London Calling: Andreessen Horowitz Eyes UK as Crypto Hub

Crypto News Update: Legal Charges, Delistings, International Expansion ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ Market Activity Total Market Cap $1.06T (+0.32%) 24 Hour Volume $29.35B (-5.29%) Notable Movers[(SUI) $0.6751]( (+8.87%) Notable Movers (DeFi)[(LINA) $0.01384]( (+11.85%) Bitcoin Dominance 47.72% [(+0.15%)]( Bitcoin Price[(BTC) $25,953.75 (+0.52%)]( Ethereum Price[(ETH) $1,746.29 (-0.44%)]( Cardano Price[(ADA) $0.2826 (+4.55%)]( Today’s Top Stories [U.S. DOJ Charges 2 Russian Nationals for Laundering Mt. Gox Bitcoin]( The U.S. Department of Justice (DOJ) has indicted two Russian nationals for their alleged involvement in the 2014 Mt. Gox hack and subsequent money laundering. The indictments reveal details about the stolen funds and the operation of the defunct crypto exchange BTC-e. [Robinhood Delists Crypto Assets Deemed Securities by SEC]( Robinhood, the popular online brokerage, will delist three cryptocurrency tokens from its platform, following regulatory actions against major crypto exchanges. The move reflects the ongoing regulatory pressure on the crypto industry and the challenges faced by companies like Robinhood in navigating the regulatory landscape. [Andreessen Horowitz Sees UK as Future Home of Crypto]( Andreessen Horowitz, a prominent venture capitalist firm, has chosen London as its first international office and potential future hub for the cryptocurrency industry. The move is influenced by regulatory uncertainties in the United States and positive signals from UK stakeholders, highlighting the potential advantages of the UK's regulatory environment. [Crypto.com Shutters Institutional Trading in U.S.]( Crypto.com has made the decision to close its institutional service for clients in the United States due to limited demand, but the closure will not affect its retail app used by millions of global users. The move comes amid a challenging environment for crypto companies in the US, although the decision is primarily driven by demand factors rather than regulatory concerns. [Strike Moves to In-House Bitcoin Custody Solution]( Strike, a digital payments firm, has successfully completed the transition of customer assets to its own infrastructure, allowing users to directly custody their Bitcoin and fiat assets with the company. The move enables Strike to introduce new features and enhance the user experience while reducing counterparty risk. [Read The Full Newsletter]( [Polygon Lightpaper Simplified: Understanding the Technical Details]( Polygon Lightpaper Simplified: Understanding the Technical Details Overwhelmed by the complexities of the Polygon lightpaper? Don't throw in the towel just yet! Let us simplify the technical details to make it understandable for you. [Read More]( [What Is Celestia? Data Availability Layer]( What Is Celestia? Data Availability Layer A deep dive into Celestia — a scalable modular blockchain network built for data availability and consensus. [Read More]( Thanks for reading! Have a great day — more news tomorrow! [Facebook]( [Twitter]( [Instagram]( [Telegram]( Was this email forwarded to you? [Sign up here](. WANT MORE CRYPTO BITES? [Sign up here]( for Daily Newsletters, Promotions and Events and Prices [ADVERTISE]( | [CAREERS]( | [FAQ]( © 2023 CoinMarketCap [Unsubscribe]( [coinmarketcap.com]( CoinMarketCap OpCo LLC, 8 The Green, STE 6703, Dover, Delaware 19901, United States