Business
Binance doubled down on its motion to dismiss an SEC lawsuit on Tuesday in response to an opposing motion filed by the SEC last week.
A revised BlackRock spot Bitcoin ETF filing will allow large U.S. banks to act as authorized participants for the funds.
NFTs
Prices of previous Trump NFTs rose in the immediate aftermath of the announcement.
KuCoin will pay a total of $22 million in fines and refunds and cease operations in New York to settle a lawsuit brought by the state’s Attorney General.
DeFi
The web3 gaming space looks poised to go parabolic again in the way it did with Axie Infinity, and you can see how things might unfold by focusing on the Philippines.
Coinbase has added support for SEAM, the governance token of the Seamless Protocol built on the Layer 2 network Base.
The FTX bankruptcy estate said that the exchange never earned anything near an amount that supports the $24 billion that the IRS claims it is owed in taxes.
Bitcoin
Ether and most other major altcoins were also still trading in negative territory in what one analyst said “can be seen as a healthy cleanse of excess leverage,” but market signs overall continue to point upward.
The update will occur on January 29. The SEC will likely decide on spot BTC ETFs earlier in the month.
The active manager of exchange-traded funds sold the shares on Friday from three funds where the crypto exchange has grown to outsized weight.
