The legal teams for Binance, Binance.US and CZ filed a motion for the court to order the SEC to comply with “applicable rules of conduct” following allegedly misleading statements.
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Access real-time blockchain and cryptocurrency news updates from around the globe.
FTX has recovered $7B in assets so far, has almost $2B to go to cover misappropriations
Tracing funds is highly challenging, according to the FTX Debtors’ second interim report, and there is no doubt that that was by design.
US lawmaker calls for info from Treasury and SEC on crypto market structure bill
Rep. Maxine Waters gave Janet Yellen and Gary Gensler a deadline of June 30 to respond to her requests on the “Digital Asset Market Structure” bill proposed by Republican lawmakers.
Optimism network transactions surged 67% following Bedrock upgrade — Nansen
The Optimism layer-2 network saw less than 300,000 transactions per day around the time of the upgrade, but this number increased to over 500,000 afterward.
Optimism network transactions surged 67% following Bedrock upgrade — Nansen
The Optimism layer-2 network saw less than 300,000 transactions per day around the time of the upgrade, but this number increased to over 500,000 afterward.
Crypto investment products see largest weekly inflow since July 2022
A recent surge in activity surrounding exchange-traded funds has led to the largest weekly inflow for digital asset investment products since July 2022, according to a June 26 report via CoinShares.
Totalling $199 million, inflows for the week of 19–23 June turned around a nine-week string of consecutive outflows, with Bitcoin (BTC) representing the lion’s share at $187 million (94% of overall inflows).
CoinShares analysts attributed the reversal to increasing activity from exchange-traded product (ETP) issuers in the exchange-traded fund (ETF) space:
“We believe this renewed positive sentiment is due to recent announcements from high profile ETP issuers that have filed for physically backed ETFs with the US Securities & Exchange Commission.”
As Cointelegraph reported on June 23, Bitcoin reached a 2023 high of $31,431 last week — movement that was largely attributed to institutional interest in ETFs, with both BlackRock and Fidelity Investments filing for spot Bitcoin ETFs in June.
Crypto investment products see largest weekly inflow since July 2022
CoinShares’ latest weekly inflow report shows a substantial increase in investor appetite for digital asset investment products with Bitcoin leading the rally.
Crypto investment products see largest weekly inflow since July 2022
CoinShares’ latest weekly inflow report shows a substantial increase in investor appetite for digital asset investment products with Bitcoin leading the rally.
How to use DeFi the right way — This latest guide can help
This latest report is a guide to help the next generation of cryptocurrency users and veterans alike in the ways of decentralized finance.
Bitcoin surfs $30K as traders hope US trading will boost BTC price
BTC price performance goes sideways but Bitcoin bulls retain $30,000 as support after the weekly close.
Bitcoin surfs $30K as traders hope US trading will boost BTC price
Bitcoin (BTC) circled $30,500 at the June 26 Wall Street open as bulls held newfound support.
BTC/USD 1-hour chart. Source: TradingViewBitcoin ETF hype puts demands on U.S. session
Data from Cointelegraph Markets Pro and TradingView showed BTC price action retaining $30,000 around the weekly close.
The largest cryptocurrency began the week on a stable note as U.S. markets began trading, with observers hoping for a copycat move from the week prior.
Then, the United States provided the lion’s share of buyer interest, following multiple announcements of institutional product applications based on the Bitcoin spot price.
“Last week, most action and buying pressure, happened during the US Stock Market Open Hours,” popular trader Daan Crypto Trades noted on the day.
BTS: Revisiting the ‘buy $1 worth of Bitcoin’ video 10 years later
Davinci Jeremie believes that while many people missed out on the opportunity to buy Bitcoin 10 years ago, it’s not too late to get into crypto.
Venture capital financing in crypto, explained
Venture capital financing in the crypto space is no different from typical VC, except the startups benefiting from financing operate in the cryptocurrency market.
Venture capital businesses in the cryptocurrency sector concentrate their investments on startups and initiatives linked to cryptocurrencies, blockchain technology, decentralized finance (DeFi) and other cutting-edge distributed ledger technology applications. Projects creating new cryptocurrencies, blockchain platforms, smart contracts, decentralized applications (DApps) and other technologies can be included.
Contrary to traditional venture capital, where stock holdings are often obtained, venture capital in the cryptocurrency industry frequently entails investing in tokens issued by the project or firm. These tokens can stand in for several different value types, such as utility tokens, which enable platform access, or security tokens, which grant ownership rights.
Many cryptocurrency firms use token sales to raise money by trading tokens for cash from investors. To assist in the project’s growth, venture capital firms may take part in these token sales and buy tokens early on, frequently at a discount.
To evaluate a project’s viability, venture capitalists in the cryptocurrency sector carry out extensive due diligence. This includes assessing the project’s technical viability, market demand, competitive environment, token economics and regulatory issues.
Breaking down the ongoing token impersonation scams with DeFi execs
Tres Finance co-founder Tal Zackon warned businesses to not use explorers when tracking their finances.
Coinbase Credit lends Hut 8 $50M to support Bitcoin treasury
The loan will help Hut 8 maintain its dynamic Bitcoin treasury management strategy going into the halving, CEO Jaime Leverton said.
How could the Chinese economic crisis impact Bitcoin and crypto?
Cointelegraph analyst and writer Marcel Pechman explains how China’s economic weakness and Turkey’s interest rate hikes could impact the cryptocurrency market.
zkSync unveils new network of ‘Hyperchains’ — Testnet by end of year
zkSync Era’s new ZK Stack will use recursive scaling and “hyperchains” to create an ecosystem of interoperable protocols and sovereign chains.
zkSync unveils new network of ‘Hyperchains’ — Testnet by end of year
zkSync Era’s new ZK Stack will use recursive scaling and “hyperchains” to create an ecosystem of interoperable protocols and sovereign chains.
HSBC rolls out cryptocurrency services in Hong Kong: Report
Three crypto ETFs listed on the Hong Kong Exchange are now reportedly available for trading at Hong Kong’s largest bank.
HSBC rolls out cryptocurrency services in Hong Kong: Report
Three crypto ETFs listed on the Hong Kong Exchange are now reportedly available for trading at Hong Kong’s largest bank.