Bitcoin Eyes $29K, Defying Fresh Crypto Lawsuit, Rate Fears
The New York Attorney General filed early Thursday a lawsuit against Genesis, Gemini and DCG for allegedly defrauding investors of $1 billion.
The New York Attorney General filed early Thursday a lawsuit against Genesis, Gemini and DCG for allegedly defrauding investors of $1 billion.
Can Sun, FTX’s general counsel from August 2021 to the time of the exchange’s collapse in November 2022, testified in the Sam Bankman-Fried fraud trial.
Andy Baehr, head of CoinDesk Indices, discusses scenarios that could be the drivers of mass adoption in crypto.
Since the end of last year, the number installed worldwide has dropped 7,000, or 17%.
Analysts are speculating over whether the lawsuit might have any implications for its GBTC conversion chances.
The prediction is based on potential inflows of as much as $24 billion.
With multisig security, several custodians control the private keys to the bitcoin being held. BitGo will perform this role alongside Coincover and Kingdom Trust.
The funding round was led by Pantera Capital, and included participations from Susquehanna International Group and HashKey Capital
Southeast Asian super-app Grab is currently piloting the new product to cover gas fees for its Singaporean users if they use NFT vouchers.
The committee will consist of 13 people including officials from Coinbase and the Ethereum Foundation.