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First Mover Asia: Bitcoin Regains Momentum as Investors Shrug Off Banking, Fed Concerns

First Mover Asia: Bitcoin Regains Momentum as Investors Shrug Off Banking, Fed Concerns

ALSO: CoinDesk’s market analyst writes that a decrease in the number of bitcoin addresses with a balance of more than 1,000 bitcoins suggests that large, institutional investors are reluctant to add to their coffers.

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Aeropostale dug itself out of bankruptcy via TikTok. Now it’s turning to the metaverse

Alongside development studio MetaversePlus, legacy clothing brand Aeropostale has launched AeroPax, an NFT collection with 30,000 one-of-a-kind avatars.

The post Aeropostale dug itself out of bankruptcy via TikTok. Now it’s turning to the metaverse appeared first on The Block.

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Coinbase CEO says the SEC risks putting US financial system behind other countries

Recent actions by the Securities and Exchange Commission risk putting U.S. financial leadership behind, Coinbase CEO Brian Armstrong said on a Twitter live chat today. 

The post Coinbase CEO says the SEC risks putting US financial system behind other countries appeared first on The Block.

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What comes next after Coinbase’s Wells notice?

Crypto insiders consider the regulatory path ahead after Coinbase got a Wells notice from the SEC.

The post What comes next after Coinbase’s Wells notice? appeared first on The Block.

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Is This Finally an Atomic Bomb From the SEC?

The U.S. Securities and Exchange Commission’s notice to Coinbase (COIN) that it’s likely to be accused of breaking securities laws could foreshadow an agency effort to break the back of the crypto sector as it now operates, but it also may finally force court rulings that define how the industry can move forward.

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DeFi Protocol ROOK ‘Gagged’ From Sharing Roadmap by Clients, CEO Says

“We’re bound by the will of the order flow providers,” the pseudonymous CEO Hazard said on a community governance call.

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Web2 behemoth Google trying to innovate for web3

Rather than trying to sell what it already offers to the industry, the search giant instead say it is trying to innovate to serve the crypto community.

The post Web2 behemoth Google trying to innovate for web3 appeared first on The Block.

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Do Kwon Now Faces Criminal Fraud Charges

Federal prosecutors charged Terraform Labs CEO Do Kwon with fraud after he was arrested in Montenegro.

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After Frenzied Arbitrum Airdrop Day, 37% of Eligible Wallets Still Haven’t Claimed Their ARB

Arbitrum’s token airdrop started off in a frenzy that broke multiple websites, and yet more than 428 million ARB tokens are left to be claimed.

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BlockFi to sell $4.7 million of physical mining assets amid bankruptcy

A judge approved the $4.675 million winning bid for bankruptcy crypto lender’s assets on Thursday.

The post BlockFi to sell $4.7 million of physical mining assets amid bankruptcy appeared first on The Block.

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