Trading
Legal
Kraken challenges SEC’s authority, demands jury trial over crypto asset disputes
Kraken unequivocally denied that it was involved in any illicit activity.
Crypto
Coinbase’s cbBTC soars to $100M in first day despite Justin Sun’s criticism
Market observers said cbBTC will eat into WBTC's market share and boost Base's DeFi activity.
Crypto
21Shares diversifies custodians to reduce ‘single-point failure risk’ in crypto ETFs
21Shares strengthens crypto ETF security with new custodians amid North Korean hacking threats.
Technology
Soneium integrates with Chainlink to advance its capabilities
Chainlink's CCIP empowers Sony’s Soneium for seamless blockchain integration.
Regulation
eToro limits crypto trading to only 3 assets, including Bitcoin, after $1.5M SEC settlement
eToro said it looks forward to a clear crypto regulatory regime in the US.
Investments
Grayscale’s XRP trust launch ignites 8% increase and ETF speculation
Grayscale said XRP has the potential to transform traditional financial infrastructure.
Crypto
Coinbase’s cbBTC launches seeking DeFi boom on Base and Ethereum
Coinbase said its Bitcoin Wrapper product cbBTC is supported across major DeFi protocols, including AAVE.
Layer-2
Ethereum’s Buterin vows to support only highly decentralized Layer-2 projects
Buterin's position comes as the Layer2 networks have faced increasing criticism for their ceentralization.
Bankruptcy
FTX wallet linked to unstaked $23.75M in Solana, raising sell off concerns
Wallets linked Alameda Research shifted around $300,000 worth of crypto to centralized exchanges.
Crypto
Cleanspark’s $27.5M expansion to boost Bitcoin mining power by 22%
The miner said the seven new facilities could push its total hash rate to 37 EH/s by the end of 2024.
Mining
Bitcoin mining difficulty hits record high of 92.67 trillion amid falling miner revenues
Bitcoin hash rate has also been steadily climbing during the period.
Technology
DIA unveils ‘Lumina’ to disrupt trustless oracle networks
DIA stated that Lumina's testnet would soon be launched.
