– Grayscale Investments files for a new spot Bitcoin ETF on NYSE Arca, following its ongoing effort to convert its Grayscale Bitcoin Trust into an ETF.
– New York Attorney General sues Gemini, Genesis, and DCG for allegedly defrauding investors through the Gemini Earn investment program.
– Former FTX engineering director pleads guilty to fraud charges and faces up to 75 years in prison for defrauding users of the crypto exchange.
– Binance announces the shutdown of its European Visa debit card services in December, following the restoration of euro deposits and withdrawals.
– Elon Musk, Mark Cuban, and others submit a shared amicus brief to the Supreme Court of the United States, raising concerns about the SEC’s approach to conducting internal proceedings without juries.
– Bitcoin reaches a two-month high of $30,233, with market participants awaiting a weekly candle close to confirm the rally’s staying power.
– Fantom Foundation is hacked for over $550,000 worth of cryptocurrency, but claims that most of the stolen funds belonged to other users and that 99% of its funds remain safe.
– TrueUSD announces a potential leak of KYC and transaction history data after a third-party vendor was compromised.
– Gaming project FinSoul allegedly carries out an exit scam, siphoning $1.6 million from investors through market manipulation and hiring actors to pose as executives.
– The impact of Satoshi Nakamoto’s thoughts on ZK-proofs and the potential risks of Ethereum restaking are explored.
– Bitmain allegedly fires staff for speaking out against salary cuts, Hong Kong investors lose faith in crypto after a scandal, and Bitget introduces a new crypto credit card.
