Analysis: high-profile Republican members of Congress saw an uptick in Twitter followers in the first few weeks of Musk’s reign, while Democrats lost followers (Washington Post)

Ken Sweet / Associated Press:
A report by Senator Warren’s office: fraud and scams are occurring more often on P2P payments app Zelle, with banks only reimbursing ~47% of defrauded customers  —  Incidents of fraud and scams are occurring more often on the popular peer-to-peer payment service Zelle, according …

Jody Serrano / Gizmodo:
How Wikipedia’s editors worked after Queen Elizabeth II’s death, debating what pictures to use and what to call Charles, creating new articles, and more  —  RIP, Queen Elizabeth II.  There are a lot of things to do in the digital realm when a monarch dies, and one of the first places people go when a famous person dies is Wikipedia.

Jamie Crawley / CoinDesk:
Senators Elizabeth Warren (D) and Roger Marshall (R) introduce the Digital Asset Anti-Money Laundering Act, including KYC requirements for wallets and miners  —  The proposal will bring know-your-customer rules to crypto participants such as wallet providers and miners.

Gretchen Morgenson / NBC News:
A look at Silvergate, one of the few US banks that let customers move dollars onto crypto exchanges, now drawing congressional scrutiny following FTX’s collapse  —  Silvergate is one of the few U.S. banks that let customers move dollars onto crypto exchanges.  FTX and related firms, like Alameda Research, had 20 Silvergate accounts.

Camomile Shumba / CoinDesk:
US Senators Elizabeth Warren, Richard Durbin, and Tina Smith ask Fidelity to reconsider its upcoming Bitcoin 401(k) offerings announced in April 2022  —  The asset management giant said in April it would offer retail investors the option to put bitcoin in their 401(k) accounts at some point this year.

Marta Belcher / CoinDesk:
Sen. Warren’s Digital Asset Anti-Money Laundering Act would be a disaster for civil liberties, effectively adding surveillance for all blockchain participants  —  The proposal would turn blockchains into permissioned ledgers surveilled by centralized gatekeepers.