Lulo Invest Newsletters August 25, 2023
Welcome to our 21st newsletter edition!
UK Government to Poll Brits on Banning Cold Calls Related to Crypto - Decrypt
The UK government is assessing how a cold call ban for financial products like crypto would affect legitimate businesses and consumers.
decrypt.co/153611/uk-government-poll-brits-banning-cold-calls-related-crypto?amp=1
Thailand’s New Pro-Crypto Prime Minister Was an Active Crypto Investor
The resolution of political drama and appointment of Srettha Thavisin as Thailand’s next Prime Minister means a 10,000 THB ‘airdrop’ is likely happening.
www.coindesk.com/business/2023/08/23/thailands-new-pro-crypto-prime-minister-was-an-active-crypto-investor/?outputType=amp
Binance accused of violating sanctions placed on Russia
Binance, the largest crypto exchange by trading volumes, is accused of engaging with sanctioned companies in Russia despite pulling out of the country in H1 2023
crypto.news/binance-accused-of-violating-sanctions-placed-on-russia
FBI flags imminent sale of $40M in stolen crypto funds linked to North Korea
The stolen funds are said to derive from several hacks this year, including $60 million from Alphapo and $37 million from CoinsPaid
blockworks.co/news/stolen-crypto-north-korea
Nvidia's Make-or-Break Earnings Could Be Huge for AI-Tied Crypto Tokens
Tokens such as FET as well as shares of cryptocurrency miners could move after the giant chipmaker's earnings.
www.coindesk.com/business/2023/08/23/nvidias-make-or-break-earnings-could-be-huge-for-ai-tied-crypto-tokens/?outputType=amp
Mastercard, Binance to end crypto card partnership
Mastercard and crypto exchange Binance will end their four crypto card programmes in Argentina, Brazil, Colombia and Bahrain as of Sept. 22, a spokesperson for Mastercard said via email on Thursday.
www.reuters.com/business/finance/mastercard-binance-end-crypto-card-partnership-2023-08-24
Binance shutters crypto card services in Latin America, Middle East
Crypto exchange Binance is suspending its card services in Latin America and Middle East amid its global regulatory woes.
cryptoslate.com/binance-bids-farewell-to-card-services-in-latin-america-middle-east/?amp=1
Oman Introduces a Crypto Mining Center Valued at $350 Million (Report)
This is the second major crypto mining facility that popped up in Oman after the one in November 2022.
cryptopotato.com/oman-introduces-a-crypto-mining-center-valued-at-350-million-report/?amp
Cryptoverse U.S. retail traders eye a fresh piece of the crypto derivatives pie
America's mom and pop bitcoin buffs have a shiny new derivatives playground that cryptocurrency analysts hope will fire up a moribund market.
www.reuters.com/technology/cryptoverse-us-retail-traders-eye-fresh-piece-crypto-derivatives-pie-2023-08-22
Balancer Depositors Pull Nearly $100M in Crypto After Vulnerability Warning
“People are withdrawing fast,” said pseudonymous contributor Xeonus.
www.coindesk.com/markets/2023/08/22/balancer-depositors-pull-nearly-100m-in-crypto-after-vulnerability-warning/?outputType=amp
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