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Celsius’ Path to Recovery Hindered by SEC Challenges: Report

Bankrupt cryptocurrency lending company Celsius’ recovery plan has hit a road block with the US Securities and Exchange Commission. Coindesk reported on Monday that the SEC wants more information about the bankrupt crypto lender’s assets, citing a source familiar with the matter. A continuous...

, by Brian Yue

Coinbase Becomes Custodian for WisdomTree’s Bitcoin ETF, Aiming for SEC Approval

Crypto exchange Coinbase (COIN) will be the official custodian for WisdomTree’s spot Bitcoin ETF, according to the asset manager’s recently amended S-1 filing. “Coinbase Custody Trust Company LLC is the custodian of the Trust with respect to the Trust’s bitcoin...

, by Andrew Throuvalas

$100 Billion in TradFi Capital Awaits Imminent Bitcoin ETF Green Light, Says Bloomberg Analysts

A spot Bitcoin exchange-traded fund (ETF) could rapidly become a $100 billion market, according to new projections by analysts at Bloomberg Intelligence. This prediction comes as Wall Street waits in anticipation for the SEC to finally approve the first Bitcoin ETF in the US. Wall Street Firms...

, by Trent Alan

ERC-4437 Promised an Ethereum Revolution—Adoption Figures Tell a Different Story

Data from November 14 shows that ERC-4437 has failed to gain meaningful traction among Ethereum developers and users in the months since its launch. When ERC-4437 was unveiled in March 2023, many in the Ethereum community were optimistic that these so-called "smart accounts" would alter user...

, by Trent Alan

Bitcoin Bulls Brace For Breakout Towards $40,000 as This Bullish Technical Pattern Forms – Where Next for the BTC Price?

Bitcoin bulls are bracing for another leg higher in the market and a potential challenge of the psychologically important $40,000 level in light of the recent formation of a bullish short-term technical pattern called an ascending triangle. The BTC price was last in the $37,600s, having...

, by Michael Davis

Crypto Exchange Listing and Delisting Announcements: November 20, 2023

Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today.Have we missed something? Do you have information about new listings and/or delistings? Let us know...

Cathie Wood’s Ark Invest and 21Shares Amend Bitcoin Spot ETF Application

Cathie Wood's Ark Invest has made a recent amendment to its spot Bitcoin exchange-traded fund (ETF) application in collaboration with 21Shares. The amended filing, dated November 20, offers insights into the proposed spot Bitcoin ETF, focusing on critical aspects such as custody practices...

, by Jimmy Aki

Crypto Exchanges Including OKX, Bybit & Bitstamp ‘Working with Russian Arbitrators’ on Bankruptcy Cases

One of Russia’s biggest banks says international crypto exchanges such as OKX, Bybit, and Bitstamp are “cooperating with Russian arbitration managers” in bankruptcy investigations. Per Vedomosti, the Sberbank enforcement and bankruptcy department chief Evgeny Akimov said...

, by Tim Alper

Crypto Markets Chop as Reports Emerge That US DoJ Wants Over $4 Billion From Binance to Settle Yearlong Investigation – Here’s The Latest

The US Department of Justice (DoJ) is seeking a settlement of more than $4 billion from the world’s largest crypto exchange Binance as a proposed resolution to a yearlong investigation into the exchange, Bloomberg reported on Monday citing people familiar with...

, by Michael Davis

Vega Protocol Introduces Perpetual Futures

Trading-focused blockchain Vega Protocol has launched the first perpetual futures market on its network. In an X post published on Monday, the company said that perpetual futures would allow its users to “trade with leverage, unmatched capital efficiency and great UX on an ever-growing...

, by Brian Yue

Senator Warren Addresses Growing Threat of Crypto Scams on Seniors

Senator Elizabeth Warren has highlighted the dangers posed by cryptocurrency scams targeting seniors, receiving support from a cybersecurity expert who endorsed her digital asset legislation as a preventive measure against future scams. In a Senate hearing on November 16, Warren noted that...

, by Brian Yue

Tether Confiscates 225M USDT Involved in Pig Butchering Romance Scam

After months of investigation, USDT stablecoin maker Tether has announced the confiscation of $225 million of its tokens involved in a pig butchering romance scam. The announcement, conveyed through a press release, detailed Tether's collaboration with the OKX crypto exchange and the US...

, by Jimmy Aki

CoinDesk Media Site Acquired by Crypto Exchange Bullish – Here’s the Latest

Crypto media website CoinDesk has just been acquired by cryptocurrency exchange Bullish in an undisclosed all cash deal, the Wall Street Journal reported on Monday. Bullish, which is run by former New York Stock Exchange (NYSE) President Tom Farley, said that the acquisition won’t...

, by Michael Davis

505 of 700 OpenAI Employees Demand Board Resign Following Sam Altman Firing, Threaten to Walk

505 OpenAI employees have signed a letter demanding the board of directors at the artificial intelligence company step down following the sudden ousting of co-founder, Sam Altman, on Friday. Over 500 OpenAI employees threaten to walk Kara Swisher, a podcaster for New York Magazine, tweeted the...

, by Julia Smith

SBF Granted Post-Trial Extension in New Signed Order

Judge Lewis A. Kaplan has granted an extension for the legal team of disgraced FTX founder, Sam Bankman-Fried, to submit their post-trial motions on December 1st, 2023. The defense’s chance to redeem SBF Originally due November 20th, 2023, the defense’s post-trial motions serve as...

, by Julia Smith

Ethereum Exchange Outflows Exceed $1 Billion in 3 Weeks, IntoTheBlock Reports

A torrent of Ethereum has flowed out of centralized crypto exchanges and into private wallets over the past several weeks. According to blockchain analytics provider IntoTheBlock, Ethereum saw $320 million in exchange outflows just this week. Over the preceding three weeks, the total topped...

, by Trent Alan

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