Coinbase said it will suspend trading in New York for three meme coins next month, drawing criticism from crypto users who believe the platform made a lot of money on meme tokens but is now dropping the coins amid the bear market.

$BNB prices were up Wednesday after Binance announced it secured a $2 billion investment from UAE tech firm MGX, marking the single largest investment in a crypto company so far.

$XRP climbed Wednesday night as crypto users discussed a new report regarding the SEC supposedly wrapping up its case against Ripple, the largest known corporate holder of the $XRP token and the overseer of the XRP Ledger's development.

Stablecoins were at center of a House Financial Services Committee hearing Tuesday, wherein House Republicans highlighted the benefits of such coins to the broader financial system.

Okto's testnet has gained much praise from the Web3 space as the platform empowered users and developers alike with a simplified model that ushered in a new age of seamless Web3 interaction.

Franklin Templeton has filed an S-1 form with the SEC to issue an $XRP ETF, on the same day Wall Street regulator delayed its decision on the filings for other cryptocurrency ETFs.

The SEC's previous leadership has been criticized many times by the industry, but new leaders have taken over, and they are moving fast toward positive changes for crypto, including on the definition of the term "exchange."