The Terraform Labs co-founder is in US custody after pleading not guilty to nine felony charges related to fraud at the platform. Source link
Day: January 6, 2025
Solana 24-hour DEX volume beats Ethereum, Base combined
The layer-1 network clocked nearly $3.8 billion in trading volume in the past 24 hours, according to DefiLlama. Source link
CleanSpark’s Bitcoin stash climbs to 9,952 BTC as hashrate grows
The Nasdaq-listed Bitcoin mining company is one of the world’s largest corporate BTC holders. Source link
Gemini agrees to a $5M penalty as part of proposed CFTC order
The proposed consent order, if approved by a judge, could allow Gemini Trust to avoid a Jan. 21 civil trial with the CFTC over alleged “false and misleading” statements. Source link
Do Kwon in US custody, South Korean president impeached: Law Decoded
Do Kwon, Terraform Labs co-founder, was extradited to the US by Montenegro, bypassing South Korea’s petition. Source link
Anchors Are Evil! Bitcoin Core Is Destroying Bitcoin!
I really thought that we had seen the bottom in terms of Bitcoiners making irrational and ridiculous arguments against improvements to Bitcoin, in order to paint themselves as some kind of righteous underdog fighting against corruption and incompetence from the inside. Boy was I wrong. So, some things to explain first. With Lightning channels, you have to decide your fee-rate for a unilateral close transaction ahead of time. Because the actual UTXO is a multisig, both parties to the channel have to sign the transactions either side uses to close…
Bitcoin traders target $138K BTC price after Coinbase premium hits ‘breakeven point’
The return of the Bitcoin “Coinbase premium” could be a sign that BTC price is on the path to $138,000. Source link
Hyperliquid integrates Router Nitro for cross-chain deposits supporting Ethereum, Solana, and Sui
Key Takeaways Hyperliquid now supports direct cross-chain deposits from over 30 EVM and non-EVM chains including Ethereum, Solana, and Sui. The integration of Router Nitro enhances user experience by removing the need to bridge through Arbitrum. Share this article Hyperliquid, a layer 1 blockchain and decentralized exchange, has integrated Router Protocol’s Nitro bridge to enable direct deposits from more than 30 EVM and non-EVM chains, including Ethereum, Solana, Sui, Tron, and Base. The integration eliminates a previous two-step process that required traders to bridge funds through Arbitrum before accessing Hyperliquid.…
Digital Sovereignty Alliance launches to champion ethical crypto policies in the US Senate and House of Representatives
Share this article Washington, D.C., January 6, 2025 – Today marks the official launch of the Digital Sovereignty Alliance (DSA), a nonprofit organization dedicated to advancing clear and ethical public policy, research, and education surrounding emerging technologies, including decentralized technologies, blockchain, cryptocurrency, Web3 innovations, and artificial intelligence. DSA is focused on elevating the quality of public policy and public understanding of blockchain technology. Through in-depth research and dynamic educational events, DSA will work to foster an informed approach to technology governance, placing a strong emphasis on ethics, transparency, and digital…
Price analysis 1/06: SPX, DXY, BTC, ETH, XRP, BNB, SOL, DOGE, ADA, AVAX
Sustained buying by institutional investors pushed Bitcoin above $100,000, opening the doors for a retest of the all-time high. Source link