Bitcoin
Crypto and other risk-on asset markets have been unsettled by the prospect of higher interest rates for an extended period. A U.S. central bank governor on Monday reiterated the Fed’s commitment to base its decisions on inflation data.
Business
The unexpected suspension happened after Upbit’s authentication mislabeled scam tokens as legitimate Aptos tokens. APT price jumped 5% on Monday.
The software company now owns 158,245 bitcoins purchased for around $4.68 billion over the last three years.
DeFi
The Arbitrum Foundation has officially taken ownership of the 69 million ARB tokens that users failed to claim before the deadline.
The DeFi project suspended deposits and withdrawals after confirming that its cloud service provider was targeted by hackers.
Titled “Ancora,” the first runway show under Sarno’s creative leadership took place on a Milan runway as well as across three virtual platforms:
The embattled exchange is contending that the employees withdrew the total under preferential conditions.
The noted venture capital firm participated in two of the largest fundraises of the past week, including a new startup founded by former a16z crypto execs.
Bitmain will provide 27,000 bitcoin mining servers to Core Scientific in exchange for $23.1 million in cash and $53.9 million in equity.
A federal judge overseeing the former FTX CEO’s case has granted the DOJ’s motion to exclude testimony from seven expert witnesses.
