Crypto community jubilant over Grayscale decision, but uncertainty remains
The court’s decision that the SEC has to consider Grayscale’s Bitcoin spot ETF application is good news for crypto but maybe not as impactful as some hoped.
Grayscale wins the court battle, but what does this mean for a spot Bitcoin ETF?
The SEC may have a limited window to appeal the court decision, while Grayscale could forward forward with an amended application for its spot Bitcoin exchange-traded fund.
Sealing docs in Binance case could suggest a criminal probe, says former SEC official
According to John Reed Stark, the U.S. Justice Department may intend to indict or already indicted Binance, suggesting a motion in civil court was aimed at keeping this secret.
Canaan’s Q2 mining revenue jumps 43% on Q1, but net loss climbs 31%
Bitcoin mining firm Canaan posts second quarter financials, with BTC mining revenue up 43% from Q1 2023, though net losses also rose 31% to $110 million.
Crypto lawyer about SEC: ‘Problematic to imply all NFTs are securities’
Oscar Franklin Tan, the chief legal officer of NFT platform Enjin, told Cointelegraph that it’s very problematic to imply that all NFTs are securities, as it could hold back creators.
DOJ seeks to bar Sam Bankman-Fried’s expert witnesses from testifying
In a new motion submitted to New York courts, the U.S. Department of Justice wants to exclude all of Sam Bankman-Fried’s expert witnesses from testifying on the case.
DYdX to unlock 6.52M tokens worth $14M for community treasury, rewards
Out of the lot, 2.49 million DYDX tokens — worth $5.36 million — will be allocated to the community treasury, which funds contributor grants, community initiatives and liquidity mining, among other programs.
Consumer surveys show a growing distrust of AI and firms that use it
A global consumer survey from Salesforce shows a growing distrust toward firms that use AI, while an Australian survey found most believe it creates more problems than it solves.
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