Qredo’s Ankex Crypto Exchange Shutters, CEO Michael Moro Leaves
The hybrid exchange unveiled last year was headed by ex-Genesis CEO Michael Moro, who appears to have departed.Source
Lawmaker Calls for the UK Government to Do More for Blockchain
Member of Parliament Natalie Elphicke also announced that the parliamentary group she chairs will be hosting industry round tables and a call for evidence.Source
Crypto Firm SafeMoon Files for Chapter 7 Bankruptcy, SFM Plunges 42%
The firm’s executives were arrested last month on multiple charges.Source
Sales of Solana Phone Surge as Traders Chase BONK Arbitrage
Solana’s Sage phone is seeing a surge in sales on the backs of arbitrage traders chasing a lucrative BONK payout.Source
Financial Regulators Reiterate Call for Legislation to Address Crypto Risks
Congress needs to pass laws addressing stablecoins and non-securities spot markets, the Financial Stability Oversight Council said in its latest annual report.Source
‘Bitcoin NFT’ Hysteria Comes to Sotheby’s as Super-Mario-Style Mushroom Character Tops $200K
In the historic auction house’s first-ever sale of the Ordinals inscriptions known as “NFTs on Bitcoin,” a batch of three pixelated images from a mushroom-themed collection drew about $450,000, or roughly five times the highest estimates.Source
Chainlink Data Feeds Available on Polygon zkEVM
Developers building on Polygon’s zkEVM will be able to incorporate these data feeds into their on-chain applications.Source
TradFi Goes All-In on Fed Rate Cuts. What It Means for Bitcoin
The Fed yesterday signaled that far easier monetary policy is in store for 2024.Source
Arbitrum Throws Hat In Ring for Celo’s Migration to Layer-2 Blockchain
Celo originally planned to build its Ethereum layer-2 network with Optimism’s OP Stack. Then Polygon and Matter Labs pitched their stacks. Now, Arbitrum, the biggest layer-2, wants in on the bake-off.Source
Early Ethereum Backers Cyber.Fund to Invest $100M in ‘Cybernetic Economy’
Cyber.Fund, which also backed Cosmos, Solana and Polkadot, is focused growing the “cybernetic economy,” in which blockchain is the bedrock.Source