Bank of England Publishes Plans to Regulate Wide-Use Stablecoins
The U.K. government published plans for regulating crypto last week.
SOL Drops 5% as FTX Estate Transfers Tokens to Binance, Kraken
The $30 million transfer takes the total SOL moved to exchanges to $102 million, the most out of any liquid asset, while the token’s price is near the highest in a year.
GROK Tokens, Inspired by Elon Musk’s ChatGPT Rival, Pop up on Blockchains
While unrelated to the actual Grok service, the inspired tokens are quickly gaining a following among low-cap traders.
There Is No Reason Not To Be Bullish on Bitcoin After Payroll Data, Crypto Expert Says
We’re seeing decent progress on the CPI and hourly earnings trends, giving room for the Fed to speak in a continued dovish tone, Amberdata’s Greg Magadini said.
FTX Wants to Sell $744M Worth of Grayscale, Bitwise Assets
Apart from using an investment adviser, the debtors have proposed setting up a pricing committee in which all stakeholders are represented.
The Simpsons Take a Dig at NFTs, Crypto in ‘Treehouse of Horror’ Episode
“Remember how we were always saying we wish Bart was less fungible,” Homer asks Marge after he puts his son on-chain.
Hong Kong Now Considering Spot Crypto ETFs for Retail Investors: Bloomberg
The move comes a month after authorities in the City updated financial regulations to allow for retail investors to buy spot crypto ETFs.
Crypto Trader Avi Eisenberg’s $110M Fraud Trial Delayed Until April 2024
The alleged Mango Markets exploiter said he needs more time to prepare for trial.
NFT Marketplace OpenSea Cuts Staff
The NFT platform, used to trade Bored Apes and Pudgy Penguins, laid off 50% of its employees as digital arka collectibles’ floor prices continue to fall.
Bitcoin Stalls at $35K as Gains Flow to Altcoins in Crypto’s ‘Early Bull Market Rotation,’ Analyst Says
Layer 1 cryptocurrencies and DeFi tokens soared this week as bitcoin and ether chopped sideways.