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Author: samwsimpson_lyjt8578

US government initiates around $922 million in bitcoin transfers from seized Bitfinex hack funds

Arkham Intelligence data showed that two wallets containing the seized funds made multiple transfers to unidentified addresses on Wednesday.

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Author: Timmy Shen

South Korea’s ruling party retracts spot bitcoin ETF election promise: report

South Korea’s ruling People Power Party has ‘indefinitely postponed’ its plans to pledge the easing of crypto restrictions.

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Author: Danny Park

Sierra Club says accurate insight into crypto mining firms’ energy use is ‘urgently needed’ in support of federal survey

Accurate information about crypto mining company’s expected energy consumption is urgently needed, the Sierra Club said in an amicus brief.

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Author: Sarah Wynn

Bitcoin Miner Marathon’s Sales Beat Fails to Impress Wall Street

The company sold 56% of its mined bitcoin during the fourth quarter to fund operating costs.

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Author: Aoyon Ashraf

Gemini to pay $37 million fine, return over $1 billion to Earn customers in settlement with NY regulator

Gemini agreed to pay a hefty fine to a NY financial regulator and has to return at least $1.1 billion to Gemini Earn customers. 

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Author: Sarah Wynn

Former payments sell side analyst explains why Wall Street keeps getting Coinbase earnings wrong

Ryan Todd breaks down the systemic biases and structural dynamics that lead Wall Street to regularly undervalue Coinbase’s financial achievements.

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Author: Davis Quinton

Bitcoin rocked by ‘demand shock’ as ETFs gobble up BTC faster than it is mined, says CoinShares

The significant demand from spot bitcoin ETFs, which require 2,800 bitcoins daily, compared to the production of only 900 new bitcoins in the same period, is having a major impact on price.

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Author: RT Watson

Winklevoss Twins’ Gemini Promises to Return $1.1B to Earn Customers

Gemini told the New York Department of Financial Services it would return at least $1.1 billion to its Earn customers after Genesis Global Capital wraps up its bankruptcy process, according to NYDFS.

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Author: Nikhilesh De

Coinbase restabilized after heavy traffic caused $0 balance glitch

Coinbase’s heavy traffic coincided with bitcoin reaching $64,000 and millions in liquidations today. 

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Author: MK Manoylov and Sarah Wynn

Coinbase Made an Arbitration Case to the U.S. Supreme Court – Again

Crypto exchange Coinbase again led a legal charge on the ins and outs of arbitration in the U.S. Supreme Court on Wednesday. The latest case isn’t about digital assets, directly, but it may be important for every modern consumer who buys, registers or contracts for a product or service – and for the businesses trying to stay out of court.

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Author: Jesse Hamilton


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