Scores of Friend.tech Users Remain Active Even as Trading Volumes Drop 95%
Falling revenues have led some market commenters to say the platform has “gone dead.” But has it?
Gemini Opposes Genesis Bankruptcy Plan: ‘Woefully Light on Specifics’
Attorneys for crypto exchange Gemini argued that a proposed resolution for Genesis’ bankruptcy doesn’t have enough detail or provide any assurances for some if its largest debtors in a new filing Wednesday.
Grayscale’s SEC Victory May Render Alameda’s Redemptions Lawsuit Unnecessary, Bloomberg Analysts Say
The ruling could lead to Grayscale’s GBTC converting into a bitcoin ETF, which would allow redemptions, making Alameda’s suit unnecessary, Bloomberg Intelligence analysts said in a note on Wednesday.
Bitcoin Slips to $27.2K, Cryptos Dip as Investors Digest Grayscale’s Court Win
Some signs suggest potential market weakness despite Tuesday’s rally, market observers noted.
Save a Tree, Use Web3
Distributed technologies can reshape supply chains, and help consumers and businesses to make more responsible decisions.
StarkWare Restores Crypto Access for Delinquent Wallet Updaters, After Complaints on X
After users complained on X, StarkWare walked back on a move in which it implemented an upgrade that made users’ funds inaccessible.
Sam Bankman-Fried Lawyers ‘Need’ Him Out Of Jail Ahead of Trial, They Tell Judge
Sam Bankman-Fried (Elizabeth Napolitano/CoinDesk)
The Protocol: Friend.tech Fades as Crypto Craze, but Ethereum Is Scaling
This week in blockchain tech: Polygon’s new “chain development kit,” Farcaster’s move to Optimism, Shibarium’s return and Interlay’s new Bitcoin layer-2 network, and Pancake Swap expands to Consensys’s Linea.
SEC’s Grayscale Court Rout Puts Agency in Will-They, Won’t-They Role Starring Gensler
The crypto industry’s campaign to set up exchange-traded funds (ETFs) has now pushed the U.S. Securities and Exchange Commission against a wall with Grayscale Investments’ consequential court win, but it’s still up to the agency to decide whether to retreat or keep fighting.
An Open Letter to President Biden Regarding Bitcoin Mining
(Tabrez Syed/Unsplash)