The breaking news of last week:
1. Key Word: Huobi, BLUR, IGU, SUDO
Huobi opened BLUR (Blur) spot trading (BLUR/USDT) and spot Grid trading (BLUR/USDT) at 18:30 (UTC) on February 14, 2023.
Huobi opened GFT (Gifto) spot trading (GFT/USDT) and spot Grid trading (GFT/USDT) at 12:00 (UTC) on February 15, 2023.
Huobi opened IGU (IguVerse) spot trading (IGU /USDT) and spot Grid trading (BLUR/USDT) at 12:00 (UTC) on February 17,2023.
Huobi has opened IGU (IguVerse) spot trading (IGU /USDT) and spot Grid trading (BLUR/USDT) at 12:00 (UTC) on February 17,2023.
Huobi opened SUDO (Sudoswap) spot trading (SUDO/USDT) and spot Grid trading (SUDO/USDT) at 11:00 (UTC) on February 19,2023.
2. Key Word: Genesis, Securities and Exchange Commission, Paxos, Binance
The Securities and Exchange Commission has told crypto firm Paxos Trust Co. that it plans to sue the company for violating investor protection laws, according to people familiar with the matter, the latest move in the agency’s escalating campaign in crypto enforcement.
Cryptocurrency firm Paxos will cease issuing new Binance USD, or BUSD, stablecoins under the direction of New York state’s financial regulator.
3. Key Word: Hong Kong, Tokenized Green Bond
Hong Kong's government successfully issued its first tokenized green bond of 800 million Hong Kong dollars (US$101 million).
4. Key Word: Fed, Interest-Rate Hike
Federal Reserve Bank of Cleveland President Loretta Mester said she saw a compelling case for rolling out another 50 basis-point interest-rate hike earlier this month and the US central bank has to be prepared to move higher if inflation remains stubbornly high.
5. Key Word: Canada, Tighten Cryptocurrency Requirements
Later this month, Canada’s umbrella markets regulator, the Canadian Securities Administrators (CSA), will tighten requirements for cryptocurrency exchanges operating in the country, according to two people who have been briefed on the plans.
6. Key Word: Soros Fund ,Add Crypto
Soros Fund Management, the investment vehicle of hedge fund billionaire George Soros, appears to have added exposure to some crypto companies before the end of last year, although the nature of the trades is not clear.
7. Key Word: NFT Gaming ,IPO
The NFT Gaming Company, Inc. ("NFT Gaming" or the "Company"), a company developing a digital gaming platform and community that will offer users the ability to mint unique avatars playable in all of the games on the platform in the form of non-fungible tokens, announced the pricing of its initial public offering of 1,686,747 shares of common stock (the “Common Stock”) at a public offering price of $4.15 per share of Common Stock.
8. Key Word: Russia,Legalize Blockchain
The members submitted bill number 221502-8 in State Duma in October 2022, letting the financial market participants combine their operations with blockchain platforms. The State Duma is the legislative authority of the Russian parliament.
The regulatory bodies did not allow participants to combine their operations with blockchain technology earlier. But, the bill will legalize the use of blockchain once it becomes law.
Russia provides tax incentives for those who want to invest in crypto mining. With the government’s direct support, the new $12 million crypto mining center will open in east Siberia.
9.Key Word: FTX,Sell Certain Investment
FTX has received court approval to sell certain investment assets and subsidiaries.Collectively, via various subsidiaries, FTX and Alameda spent around $5.3 billion across 473 investments, according to a report from The Block Research. Investments ranged from huge checks — such as $100 million into Mysten Labs, the developer of the Sui blockchain — to many smaller investments, such as $1 million checks into startups Limit Break and Messari.
10.Key Word: Blur, Airdrop
Blur offered 360 million tokens through the airdrop, of which nearly 270 million BLUR tokens have already been claimed. Based on the current circulating supply, BLUR now has a market cap of over $200 million.
Events coming in this week:
1. On February 21th (Thusday), Coinbase release earnings;
2. On February 23th (Thursday), FOMC Meetings Statement;
3. On February 23th (Thursday), FOMC Member Williams Speaks ;
4. On February 23th (Thursday), Core PCE Price Index;
5. On February 24th (Friday), FOMC Member Bostic Speaks.
6. ETHDenver back to Colorado, US
