Do Kwon, Terraform Labs Win In Court But SEC Secures Victory In Securities Ruling
Judge Jed Rakoff of the U.S. District Court for the Southern District of New York has granted summary judgment over the SEC's claim that Terraform Labs, the blockchain firm co-founded by Kwon, offered unregistered securities and security-based swaps.
Coinbase Founders, Top Execs Lead COIN Shares Sell Off Ahead Of Spot Bitcoin ETF Deadline
Data also showed that Coinbase executives, including CFO Alesia J. Haas, Director Rajaram Gokul, and COO Choi Emilie offloaded millions of dollars worth of shares this month alone.
ARK Offloads GBTC Stake To Fund Ark 21Shares Bitcoin ETF: Analyst
Half of the proceeds from ARK Invest's GBTC sale, approximately worth $100 million, were used to purchase the BITO Bitcoin Futures ETF.
Singapore Welcomes World ID Verification Debut As Worldcoin Struggles In Red Zone
Worldcoin's efforts seem to have been paying off slowly, with its crypto WLD seeing impressive gains over the past 30 days.
Shibarium Surpasses 200M Transactions; SRC-20 Tokens Now Support SHIB Burns
Just four months after its initial launch, Shibarium has processed over 200 million transactions, highlighting the L2 blockchain's ability to handle large volumes of transactions efficiently.
MicroStrategy Increases Bitcoin Holdings By More Than $615M Ahead Of Spot ETF Approval Deadline
The latest purchase places MicroStrategy's total Bitcoin holdings at 189,150 BTC, acquired at an aggregate price of $5.895 billion, at an average price of around $31,168 per BTC.
Binance Founder CZ Still A Billionaire Despite Legal Woes, Ends 2023 Nearly $25B Richer
The 46-year-old billionaire, who founded Binance in 2017, has a net worth of $37.2 billion, which means his wealth saw a year-to-date increase of $24.6 billion.
Spot Bitcoin ETF Approval Will Have Short-Term Impact On BTC Price: Cathie Wood
Wood's ARK Invest is collaborating with 21Shares on Bitcoin and Ethereum Futures ETF products and its ARK 21 Shares Bitcoin ETF is among the first proposal subject to SEC's final decision on Jan. 10.
Grayscale Surrenders To SEC's Preferred Creation/Redemption Model, Submits Amended Bitcoin ETF Application Following Silbert's Resignation
Like BlackRock and ARK, Grayscale also initially said it would use the in-kind creation and redemption model on its spot Bitcoin ETF. But as Wall Street giants ironed out details with the regulator – probably looking to be a part of the first wave of applications to be approved by the commission in the early part of January – almost all of them, surrendered.
Mt. Gox Starts Paying Creditors Via PayPal After Nearly A Decade
In a Reddit thread, several users claimed to have received payments from the now-defunct Bitcoin exchange distributed via Japanese Yen-denominated refund on PayPal.
Tether Mints 'Authorized But Not Issued' $1B USDT To Replenish Inventory
The newly minted USDT will not be introduced to the market right away but will serve as reserved tokens for future distribution needs or chain swaps whenever needed.
Barry Silbert Steps Down As Grayscale Investments' Chairman Of The Board
Silbert, who is the CEO of the Digital Currency Group -- the parent company of Grayscale -- resigned from his post effective Jan. 1, 2024.
Solana Flips Bitcoin, Ethereum In Weekend Trading Volume, As Price Rally Continues
Solana has flipped Binance Coin (BNB) and Ripple's XRP since Monday and continued to retain its spot as the fourth-largest crypto asset by market capitalization.
Shibarium Nears 200M Total Transactions; Analyst Reveals How Shiba Inu's L2 Can Send SHIB Price Surging
Bitget Research's chief analyst Ryan Lee explained that while Shibarium missed several key moments in the broader crypto market that could have impacted the price of Shiba Inu, it can still deliver on its promise if it can "attract users and developers."
Solana's Price Surge Leads To Record-Breaking Metrics As It Flips BNB, XRP
When FTX declared bankruptcy in November 2022, many expected that Solana would not bounce back and would trade at a meager $10. However, it rose from the ashes and was trading above the $100 threshold.
Binance Spot Volume Market Share Nosedives Following Regulatory Troubles In US
The crypto exchange platform founded in July 2017 by its former CEO Changpeng Zhao (CZ) saw an 18% drop in its spot volume market share amongst centralized exchanges decline.
Shiba Inu Burns Surge By 5000% While Trillions Of Tokens Leave Exchanges
Transactions between $0.00 and $1.00 increased by 25.71% in the last 30 days, while transactions above $1 million saw a 150% spike in the same period.
MEXC Clarifies Deletion Of X Account Amid Fears That Firm Could Be In Trouble
The statement from MEXC came as there was widespread confusion due to the sudden removal of the X (formerly Twitter) account named "MEXC_CEO," which many believed to have belonged to the crypto exchange platform's chief executive officer John Chen Ju.
Bitcoin ETF Applicants May Have To Face One More SEC Hurdle Before Approval, Says Analyst
Over the past few weeks, several companies, including Blackrock and ARK, amended their S-1 registration with the SEC, to make it to the supposed first batch of approved spot Bitcoin ETF issuers.
SEC Signals First Wave Of Spot Bitcoin ETF Approvals In January
SEC officials reportedly informed issuers that those who were not able to meet the deadline set by the commission would not be included in the "first wave" of approvals scheduled in the early part of January.
SEC Increases Number Of Meetings With Spot Bitcoin ETF Applicants As Deadline Nears
Last week, the SEC reportedly called every applicant and offered them two choices: amend their filings by including cash creation and redemption model or else wait.
BlackRock Reveals Plan That Seemingly Confirms Spot Bitcoin ETF Approval In January
This detail was first caught by Bloomberg Intelligence ETF analysts, and for Eric Balchunas, it highlights the big bump from the $100,000 BlackRock seeded to the fund in October, as well as the timeline for when the firm plans to seed it again.
Coinbase, Circle Obtain Regulatory Approval, Secure License In France
French regulatory authorities granted regulatory approvals to foreign cryptocurrency businesses Coinbase and Circle on Thursday.
WLD Nosedives Over 20% As Crypto Project Exits Brazil, France, India
Worldcoin said it plans to open its operation again in India in 2024.
Judge Approves Protective Order In SEC Vs Terraform Labs Case, Court Filings To Stay Confidential
The SEC and Terraform Labs have agreed to the terms approved by the court, requiring both parties to not disclose materials marked as confidential. All discovery filings marked as confidential should also be sealed.
Spot Bitcoin ETF In US To Get 'Green Light' On Jan. 10: Report
Besides approving ARK's spot Bitcoin ETF, it is believed that the regulator could also give the go signal to several other applications on Jan. 10, a report said, citing a recent SEC guideline seen by "sources close to these firms."
SEC Reportedly Calls Every Bitcoin ETF Issuer To Either Amend Application With 'Cash Creates' Or Wait
The idea of batch approvals was first mentioned by ARK's Cathie Wood in August. She said the SEC might approve multiple BTC ETF filings simultaneously, but not within the expected deadline.
Ledger Promises Refund To Users Impacted By ConnectKit Attack
Ledger also revealed that it will discontinue the blind signing practice on devices, which it plans to see fully implemented by June 2024.
Bitfinex Makes History As It Issues First Tokenized Bond, Raises 5M In USDT
Bitfinex Securities announced that its first tokenized bond on the Liquid Network has raised over $5 million in USDT.
SBF-Linked Cryptocurrency Rises And Flips Ripple, Grabs Fifth Place On Top Crypto List
Solana survived the selling pressure from holdings in the FTX bankruptcy estate, and its growth is attributed to its flourishing decentralized finance ecosystem.
