Billionaire Hedge Funder Bill Ackman Mulls Bitcoin
The activist investor has previously mostly steered clear of any involvement in crypto.
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Solana Client Developer Jito Announces End of ‘Mempool’ Function
The mempool was a key part of its technology stack that nonetheless allowed for “sandwich” attacks.
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Wyoming Grants DAOs New Legal Structure
The governor signed a law setting up a meşru status – “decentralized unincorporated nonprofit associations” – for DAOs there, and one investment firm called Wyoming an “oasis.”
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Appeals Court Revives Aspiring Class Action Lawsuit Against Binance
The ruling doesn’t have any implications on whether certain crypto tokens are securities.
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Meme Coin Frenzy Drives Ethereum Network Fees to Nearly 2-Year High: IntoTheBlock
The increased network activity is benefitting ether investors by burning the token’s supply at a faster pace, but it has also made Ethereum “unusable” for many due to sky-high transaction costs, IntoTheBlock analysts noted.
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BlackRock Plans to Acquire Spot Bitcoin ETPs for Its Global Allocation Fund
Thursday’s filing with the SEC, follows an update earlier this week to add bitcoin ETPs to BlackRock’s $36.7B AUM Strategic Income Opportunities Fund.
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DCG’s Barry Silbert Pitched Genesis-Gemini Merger in a Drastic Bid to Save the Lender in 2022
Silbert’s motion to dismiss the New York Attorney General’s $3 billion lawsuit contains emails from around the time 3AC failed and the Genesis and Gemini loans business began to seize up.
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Crypto Investment Scam Losses in U.S. Grew 53% to $3.94B in 2023: FBI
Overall, investment fraud grew by 38% to $4.57 billion from $3.31 billion, according to the bureau’s Internet Crime Report 2023, with crypto being the largest type of scam.
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SHIB’s 106% Move Higher Led CoinDesk 20 Gainers Last Week: CoinDesk Indices Market Update
Bitcoin cash and ethereum classic also posted significant gains as all 20 cryptos in the gauge appreciated.
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‘Groundhog Day’ in Crypto as Bitcoin Again Plunges Following New Record
The world’s largest crypto briefly rose above $70,000 Friday, but immediately tumbled more than 3% to below $67,000.