Mt. Gox Effect? Bitcoin Dominance Drops Most in 5 Months
BTC’s dominance tanked Monday as news of Mt. Gox repayments bolstered concerns of supply overhang entering the market.
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ZKsync Developer’s New ‘Elastic Chain’ Could Compete With Polygon’s AggLayer
This Elastic Chain is composed of multiple chains in the ZKsync ecosystem, but users will feel like they are using a single chain.
Bitcoin Holds $61K After a Brief Nosedive
Bitcoin has seen significant selling pressure from continued ETF outflow, Mt. Gox’s upcoming bankruptcy redemptions, and miner sales.
Julian Assange Reaches Plea Deal With U.S. DOJ
Wikileaks co-founder pleads guilty to single espionage charge in exchange to a sentence for time served.
Bitcoin Threatens $60K on Mt. Gox News, but Sales Could Be Less Than Feared
Prices are sharply lower on Monday after the trustee for the defunct crypto exchange said it will begin returning more than 140,000 bitcoin to clients whose assets were stolen in a 2014 hack.
Hut 8 Receives $150M Investment as Thirst for Energy Brings AI Firms to Bitcoin Miners
The funding came from Coatue Management, which is also an investor in CoreWeave, a cloud-computing firm looking to take over miner Core Scientific.
Jump’s Kariya, Who Went From Intern to Crypto Leader, Is Leaving Trading Giant
The Wormhole hack and Terra/Luna blowup happened while he ran Jump’s crypto operation.
Tether to Stop Minting Stablecoin USDT on Algorand and EOS
The circulating supply of the dollar-linked stablecoin on the two blockchains represents roughly 0.1% of the total USDT supply.
Bitcoin Miner Riot Platforms Ditches Bitfarms Takeover Bid, Seeks to Overhaul Board
Riot is Bitfarms’ largest shareholder, owning 14.9% of the firm.
Kraken’s Derivatives Arm Joins Copper’s Crypto Settlement Network
(l-r) Zodia Custody CEO Julian Sawyer, Kraken MTF CEO Mark Jennings, Komainu COO Suzanne Hubble (AIM Summit)