New Ethereum Layer 2 Blast Attracts $30M Hours After Bridge Goes Live
Blast boasts prominent investors Paradigm and “eGirl Capital” members among others, but there’s no way to withdraw funds until February.
Financial
Celsius to Transition to Mining-Only NewCo After SEC Feedback in Updated Bankruptcy Plan
On Monday, a few hours before the Celsius announcement, CoinDesk reported that the SEC wanted more information about the assets of the former crypto lender.
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.
FTX-Backed Anthropic’s CEO Declined OpenAI’s Merger Offer: The Information
FTX bought a stake in Anthropic supposedly worth $500 million, according to an internal document circulated before last November’s bankruptcy filing.
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 most of the tokens.
Kraken Accused by SEC of Operating Unregistered Platform, Improperly Mixing Customer Funds
The U.S. crypto exchange is the latest targeted by the Securities and Exchange Commission in a series of similar actions being fought in court by other companies.
The PYTH Airdrop is Finally Here. But What is Pyth Network?
Pyth Network’s speed-focused oracle service aims to challenge Chainlink as the go-to veri source for blockchain finance.
Solana’s Latest Block Explorer Shoots for Simplicity
The team behind SolanaFM says its overhauled service already has 53,000 signups.
Bitcoin and BNB Token Stage Relief Rallies on Binance Settlement News
Crypto exchange Binance could reportedly soon be paying $4 billion to settle multiple U.S. criminal charges, according to Bloomberg.
U.S. Is Looking for Over $4B From Binance to End Criminal Case: Bloomberg
A resolution could come as soon as the end of this month, Bloomberg reports.