April 26, 2024
Rare ‘Epic Sat’ From Bitcoin Halving Sells for $2.1 Million
ViaBTC has auctioned one of four “epic sats” for $2.1 million on the crypto exchange CoinEx Global.
A new corporate accounting rule for crypto holdings could make the firm eligible for inclusion in the S&P 500.
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Software firm MicroStrategy (MSTR) has been borrowing billions since August 2020 — roughly $7.53 billion so far, according to its founder and Executive Chairman Michael Saylor — to buy bitcoin (BTC) as part of its long-term investment strategy. That approach, coupled with a new public accounting rule announced in December …
In this weekly recap, we cover: DOJ Cracks Down on Crypto Privacy Tools: Founders of Samourai Wallet, a privacy-focused crypto wallet, were arrested under charges of money laundering, as the DOJ intensifies its scrutiny of crypto mixing services. SEC Attorneys Resign After Court Reprimand: Following a court’s decision that chastised …
An anonymous member of the crypto community just paid a hefty sum to take home an incredibly rare memento from the recent Bitcoin halving. The first satoshi (representing the smallest unit of Bitcoin) mined from Bitcoin’s fourth halving block was sold at an auction for 33.3 BTC or $2.13 million. …
Welcome to The Chopping Block, where Haseeb Qureshi, Tom Schmidt, Tarun Chitra, and Robert Leshner dissect the crypto world’s topics of the day. In this episode, we delve into the SEC’s recent scrutiny of Uniswap, exploring the potential legal and regulatory impacts on the DeFi landscape. We also discuss the …
In this weekly recap, we cover: DOJ Cracks Down on Crypto Privacy Tools: Founders of Samourai Wallet, a privacy-focused crypto wallet, were arrested under charges of money laundering, as the DOJ intensifies its scrutiny of crypto mixing services. SEC Attorneys Resign After Court Reprimand: Following a court’s decision that chastised …
Exchange operator Cboe is shutting down its spot crypto trading business, telling institutional clients in a note on Thursday that “regulatory uncertainty and headwinds in the US” played a role in the decision. Exchange representatives said in a statement that the plan is to wind down the spot trading division, …
Binance founder and former CEO Changpeng Zhao penned a letter to the judge overseeing his case ahead of his sentencing hearing on April 30, saying he deeply regretted his choices and assured the court that the charges he is on trial for would be his “only encounter with the criminal …
The highly anticipated spot Bitcoin and Ethereum exchange-traded funds (ETFs) are all set to begin trading early next week, according to a report from Bloomberg citing a spokesperson for one of the issuers, HashKey. According to the HashKey executive, the crypto ETFs will be launched on April 30. These spot …
In this weekly recap, we cover: DOJ Cracks Down on Crypto Privacy Tools: Founders of Samourai Wallet, a privacy-focused crypto wallet, were arrested under charges of money laundering, as the DOJ intensifies its scrutiny of crypto mixing services. SEC Attorneys Resign After Court Reprimand: Following a court’s decision that chastised …
Welcome to The Chopping Block, where Haseeb Qureshi, Tom Schmidt, Tarun Chitra, and Robert Leshner dissect the crypto world’s topics of the day. In this episode, we delve into the SEC’s recent scrutiny of Uniswap, exploring the potential legal and regulatory impacts on the DeFi landscape. We also discuss the …
Following its airdrop announcement, Renzo Protocol’s liquid restaking token, ezETH, deviated from its one-to-one peg to ether (ETH), sparking community criticism regarding poor execution of the planned event. The price of the liquid restaking token (LRT) plummeted as it de-pegged, reaching a low of $688 on decentralized exchange Uniswap. ezETH …
In this weekly recap, we cover: Mango Markets Fraud Conviction: Avi Eisenberg faces up to 40 years after being found guilty of commodities fraud and other charges in a landmark DeFi case, setting a critical precedent for crypto market regulations. Hong Kong Approves Bitcoin and Ethereum ETFs: The Hong Kong …
In this weekly recap, we cover: DOJ Cracks Down on Crypto Privacy Tools: Founders of Samourai Wallet, a privacy-focused crypto wallet, were arrested under charges of money laundering, as the DOJ intensifies its scrutiny of crypto mixing services. SEC Attorneys Resign After Court Reprimand: Following a court’s decision that chastised …
A number of crypto firms have been taking on the U.S. Securities and Exchange Commision (SEC). The latest to do so is Ethereum infrastructure firm Consensys, which is counter-suing the regulator after receiving a Wells notice earlier this month. In a lawsuit filed in the Northern District of Texas on …
In this weekly recap, we cover: Mango Markets Fraud Conviction: Avi Eisenberg faces up to 40 years after being found guilty of commodities fraud and other charges in a landmark DeFi case, setting a critical precedent for crypto market regulations. Hong Kong Approves Bitcoin and Ethereum ETFs: The Hong Kong …
Ethereum blockchain underwent the Dencun upgrade in March 2024, introducing a concept called Blobs. Blobs are a novel data storage concept intended to lower transaction costs on layer 2 scaling solutions. While the concept was intended primarily to lower costs, some creators used blobs to develop “BlobScriptions.” Read on to learn …
In this weekly recap, we cover: DOJ Cracks Down on Crypto Privacy Tools: Founders of Samourai Wallet, a privacy-focused crypto wallet, were arrested under charges of money laundering, as the DOJ intensifies its scrutiny of crypto mixing services. SEC Attorneys Resign After Court Reprimand: Following a court’s decision that chastised …
In this weekly recap, we cover: Mango Markets Fraud Conviction: Avi Eisenberg faces up to 40 years after being found guilty of commodities fraud and other charges in a landmark DeFi case, setting a critical precedent for crypto market regulations. Hong Kong Approves Bitcoin and Ethereum ETFs: The Hong Kong …
The second season of Crypto: The Game, completed its public mint today within 15 minutes of it going live, with 800 players signing up to play in the next installment of the popular onchain game. NFT’s required to play the game sold for 0.1 ETH each, contributing to a winning …
As the 2024 bull market gets underway, the NFT market is cooling as the burgeoning, and yet already massive, world of memecoins takes off. NFT sales have plateaued at around $1.3 billion monthly—a significant comedown from their peak in January 2022, when sales hit $6 billion with the Ethereum price …
In this weekly recap, we cover: DOJ Cracks Down on Crypto Privacy Tools: Founders of Samourai Wallet, a privacy-focused crypto wallet, were arrested under charges of money laundering, as the DOJ intensifies its scrutiny of crypto mixing services. SEC Attorneys Resign After Court Reprimand: Following a court’s decision that chastised …
Listen to the episode on Apple Podcasts, Spotify, Pods, Fountain, Overcast, Podcast Addict, Pocket Casts, Castbox, Google Podcasts, Amazon Music, or on your favorite podcast platform. On Thursday, Consensys sued the U.S. Securities and Exchange Commission (SEC) in a Texas federal court, seeking to prevent an impending SEC action against …
A number of crypto firms have been taking on the U.S. Securities and Exchange Commision (SEC). The latest to do so is Ethereum infrastructure firm Consensys, which is counter-suing the regulator after receiving a Wells notice earlier this month. In a lawsuit filed in the Northern District of Texas on …
With more than 160 letters of support in advance of Changpeng “CZ” Zhao’s sentencing, it appears that the co-founder and onetime chief of Binance has outplayed his old rival Sam Bankman-Fried once again. As the disgraced FTX founder Bankman-Fried awaited sentencing from a high-security Brooklyn prison, about two dozen supporters, …
In this weekly recap, we cover: DOJ Cracks Down on Crypto Privacy Tools: Founders of Samourai Wallet, a privacy-focused crypto wallet, were arrested under charges of money laundering, as the DOJ intensifies its scrutiny of crypto mixing services. SEC Attorneys Resign After Court Reprimand: Following a court’s decision that chastised …
When a public company falters and is delisted to the penny stock arena, trading grinds to a halt and its valuation plummets as stockholders cut their losses and move on. Equities trade upon a set of near-universal fundamentals that take the rise and fall of their company’s fortunes into account. …
Blockchain oracle network Chainlink announced on Wednesday that its cross-chain interoperability protocol (CCIP) has become available for all developers, marking the end of the early access stage of the protocol’s development. The move is expected to make it easier for developers to create cross-chain smart contracts. Before the announcement, developers …
In this weekly recap, we cover: Mango Markets Fraud Conviction: Avi Eisenberg faces up to 40 years after being found guilty of commodities fraud and other charges in a landmark DeFi case, setting a critical precedent for crypto market regulations. Hong Kong Approves Bitcoin and Ethereum ETFs: The Hong Kong …