Bakkt says it is ‘confident’ about continuing operations after disclosing liquidity issues in SEC filing

Bakkt Holdings said in a press release on Feb. 8 that it is “confident” it will continue operating despite expressing concerns earlier over its liquidity in a regulatory filing. Bakkt wrote that... Read more »

Bitcoin surpasses $44.2k, a level last seen days after Bitcoin ETF approvals

Bitcoin prices rose above $44,200 on Feb. 7, a price level observed shortly after spot Bitcoin ETFs gained approval last month. Specifically, Bitcoin (BTC) is up 2.5% over 24 hours as of... Read more »

DeFi ecosystem rebounds to 18-month high of $60 billion in assets, signaling investor confidence resurgence

The decentralized finance (DeFi) ecosystem has hit a significant milestone as the total value of assets locked (TVL) surpassed $60 billion, marking a return to levels last seen in August 2022. According... Read more »

Solana’s mainnet faces outage, causing a 5% drop in SOL token value

Solana validators said they would restart the blockchain network’s Mainnet-Beta cluster using version 1.17.20 after an outage today, Feb. 6. Earlier today, the Solana status page confirmed an outage on its mainnet.... Read more »

Trump calls CDBCs “very dangerous” and labels the power of AI “scary”

Former President Donald Trump expressed significant concerns about central bank digital currencies (CBDCs) and advancements in artificial intelligence (AI) during an interview on Fox’s Sunday Morning Futures. With the Republican Party potentially... Read more »

Crypto scams in 2024: A turn for the better or calm before the storm?

In January 2024 alone, cryptocurrency projects lost $127 million due to hacking and fraud – six times more than in January 2023 and three times more than last December. In the meantime,... Read more »

Genesis agrees to settle SEC lawsuit for $21 million

Genesis Global and its affiliated entities have settled with the Securities and Exchange Commission (SEC), agreeing to a $21 million penalty to resolve claims over the unregistered sale and offer of securities, according... Read more »

Whales and institutions lead the charge in Bitcoin’s exchange volume surge

As Bitcoin’s short stint below $40,000 caused quite a stir in the market, one could expect that its recovery to $42,000 would have caused a spike in retail trading activity. With short-term holders... Read more »

Tether reports $5B reserve excess after making more profit than Goldman Sachs last quarter

Goldman Sachs reported a profit of $2.01 billion in the last three months of the previous year, while Tether’s Q4 report revealed that its profits comprised $1 billion from U.S. Treasury bills and... Read more »
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