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Read More »Bitcoin Jumps 5% on Grayscale Ruling, While Crypto-Related Stocks Soar More Than 10%
Among publicly-traded crypto names moving higher are Coinbase (COIN), up 13% and MicroStrategy (MSTR), up 9%. The thoroughly roughed-up miners are posting even bigger moves, with Marathon Digital (MARA) ahead 24%, and Riot Platforms (RIOT) and Hut 8 Mining (HUT) each gaining 16%.
Read More »First Mover Americas: Is Bitcoin Close to Breaking Out of Its Current Range?
All of FTX founder’s Sam Bankman-Fried’s proposed witnesses should be disqualified from testifying because their disclosure filings are insufficient, their experience may be misleading or their planned testimony may not be relevant, prosecutors said in a late Monday filing. Bankman-Fried’s team, for its part, wants to exclude a financial analysis …
Read More »Tokenized U.S. Treasuries Arrive to XDC Network as Digital Bond Market Grows
The U.S. Treasury Yield (USTY) tokens represent blockchain-based versions of shares in a U.S. Treasury bond exchange-traded fund (ETF), and are accessible for professional investors on Tradeteq’s Yieldteq platform. Tokenization service provider Securitize onboards buyers, tracks share ownership and manages dividend payouts.
Read More »Yearn Finance Voters to Wintermute: Drop Dead
The YFI loan “would be rather stupid for us not to return,” he wrote in forum posts. But Yearn’s voters questioned the logic of trusting self-declared “reputable” companies after blowups of FTX, Alameda, Celsius and other failed whales. As a concession, Wintermute agreed to post CRV tokens as collateral in …
Read More »FTX Customers Hit by ‘Withdrawal’ Phishing Mails After SIM Swap Attack
“You have been identified as an eligible client to begin withdrawing digital assets from your FTX account,” an email sent to several FTX creditors viewed by CoinDesk read. “Withdrawals will be dispatched in USDC matched to the balance of digital assets held in your wallet at the time of platform …
Read More »Binance to Offer ‘T+3’ Daily BNB/USDT Options
T+3 refers to the obligation to settle securities trades by the third day following the trade date. In other words, users can trade the T+3 daily options two days before the expiry day. The options, therefore, will have an initial lifetime of three trading days at the time of introduction.
Read More »SUI and HBAR Slump Ahead of Latest Crypto Token Unlocks
Data aggregated by TokenUnlocks shows that Sui plans to increase its allocation of tokens earmarked for staking subsidies from 967,740 to 1 million SUI, worth around $540,000. At the same time, Hedera will allocate 1.15 billion HBAR, or $64.3 million, split between network governance, purchase agreements and ecosystem development.
Read More »Sam Bankman-Fried Appeals Decision Jailing Him Ahead of Trial: Reuters
Bankman-Fried is currently locked up at the Brooklyn Metropolitan Detention Center which his lawyers have argued multiple times interferes with his preparation for trial, which is a constitutional right. He is set to go on trial on allegations of wire fraud, commodities fraud, securities fraud, money laundering and related conspiracy …
Read More »A Crypto President? Top U.S. 2024 Contenders Aren’t Fans, and Rivals Are Way Behind
As the top GOP candidates spun out their well-rehearsed positions – minus former President Donald Trump, who decided not to show up to the first debate’s Milwaukee stage – they avoided mentions of cryptocurrencies or digital-assets regulation, despite its rising status as a priority in Congress and among financial regulators …
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