Digital Currency Group (DCG) and Genesis creditors have reached a deal in principle to resolve the claims in the Genesis Capital Chapter 11 cases, according to a court filing on Tuesday.Source …
Bitcoin Slumps Under $26K as Bearish Outlook Engulfs Crypto Market
Price-charts suggest more declines ahead even as large investors are adding on their bitcoin holdings, one trader said.Source …
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Laos drought pulls the plug on crypto mining electricity supply
The drought that the country experienced in the first half of 2023 resulted in higher electricity demand and lower power generation capabilities from hydropower plants. Source …
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Judge to hear Sam Bankman-Fried’s defense against 4M pages of new evidence
Judge Lewis Kaplan ordered the government to respond to Bankman-Fried’s counsel concerning appropriate access to discovery materials, as well as a request barring prosecutors from using new evidence. …
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SEC vs. Ripple: Pro-XRP lawyer urges Clayton, Hinman testimony
John Deaton points out that testimony from former SEC officials Bill Hinman and Jay Clayton during the SEC vs. Ripple Labs case would have categorized XRP as a non-security early on. Source …
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Bitcoin sails the seas: sailor paints giant ‘B’ on boat to promote crypto across the ocean
A captain from Brussels took his passion for sailing and Bitcoin and set sail on his Sato Boat painting with a giant orange “B” to promote the cryptocurrency across the seas. Source …
Binance Is Contacting Low-Cap Crypto Projects in Bid to Boost Trading
The crypto exchange is conducting a "risk management initiative" targeting some crypto projects with a relatively small market capitalization or whose tokens form lower-liquidity trading pairs.Source …
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