Celsius Revamp Plan Hits Speed Bump With SEC: Source
The U.S. Securities and Exchange Commission wants more information about the assets of the former crypto lender, which is reorganizing through bankruptcy, a person familiar with the matter said.
Finance
Pyth Token Debuts Near $500M Valuation as 90,000 Wallets Receive Airdrop
Pricing oracle network Pyth has issued its native token [PYTH] with 90,000 wallets being eligible to receive the airdrop.
Fidelity Wants to Create an Ether ETF, Joining BlackRock in Doubling Down on Crypto
Gary Gensler’s SEC must now decide what to do about multiple applications for BTC and ETH ETFs (Jesse Hamilton/CoinDesk)
OpenAI Ousts Sam Altman From CEO and Board Roles; Worldcoin Drops 12%
Artificial intelligence (AI) company OpenAI ousted Sam Altman as CEO and from the board, the board of directors announced in a blog post Friday.
SEC Delays Decisions on Franklin Templeton and Global X Spot Bitcoin ETFs
The move was expected and isn’t having any immediate effect on the bitcoin price.
Jump Trading, Wormhole Part Ways Amid Tough Crypto Market: Bloomberg
Although Jump has been scaling back its crypto-related operations, the reason for the business’ parting of ways remains unclear, Bloomberg reported.
Republic’s Profit-Sharing Token on Avalanche Will Pay Investors VC Dividends
Republic Crypto is launching R/Note, a tokenized security whose owners get payouts from the company’s venture exits. It will live atop the Avalanche blockchain.
More Bitcoin ETF Rejections ‘Quite Likely,’ BitGo’s Belshe Says
BitGo CEO Mike Belshe said it’s “quite likely” the Securities and Exchange Commission (SEC) will reject a series of spot bitcoin ETF applications despite industrywide optimism.
Strike Rolls Out Bitcoin Purchases To Users Globally
Bitcoin payments firm Strike has expanded its services on a global scale, now allowing users in 36 countries (soon to be 65+) beyond the U.S. to buy bitcoin through the app, founder Jack Mallers announced in a blog post Thursday.
Bitcoin-Focused Ordinals Project Taproot Wizards Raises $7.5M in Seed Round
Taproot Wizards, which describes itself as “magic internet JPEGs”, offers a collection of Microsoft Paint images of wizards harking back to a 2013 bitcoin meme: “magic internet money.”