First Mover Asia: Bitcoin Continues to Look East for Strength
A busy economic week in China with plenty of data releases scheduled might be what it takes to get bitcoin out of its slump.
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U.S. Lawmakers Argue SEC Accounting Policy Undermines Safe Crypto Custody
Rep. Patrick McHenry, chairman of the House Financial Services Committee, and Sen. Cynthia Lummis teamed up on a letter questioning regulators about crypto accounting policy.
Binance’s Custody Arm Ceffu Will Apply for Singapore License: Report
Binance rebranded its custody arm to Ceffu earlier this month.
BridgeTower Capital to Onramp Lido, Offers Security Token for Avalanche’s Staking Rewards
The announcements highlight BridgeTower’s emphasis on regulatory compliance.
First Mover Asia: ConsenSys Chief Cryptoeconomist Sees Little Drama Ahead for Bitcoin
ALSO: In an appearance on CoinDesk TV, Tron founder Justin Sun discussed Huobi’s potential unveiling of a new Hong Kong exchange, and said that the city’s evolving approach to digital asset licensing could shift attitudes in mainland China.
Hosts of Bankless Podcast Raising $35M Crypto Venture Fund: Sources
The popular crypto podcast is branching out beyond its media roots to invest in emerging Web3 startups.
Core Scientific Bankruptcy Judge Set to Approve $70M Financing Deal From B. Riley
The judge also indicated he would allow stockholders to form an official committee in the bankruptcy.
Bitcoin Holds Strong Over $23.6K to Continue Recent Consolidation
DeFi giant Maker’s MKR token surged nearly 19%. Equities turned mixed amid ongoing investor worries about inflation.
Silvergate Uncertainties May Put TradFi Heavy Hitters’ Stakes in Jeopardy
Silvergate shares have tumbled 29% in after hours trading on Wednesday as the crypto-friendly lender raised a “going concern” issue in a regulatory filing.
Solana Will Improve Network Upgrades to Improve Stability
A Solana cofounder said last week’s 1.14 network update has raised concerns about maintaining stability during major updates.