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.
Finance
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.”
255M Pyth Tokens to Be Airdropped to 90K Wallets Next Week
The Claim Process for the Pyth Network Retrospective Airdrop will open on Monday, Nov 20 at 2 PM UTC.
Crypto for Advisors: Cryptocurrency Transparency Truths vs. Myths
Darwood Khan from Alix Partners looks at on-chain analytics, tracing tools and just how much illicit activity leverages crypto and discusses why advisors should learn about blockchain technology.
CoinShares Secures Option to Buy Valkyrie’s ETF Unit
The option, which expires at the end of March, gives the company a foothold in the U.S. ETF market as speculation whirls around the approval of a spot bitcoin product.
Bitcoin Is Coming to Sushi as DeFi Platform Expands to ZetaChain
The move allows users to access the liquidity of bitcoin on decentralized finance (DeFi) without going through intermediaries like wrappers.
A Physical Dogecoin Could Reach the Moon in December
Dogecoin community plans to send a physical token to the Moon in a December mission by space payload transporter Astrobotic.