Bankrupt Bitcoin Miner Core Scientific to Buy 27K Bitmain Servers for $77M
The deal will see Bitmain receive $53.9 million worth of common CORZQ stock.
Ether Prices to Stabilize as Options Market Makers Hedge Their Books, Analyst Says
Ether options dealers have built a net positive or long gamma exposure and are likely to buy low and sell high, arresting the price volatility ahead of next Friday’s derivatives expiry.
Ethereum’s Shanghai Upgrade Has Failed to Boost Network Activity, JPMorgan Says
Daily transactions, daily active addresses and total value locked on Ethereum have all fallen since the upgrade, the report said.
Japanese Exchange GMO to Offer XRP Users Yen for Delayed Songbird Airdrop
The handouts are part of a token airdrop whose snapshot took place in 2020.
Binance, U.S. Affiliate, Changpeng ‘CZ’ Zhao File to Dismiss SEC Lawsuit
The motions to dismiss leans on major questions doctrine claims, among other arguments.
Sam Bankman-Fried Will Remain in Jail Through the Start of His Trial
An appeals court rejected his attorneys’ attempt to free him in the run-up to the trial.
Nouns DAO’s $27M Revolt Reveals Toxic Mix of Money-Hungry Traders and Blockchain Idealists
It wasn’t only the $90,000 spent on naming rights for a rare Ecuadorian frog species that turned off members of this decentralized blockchain-powered community project; some savvy arbitrageurs just wanted their share of the project’s treasury.
Bitcoin Slides to $26.5K Amid Surging U.S. Dollar; Record-High Rates Are ‘Nightmare’ for Crypto Firms
The 10-year Treasury rate surging to a 16-year high and equity markets selling off could push BTC lower, one trading firm said.
Judge Blocks Sam Bankman-Fried’s Proposed Witnesses From Testifying
The defense can try again to put some of them on the stand, though the U.S. Justice Department may still object, Judge Lewis Kaplan wrote.
‘You Can Do Nothing’: Crypto Trading Titans Are Yelling at Each Other on Elon Musk’s X
“I never thought that you could be THAT scared of us,” DWF’s Andrei Grachev posted on X. Wintermute’s Evgeny Gaevoy: “We are trembling in your presence.”