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Europe · LondonSterling drops to its lowest level against the U.S. dollar in history. The pound is continuing its selloff from Friday after new Chancellor of the Exchequer Kwasi Kwarteng unveiled a budget of tax cuts and spending that worried traders. The strong greenback is also weighing on oil prices, with Brent crude falling through $85 per barrel earlier.See the Story
Sterling collapses as investors fly into dollars
37% Left coverage: 49 sources
US & Canada · SacramentoCalifornia Governor Gavin Newsom refused to sign a bill that would establish a licensing and regulatory framework for digital assets. Assembly Bill 2269 sought to allow the issuance of operational licenses for crypto companies in California. Newsom highlighted that he waits for federal regulations to come into sharper focus before working with the Legislature.See the Story
California Gov. Newsom vetoes crypto licensing and regulatory framework
Coverage: 2 sources
CryptocurrencyThe biggest financial institution in Southeast Asia, DBS, has launched self-directed cryptocurrency buying and selling by way of its app. Extra clients at the moment are certified to entry the financial institution's digital asset change and commerce cryptocurrencies, together with bitcoin and ether. The financial institution additionally lately entered the metaverse by partnering with The Sandbox.See the Story
Southeast Asia's Largest Bank DBS Launches Self-Directed Crypto Trading Amid Institutional Demand – Exchanges Bitcoin News
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BitcoinTOKEN2049 to unveil first-of-its-kind OP3N WHALE NFT Exhibition, which presents rare NFT assets with a market value exceeding US$100 millionSee the Story
Asia’s Largest Web3 Event TOKEN2049 Exclusively Unveils NFT Assets Valued Over US$100 Million
FinanceThe Walt Disney Company is hiring an attorney to work on nonfungible tokens (NFTs) and the Metaverse. The new role comes as the company has been slowly positioning itself around the crypto, blockchain, and Metaverse space. CEO Bob Chapek said the firm was preparing to blend physical and digital assets in the metaverse.See the Story
Walt Disney Forays Into Web3 Space, Seeks To Hire Lawyer With Experience In 'Cutting-Edge Technologies' - Walt Disney (NYSE:DIS)
100% Center coverage: 3 sources
StartupsIvory Coast-based payments fintech startup, Julaya, recently concluded its pre-Series A funding round with an additional $5 million. This brings to $7 million the total capital that the finttech startup has raised in this series. Senegal and English football club Chelsea’s goalkeeper, �douard Mendy also participated in the round.See the Story
Ivory Coast-Based Payments Fintech Secures $5 Million From Its Pre-Series A Funding Round – Fintech Bitcoin News
Climate ChangeThe World Financial Discussion board (WEF) has launched the Crypto Sustainability Coalition. The group consists of 30 firms, educative teams, and different establishments. It will analyze the influence of the vitality consumption of those applied sciences, and the way they can be utilized to assist decarbonization efforts.See the Story
WEF Launches Crypto Sustainability Coalition to Leverage Web3 Technologies in Climate Change Battle – Blockchain Bitcoin News
Department of JusticeThe U.S. government has warned that the post-quantum world is getting closer, and vulnerable cryptography will need to be protected. President Joe Biden notes that gas prices have fallen, but doesn't mention the 190 million barrels that have been tapped from the Strategic Petroleum Reserve to address the issue. Chinese state-backed media says this might be the beginning of another nightmare for many countries in the world. A new proof-of-work (PoW) fork has emerged to vie for miner acceptance.See the Story
ETH Merge Forks, Quantum Computing, Biden Draining Oil Reserves, DOJ Targets Criminal Crypto Use — Week in Review – The Weekly Bitcoin News
EthereumSwan Bitcoin CEO Cory Klippsten believes the upgrade will lead Ethereum into a slow slide to irrelevance and eventual death. He believes the Ethereum community picked the wrong moment for detaching the protocol from its reliance on energy. As many parts of the world are experiencing severe energy shortages, he believed the environmental narrative is taking the back seat.See the Story
Is post-Merge Ethereum PoS a threat to Bitcoin's dominance? By Cointelegraph
100% Center coverage: 2 sources
RalliesStellar lumen price started a fresh decline from the $0.132 resistance zone against the US Dollar. XLM price must stay above the $ 0.1150 support to avoid more losses. The price could start a major increase if there is a clear move above the £0.1200 resistance zone.See the Story
