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Solana’s native token rallied 13% over the last 24 hours, while the blockchain overtook Ethereum in seven-day DEX trading volume.
Judge Lewis Kaplan denied a request from Sam Bankman-Fried’s lawyers to reschedule his sentencing hearing to May 2024.
Bitcoin
The U.S. Court of Appeals mandate comes more than three years after authorities seized the bitcoins and other crypto from Individual X, an alleged hacker.
Draper’s comments about Stacks occurred on the same day Messari highlighted Stacks among its top 10 decentralized finance trends.
DeFi
The International Organization of Securities Commissions emphasized the importance of regulators understanding DeFi products before deciding on applicable policy.
Options open interest on CME Bitcoin futures hit an all time near $2 billion, while total open interest across crypto derivative exchanges surged to $19 billion – a level last seen in December 2021.
The decentralized wallet firm plans to offer a million-dollar payout pool to those that identify bugs on its platform as it battles a class action lawsuit over $100 million lost in a data breach earlier this year.
BlackRock, ARK Invest and WisdomTree on Monday submitted amended bitcoin spot ETF proposals that include cash creation, seen as the U.S. Securities and Exchange Commission’s preferred redemption model.
Since the start of December, Solana’s daily stablecoin transfer volume has grown 600% to $16.6 billion and now outpaces major blockchain networks, according to Artemis, an institutional crypto data platform.
The crypto industry’s leading research firms share 12 charts that illustrate the major trends of 2023.