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Crypto News
Genesis Bankruptcy Judge Extends Mediation Period Between Genesis, Creditors
The insolvent lender will now have until August 2 to submit a plan to emerge from bankruptcy.
Optimism ‘Bedrock’ Upgrade to Speed Confirmations, Cut Gas Fees, Set Path to…
The "Bedrock” upgrade will improve the usability of the chain by lowering gas fees and cutting deposit-confirmation times by 90% – pitched as a key step toward the Optimism network's goal of becoming a "Superchain."
Binance SEC Lawsuit Could be Preview of What Coinbase May Face, Berenberg Says
If Coinbase faces charges from SEC, at least 37% of the crypto exchange's net revenue would be at risk, analysts says.
Binance Lawsuit Could Be ‘Huge Mistake’ or Bring Needed Clarity to U.S. Crypto Industry
The Securities and Exchanges Commission’s (SEC) suit against the biggest crypto exchange in the world, Binance, could be a huge misstep if other countries allow the crypto industry to develop and it eventually replaces the traditional…
BNB, CAKE Plummet Following SEC Crackdown on Binance
Both are significant tokens in the Binance ecosystem and had their prices drop by more than 8%.
Crypto Hedge Fund Arca Has Trimmed 30% of Its Staff
Crypto asset manager Arca has cut 30% of its staff amid a continuing bear market and regulatory uncertainty, the company said Monday.
Cryptocurrencies Crash After the SEC Charges Binance With Sale of Unregistered Securities
The SEC on Monday charged the crypto exchange and its CEO with violating a number of securities laws, including offering unregistered securities to the public.
Atomic Wallet Users Hacked for $35M Worth of Bitcoin, Ether, Tether and Other Tokens
Atomic Wallet said Monday that “less than 1%” of its monthly active users were impacted in the weekend breach.
First Mover Asia: Why Did Bitcoin’s Price Hold Above $27K Over the Weekend? Two Analysts…
ALSO: The bitcoin options put/call ratio across exchanges has sunk to 0.47, suggesting that fewer investors are seeking downside protection against price declines than they had prior to the passage of a bill to raise the U.S. debt ceiling.
Crypto Lender Celsius’ $800M Ether Staking Shake-Up Stretches Ethereum Validator Queue to 44 Days
The embattled crypto lender’s ETH staking maneuver could potentially lengthen the waiting time to activate new validators in the Ethereum network to 44 days, one observer noted.