adminTom Lee speculates wounded market makers behind crypto crunch
In recent developments, crypto’s recent slump could be the result of a market maker liquidity crisis triggered by the crypto crash in October, speculates BitMine’s Tom Lee. Looking closer, market…
SEC to hold privacy and financial surveillance roundtable in December
In recent developments, the slated roundtable discussion comes as privacy experiences a renewed focus from crypto industry executives and civil liberties activists. Looking closer, market participants highlight key drivers such…
ETH DATs have a problem: Ether’s crash below $3K vaporized a year’s worth…
In recent developments, ether treasury companies are holding millions of dollars in unrealized losses, and the falling mNAV valuations and ETH’s potential to fall below $2,500 may further complicate matters.…
Ex-prosecutor denies promising not to charge FTX executive’s partner
In recent developments, one of the US attorneys behind the prosecution of former FTX executives testified as part of an evidentiary hearing exploring one of their plea deals. Looking closer,…
Bitcoin for taxes? Proposed bill would let Americans pay the IRS in BTC
In recent developments, tax revenue denominated in Bitcoin would be funneled into the US strategic BTC reserve and would not trigger a taxable event for the payer. Looking closer, market…
Advocacy groups urge Trump to intervene in the Roman Storm retrial
In recent developments, already convicted of one felony charge and facing a possible retrial on two others, the Tornado Cash co-founder’s future is uncertain. Looking closer, market participants highlight key…
BitMine sits on $3.7B loss as DAT ‘Hotel California’ meets BlackRock’s …
In recent developments, bitMine’s $3.7 billion paper loss and the falling mNAV valuations are threatening the business model of DATs, according to 10x Research. Looking closer, market participants highlight key…
MEXC taps Hacken for proof-of-reserves audits to boost transparency
In recent developments, the exchange will publish monthly, independently verified reserve reports, giving users third-party confirmation that assets are fully backed. Looking closer, market participants highlight key drivers such as…
WLFI’s ‘community governed’ image strained as Trump-backed project free…
In recent developments, some users viewed the asset reallocation as an alarming sign of the platform’s ability to blacklist user funds without requiring a governance proposal. Looking closer, market participants…
MEXC taps Hacken for proof-of-reserves audits to boost transparency
In recent developments, the exchange will publish monthly, independently verified reserve reports, giving users third-party confirmation that assets are fully backed. Looking closer, market participants highlight key drivers such as…