{
Araceli Martínez-Olguín

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}
crypto industry updates bvnk expansion coinbase lawsuit tether trading and ftx repayments
BVNK has raised $50 million in a Series B funding round to expand its stablecoin operations into the US, targeting San Francisco and New York City. Meanwhile, Coinbase faces a $1 billion lawsuit from BiT Global over its delisting of Wrapped Bitcoin, which BiT alleges is an anticompetitive move. Additionally, Deutsche Bank is developing a layer-2 blockchain on Ethereum to enhance compliance in regulated finance, while Tether's USDT continues to be traded across European exchanges despite Coinbase's delisting.
Cointelegraph
United States Dollar Crypto.com Staked ETH USD Kraken Energy Corp. Coinbase Global, Inc. Deutsche Bank RV Global PP HKG Araceli Martínez-Olguín Justin Sun Paul Grewal Show more
Finance & Economy, News Article
22:00 20.12.2024
bitcoin miners increase holdings with significant purchases amid market fluctuations
Bitcoin mining companies MARA and Hut 8 have significantly increased their Bitcoin holdings, with MARA purchasing a total of 15,574 BTC for approximately $1.53 billion, raising its treasury to 44,394 BTC valued at over $4.4 billion. Hut 8 added 990 BTC for about $100 million, bringing its total to 10,096 BTC. Both firms rank among the top six publicly traded companies by Bitcoin holdings, despite recent declines in their stock prices amid a broader market downturn.
Decrypt
Hut 8 Corp. USA HKG Araceli Martínez-Olguín Asher Genoot
Finance & Economy, Market Report
20:09 19.12.2024
court denies biT global request to halt coinbase wBTC delisting
A federal judge in California has denied BiT Global's request to halt Coinbase's delisting of wrapped Bitcoin (wBTC), citing insufficient evidence of imminent harm. The ruling allows Coinbase to proceed with the delisting, which it justified due to concerns over ties to Justin Sun, who faces fraud charges from the SEC. Coinbase now has 30 days to respond to broader claims in BiT Global's lawsuit, which includes allegations of attempted monopolization.
CryptoPotato
Coinbase Global, Inc. USA Araceli Martínez-Olguín Sonal Mehta Justin Sun Paul Grewal Show more
Regulatory & Legal, Press Release
19:18 19.12.2024
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