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Crypto News
FTX’s Bankruptcy Fees Already Topped $200M, Court Examiner Says
Transforming a ‘smoldering heap of wreckage’ can cost good money, Katherine Stadler said.
Digital Euro: The Bill Is Ready but Politicians Aren’t Convinced
A plan to legislate for the central bank digital currency may still be on track for publication, but there is still significant political skepticism about the purpose.
Cardano, Ether Surge as Bitcoin-Led Rally Sees Short Traders Lose $125M
Crypto market capitalization rose 5% likely as sentiment rose on the back of two institutional bitcoin plays in the past week.
Stablecoins, DeFi Likely to Be SEC’s Next Targets in U.S. Crypto Crackdown: Berenberg
If USD Coin is targeted by regulators, the impact on Coinbase revenue could be significant, the report said
Bitcoin June 2024 Expiry Futures and Options in High Demand Due to Halving: Deribit
The Panama-based exchange will launch the June 2024 bitcoin futures and options contracts on Thursday at 08:00 UTC
Invesco Reapplies for Bitcoin ETF, Advocates for More Crypto Investment Products
Invesco first filed for a Bitcoin ETF in the fall of 2021, but has since re-applied in light of BlackRock’s application.
Flashbots Confirms Top Strategy Researcher Obadia to Depart Amid ‘Strategic’ Hiring Push
Obadia cited personal reasons for his departure but warned of "serious challenges" for Flashbots in a letter posted to Twitter.
Japan’s Crypto Exchanges Push for 10 Times Leverage on Margin Trading: Bloomberg
The push for revised margin trading caps aims to attract diverse traders, including institutional investors, while enhancing market liquidity.
Binance Sets Up Bitcoin Lightning Nodes to Ease Deposits and Withdrawals
A host of crypto exchanges have set up their own Lightning nodes in recent months to offer faster bitcoin transactions to users.