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New Ethereum Layer 2 Blast Attracts $30M Hours After Bridge Goes Live

New Ethereum Layer 2 Blast Attracts $30M Hours After Bridge Goes Live

Blast boasts prominent investors Paradigm and eGirl Capital among others, but there’s no way to withdraw funds until February.

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Celsius to Transition to Mining-Only NewCo After SEC Feedback in Updated Bankruptcy Plan

Crypto lender Celsius will transition to a new company that focuses only on Bitcoin mining, a shift from an earlier reorganization plan that included a focus on staking too.

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Polymarket Traders Betting on Sam Altman’s Fate Have Become Bipolar

24 hours ago, prediction markets were almost certain that Altman wouldn’t be back as OpenAI’s CEO. Now the market’s answer to that question has changed twice.

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FTX-Backed Anthropic’s CEO Declined OpenAI’s Merger Offer: The Information

FTX-backed artificial intelligence company Anthropic’s CEO and co-founder Dario Amodei declined an offer from OpenAI’s board of directors to merge, according to a news report.

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Tokens In SEC’s CrossHairs Are Posting Double Digit Year-To-Date Returns

The Securities and Exchange Commission is doubling down on its allegations that certain crypto assets are securities. These allegations haven’t dampened investor enthusiasm for the tokens.

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Kraken says products remain unaffected amid SEC’s new ‘disastrous’ lawsuit

Kraken said the SEC is ‘demanding compliance with a regime that doesn’t exist’ in response to latest lawsuit against the crypto exchange.

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SEC files new lawsuit against Kraken for allegedly operating online trading platform without registering

The SEC sued Kraken parent firms, Payward and Payward Ventures, for allegedly operating as an unregistered online trading platform.

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Kraken Accused by SEC of Operating Unregistered Platform, Improperly Mixing Customer Funds

Crypto exchange Kraken commingled customer and corporate funds while operating as an unregistered broker, clearing agency and dealer, the U.S. Securities and Exchange Commission (SEC) alleged in a new lawsuit Monday.

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Bittrex Global to wind down operations, urges customers to withdraw funds

After exchange’s market share in the U.S. collapsed and it ran afoul of SEC, Bittrex Global is now closing its global division.

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Bitcoin transaction costs surpass those on Ethereum amid Ordinals resurgence

In the last week alone, Bitcoin’s average transaction fee increased 48.4% from $8.59 on Nov. 12 to $12.75 on Nov. 19.

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