Celsius seeks to convert alts to Bitcoin and Ether under reorganization plan
The crypto lender has proposed converting all its altcoin holdings into Bitcoin and Ethereum to quell growing regulatory concerns and maximize the value of its assets.
US prosecutors say SBF will be tried on original 8 criminal charges — for now
DoJ lawyers said the decision came following litigation filed by the FTX co-founder in the Bahamas protesting the additional charges, which could be lengthy.
‘Pick your targets’ — Bitcoin analyst believes Fed will favor bulls
Fed chair Jerome Powell was “all bark, no bite” with his hawkish comments, which sent BTC price action below $25,000, says Material Indicators’ Keith Alan.
Binance launches Bitcoin mining cloud services amid SEC crackdown in the US
Crypto exchange Binance is currently selling 1 Terahash per second (Th/s) at $10.7280, which is split between the hashrate and electricity costs at $1.17 and $9.558 respectively.
Hong Kong govt pressures banking giants to accept crypto clients: Report
Hong Kong’s central bank reportedly asked major banks including HSBC, Standard Chartered and Bank of China why they aren’t accepting crypto exchanges as clients.
French financial markets ombudsman reports jump in crypto-related mediations
The Autorité des marchés financiers ombudsman saw mediation requests rise by almost a quarter in a year; the number of digital asset service providers more than doubled in that time.
Requiring DEXes to register with SEC like other exchanges is 'impossible', says Coinbase CLO
“The SEC is attempting to front run Congressional action by baking unsupported assumptions about its crypto jurisdiction into the proposed rules," said Paul Grewal.
Jack Dorsey’s relief fund pledges $5M donation to Bitcoin-focused nonprofit
The fund reported it had distributed more than $500 million to projects, including the Tor Project, the Signal Technology Foundation and the Calyx Institute.
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