AzukiSummary: A newly formed DAO in the Azuki community voted to hire a lawyer after last week’s Elementals launch. The DAO comprised of 74 members wants to recover 20,000 ETH from pseudonymous founder Zagabond and the blue-chip NFT project. Azuki’s community voiced heavy backlash against the Elementals NFTs with members saying they look strikingly similar to the original collection. A newly formed DAO in the Azuki community – a popular Japanese manga-themed project –voted to hire a lawyer for the […]

BinanceSummary: Germany’s top watchdog BaFin turned down an application for a custody license from Binance, FinanceFWD reported. Paysafe also announced its decision to end support for Euro transactions by September this year. This comes as the exchange suffers blow after blow in European markets including being de-banked in Australia and pulling its registration application in the UK. The company is also facing stiff regulatory action in the U.S. following lawsuits from the SEC alleging securities violations. Binance continues to face […]

MicroStrategySummary: MicroStrategy added to its massive Bitcoin coffers with a $347 million purchase. The company bought an additional 12,333 BTC at an average price of $28,136 per coin, Founder and Chairman Michael Saylor shared. MicroStrategy now owns 152,333 Bitcoins worth approximately $4.6 billion, further solidifying the company as the largest corporate holder of BTC. MicroStrategy added to its BTC holdings after spending $347 million in cash buying 12,333 Bitcoins between April 29 and June 27, a filing with the U.S […]