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Digital Assets 
AAX ranked world’s second largest spot exchange, only behind Binance
Crypto trading volumes experienced their first surge in activity since March as the majority of digital assets began their recovery from the recent grim price action, according to a new report by Cryptocompare.
Digital Assets 
Bitpay teams up with Cardlytics to provide 15% cashback rewards
Crypto payment service provider Bitpay announced a partnership with Cardlytics Inc (NASDAQ:CDLX), which it says will offer more rewards for BitPay cardholders on its platform.
Digital Assets 
BlackRock digs further into crypto with spot bitcoin private trust
BlackRock, the world’s largest asset manager with almost $8 trillion in AUM, has launched a spot bitcoin private trust for institutional clients in the United States.
Digital Assets 
SEC fines Bloom Protocol, orders refund to BLT token purchasers
Blockchain startup Bloom, which raised $30 million in funds via an initial coin offering (ICO), has agreed to return the money to token purchasers and pay a $300,000 fine, the SEC announced.
Institutional FX 
FX volume takes step back at Singapore Exchange in July
The Singapore Exchange (SGX), the country’s paramount exchange operator, has released its monthly volumes across its FX, derivatives and commodities segments for July 2022.
Market News 
The Week Ahead: 12 August from David Madden, Market Analyst at Equiti Group
There was a spike in volatility last week when the US CPI report ticked down to 8.5% from 9.1%, missing the forecast of 8.7%. The announcement led to chatter the Fed might not carry out a 0.75% interest rate hike in September.
Digital Assets 
Pomelo Pay adds crypto payments capabilities from TripleA
According to a June survey conducted by Deloitte, nearly 75% of retailers plan to accept either cryptocurrency or stablecoin payments within the next two years.
Executive Moves 
Talos appoints “boss, mentor, and friend” Neal Pawar as strategic advisor
“Foundational technologies are needed for institutions to fully embrace this potential, however, and in my opinion Talos’s platform is steadily becoming the de facto industry standard for digital asset trading.”
Technology 
Avelacom enhances Middle East connectivity amid new market trends
Avelacom found that smaller markets in the region were not sufficiently covered by third-party vendors.
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