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Korean exchanges agree on emergency system in case of Terra-style collapse

Korean exchanges will soon be required to list tokens based on the same guidelines to ensure compliance with local regulations, and make emergency decisions together to prevent another Terra fiasco. Source: https://cointelegraph.com/rss Korean exchanges agree on emergency system in case of Terra-style collapse

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‘Cheaper than it looks’: Fidelity exec says BTC undervalued and oversold

Anthony Pompliano made similar remarks on Monday, noting that Bitcoin’s “value and price are diverging” and that “weak hands are selling to strong hands.” Source: https://cointelegraph.com/rss ‘Cheaper than it looks’: Fidelity exec says BTC undervalued and oversold

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Total supply of stablecoins dropped sharply for first time ever in Q2

A separate graph also saw USDC and BUSD supply drop sharply in May, however both have since rebounded and are close to being back to their respective all-time high levels. Source: https://cointelegraph.com/rss Total supply of stablecoins dropped sharply for first time ever in Q2

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True Global Ventures doubles down on Web3 with $146M ‘follow-on’ fund

The TGV4 Plus Follow On Fund was led by a group of 15 general partners who committed over $4 million on average (over 40%) into the fund. Source: https://cointelegraph.com/rss True Global Ventures doubles down on Web3 with 6M ‘follow-on’ fund

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SEC boss worries crypto bill undermines financial protections

A provision in the bill gives authority over some cryptocurrencies to the Commodity Futures Trading Commission (CFTC), with the agency head saying it cares about having “rigorous oversight of markets.” Source: https://cointelegraph.com/rss SEC boss worries crypto bill undermines financial protections