managing Director Jodie Gunzberg discusses her crypto markets analysis and outlook. Gunzberg points out that the culture and entertainment sector seems to be moving independently from the rest of the market despite the crypto downturn, while the DeFi sector has been impacted by macro headwinds the most.

Alchemy CEO on $25M Developer Grants Initiative for Web3 Projects
Alchemy is launching a $25M developer grant program to fund Web3 projects. Alchemy co-founder and CEO Nikil Viswanathan shares insights into the blockchain development community and the importance of developer funds in Web3.

European Central Bank Exits Negative Rates as Bitcoin Digests Tesla Sales
Quantum Economics Bitcoin Analyst Jason Deane discusses how bitcoin and the wider crypto markets are digesting the impact of Tesla’s bitcoin sales and Thursday’s decision by the European Central Bank to potentially hike interest rates at an accelerated pace. Plus, his take on Coinbase’s alleged insider trading case.

Oasis Pro CEO: 'Choppy' Short-Term Trading Ahead for Bitcoin
Oasis Pro Markets LLC CEO Pat LaVecchia discusses his take on bitcoin's next move and why he expects price action in the next six months to be "choppy." Plus, insights into institutional investor sentiment.

Bitcoin's Transaction Volume Slowing Down After June Dip Buys
New data from Santiment reveals bitcoin (BTC) transaction volume is beginning to normalize after a big month of buying and selling. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.
