Crypto Exchange Kraken Hires Former N26 and Coinbase Executives
On Thursday, cryptocurrency exchange Kraken announced two new hires to strategically position the company for future growth amidst ever-evolving global regulatory environments.
Former Binance CEO Offered $4.5B Bail to Leave for UAE
In December 2023, despite proposing to pay a bail of $4.5 billion, former Binance CEO Changpeng Zhao was denied permission by the court to return to the UAE.
CoinShares: Bitcoin Could Hit $58,700
The approval of a Bitcoin ETF and the expected loosening of monetary policy by the Federal Reserve in the first half of 2024 will push the cost of digital gold to around $58,700.
SEC Delays Decision on BlackRock’s Spot Ethereum ETF
The US Securities and Exchange Commission has delayed its decision on BlackRock’s proposed spot Ether exchange-traded fund (ETF) by one day.
Bulgarian Authorities Demand $3B from Nexo
The crypto lending platform Nexo is seeking $3 billion in compensation from Bulgarian authorities for the losses it incurred during an investigation that was ultimately discontinued.
Cosmos Rejects an Initiative Aimed at Eliminating Inflation
The proposal to reduce the minimum inflation of the native ATOM token from 7% to 0% did not receive support from the Cosmos Hub ecosystem community.
Arthur Hayes: Bitcoin Will Continue to Fall
BitMEX co-founder Arthur Hayes believes there could be a further decline in Bitcoin in the near future.
