The executive’s detention sets a “a dangerous new precedent,” Teng wrote in a blog post.
Thai Crypto Exchange Bitkub May Be Valued as High as $3B in IPO: CEO
Jirayut Srupsrisopa said earlier this month that an IPO was planned for next year.
Blockchain Developer Monad Labs Raises $225M Led by Paradigm
The company is looking to offer an Ethereum-compatible environment that’s faster than the original.
Crypto Stocks Gain as Bitcoin Tops $72K for First Time Since March
Crypto-related companies looked set to start the week on a positive note.
Thai Crypto Exchange Bitkub Plans 2025 IPO: Bloomberg
The exchange’s owner signaled its intention to sell shares to the public in a 2023 letter that didn’t give a timeframe.
Binance Executives File Suit Against Nigeria: Local Media
The two Binance executives held in Nigeria after being invited for consultations filed suit against two government agencies for allegedly violating their human rights.
Craig Wright Assets Frozen by UK Judge to Prevent Him Evading Court Costs
Judge James Mellor found earlier this month that Wright was not, as he’d claimed, Bitcoin inventor Satoshi Nakomoto
Crypto Stocks Rise as Bitcoin Plows Through $59K for First Time Since 2021
Gains among exchange-traded funds were led by BlackRock’s IBIT.
Cathie Wood’s ARK Invest Sells Coinbase Shares for First Time in a Month
ARK sold $34.3 million of shares in the crypto exchange, which is due to report earnings after the U.S. market closes.
Fed Chair Powell Told House Democrats U.S. Needs Stablecoin Bill: Politico
Powell also said a CBDC would need Congress’ approval before the Federal Reserve will act.
Crypto Stocks Advance Pre-Market as Bitcoin Tops $51K, Market Cap Hits 26-Month High
Total crypto market cap climbed to $2 trillion for the first time since April 2022.
Chainalysis, Fireblocks, Gauntlet Make Forbes’ Fintech List
The three crypto companies have together raised a total of $2 billion.
Binance to Delist Monero Privacy Token; XMR Slides
The crypto exchange will stop listing the token as of Feb. 20.
Stablecoin Issuer Circle Internet Files for IPO
The number of shares to be offered and the price range for the proposed offering hasn’t been set.
Cathie Wood’s ARK Invests in ProShares Bitcoin ETF After Dumping Grayscale Holdings
The investment fund bought $9.2 million worth of BITO shares while selling $27.6 million worth of COIN.
Barry Silbert Resigns as Grayscale Chairman, to Be Replaced by Mark Shifke
Shifke is the CFO of Silbert’s Digital Currency Group and will take over Jan. 1, Grayscale said in an SEC filing.
Mt. Gox Appears to Have Started PayPal Repayments Tied to 2014 Bitcoin Hack
Payments through bank accounts are still awaited.
Japan’s Cabinet Proposes Scrapping Corporate Tax on Unrealized Crypto Gains
Prime Minister Fumio Kishida’s government has been considering submissions on how best to encourage the industry’s development, which it sees as a pillar of economic reform.
Spot Crypto ETF Applications Will Be Considered, Hong Kong Regulators Say
The statement from the SFC and HKMA comes as expectations mount the U.S. SEC is on the verge of approving a spot bitcoin ETF.
ARK Invest Coinbase Share Sale Takes December Total Close to $200M
Cathie Wood’s investment firm also sold GBTC stock while increasing its holdings of Block.