World Liberty Financial has been diversifying the assets in its multisignature wallet, apparently exchanging USDC for ether, LINK, and AAVE. Source link
Coinbase
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Bearish onlookers are increasingly skeptical that MicroStrategy’s flywheel of bitcoin accretion per diluted share can continue much longer. Source link
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Coinbase
UK watchdog asks firms to share current and future crypto exposures
by Deirdre Knoxby Deirdre KnoxThe Bank of England’s regulatory arm requests the crypto info from UK firms in order to assess stability and set policy. Source …
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Coinbase
Texas investor sentenced to two years after hiding BTC gains from taxman
by Deirdre Knoxby Deirdre KnoxAccording to the DoJ, Frank Richard Ahlgren III “falsely underreported capital gains” earned from BTC worth $3.7M between 2017 and 2019. Source …
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Coinbase
‘Someone is trying to ruin my Friday’ says Gate.io CEO after hack rumors
by Deirdre Knoxby Deirdre KnoxNews that the Gate.io crypto exchange was hacked spread online this morning after a source that did “zero checking” shared the news. …
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Coinbase
Tether-linked Cantor Fitzgerald pays $6.75 million SEC penalty
by Deirdre Knoxby Deirdre KnoxTether-linked Cantor Fitzgerald was charged with misleading investors of two SPACs in the run-up to $750 million initial public offerings. Source link
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On January 1 next year, the FASB will change an accounting rule regarding the treatment of bitcoin that will benefit MicroStrategy. Source …
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Coinbase
Coinbase sued over WBTC delisting by Justin Sun-affiliated BiT Global
by Deirdre Knoxby Deirdre KnoxJustin Sun-affiliated BiT Global sued Coinbase over its decision to delist WBTC and favor its own competitor, cbBTC. Source link
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Catly founder Kevin Yeung previously planned to launch two blockchain games and sunk $2.5M into a cat-themed project called Alien Meow. Source …
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Coinbase
Aave could leave Polygon over plan to use bridge funds for yield farming
by Deirdre Knoxby Deirdre KnoxAave is the largest protocol on Polygon, accounting for over a third of the chain’s total value locked (TVL) at $467 million. …
