Tether is calling for Roche Freedman to get thrown off the case entirely, arguing the allegations against Roche could extend to the firm.
The post Tether asks court to terminate Roche Freedman from class action appeared first on The Block.
Here’s how crypto mining companies performed on Thursday, September 1.
The post Bitcoin mining stock report: Thursday, September 1 appeared first on The Block.
Bitcoin miner Bitfarms reported in its monthly operational update that it mined 6.8% more bitcoin in August.
The post Bitfarms mined 6.8% more bitcoin in August appeared first on The Block.
Celsius has sought to reopen withdrawals for select customers that hold assets in its “Custody Program and Withhold Accounts.”
The post Celsius seeks to reopen withdrawals for certain customers appeared first on The Block.
The request for comment lays out some core questions about how to define and classify different digital assets.
The post SEC and CFTC want help building new crypto reporting regime for hedge funds appeared first on The Block.
Bitcoin mining revenues were $657 million in August — a 10% increase from the previous month.
The post Bitcoin mining revenues rose by 10% in August appeared first on The Block.
Quick Take
- In this bi-weekly series, we look into some of the most interesting data and developments across the Layer 2 blockchain landscape, from DeFi and bridges to network activity and funding
- The Ethereum Merge is drawing significant attention from the crypto community and many traders are attempting to speculate on the developments pre- and post-Merge
- One of the main implications is that traders will attempt to maximize the amount of Ether held by their private keys pre-Merge, which may include borrowing Ether from alternative ecosystems
- Rollups, bridges and alt L1s will likely see an outflow of Ether from their TVL and liquidity pools and into Ethereum mainnet
- There will likely be a scramble post-Merge where traders would seek to unwind any leveraged positions on alternative ecosystems
LevelField, a financial services firm that melds traditional banking and digital assets, is raising $50 million.
The post Banking platform LevelField is raising $50 million, secures first acquisition appeared first on The Block.
Quick Take
- In this weekly series, we dive into some of the most interesting data and developments across the Layer 1 blockchain landscape, from DeFi and bridges to network activity and funding
- L1 teams continue to optimize for greater scalability and cross-chain communication, but on-chain metrics point to declining activity in DeFi protocols across the board
- This week, we check in with Avalanche, Solana, and Cosmos
Jill Sommers, who served as a CFTC commissioner under both Bush and Obama, joins as FTX seems to have won over the regulator.
The post FTX US Derivatives adds former CFTC commissioner to board appeared first on The Block.
