Bitcoin
The Bitcoin mining firm said the invalid block was a result of an unanticipated bug from one of its experiments.
Business
Binance said the payments provider made a “sudden and inexplicable decision” to stop processing EUR deposits for the exchange’s users.
The analysts believe that catalysts over the next year trump the crypto regulatory uncertainty, including recent deferrals of spot bitcoin ETFs, and interest rate worries that have unsettled investors.
The world’s largest crypto exchange is exiting the region through unit sale to CommEX on undisclosed terms.
Regulation
The defense team for the Terraform Labs founder has asked a court to dismiss the request since Kwon is already in Montenegrin custody.
The comment came during an appearance before the U.S. House Financial Services Committee on Wednesday.
A judge ruled that evidence related to SBF’s political contributions was directly linked to the wire fraud scheme on FTX’s customers.
JPMorgan’s digital bank cited an uptick in scams and fraud related to crypto as the reason behind the decision.
In a letter to Gensler, Reps. Mike Flood, Tom Emmer, Wiley Nickel, and Ritchie Torres called the SEC’s approach to handling spot bitcoin ETF applications “inconsistent and discriminatory.”
The wallet, launching in early 2024 on the Stellar network, will allow users to cash-out the stablecoin at participating locations.