Business
Circle’s v2.2 upgrade will reduce gas costs, improve support for account abstraction and enhance security for transactions on EVM blockchains.
Bitcoin
The filing follows the financial service giant’s registration of its iShares Ethereum Trust in Delaware earlier in the day but it must still receive regulatory approval.
A U.S. bankruptcy judge approved the firm’s reorganization plan, which will return some crypto assets to customers and form a new company around mining and staking.
The investment firm remains bullish on the trading platform, which offers trading services for 15 cryptocurrencies, and it also continued to sell off its Grayscale Bitcoin Trust holdings.
When the asset management giant filed its iShares Bitcoin Trust registration earlier this year, an ETF application to the SEC followed the next week.
The Jump Crypto president pleaded the fifth in a court hearing when an SEC lawyer asked about the firm’s agreement to restore UST to its peg.
The former president of the NYSE is one of the contenders to relaunch crypto exchange FTX after bankruptcy proceedings conclude.
The centralized crypto exchange has launched a self-custody crypto wallet that allows users to interact with decentralized applications and swap tokens across various networks.
Regulation
An Unchained analysis of political giving shows that Democrats are receiving a large share of the industry’s donations.
The banking giant will start its digital asset custodial services next year for institutional investors who want to store tokenized traditional finance products, not cryptocurrencies.
