The bankrupt miner received court approval for its Chapter 11 reorganization plan and plans to re-list shares on Nasdaq end of January.
Wash trading volumes on Ethereum NFT marketplaces have fallen to 1.8% of total USD volume, the lowest rate in more than a year.
An unknown attacker appears to have drained millions worth of stablecoins and other tokens from the bridging aggregator Bungee.
The mainstreaming of AI means compute power is at a premium. Decentralized Physical Infrastructure Networks (DePINs) can fill a gap, says Shayon Sengupta, at Multicoin Capital.
Coinbase is about to make its case in a federal courtroom that the U.S. Securities and Exchange Commission (SEC) is wrong about its legal arguments that the crypto exchange has been trading unregistered securities. What the New York judge does next could have serious consequences for the wider industry’s clashes with the regulator.
An analyst said that the approval of spot ETFs by the SEC has elevated the risk of shorting bitcoin by sophisticated market participants.
Go to Source Author: Rachel Lin
The approval of Bitcoin ETFs last week sets up a potential fight between Bitcoin Maxis and giant Wall Street institutions, says Michael Casey.
The top three spot bitcoin ETFs by volume are so far gobbling up the lion’s share of trading among the 11 crypto-based financial instruments.
Cantor Fitzgerald CEO Howard Lutnick vouched for stablecoin issuer Tether’s legitimacy on Tuesday, addressing what has been one of the big questions in crypto over the years as its stablecoin, USDT, has grown into a behemoth: Does Tether have the money it says it does.
