Bitcoin
The market leading cryptocurrency gained 13% over the last 24 hours as markets priced in more movement on the spot ETF front.
Business
PetroChina purchased 1 million barrels of crude oil and settled the transaction using e-CNY, the region’s central bank central currency (CBDC).
Bitcoin dominance has now risen to 49.58% – the highest level since the second quarter of 2021.
Antoine Riard said the network is vulnerable to replacement cycling attacks, which could permit malicious actors to siphon funds from mempools.
The Layer 2 network has now open-sourced its code, making all of its smart contracts and scripts available on GitHub.
Regulation
The securities regulator notified the court that it is voluntarily dismissing the charges against Brad Garlinghouse and Chris Larsen.
The crypto services provider based the estimate around a potential SEC approval for BlackRock’s spot bitcoin ETF.
Can Sun, former FTX general counsel, described his shock at finding out about the exchange’s $7 billion deficit and said of the night before FTX’s insolvency was revealed that Nishad Singh looked like “his soul got plucked away from him.”
The company confirmed to Unchained Crypto that a new SEC filing represented fresh funding.
The lawsuit alleges fraudulent schemes that led to massive investor losses, intensifying scrutiny on the crypto industry.
