Coindesk press review - RSS
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- SEC Committed 'Gross Abuse of Power' in Suit Against Crypto Company, Federal Judge RulesA federal judge ruled that the U.S. Securities and Exchange Commission must pay legal costs for Debt Box, a Utah-based crypto company the SEC brought a suit against, finding that the regulator had committed a "gross abuse of power" in its efforts to secure a temporary restraining order.
- Fidelity Adds Staking to Ether ETF Application, Sending LIDO Up 9%Money management giant Fidelity wants to allow traders of its potential ethereum fund to be able to stake some of the assets, it wrote in an amendment with the U.S. Securities and Exchange Commission (SEC).
- Crypto Firm Bakkt Shakes Up Leadership, Names Board Member Andy Main New CEOThe current CEO Michael will step down “to pursue other opportunities.”
- Is Toxic Bitcoin Maximalism Getting Less Toxic?As BTC gets Wall Street approval and developers build new applications on the network, Bitcoiners are ditching some of their previous siege mentality.
- Tether's USDT Gets Delisted on Crypto Exchange OKX for EU UsersThe action may foreshadow regulatory restrictions in the region for the largest stablecoin by market capitalization and trading volume, as upcoming E.U. rules will require stablecoin issuer to be licensed electronic money institutions.
- FTX Claims Holder Attestor Takes Creditor to Court Over Alleged 'Seller’s Remorse'London-based investment firm Attestor Capital, a top holder of FTX bankruptcy claims, has filed suit against a FTX creditor who allegedly promised to sell the firm two FTX accounts, only to back out of the deal once the value of its claims skyrocketed.
- Fidelity’s Bitcoin Fund Becomes Fifth Most Popular of All ETFs in 2024Fidelity’s Wise Origin Bitcoin Fund (FBTC) is the fifth most popular exchange-traded fund (ETF) on the market right now, attracting more than $6.9 billion since its introduction on Jan. 12, according to data from Bloomberg Intelligence.