CFTC commissioner urges the world for a global standard for regulating crypto, Polkadot upgrades its interoperability protocol, and more!

The markets recovered shortly after Genesis’ bankruptcy and a law enforcement action against Bitzlato, accused of laundering $700M, with Binance being the last destination for the funds.

Bitcoin and Ethereum increased by 9% and 4%. The biggest outlier this week was the staking-as-a-service platform, Lido, which increased by 26% over the past week; users have.