Fear of FTX-Spurred Crypto Crash Is Overblown, Analysts Say
Crypto markets slumped Monday amid concern FTX will unload some of its $3.4 billion of crypto assets.
Gemini Blasts DCG and Genesis Bankruptcy Plan, Calling It ‘Misleading at Best’
Under the plan, Gemini creditors would receive a “fraction” of the money they are owed, Gemini’s lawyers said.
Coinbase’s Base Blockchain Hits Record High for Daily Transactions, Eclipsing Rivals
FriendTech, which is only available on Base, is driving a significant portion of the activity, according to IntoTheBlock.
German Finance Heavyweights Develop Fully-Insured Crypto Staking Offering, Plan 2024 Release
Boerse Stuttgart Digital has already obtained a digital asset custody license in Germany.
Ethereum Blockchain Launches ‘Holesky’ Test Network, on First Anniversary of Historic ‘Merge’
The debut of the testing system – designed to be twice as big as the main network so developers can simulate massive scaling, comes a year after Ethereum completed its historic “Merge” shift to a “proof-of-stake” model from the original “proof-of-work” setup that Bitcoin uses.
Hello Holesky, Ethereum’s Newest Testnet
The new network comes after years of growth for Ethereum’s developer community and will replace the Goerli testnet.
Celsius, Core Scientific Resolve Acrimonious Mining Dispute With $45M Deal
Celsius had previously claimed hundreds of millions in damages in a squabble over unpaid dues that led to its mining rigs being powered down.
Binance.US Not Playing Ball With Probe, SEC Says, as Focus Turns to Custody Arm Ceffu
Securities regulators have complained the exchange is unregistered, and worry about assets being shifted overseas.
Most Important U.S. Senator for Crypto’s Future Tells Regulators to Use Existing Powers
Sen. Sherrod Brown, the Democratic chairman of the Senate Banking Committee, called for more crypto transparency and consumer protections in a letter to agency chiefs.
Dueling Digital Dollar Bills Debated in Congressional Hearing on U.S. CBDC
House Republicans want to ban U.S. CBDCs before they’re even formally proposed by the Federal Reserve, but one senior Democrat is pitching a bill that goes the other way.