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Mike Novogratz Seeking More Crypto Bankruptcy Assets: Financial Times

“We have a crypto venture team that has been investing off our balance sheet for five years,” Kurz said, according to the newspaper. “The record that we have on that side of our asset management business means we’d be a good candidate for something like that.” Source link

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2023 Prepared the Ground for Crypto’s Future

If you pay attention to the progress of blockchain and crypto, 2023 was an amazing and constructive year. As we approach the end of the year that was challenging from a business perspective, I can tell you, I still think we’re going to make it. On the other hand, if you weren’t tuned into the…

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What’s in Store for Crypto Regulations in 2024?

Federal judges won’t be hurried into ruling on the weighty questions of defining tokens as securities. And if the commission led by crypto adversary Gensler chooses to make everything last as long as possible, delay costs the industry more than it costs the SEC’s legal team. In the meantime, the SEC and the Internal Revenue…

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Bitcoin Ends the Week in Muted Mood

Historically, cryptocurrency markets have been dominated by unregulated trading venues and retail investor activity. Still, this year shows how much market structure and participation has evolved and become institutionalized, Goldman Sachs (GS) said in a report last week. The crypto market saw a growth of regulated, centrally cleared derivatives venues in 2023, including Coinbase Derivatives,…

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European Blockchain to Get Boost Under Belgium’s EU Council Presidency, Digital Minister Mathieu Michel Says

“We are really bringing a lot of attention to privacy, but also transparency, control of the data. And with the blockchain, there is a technical aspect that can bring us that. And that’s really, for example, the interoperability between the application in France, Italy and Spain,” Michel said. Source link

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Major NFT Indicies Stable After NFT Trader Hack

Bored Ape Yacht Club and Mutant Ape Yacht Club NFTs were returned to their owners after Yuga Labs’ Greg Solano and Boring Security DAO paid a bounty. Source link

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FTX Files Reorganization Plan to End Bankruptcy

In the new proposal, creditor and customer claims are classed according to the priority the estate plans to give them, and the value of claims will be calculated based on asset prices as of the date the company filed for bankruptcy. In a separate statement, the estate said the plan was designed to “maximize and…

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Bitcoin (BTC) Prices Hover Over $41K as Memecoin, Ordinals Frenzy Clogs up Blockchains

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Meme Coin BONK’s Surge Send Prices of Solana Saga Phone Flying to $2K

“We haven’t seen a ton of signal whether that’s a compelling enough thing to sell 50,000 units,” Solana founder Anatoly Yakovenko said during an interview at the time. “I think 25,000 to 50,000 units to feel like there is a hardcore user base for developers to be compelled to ship applications.” Source link

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Meme Coin BONK Spikes 40% on Coinbase Listing

Prices reversed nearly all losses from last week following the announcement. BONK traded at $0.000014 on Thursday morning, with a trading volume of over $235 million. Source link

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