Month: August 2023
Sam Bankman-Fried’s Defense Strategy Draws Scrutiny From DOJ: Report
The DOJ has highlighted concerns surrounding the potential misuse of attorney involvement as a defense strategy.
SEC Delays Upcoming ETF Decision For Blackrock and Others
The market will have to wait longer for a Bitcoin spot ETF approval despite the SEC’s court loss to Grayscale.
Presidential Candidate Ramaswamy Says Grayscale’s Win ‘Clears a Path to Keep BTC in the US’
The Grayscale/SEC legal battle “should have never reached the courts in the first place,” Ramaswamy opined.
Robhinood Holds the 5th Largest ETH Wallet Worth Over $2.5 Billion: Data
Apart from being a Bitcoin whale, Robinhood has also been identified as one the largest ETH holders.
Circle’s USDC Stablecoin Coming to Coinbase’s Base Next Week
Coinbase and Circle – the company behind USDT’s largest competitor, USDC – have been working together closely since the beginning.
Grayscale CEO Talks Next Steps After Defeating The SEC In Court
The SEC has 45 days to appeal the court’s ruling, but Grayscale remains prepared to fight.
OKX Releases 10th PoR Report With $10.4B in BTC, ETH, and USDT
OKX’s August PoR report disclosed that the USD value of its reserves has dropped by roughly $1 billion from the $11.3 billion reported in July.
Major Feature Comes for Binance’s Latin American Customers
The new product comes with the name “Send Cash.”
Beware The Fed Before Bitcoin ETF Approval: Bloomberg
Despite Grayscale’s major win over the SEC in court, the Federal Reserve remains a major obstacle to Bitcoin’s upward price momentum.
a16z-Backed Crypto Exchange CoinSwitch Dismisses 7% of its Workforce (Report)
India’s second crypto unicorn – CoinSwitch – has supposedly become the latest digital asset entity to lay off employees.