Bitcoin has regained some momentum overnight to trade above US$30,000 again this morning. Overnight, El Salvador?s President Nayib Bukele urged countries to use and adopt bitcoin during an annual meeting of the Alliance for Financial Inclusion including 32 central banks and 12 financial officials representing emerging economies.

Following last week?s terraUSD stablecoin crash, the legal team at Terraform Labs, the company behind the Terra blockchain, have all now resigned from the company. A spokesperson from Terraform Labs said the ?past week has been challenging for Terraform Labs, and a small number of team members resigned in recent days?.

And crypto trading platform Robinhood has revealed plans to roll out a new Web 3 crypto wallet focused on decentralised finance and NFTs.