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Bitcoin’s price rebounds above $43,000 as macro concerns temper some optimism

Bitcoin’s price rebounds above $43,000 as macro concerns temper some optimism

The price of bitcoin has rallied back above the $43,000 mark with the volatile price action causing the liquidation of over $66 million in leveraged cryptocurrency positions. The world’s largest cryptocurrency by market capitalization increased by over 1.8% in the past 24 hours to $43,317 at 12:00 p.m. ET, according to The Block’s Price Page. The […]

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Bankruptcy Was Crypto Winter’s Circuit Breaker

Societies have often frowned on bankruptcy, viewing it in moral terms as a breach of trust. But, in the wake of 2022’s scandals, the process helped relaunch the crypto industry, says Michael Casey.

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Stablecoin protocol HAI to have airdrop ahead of mainnet launch on Optimism

Over 18,000 qualified participants will receive 22.3% of HAI’s governance token KITE on Feb. 12 through the airdrop.

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Federal Reserve ends enforcement action against FTX-linked Farmington Bank

The Federal Reserve said it has terminated an enforcement action with Farmington State Bank, which had ties to collapsed crypto exchange FTX.

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Treasury Secretary Yellen Says U.S. Needs Better Stablecoin Regulation

“A federal regulator should have the ability to decide if a stablecoin issuer should be barred from issuing such an asset,” she told lawmakers on Tuesday.

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Bitcoin ETFs Mean ‘Substitution’ From Gold Into BTC Will Continue, Says Cathie Wood

While bitcoin’s price is often denominated against fiat currencies, Wood pointed out that even relative to gold, BTC has risen consistently since its early days.

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Layer 2 startup LightLink secures $4.5 million in seed round led by T&B Media Global and MQDC

Company will support “multiverse” project Translucia which is backed by Thailand’s T&B Media Global and MQDC

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Solana network restarts after outage that lasted five hours

The Layer 1 network Solana restarted after around four hours of halted block progression.

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Filecoin liquid leasing protocol Glif raises $4.5 million, offers reward points ahead of token launch

Glif, a Filecoin liquid leasing protocol, has raised $4.5 million in a seed funding round led by Multicoin Capital.

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Filecoin’s Liquid Staker Glif Raises $4.5M, Hints at Token Airdrop

Glif’s “liquid leasing” gives FIL holders a way to earn yield on their assets.

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