In a federal lawsuit against crypto influencer Ian Balina, the US SEC claims the entire Ethereum network falls under the US government’s purview (Sander Lutz/Decrypt)

Sander Lutz / Decrypt:
Bluesky previews its Authenticated Transport Protocol, formerly ADX, for large distributed social applications and says a Bluesky social app is “coming soon”  —  The group, formed within Twitter, is building a decentralized protocol that limits corporate and governmental influence on social media platforms.

Bloomberg:
Apple’s unionized Maryland store filed a complaint with the NLRB after Apple withheld medical, educational, and other new benefits given to non-union workers  —  Apple Inc.’s unionized retail store in Maryland is filing a complaint with the National Labor Relations Board after it was excluded …

Mat Di Salvo / Decrypt:
Coinbase says Coinbase Wallet will no longer support Bitcoin Cash, Ethereum Classic, Ripple XRP, and Stellar due to “low usage”, starting January 2023  —  America’s biggest crypto exchange has scrapped a number of assets from its self-custody mobile app citing waning customer interest.

Kyungji Cho / Bloomberg:
South Korea details more “abnormal” foreign exchange transactions, most related to crypto, bringing the total to $7.2B since June; 72% went to Hong Kong  —  South Korea confirmed more cases of “abnormal” foreign-exchange transactions, mostly related to cryptocurrencies, the nation’s financial watchdog said.

Coco Feng / South China Morning Post:
China’s central bank: e-CNY transactions totaled ~$14B from December 2019 to August 2022, up 14% from ~$12.2B in December 2021, signaling slowing growth  —  China’s central bank digital currency transactions totalled 100 billion yuan (US$14 billion) from the start of the e-CNY initiative …

Manish Singh / TechCrunch:
The European Central Bank says that bitcoin is “rarely used for legal transactions” and is on the “road to irrelevance”, without citing any strong data points  —  European Central Bank officials alleged on Wednesday that bitcoin is “rarely used for legal transactions …