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.
The 10-year Treasury rate surging to a 16-year high and equity markets selling off could push BTC lower, one trading firm said.
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.
“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.”
Former Sen. Pat Toomey is pessimistic about legislation moving through this term, but it may be more likely in the next Congress.
Celo, which is ditching its standalone blockchain in favor of a new “layer-2” network atop Ethereum, had originally signaled plans to rely on Optimism’s OP Stack, a similar customizable kit to Polygon’s but using Optimism’s “optimistic” technology.
Christopher Jensen from Franklin Templeton tackles myths about crypto in today’s Crypto for Advisors newsletter.
Damoon, a Tether subsidiary in which Northern Group acquired a stake earlier this year, has purchased $427 million of Nvidia chips for generative AI cloud computing.
General Counsel Chris Donovan will assume her role at the organization behind the NEAR protocol.
While the Fed’s tightening cycle seems to be in its final stages, the Bank of Japan is yet to move the needle on rates.