The price of Ether tanked by 50% on Kraken. The bourse said its systems acted normally.
The post Kraken CEO defends crypto exchange after ETH price plunge on its platform appeared first on The Block.
After staying at a discount for months, the rate of USDT to RMB has flipped to a premium compared to the foreign exchange rate.
The post USDT flipped to a 2% premium against RMB amid bitcoin’s price drop appeared first on The Block.
SEC commissioner Hester Peirce said Monday that federal regulators need to “provide both legal clarity and the freedom to experiment so that DeFi can compete with CeFi to offer investors financial services.”
The post SEC commissioner Hester Peirce calls for ‘legal clarity and the freedom to experiment’ for DeFi appeared first on The Block.
Galaxy Digital is growing its ranks, and as part of that effort, the firm is building out a research unit that will provide resources for both in-house staffers as well as clients.
The post Galaxy to launch research unit, eyes a 40% company-wide headcount expansion appeared first on The Block.
Crypto firms Bitfinex and Tether have settled with the New York Attorney General’s (NYAG’s) office, ending a legal dispute that began in mid-2019.
The post Bitfinex, Tether settle with New York’s Attorney General for $18.5 million appeared first on The Block.
Quick Take
- CMS Holdings is a principal investment firm focused on the digital asset ecosystem founded in 2019 by Daniel Matuszewski and Bobby Cho
- The firm engages in equity deals, but to date, most of its capital has been deployed in token deals involving the tokens of DeFi protocols or the associated tokens of blockchain protocols
- In total, the firm’s active portfolio consists of at least 41 startups and protocols across seven verticals, which The Block has mapped out
The price of bitcoin has dipped below $48,000 from nearly $57,500 on Monday as derivatives positions worth almost $6 billion get force liquidated by crypto exchanges.
The post Bitcoin dips below $48,000 as nearly $6 billion in crypto futures are liquidated appeared first on The Block.
TD Ameritrade’s former head of digital assets is headed to the Federal Reserve as its chief innovation officer.
The post Former head of digital assets for TD Ameritrade is now the Fed’s chief innovation officer appeared first on The Block.
The U.S. Senate has set the date for the confirmation hearing of Gary Gensler, President Joe Biden’s nominee to be the next chair of the Securities and Exchange Commission.
The post Biden SEC nominee Gary Gensler set for March 2 confirmation hearing appeared first on The Block.
One of the largest trading firms in the world is operating behind the scenes of a brand new exchange-traded fund in Canada.
The post Virtu Financial leans into crypto as designated market maker for Canadian bitcoin ETF appeared first on The Block.
