Business
Some users reported issues with the bankrupt crypto exchange’s claims portal shortly after it went live on Tuesday.
DeFi
Suspicions around a rug pull orchestrated by insiders were reinforced on Tuesday after Multichain saw another round of abnormal outflows across various chains.
Algofi, which accounted for more than 50% of value on Algorand, said it will shortly move into withdrawal-only mode.
The cross-chain communication blockchain’s data integration solutions will be available to customers of Microsoft Azure.
Regulation
Jay Clayton said it would be “hard to resist” approving a spot Bitcoin ETF if the institutions applying can demonstrate its efficacy and efficiency as a method for investors to engage with the digital asset.
Bitcoin
The bank revised its price target for Bitcoin upwards, citing an increase in miner profitability as a potential catalyst.
Tech
The so-called “on-chain intelligence exchange” drew criticism from the crypto community who labeled it a “dox to earn” marketplace.
The Ethereum cofounder suggested that the solution to Bitcoin’s issues with scaling could lie in solutions like rollups, but the network’s “weird politics” could hold it back.
The stablecoin issuers froze millions of dollars’ worth of assets tied to addresses associated with the Multichain hacker.
Coinbase repeatedly informed shareholders that assets on its platform could be deemed securities, the securities regulator claimed in a new filing.