US Attorney behind Sam Bankman-Fried case will resign on Dec. 13
Deputy US Attorney Edward Y. Kim will serve as the acting head for the Southern District of New York until the Senate confirms one of Donald Trump’s nominees.
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Whales profit as high Ethereum gas fees sideline retail DeFi investors
High gas fees on the Ethereum network are making it nearly impossible for retail investors to interact with DeFi protocols but the same doesn’t apply to whales. 1146 Total views 9 Total shares Since early 2020 the decentralized finance sector has been recieved a lot of attention due to its cutting-edge innovation and the lucrative…

Bitcoin Dominates Demand as Genesis Processes $425 Million of Loans in Q1 2019
Cryptocurrency lender Genesis processed $425 million in loans over the first quarter of 2019, according to a report released on April 25.The company’s Q1 Digital Asset Lending Snapshot revealed bitcoin (BTC) continues to dominate demand, comprising 68% of its loan portfolio. Lending in ether (ETH) almost halved to 3.6% compared with the last quarter, and…

Binance CEO Changpeng Zhao: Bitcoin SV Founder Craig Wright ‘Is a Fraud’
Changpeng Zhao, the co-founder and CEO of major cryptocurrency exchange Binance publicly expressed distrust towards self-proclaimed Bitcoin (BTC) creator and Bitcoin SV (BSV) founder Craig Wright.In a tweet published on Feb. 24, Zhao explicitly said that Craig Wright “is a fraud.” He also seemingly recommended not to invest in Bitcoin SV:“Investing in a fraud never…

Men in crypto less attractive to women than cosplayers, anime buffs: Survey
Hundreds of surveyed women ranked their attraction to male hobbies, and crypto polled laughably low on the “attractive” meter.

Grayscale launches Dogecoin investment fund
The memecoin fund adds to Grayscale’s growing suite of single-asset crypto products.

BTC price jumps to 2-week highs on Grayscale vs. SEC Bitcoin ETF win
Bitcoin (BTC) neared two-week highs on Aug. 29 as news hit that digital asset manager Grayscale had won a lawsuit against United States regulators.BTC/USD 1-day chart. Source: TradingViewSEC was "arbitrary and capricious" with Bitcoin ETF rejectionData from Cointelegraph Markets Pro and TradingView captured an instant BTC price reaction to the event, with BTC/USD gaining $1,700…

China: Veteran Regulator Tells Sichuan to Tap Hydropower for Blockchain
A veteran Chinese regulator has told those tasked with steering the strategic development of Sichuan province to tap surplus hydropower for the blockchain industry.Jiang Yang — former vice-chairman of the China Securities Regulatory Commission — advised strategists that:“Sichuan should study further about how the province’s cheap hydropower resources can attract digital currency-related businesses.” Yang’s remarks were…

Largest Latin American eCommerce platform adds $7.8M Bitcoin to its treasury
The purchase makes the eCommerce platform the 36th publicly traded company to add Bitcoin to its balance sheet. 379 Total views 1 Total shares Mercado Libre, the largest e-commerce platform in Latin America, has announced to the U.S. Securities and Exchange Commission (SEC) that it acquired $7.8 million in Bitcoin in the first quarter of…