Archive for month: May, 2024
BitGo’s $100M Suit Against Galaxy Digital Can Proceed, Delaware Supreme Court Rules
Cryptocurrency custodian BitGo will get a fresh chance to sue financial services firm Galaxy Digital over the two companies’ failed $1.2 billion merger agreement after Delaware’s Supreme Court reversed an earlier ruling to dismiss BitGo’s lawsuit.Source
3 Questions About the SEC’s Abrupt ETH ETF Approval
Was the decision politically motivated? What does it mean for Ethereum going forward? Will other leading chains benefit too?Source
Bitcoin Miner Marathon Digital Signs Deal With Kenya to Invest in Green Energy Projects
The company will help monetize stranded energy in the African country and help manage its renewable energy production.Source
Coinbase Slugs It Out With U.S. SEC in Effort to Get Key Crypto Question Answered
Coinbase Inc. (COIN) took another step in its back-and-forth argument with the U.S. Securities and Exchange Commission (SEC) on whether the cryptocurrency exchange should be allowed to raise a single, core legal point for consideration by a higher court.Source
Ether ETF Listing Approval Sees Billions Poured Into Restaking Protocol Ether.Fi
The decentralized finance (DeFi) sector will experience an ecosystem boost after a spot ether {{ETH}} exchange-traded fund (ETF) was approved in the U.S. on Thursday, according to Mike Silagadze, CEO of ETH restaking protocol Ether.fi.Source