The efforts from Ark 21Shares and Global X to list spot bitcoin exchange traded funds (ETFs) must now officially wait longer for the U.S. Securities and Exchange Commission (SEC) to either approve or reject or deny their applications as the agency moved to extend deadlines Tuesday.Source
The U.S. Securities and Exchange Commission (SEC) should listen to the courts and give up its efforts to block exchange traded funds (ETFs) holding bitcoins, a bipartisan group of lawmakers argued in a letter to SEC Chair Gary Gensler.Source
The decision followed internal discussions among the company’s leadership and board of directors, and the company plans to focus on “economically viable opportunities.”Source
Judge Lewis Kaplan, who’s overseeing Sam Bankman-Fried’s upcoming trial, set guardrails for certain witness questions and testimony.Source
Binance’s liquid staking ether (ETH) saw a sudden $500 million burst of inflows over the weekend, pushing its total locked value (TVL) to $1.2 billion.Source
Higher yields are taking a toll on traditional assets as well, with the Nasdaq sinking 1.2% to its lowest level since early June.Source
The median pay globally among 570 engineers surveyed was $120,000, with those in North America getting $193,000, up 1.5% versus the prior year, based on the study.Source
Optimism’s native token OP has dropped over 10% in a week, the most among the largest cryptocurrencies, ahead of its unlocking date that will increase the token’s supply.Source
The firm has registered as a crypto exchange and custody wallet provider.Source
Jatinder Singh and his partner bought four houses, cars, artwork and other luxurious items with money they received due to an accounting error by Crypto.com, according to the Guardian.Source