Business
The Swiss bank will allow wealthy clients to gain exposure to a trio of crypto-linked funds.
The Singapore-based lender had exposure to the collapses of the Terra ecosystem and FTX.
The hot wallet attack took place across multiple blockchains, and the Justin Sun-backed exchange is offering a bounty to retrieve the funds.
NFTs
SOL more than doubled in the last month. But here’s why Ethereum NFTs continue to outperform Solana NFTs by a mile.
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.
