Bernstein analysts expect further consolidation ahead of Bitcoin’s halving event in April, with the bull market then continuing.
The bankrupt crypto lender Genesis Global Capital has agreed to a final judgment ordering it to pay $21 million to settle charges with the U.S. Securities and Exchange Commission (SEC) for violating securities laws by offering and selling its now-defunct Gemini Earn program, the SEC announced Tuesday.
Several allies joined Coinbase Inc. (COIN) in its court fight against the U.S. Securities and Exchange Commission (SEC) to force the agency to rethink its refusal to write specific rules to govern the crypto industry, with Paradigm, the Crypto Council for Innovation and others filing outside arguments with the circuit court.
The Block is expanding its business with the launch of Emergence, a premier global conference to take place at The Prague Congress Center.
BlackRock Managing Director Tony Ashraf explained the company is seeing three key areas that are driving demand from its clients.
Genesis’ payment to the SEC will only follow the payment of all allowed claims by the bankruptcy court, including retail investors from Gemini Earn.
Sygnum tokenized Matter Labs’ treasury reserves onto the zkSync Layer 2 in the form of Fidelity International’s Institutional Liquidity Fund (ILF) security tokens.
The bitcoin mining software and services company partnered with Bitnomial to offer cash-settled hashrate futures.
Investment bank Goldman Sachs, which has been actively investing in the crypto space, has also been looking at crypto bankruptcy claims.
MicroStrategy now holds approximately 214,246 BTC ($13.5 billion), which is more than 1% of all the 21 million bitcoin that will ever exist.
