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November 21, 2023

‘Buy the Rumor, Buy the News,’ on Spot BTC ETF, Says One Expert, While Another Warns on Coinbase

With two months to go before the U.S. Securities and Exchange Commission (SEC) faces another set of deadlines to decide on a large number of applications to form spot bitcoin exchange traded-funds (ETFs), analysts are speculating on how approval of such vehicles would impact the crypto industry.

News
November 21, 2023

New Ethereum Layer 2 Blast Attracts $30M Hours After Bridge Goes Live

Blast boasts prominent investors Paradigm and eGirl Capital among others, but there’s no way to withdraw funds until February.

News
November 21, 2023

Celsius to Transition to Mining-Only NewCo After SEC Feedback in Updated Bankruptcy Plan

Crypto lender Celsius will transition to a new company that focuses only on Bitcoin mining, a shift from an earlier reorganization plan that included a focus on staking too.

News
November 21, 2023

Polymarket Traders Betting on Sam Altman’s Fate Have Become Bipolar

24 hours ago, prediction markets were almost certain that Altman wouldn’t be back as OpenAI’s CEO. Now the market’s answer to that question has changed twice.

News
November 21, 2023

FTX-Backed Anthropic’s CEO Declined OpenAI’s Merger Offer: The Information

FTX-backed artificial intelligence company Anthropic’s CEO and co-founder Dario Amodei declined an offer from OpenAI’s board of directors to merge, according to a news report.

News
November 21, 2023

Tokens In SEC’s CrossHairs Are Posting Double Digit Year-To-Date Returns

The Securities and Exchange Commission is doubling down on its allegations that certain crypto assets are securities. These allegations haven’t dampened investor enthusiasm for the tokens.

News
November 20, 2023

Kraken Accused by SEC of Operating Unregistered Platform, Improperly Mixing Customer Funds

Crypto exchange Kraken commingled customer and corporate funds while operating as an unregistered broker, clearing agency and dealer, the U.S. Securities and Exchange Commission (SEC) alleged in a new lawsuit Monday.

News
November 20, 2023

The PYTH Airdrop Is Finally Here. But What Is Pyth Network?

Pyth Network’s speed-focused oracle service aims to challenge Chainlink as the go-to data source for blockchain finance.

News
November 20, 2023

Ali Yahya, Andreessen Horowitz: ‘Many Fair Weather VCs Have Pivoted’

A16z’s general partner tells Jeff Wilser why the blue-chip venture fund is “100% committed on crypto as a space.”

News
November 20, 2023

Bitcoin and BNB Token Stage Relief Rallies on Binance Settlement News

Crypto exchange Binance could reportedly soon be paying $4 billion to settle multiple U.S. criminal charges.

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