The company is excited to expand globally and wants to build in Abu Dhabi, Canada, Singapore, and get authorized with the U.K. under its upcoming crypto regime Tom Duff-Gordon …

Crypto custodian BitGo had agreed to a sale to Galaxy Digital in May 2021, but Galaxy pulled out of the deal last August amid the industry’s sustained bear market. …

Binance.US’s market depth has dropped in June as market makers are fleeing the exchange following the SEC’s lawsuit. Source: https://www.coindesk.com/markets/2023/06/12/binanceus-market-depth-declines-76-in-june-following-sec-lawsuit/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Source: https://www.coindesk.com/web3/2023/06/12/a-1200-baseball-hat-why-discos-swag-is-prohibitively-expensive/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The blockchain research and engineering company has cut jobs as it pivots to a smaller venture studio business model. Source: https://www.coindesk.com/business/2023/06/12/cardano-developer-iog-restructures-to-venture-studio-model-lays-off-some-staff/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Censo is the latest in a crop of cheap, open-source options for organizations looking to store digital assets. Source: https://www.coindesk.com/business/2023/06/12/crypto-storage-firm-censo-offers-institutions-mobile-phone-enabled-self-custody/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Hyblock Capital’s global bid and ask indicator plunged 20% during Saturday’s altcoin crash, indicating a sharp deterioration in the crypto market liquidity. Source: https://www.coindesk.com/markets/2023/06/12/crypto-global-bid-and-ask-metric-points-to-paper-thin-order-books/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Without a more solid legal framework, cryptocurrency activity will probably continue moving outside the U.S. and into decentralized entities, the report said. Source: https://www.coindesk.com/policy/2023/06/12/sec-crypto-crackdown-adds-urgency-for-us-lawmakers-to-produce-regulatory-framework-this-year-jpmorgan/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The venture capital firm plans to use the office, which will open later this year, to fund growth in the crypto and startup ecosystems in the U.K. and Europe. …

The surge in open interest comes alongside a decline in price and signals an influx of bearish short positions in the market. Source: https://www.coindesk.com/markets/2023/06/12/open-interest-in-binances-bnb-token-futures-jumps-to-5-month-high/?utm_medium=referral&utm_source=rss&utm_campaign=headlines