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Concerns were raised after a Bloomberg article reported Kraken was “actively reviewing” which tokens it could continue to list under the European Union’s upcoming MiCA framework.

Crypto exchange Kraken has ‘no plans’ to delist USDT in Europe for now

Cryptocurrency exchange Kraken has “no plans” to delist Tether (USDT) in Europe at the moment despite a recent report claiming the firm was “actively reviewing”...

3 months ago

Ethereum researcher Justin Drake said his EigenLayer role is worth “millions of dollars” and some think it could shake up incentives for those working on the blockchain.

Ethereum dev’s paid EigenLayer role sparks debate on ‘conflicted incentives’

An Ethereum Foundation researcher’s decision to take a paid adviser role for the foundation behind EigenLayer has sparked criticism on social media, with one commentator suggesting it coul...

3 months ago

According to Judge Lane, any available funds for distribution by Genesis are being exhausted by creditor claims, which take priority over DCG’s equity stake.

Genesis Global secures court approval for $3B payout

Bankrupt cryptocurrency lender Genesis Global has secured court approval to return about $3 billion in cash and cryptocurrency to its creditors. This decision leaves its parent company, Digital ...

3 months ago

The company’s head of alignment, Jan Leike, resigned on May 17, stating they’d reached a “breaking point” with management.

OpenAI leadership responds to former employee safety allegations

Sam Altman and Greg Brockman, the CEO and president of ChatGPT maker OpenAI, respectively, recently took to X.com to publicly discuss the recent departure of Jan Leike, arguably the company&rsqu...

3 months ago

It was speculated that Gensler’s vote secured the launch of spot Bitcoin ETFs in January — and the same five commissioners are set to vote on Ether ETFs this week.

Spot Ether ETFs will come down to a 5-person vote: Gensler the decider?

The fate of spot Ether exchange-traded funds could be decided this week by a single vote from Gary Gensler, the chair of the United States Securities and Exchange Commission — if hist...

3 months ago

“Not all creditor repayments are bearish,” said K33’s analysts, noting FTX's cash payouts versus the crypto repayments from Gemini and Mt. Gox.

FTX repayments could create ‘bullish overhang’ for crypto markets — K33 Research

Slated cash repayments to FTX creditors could create a wave of bullish “buying pressure” in the crypto market, says K33 Research analysts. FTX is set to pay a minimum of&nb...

4 months ago

The transfer of the bankruptcy claim from FTX EU to FTXcreditor could have a significant impact on stakeholders.

Small creditors put at risk by latest FTX bankruptcy development

A significant claim against FTX EU — previously known as K-DNA Financial Services —has been transferred to FTXcreditor in the latest development in the FTX bankruptcy case. The trans...

4 months ago

Over half a million people are already on the waitlist for Humanity Protocol’s public testnet launch, expected to take place in the back half of 2024.

Blockchain ID project Humanity Protocol hits unicorn status with $30M raise

Decentralized identity solution Humanity Protocol is officially a unicorn after a recent $30 million raise lifted its valuation to $1 billion. The $30 million Seed Round was led by Kin...

4 months ago

International hedge fund Millennium Management has reported it holds $1.94 billion across five different spot Bitcoin ETF products.

Millennium Management discloses $2B in Bitcoin ETF holdings

International hedge fund Millennium Management has revealed it holds nearly $2 billion in spot Bitcoin exchange-traded-funds (ETFs) as of the first quarter of 2024. Millennium he...

4 months ago

Robinhood Crypto has chosen Europe to launch its first staking product, offering customers Solana staking with a 5% yield at launch.

Robinhood rolls out SOL staking to European markets

Trading platform Robinhood is targeting European users to expand its crypto services as legal challenges loom in the United States. On May 15, the company announced its first crypto-staking prod...

4 months ago