Monthly Archives: February 2024

Gemini agreed to pay $1.1 billion to its Earn customers when Genesis Global Capital, its former partner on Earn, wraps up its bankruptcy case.Genesis filed for bankruptcy in January 2023.Gemini has promised to return $1.1 billion to customers of its now-defunct Earn program after a settlement with the New York Department of Financial Services, NYDFS

Coinbase has again asked the U.S. Supreme Court to reinforce its position in a dispute over arbitration – marking a second time the crypto exchange has appeared before the high court to argue how customer disputes should be handled.Wednesday's arguments weren't about crypto, but arbitration is a topic that affects anybody who has any interaction

BlackRock's bitcoin ETF has traded nearly $3 billion Wednesday, twice as much as its previous volume record, with other new bitcoin ETFs also attracting heavy trading."These numbers are absurd," ETF analyst Eric Balchunas noted.The frenzy in ETF trading happened as bitcoin surged to $64,000 during the day then quickly fell off to $60,000.U.S. spot bitcoin

As the bitcoin (BTC) price pushes past $60,000 for the first time since November 2021, The Protocol is covering what's happening on the technology side of Bitcoin, the world's oldest and largest blockchain. Apparently, help is needed with the volunteer job of helping to manage proposals for Bitcoin software upgrades. We've also got an exclusive

Wallets containing bitcoin seized by the U.S. government in the notorious Bitfinex hack – later leading to guilty pleas for Ilya Lichtenstein and Heather "Razzlekhan" Morgan – have suddenly become active.Nearly $1 billion has been transferred from wallets tagged in the case to unidentified addresses, in a series of four transactions in less than two

Morgan Stanley is deciding whether to offer spot bitcoin ETFs to customers of its large brokerage platform.The arrival of broker-dealers like Morgan Stanley as well as large registered investment advisor (RIA) networks could bring more investment into the new products.Wall Street giant Morgan Stanley is in the midst of performing due diligence to add spot

On-chain data, web searches show muted participation from retail investors during bitcoin's rally over $60,000, IntoTheBlock analysts noted."This suggests that institutional investors could be steering this phase," the analysts said.Retail investors are sleeping on bitcoin's (BTC) rapid rally towards its all-time high, topping $60,000, crypto analytics firm IntoTheBlock noted Wednesday, citing metrics that signaled retail