The Crypto Overnighter Podcast

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

These are the covers for the month of June 2023. Comment with your favorite cover for a chance to win a brand new hardware wallet!

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 Continueand 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 588: Crypto.com licensed in Spain SEC Backs off BlockFi Fine IMF: Don't Ban Crypto and More Collect the Cover: *technical difficulties will issue soon* 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 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, plans discussion to address 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 in talks to reach compromise on asset freeze. SEC Considers Coinbase’s Rulemaking Petition - SEC reviewing Coinbase's petition, 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 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 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. 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 574: SEC Eyes Binance’s Profits SEC Coinbase Suit Updates USDC Licensed in Singapore and More Collect the Cover: awrd.gg/5285 The TL;DL SEC Lawsuits Rock Crypto - SEC lawsuits against Coinbase and Binance cause a ripple effect in the crypto industry, potentially shifting the global crypto landscape and affecting market prices. SEC Eyes Binance's Profits - SEC probes Binance.US for alleged profit-making of hundreds of millions. The lawsuit could freeze Binance's assets and disrupt its operations in South Korea. SEC Coinbase Suit updates - Coinbase challenges SEC to clarify its stance on digital assets regulation amidst ongoing legal battle. The outcome could redefine crypto regulations. USDC Licensed in Singapore - Circle Singapore secures Major Payment Institution license, marking a significant step for stablecoins and digital payment services in the city-state. Yellen, Congress Push for Crypto Rules - Treasury Secretary Yellen and Congress advocate for more crypto regulations, aiming to fill gaps in the current system and provide clearer guidelines. Crypto Overnighter Podcast (6/7/2023): 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 Patreon: https://www.patreon.com/user?u=67416221

Overnighters, Episode 573: Gensler’s War on Crypto US Congress Eyes Crypto Tax Genesis Mediation Extended and More Collect the Cover: awrd.gg/5265 The TL;DL SEC Sues Coinbase - The SEC has filed a lawsuit against Coinbase, alleging that the crypto exchange has been operating as an unregistered broker, exchange, and clearing agency. Binance Lawsuit Update - Binance is facing criticism from China's state broadcaster and a lawsuit from the SEC, alleging money laundering activities, market manipulation, and securities law violations. CFTC OKs Cboe Crypto Futures - The CFTC has approved Cboe Clear Digital to clear additional products as a derivatives clearing organization, allowing it to expand its clearing of futures contracts on cryptocurrency assets. Genesis Mediation Extended - The mediation session between Genesis and its creditors has been extended to June 16, amid concerns about the role of Genesis' parent company, DCG, in the lender's financial restructuring. US Congress Eyes Crypto Tax - Congress members Brad Sherman and Stephen Lynch are pushing for the introduction of tax regulations for the cryptocurrency industry, citing concerns about tax evasion. Gensler Sees No Need for Crypto - SEC Chair Gary Gensler has stated that there is no need for more digital currencies, arguing that major currencies like the U.S. dollar, euro, and yen are already digital. Crypto Overnighter Podcast (6/6/2023): 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 Patreon: https://www.patreon.com/user?u=67416221

Overnighters, Episode 572: UK Crypto Tsar Needed Cursed Inscriptions Ordinals Fix Atomic Hack Update and More and More Collect the Cover: awrd.gg/5239 The TL;DL UK Crypto Tsar Needed - UK lawmakers call for immediate crypto regulation and a dedicated official to oversee the process, aiming to protect consumers and ensure UK's leadership in the crypto sector. The Met to Return FTX Funds - The Metropolitan Museum of Art will return $550,000 in donations received from crypto exchange FTX before its collapse, as part of its bankruptcy proceedings. Do Kwon on Bail - Terraform Labs co-founder Do Kwon granted bail in Montenegro; he faces charges in South Korea and the US related to the collapse of the Terra ecosystem. Atomic Hack Updates - Atomic Wallet suffers a hack resulting in a $35 million theft; the company and blockchain investigators are working to track and recover the stolen funds. 3AC in Genesis Bankruptcy - Defunct crypto hedge fund Three Arrows Capital demands inclusion in the bankruptcy mediation process of crypto lender Genesis Global, asserting claims of over $1 billion. Cursed Inscriptions Ordinals Fix - Bitcoin Ordinals protocol releases an upgrade to address over 71,000 invalid inscriptions, converting them into "blessed" ones and enabling trading. JPMorgan's Indian Collaboration - JPMorgan collaborates with six major Indian banks to introduce a blockchain-based platform for interbank settlement of U.S. dollar transactions, aiming to enhance the existing settlement system. SEC vs Binance: The Battle Begins-In a landmark case, the SEC has filed suit against Binance, its U.S. platform, and CEO Changpeng Zhao. Allegations include unregistered offers and sales of various tokens, and failure to register Binance.com as an exchange. Crypto Overnighter Podcast (6/5/2023): 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 Patreon: https://www.patreon.com/user?u=67416221

Overnighters, Episode 570: GOP Digital Asset Framework Binance Web3 Reality Show Musk Doge Lawsuit Update and More Collect the Cover: awrd.gg/5187 The TL;DL GOP Digital Asset Framework - U.S. House Republicans propose a bill to transition digital tokens from securities to commodities, aiming to provide clearer guidelines for digital assets. Tornado Cash Lawsuit Update - The Blockchain Association supports Coin Center's lawsuit against the U.S. Treasury Department, arguing against sanctions on crypto mixer Tornado Cash. Binance Web3 Reality Show - Binance announces zkPass, a decentralized identity verification solution, as the winner of its Web3 reality show, "Build the Block." Global Crypto ATM Surge - After a year-long decline, the number of Bitcoin and crypto ATMs worldwide saw a significant increase in May, with nearly 1,400 new installations. CBDC Alert(Kenya) - The Central Bank of Kenya suggests that a central bank digital currency may not be a top priority, opting for innovative solutions within the existing ecosystem. Musk Doge Lawsuit Update-Elon Musk faces insider trading allegations in a class action lawsuit, accusing him of market manipulation through publicity stunts, social media influence, and tweets related to Dogecoin. The lawsuit challenges his actions and seeks to hold him accountable for alleged fraud and self-promotion. Crypto Overnighter Podcast (6/3/2023): 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 Patreon: https://www.patreon.com/user?u=67416221

Overnighters, Episode 569: CFTC Proposes Rule Overhaul Silvergate Approves Liquidation Plan USDC Native on Arbitrum and More Collect the Cover: awrd.gg/5178 The TL;DL CFTC Proposes Rule Overhaul - The U.S. CFTC is proposing a rule overhaul to address risks associated with digital assets. The proposal is in the preliminary stage, inviting public comments. Silvergate Approves Liquidation Plan - Silvergate Bank is to submit a self-liquidation plan following business failure. The bank's downfall is attributed to its dealings with the now-defunct crypto exchange FTX. Silbert and DCG Request Consolidation - DCG and CEO Barry Silbert seek to consolidate two class-action lawsuits related to losses during the crypto winter, citing shared facts and legal issues. USDC Native on Arbitrum - Circle plans to launch a native version of its USDC stablecoin on the Arbitrum network to enhance transaction speed and eliminate withdrawal delays. FATF Criticizes Qatar - The FATF criticizes Qatar for lax enforcement against crypto companies violating a 2019 ban, urging the Qatar Central Bank to sanction violators more proactively. China’s Blockchain Standards - China's MIIT introduces a new national standard for blockchain development, aiming to regulate its use and expedite progress despite the country's crypto ban. Singapore’s Stablecoin Rules - Singapore's MAS urges crypto firms to enhance customer due diligence procedures, requesting more comprehensive information about accounts and transactions. Crypto Overnighter Podcast (6/2/2023): 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 Patreon: https://www.patreon.com/user?u=67416221

Podcast Covers for the month of May 2023, presented in order, backed by the theme of the show. Which one's your fave?