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**Cryptocurrency News:**
• Securities and Exchange Commission Chair Gary Gensler continued to push that much of the activity in the crypto space could potentially fall under the purview of the securities regulator, calling out lenders and exchanges that could be supporting unregistered securities.
• French fashion brand Lacoste has launched a collection of NFTs, in a move it says aims to build an online community and engage with customers in a new way.
• Crypto firms are feeling the heat as BlockFi announced plans to lay off „roughly 20%“ of its staff and Coinbase is laying off 18% of its workforce.
• After it lifted the freeze on bitcoin withdrawals, Binance has identified the “repairing of several minor hardware failures on wallet consolidation” as the incident that ultimately forced it to pause withdrawals.
• The executive power and the ruling party in South Korea have urged the cryptocurrency industry for what officials describe as voluntary regulatory measures.
• Confiant, an advertising security agency, has found a cluster of malicious activity involving distributed wallet apps, allowing hackers to steal private seeds and acquire the funds of users via backdoored imposter wallets.
• Tron DAO reserve pulls 2.5 billion TRX from Binance as USDD slips further from peg.

** CoinMarketCap Top 10 Trending Cryptos:**
1. LUNC
2. CEL
3. GALA
4. SHIBDOGE
5. USDD
6. GST
7. ETH
8. TRX
9. GMT
10. CAKE

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