In this weekly recap, we cover:
- BlackRock Files for Ether ETF: BlackRock steps into crypto with an Ethereum ETF application.
- FTX Sues Bybit, Resumes BlockFi Claims: Legal complications escalate for FTX, including a lawsuit against Bybit and renewed claims with BlockFi.
- $125M Hack Hits Poloniex: Poloniex loses $125 million to hackers, impacting a variety of assets.
- Cathie Wood on SEC’s Bitcoin ETF Hesitancy: ARK Invest’s Cathie Wood suggests personal motives may influence SEC Chair Gensler’s stance on Bitcoin ETFs.
- Fake BlackRock Filing Shakes XRP Market: A bogus filing indicating a BlackRock XRP Trust causes a brief surge and drop in XRP price.
- Crypto Markets Face Volatility: Over $307 million in liquidations indicate continued market volatility.
- Rising Interest in Tokenization: Financial giants like Standard Chartered and JPMorgan show increasing interest in tokenization.
- Disney and Dapper Labs Partnership: Disney partners with Dapper Labs for a new NFT venture, despite ongoing legal challenges.