Tether Increases its Bitcoin Reserves
On March 31, Tether, the company responsible for the stablecoin USDT, acquired 8,888 Bitcoins worth $618 million.
130,000 Bitcoins Withdrawn from Exchanges This Year
Since January 11, nearly $10 billion worth of Bitcoins have been withdrawn from exchange wallets.
USDC’s Market Cap Reaches an Annual High
Since the beginning of January 2024, the market supply of the second-largest stablecoin, USD Coin (USDC), has been increasing.
Consensys Urges SEC to Greenlight Spot Ethereum ETFs
Consensys has addressed the United States Securities and Exchange Commission’s inquiry into whether Ethereum’s proof-of-stake consensus mechanism raises unique concerns regarding spot ether exchange-traded fund (ETF) applications.
FTX Founder Is Sentenced to 25 Years in Prison
On Thursday, FTX founder Sam Bankman Fried was sentenced to nearly 25 years in prison for his involvement in a criminal fraud trial that resulted in the loss of $8 billion by retail investors.
Bitwise Files with SEC Application for an Ethereum Spot ETF
Bitwise, a crypto investment firm, submitted an application to the Securities and Exchange Commission (SEC) today to offer a spot Ethereum ETF.
Crypto Exchange HKVAEX Drops License Application in Hong Kong
HKVAEX, a crypto exchange based in Hong Kong and allegedly connected to Binance, has withdrawn its application for a license from the Securities and Futures Commission (SFC) on March 28.
