A New Kind of Insider Trading? Hegic’s DeFi Bets Might Attract SEC’s Attention, Experts Say
“It seems like there’s smoke here, and it may be worth an investigation to see if there’s a fire,” a finance professor said.
UK Publishes Regulations for a Digital Securities Sandbox
The sandbox will let regulators and companies test solutions, including distributed ledger technology, to tokenize securities.
Bitcoin Fees Spike to 2-Year High as Ordinals Bonanza Gives Windfall Profit to BTC Miners
Share prices of publicly listed bitcoin mining companies are “on fire” thanks to high transaction fees, one analyst said.
Galaxy Digital Looking to Buy More Crypto Bankruptcy Assets After Deal to Sell FTX’s Coins: FT
Mike Novogratz’s firm is also interested in companies FTX invested in as a venture capital provider.
Revolut to Suspend UK Crypto Services Citing FCA’s New Ad Rules: CityAM
Many crypto firms have had to withdraw their services to adjust to the Financial Conduct Authority’s promotions rules which came into effect in October.
Bitcoin ETF Ad War Officially Underway With Bitwise Campaign
The short görüntü advertisement featured the actor best known for portraying the “Most Interesting Man in the World.”
Metis, Ethereum Layer-2 Network, Creates $100M Fund as Decentralized Sequencer Launch Nears
The distribution of funds is planned for the first quarter of 2024, and supposed to occur a week after Metis’ decentralized sequencer will go live.
Circle Issues Euro-Backed Stablecoin EURC Natively on the Solana Blockchain
Circle aims to boost around-the-clock foreign exchange transactions and remittances by deploying EURC on Solana.
Fairshake Super PAC Raises $78M to Support Crypto Candidates in 2024 U.S. Election
The group has support from a16z, Ark, Circle, Ripple, Coinbase and more.
First Mover Americas: Bitcoin Struggles to Gain Momentum; FTX Files Plan to End Bankruptcy
The latest price moves in crypto markets in context for Dec. 18, 2023.