Bitcoin Stable Near $71K as GBTC Outflows Pick Back Up
The Thursday total ETF flow was negative, with GBTC leading the pack
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Ethena Labs Divides Opinion as High Yield Stirs Memories of Terra
“A lot of things can go wrong,” in Ethena’s yield-generation strategy, said Folkvang CEO Mike van Rossum.
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Top U.S. House Lawmakers Meet on Stablecoin Bill Strategy: Punchbowl
House Financial Services Committee Chairman Patrick McHenry and the panel’s ranking Democrat, Maxine Waters, reportedly met with the Senate’s majority leader on next steps.
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Ondo Spikes 8% as Ondo Finance Tests Instant Conversion From BlackRock’s Tokenized Fund to USDC
Stablecoin issuer Circle introduced a new smart contract function earlier Thursday to allow near-instant, around-the-clock redemptions from BlackRock’s BUIDL fund for USDC stablecoins.
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Thai Crypto Exchange Bitkub May Be Valued as High as $3B in IPO: CEO
Jirayut Srupsrisopa said earlier this month that an IPO was planned for next year.
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Aptos Falls 16% Over Past Week, Lagging Ahead of $300M Token Unlocking Event
Unlocks are scheduled releases of previously locked-up cryptos to prevent early investors and insiders from selling tokens in large numbers.
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Avi Eisenberg May Testify in $110M Crypto Fraud Trial, Defense Says
The crypto trader is facing up to 20 years in jail if convicted on all counts.
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Craig Wright Drops Appeal Against Hodlonaut in Norway
Wright’s decision to drop his appeal comes a month after a U.K. court ruled that he was not Satoshi Nakamoto.
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FTX Founder Sam Bankman-Fried Appeals Fraud Conviction
Bankman-Fried was convicted last year on fraud and conspiracy charges.
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Ethereum’s Next Upgrade, ‘Pectra,’ Could Include Relief for Institutional Stakers, Wallet UX Improvements
Developers’ aim with Pectra is to make some minor code changes while simultaneously working on a bigger code change, Verkle trees, for the following upgrade.