Zcash founder Zooko Wilcox steps down from Electric Coin, naming new CEO
The new CEO, Josh Swihart, has been the vice president at Electric Coin for nearly five years but recently took a four month stint away from the firm....
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US court approves settlement against Binance, firm to pay $2.7B to CFTC
Former Binance CEO Changpeng “CZ” Zhao has been ordered to pay $150 million, while Binance will pay $2.7 billion to conclude the CFTC enforcement action....
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Coinbase appeals SEC rulemaking petition denial as promised
Coinbase filed an appeal the same day its petition for a rulemaking on crypto used as a security was denied....
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Revolut Business reportedly cuts crypto services ahead of new rules
The neobank will halt crypto purchases by businesses while it sorts out new ad requirements....
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Grayscale CEO Foresees Spot Bitcoin ETFs Unlocking ‘$30 Trillion Worth of Advised Wealth’
In an appearance on CNBC today, the CEO of Grayscale Investments, Michael Sonnenshein, shared insights regarding the potential impact of a spot Bitcoin Exchange-Traded Fund (ETF) on the cryptocurrency market. Sonnenshein highlighted that a spot Bitcoin ETF could “unlock” around “$30 trillion worth of advised wealth.” Sonnenshein discussed the...
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Price analysis 12/18: SPX, DXY, BTC, ETH, BNB, XRP, SOL, ADA, AVAX, DOGE
Bitcoin may remain under pressure for a few days, but a collapse is unlikely as traders are expected to buy the dips in anticipation of a spot Bitcoin ETF....
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Former Lido holder files class action lawsuit against Lido DAO for crypto losses
The investor claimed that 64% of Lido tokens are controlled by just a few venture capital firms, preventing ordinary investors from having any control over decisions....
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Spot Bitcoin ETF Applicant Bitwise Releases New Bitcoin ETF Commercial
Bitwise, the aspiring applicant for a spot Bitcoin ETF, has unveiled a captivating commercial aimed at advocating for it’s upcoming Bitcoin Exchange-Traded Fund (ETF), if approved by the Securities and Exchange Commission (SEC). “A word to the wise, from a man of few words. #bitcoinisinteresting”, Bitwise said. The commercial,...
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Bitcoin miner Cipher buys 37K Bitmain Antminers for $99.5M
The new crypto-mining equipment to be bought by Cipher is expected to deliver 7.1 EH/s of self-mining capacity by the first half of 2025....
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Real Estate Investors Are Flocking To Bitcoin in Record Numbers, Says Swiss Exchange
Relai, a Swiss Bitcoin exchange, has disclosed with Bitcoin Magazine that a staggering 75% of its Over-The-Counter (OTC) revenue in the final quarter of 2023 stemmed from private clients diverting proceeds from real estate sales into Bitcoin, showcasing a seismic shift in investment strategies among investors. The surge is a...
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