Coinbase Takes Aim at CFTC’s Definition of ‘Gaming’ in Proposed Prediction Market Rules

Coinbase argues the definition is vague, and urges the CFTC to make determinations on a contract-by-contract basis rather than broad categorizationSource

Bitcoin Miner With Celsius Assets Delays IPO After Losing CEO and Auditor

Ionic Digital’s CEO Matt Prusak will step down this month, recently appointed CFO John Penver will take the helm in the interim.Source

Careers in Crypto: 5 Insights for 2024

In an overwhelming job market, leaning into personal networks and connections are more important than ever. Emily Landon, CEO of The Crypto Recruiters, outlines what is happening in the crypto job market and how you can position yourself or your company in 2024.Source

A Trump-Themed Token Soars, Then Dives 95% After His Son Dashes Hope the Former President Backed It

The debacle underscores the wild world of memecoin markets, where grifts and rug pulls abound.Source

Medical Data Company OneMedNet Latest to Pursue Bitcoin Treasury Strategy After Capital Raise

OneMedNet (ONMD) late last month raised $4.6 million in a private placement and used $1.8 million of the proceeds to purchase bitcoin, according to a press release. Among the investors was Off The Chain Capital, a crypto investment fund.Source

Bitcoin Nears $60K as Crypto Bounce Accelerates, but Recovery Might Be Choppy

While the crypto rally was broad-based with ETH, SOL, NEAR gaining 8%-10%, prices rarely go up in a straight line following major capitulation events such as Monday’s crash, one observer noted.Source

JPMorgan Remains Cautious on Bitcoin as Positive Catalysts Mostly Priced-In

Retail investors seems to have played large role in recent crypto selloff that saw sharpest correction since FTX, the bank said.Source

Crypto-Friendly Bank Ordered by Fed to Limit Risks From Digital Asset Clients

Customers Bank, which has done business with several of the most prominent crypto firms, has been called out by the U.S. Federal Reserve for inadequately policing illicit activity, particularly with digital asset clients.Source

Do Kwon’s Extradition from Montenegro Postponed Yet Again

Do Kwon’s extradition from Montenegro has been delayed yet again.Source

Crypto for Advisors: Bitcoin and Lending

Bitcoin’s emergence in collateral structures has the potential to revolutionize the lending landscape. Its ability to mitigate credit risk amid escalating uncertainties highlights its transformative power.Source