BitGo, Swan to Form Bitcoin-Only Trust Company

“It’s important to us to build a custodian without the risks of securing many altcoins within the same trust company as bitcoin,” Cory Klippsten, CEO of Swan, said.Source

First Mover Americas: Altcoins Lead Gains and Deutsche Bank to Explore Tokenization

The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 15, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.Source

Bitcoin Miner F2Pool Returns 19.8 BTC to Paxos After Overpaid Fee

Paxos paid $520,000 for a $2,000 bitcoin transaction earlier this week.Source

A Year After Ethereum Merge, Net Supply Down Nearly 300K Ether

Ethereum’s tokenomics exhibit deflationary tendencies one year after the pivotal proof-of-stake upgrade.Source

Celsius, Core Scientific Resolve Acrimonious Mining Dispute With $45M Deal

Celsius had previously claimed hundreds of millions in damages in a squabble over unpaid dues that led to its mining rigs being powered down.Source

Bitcoin Bounce Puts Altcoin Bears at Risk

Bitcoin’s bounce amid fears of FTX creditor liquidation might shake out altcoin bears, leading to a sharp rally in recently shorted tokens like solana.Source

South Korea’s Crypto Ecosystem Shakes Off Terra Debacle, With Gaming Dominating Web3 Activity

Korean banks are gradually dipping their toes in the market, and gaming firms are trying to capitalize in the crypto-frenzied market.Source

Binance.US Not Playing Ball With Probe, SEC Says, as Focus Turns to Custody Arm Ceffu

Securities regulators have complained the exchange is unregistered, and worry about assets being shifted overseas.Source

The Inanity of the SEC ‘Stoner Cat’ Action

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Most Important U.S. Senator for Crypto’s Future Tells Regulators to Use Existing Powers

U.S. Sen. Sherrod Brown (D-Ohio), whose chairmanship of the Senate Banking Committee gives him power over crypto’s congressional destiny, issued a call to arms to regulators on Thursday, demanding that they use whatever authority they currently have over digital assets to improve market transparency and protect the investors putting their money into the sector.Source