Daily Digest – December 6th

• The U.K. finalizes plans to regulate the ‘wild west’ cryptocurrency industry

• Goldman Sachs prepares to shop for crypto companies amidst market rout

• Binance records a 30% surge in trading activity following the collapse of FTX

• USD Coin (USDC) stablecoin issuer, Circle terminates plans to go public

• Litecoin (LTC) surges by 9% in 24 hours, claims spot as 12th largest crypto

GameStop Cuts More Staff – Including Crypto Wallet Engineers

GameStop, video game retailer and popular meme stock, is among the latest firms to cut its investment in emerging tech. The struggling retailer is cutting investment into its plans to transform...

Goldman Sachs Sees Long-term Opportunities, Expresses Willingness to Invest in Firms Affected by FTX Crisis

Popular investment bank Goldman Sachs is seeking to invest tens of millions of dollars in firms affected by the FTX crisis. According to a Tuesday report by Reuters, the Head of Digital assets...

Decentraland Rental Feature goes Live, LAND Owners can now list LAND for Rent

Decentraland’s rental feature will serve a crucial role for the metaverse space and digital real-estate platforms in welcoming new users. Decentraland aims to...

Silvergate (SI) CEO Attempts to Defend Company, Says It Has ‘Ample Liquidity’

Silvergate (SI) CEO Alan Lane has publicly addressed its investors. He intends to “set the record straight” about the crypto bank’s ties to bankrupt exchange FTX and its...

RTFKT Drops First-Ever Physical Nike Web3 Sneaker with Move-to-Earn

RTFKT, the Web3 subsidiary of Nike, is getting ready to launch its first physical Web3 sneaker. Aiming to combine the physical and digital worlds, the bi-dimensional product...

That's you all up to date. But if you're hungry for more crypto news and insights, there's always more on our website.And feel free to reach out to us at [email protected] with any questions or comments.Until next time,DailyCoin Team