Osprey Vies for Control of Grayscale’s Bitcoin Trust; Tron’s Justin Sun Offers to Invest Up to $1B on DCG Assets
14.1.2023
Following charges by the U.S. Securities and Exchange Commission against the crypto exchange Gemini and the digital currency lender Genesis, Tron founder Justin Sun told the press that he may be able to purchase assets from Genesis, up to $1 billion, “depending on their evaluation of...
New York sued by environmental group after approval of crypto mining facility: Report
14.1.2023
The approval violates the New York climate law of 2019, plaintiffs claim. The facility was acquired by the Canadian crypto mining firm Digihost
Biggest Movers: SHIB Hits 6-Week High, Whilst SOL Extends Recent Gains
14.1.2023
Solana surged by as much as 30% on Saturday, setting a fresh multi-month high in the process. The move comes as cryptocurrency markets were significantly bullish to start the weekend, with the global market cap 8.28% higher as of writing. Shiba inu was trading at its strongest point since November....
DOJ Opposes Law Firm Tasked With FTX Investigation for Conflict of Interest
14.1.2023
The US Department of Justice has opposed FTX hiring Sullivan & Cromwell, the law firm currently tasked with the exchange's investigation, citing potential conflicts of interest.
In a recent legal filing, the US Trustee said it is objecting to the FTX decision due to two "overarching" reasons....
Cointelegraph heads to Davos for World Economic Forum
14.1.2023
Cointelegraph will be on the ground as prominent figures from the cryptocurrency and blockchain space converge on Davos during the World Economic Forum
Bitcoin Price Takes Breather at $21k Two Month High - Is $30k by End of Month Possible?
14.1.2023
Bitcoin price is extending the week-long rally that has seen it blast past $20,000 for the first time since early November. Bulls have $24,000 in sight, but first, they must disperse the stubborn seller congestion zone at $21,000.
Over the last two weeks, Bitcoin price has disapproved calls...
Bitmex Co-Founder Criticizes Former FTX CEO for Not Liquidating Hedge Fund Alameda
14.1.2023
The Bitmex co-founder, Arthur Hayes, criticized Sam Bankman-Fried, the disgraced FTX co-founder, on Friday after Bankman-Fried published his first blog post on his new Substack newsletter. “All this talk about what Alameda did is misdirection,” Hayes insisted. “It doesn’t matter how they hedged...
Gemini and Genesis’ legal troubles stand to shake up industry further
14.1.2023
Now that the SEC has gotten involved in the ongoing Gemini–Genesis spat, things could get ugly for both parties in the near term
App-specific blockchains remain a promising solution for scalability
14.1.2023
Building an interoperable network of blockchains dedicated to a specific purpose appears to be a viable alternative to layer-2 scalability solutions
Solana Price Surges 45% to $23.8 - Buy This Coin Now For Quick 3x Gains Ahead?
14.1.2023
Solana price prediction has turned bullish at $22.45 following a gain of nearly 35% in 24 hours and almost 70% in the previous seven days. This surge in the price of Solana can be attributed to the increasing demand for decentralized finance (DeFi) projects and the growing popularity of the Solana...
Can Canada stay a crypto mining hub after Manitoba’s moratorium?
14.1.2023
Local stakeholders believe that a crypto mining moratorium might actually mean the beginning of a new dialogue between the government and the industry
DOJ Objects to FTX’s Choice of Lawyers, Citing Conflict of Interest
14.1.2023
The US Trustee joins Sam Bankman-Fried and Senators in voicing concern over Sullivan and Cromwell’s previous relations