«While Chainalysis continues to be well positioned for long-term success as a consistently top-performing software company, we are very focused on growing efficiently and, due to market conditions, believe it necessary to reduce our expenses at this time. We remain committed to our mission to build trust in blockchains among …
Read More »Bitcoin Slumps Below $28K as Yields Spike; Ether Futures ETFs Fizzle on Lukewarm Investor Interest
The crypto market, especially bitcoin, has seen a sizable rally recently, influenced by factors like the SEC’s ether futures ETFs approvals and other government decisions, QCP Capital wrote in a recent note, highlighting that bitcoin has gained 15% in the last two weeks. However, QCP has concerns regarding the rally’s …
Read More »Ether Futures ETFs See Low Volume in First-Day Trading
A total of nine of the ETFs offering exposure to ether futures came to market on Monday. Five will hold only ether futures, while four will hold a mix of bitcoin and ether futures. One of those funds, Valkyrie’s Bitcoin Strategy ETF (BTF) – soon to be renamed – has …
Read More »Congress Can’t Let Gary Gensler Regulate Digital Assets Out of Existence
Despite the boom in blockchain technology and digital assets, bureaucrats like Securities and Exchange Commission (SEC) Chairman Gary Gensler want to stifle their development in the United States through unlawful, overbearing regulations based on a misguided approach that lacks understanding of their potential. Thankfully, the courts have slapped down Gensler’s …
Read More »Sam Bankman-Fried’s Closest Friends Will Testify Against Him. Here’s Who Else We’ll Hear From
UK Regulator Saw ‘Poor’ Engagement From Some Overseas Crypto Firms on Upcoming Ad Rules
“You will appreciate we can’t comment on specific firms but what we can say is that, of course, where firms are making decisions to actually get to the standards we want to see, that’s really positive,” said Matthew Long, director of payments and digital assets at the FCA.
Read More »Chia Network Lays Off Third of Its Staff as Loss of Banker Delayed Going Public
While the crypto company slashes its staff, it’s also looking to sell from its stockpile of its own token, XCH, Hoffman said. That mountain of 21 million XCH represents almost three quarters of the supply of those coins, with nearly 9 million in current circulation, but Hoffman said the company …
Read More »Protocol Village: Space and Time’s ‘Proof of SQL’ Verifier to Run Natively on Chainlink
Oct. 2: Space and Time (SxT), a Web3 data warehouse, announced at Chainlink’s SmartCon conference this week that its “Proof of SQL, a zk-proof for SQL queries, will natively run its zk-Verifier on Chainlink nodes, enabling verifiable, zk-proven query results for smart contracts, AI models, and enterprises,” according to a …
Read More »Crypto Investment Firm Deus X Capital Launches With $1B in Assets
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Read More »FTX ‘Hacker’ Moved 15K ETH This Weekend
In November 2022, hours after FTX and its related companies filed for bankruptcy, an unknown party managed to drain various wallets of as much as $600 million. About $26 million worth of ETH – 15,000 ether – sat in a single wallet until earlier this weekend, when a first tranche …
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