– Binance and its co-founder CZ have reached a $4.3 billion settlement with the US Department of Justice over criminal and civil cases. CZ will plead guilty to one felony charge.
– BlackRock and Nasdaq met with the SEC to discuss the listing of a spot Bitcoin ETF. BlackRock provided a presentation on how it could use an in-kind or in-cash redemption model for its iShares Bitcoin Trust.
– A Bitcoin user paid a $3.1 million transaction fee for transferring 139 BTC, making it the eighth-highest fee in Bitcoin’s history.
– The SEC has sued Kraken, alleging that it commingled customer funds and failed to register as a securities exchange. Kraken denies the allegations.
– Sam Bankman-Fried will remain in jail after failing to convince an appellate court to release him while his conviction is appealed.
– Bitcoin is at $37,710, Ether is at $2,079, and XRP is at $0.62. The total market cap is at $1.43 trillion.
– The top altcoin gainers of the week are Blur, FTX Token, and KuCoin Token, while the top losers are Celestia, ORDI, and THORChain.
– HTX (formerly Huobi Global) resumed services within 24 hours after suffering a $30 million hack.
– US prosecutors are trying to prevent CZ from leaving the country, citing concerns about his potential flight risk.
– KyberSwap has offered a 10% bounty reward to the hacker who stole $46 million, with the exchange wanting 90% of the loot returned.
– Substance abuse among crypto traders is growing due to the high-stress atmosphere of cryptocurrency trading.
– Dominic Frisby, a Bitcoin enthusiast, discusses his journey and the need for a new guru in the bull run.
– Alex O’Donnell, a financial journalist, talks about his career and involvement in crypto and DeFi.
