Category Archive: Cryptocurrency, No picture
Chris Giancarlo, ex-CFTC chair, emerges as frontrunner for White House ‘crypto czar’ role
Key Takeaways Chris Giancarlo is a frontrunner for the first-ever crypto role in the White House. The leader of the proposed role would help establish a framework for the $180 billion stablecoin market. Share this article Chris Giancarlo, former chairman of the Commodity Futures Trading Commission (CFTC), has emerged as a leading contender for a […]
SEC Chair Gary Gensler to step down on January 20
Key Takeaways Gary Gensler will step down as SEC Chair on January 20, 2025. SEC Chair highlights crypto enforcement as 18% of agency tips focused on digital assets, despite their small market share. Share this article SEC Chair Gary Gensler will step down from his position on January 20, 2025, after serving as the agency’s […]
FTX set to begin creditor distributions in early 2025
Key Takeaways FTX plans to start distributing proceeds to creditors and customers in early 2025. Eligible customers must complete KYC verification and submit required tax forms to receive distributions. Share this article FTX, the infamous crypto exchange once led by Sam Bankman-Fried, plans to begin distributing proceeds to creditors and customers in early 2025 as […]
Solana price hits $250 for the first time in three years amid SEC progress on Solana ETF applications
Key Takeaways Solana’s SOL token price surged to $250, nearing its all-time high amid SEC discussions with ETF issuers. The SEC has initiated talks with Solana ETF issuers like VanEck and 21Shares on S-1 forms. Share this article Solana’s SOL token surged to $250, its highest level since November 2021, on Thursday morning. The surge […]
MARA Holdings completes $1 billion debt offering to acquire more Bitcoin
Key Takeaways MARA Holdings successfully raised $980 million net through a $1 billion debt offering. Funds will be used for repurchasing existing notes and Bitcoin acquisitions. Share this article MARA Holdings said Thursday it had completed a $1 billion offering of zero-interest convertible senior notes. The majority of the net proceeds will be used to […]
Bitwise files for Solana ETF via Delaware trust
Key Takeaways Bitwise has filed to establish a Delaware trust for a proposed Solana ETF. The filing is part of Bitwise’s expansion strategy, including recent acquisitions and a jump in assets under management. Share this article Bitwise Asset Management has filed to establish a trust entity for its proposed Bitwise Solana ETF in Delaware—a preliminary […]
SEC delays decision on Franklin Templeton Bitcoin & Ethereum index ETF
Key Takeaways The SEC delayed the decision on Franklin Templeton’s Bitcoin and Ethereum ETF, extending the deadline to January 6, 2025. The SEC’s review period extension allows more time to evaluate the proposal and its implications. Share this article The SEC has delayed its decision on Franklin Templeton’s proposed Bitcoin and Ethereum index ETF. The […]
DCG’s Barry Silbert unveils decentralized AI venture to fund Bittensor projects
Key Takeaways Barry Silbert launched Yuma, a subsidiary focused on Bittensor’s decentralized AI network. Yuma supports projects using AI to earn rewards on the Bittensor network with the $TAO token. Share this article Digital Currency Group (DCG), led by Barry Silbert, has announced the launch of Yuma, a new company dedicated to fostering innovation and […]
Coinbase Wallet launches USDC rewards with 4.7% APY
Key Takeaways Coinbase Wallet offers 4.7% APY on USDC without lock-up periods via its expanded global rewards program. USDC rewards are accessible on multiple blockchain networks, including Base, Ethereum, and Polygon. Share this article Coinbase Wallet users can now earn 4.7% APY on USDC holdings as the platform expands its rewards program globally.As announced in […]
Former FTX CTO Gary Wang avoids prison time for role in crypto fraud
Key Takeaways Gary Wang avoided prison time due to his cooperation in the case against Sam Bankman-Fried. US District Judge Kaplan considered Wang’s cooperation and lesser role in the fraud scheme. Share this article Gary Wang, the former chief technology officer of FTX who helped founder Sam Bankman-Fried steal nearly $8 billion from customers, avoided […]
