Caroline Ellison Sentenced to Two Years in Prison for Role in FTX Collapse
TL;DR Caroline Ellison, former CEO of Alameda Research, has been sentenced to two years in prison for her role in the collapse of FTX. In...
Bitcoin as Collateral: Loan Proposal by Michael Saylor
by guido
TL;DR Michael Saylor, Chairman of MicroStrategy, proposed that government-backed banks in the U.S. offer dollar loans with Bitcoin as collateral. MicroStrategy, holding 252,220 BTC in...
Kraken Expands European Presence with Acquisition of Dutch Crypto Broker BCM
by jose
TL;DR Strategic Expansion: Kraken acquires Coin Meester B.V. (BCM) to strengthen its presence in the European market, especially ahead of the upcoming MiCA regulations. Enhanced...
Ethereum ETFs Face Record Outflows Since July
by fernando
TL;DR US Ethereum ETFs saw a daily net outflow of $79.21 million. Total cumulative net outflows since launch amount to $686.68 million. Bitcoin ETFs continue...
Upbit Moves User Data to AWS Servers in the U.S.: What This Means for Privacy
by fernando
TL;DR Upbit will migrate user data storage to Amazon Web Services (AWS) servers in the United States starting October 1, 2024. The measure seeks to...
Bitcoin Could Reach a New All-Time High Before the End of 2024
by guido
TL;DR Bitcoin could reach a new all-time high before the end of 2024, driven by improvements in the crypto market. The release of funds from...
Bitfarms and Riot Platforms Announce Settlement Agreement
by jose
TL;DR Board Changes: Andrés Finkielsztain steps down from Bitfarms’ Board; Amy Freedman joins, bringing extensive experience in corporate governance. Standstill Agreement: Riot Platforms withdraws its...
Tether (USDT) Hits a Record $119.14 Billion
by fernando
TL;DR Tether (USDT) market cap hit an all-time high of $119.14 billion. Its adoption rate has grown from 18% to 31% in the last year....
Ethereum Whales Move $21.9M: Is a Major Ether Dump Coming?
by fernando
TL;DR Two large Ethereum whales moved 8,510 ETH ($21.9M) to centralized exchanges. An Ethereum ICO participant transferred 3,510 ETH to Kraken after 3 months of...
Frankendancer: Solana’s Latest Upgrade Sparks 5% Surge in SOL
by jose
TL;DR Frankendancer Upgrade Launched: Solana’s new Frankendancer validator client, developed by Jump Crypto, has been successfully deployed on the mainnet, enhancing network performance and scalability....