Jack Dorsey Invests in Decentralized Bitcoin Mining Pool
Jack Dorsey Invests in Decentralized Bitcoin Mining Pool
NEAR Surpasses BTC & ETH In Activity, ChainLink's v0.2 Upgrade, Ronaldo Faces $1B Lawsuit Over Binance Promotion
Welcome to Coinfeeds Daily Digest! Today we cover Coinbase CEO Brian Armstrong's recent remarks on how the Binance settlement can help turn a page for 'bad actors' in crypto, ARK Invest's selling of the Coinbase stock at peak and purchasing of Robinhood shares, CZ stepping down from the Binance board, Genesis and DCG preparing to settle their lawsuit, and the SEC seeking input from the public regarding Frank Templeton's proposed spot Bitcoin ETF. We also cover Cristiano Ronaldo being hit with a $1 billion class-action suit over his promotion of Binance amid the exchange's recent scandal, NEAR protocol overtaking Bitcoin and Ethereum in daily activity, and more!
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Jack Dorsey Leads $6.2 Million Round In Decentralized Bitcoin Mining Pool OCEAN
OCEAN is a decentralized Bitcoin mining pool project that has recently secured a $6.2 million investment led by Block CEO Jack Dorsey. The project, spearheaded by developer Luke Dashjr, aims to distribute mining power more evenly across the network. | Read More
Coinbase CEO: Binance Settlement Will Turn the Page on Bad Actors
Coinbase CEO Brian Armstrong has publicly stated that the settlement of Binance could represent a significant turning point in the industry's history, signaling a move away from the "bad actors" that have previously cast a shadow over the crypto space. | Read More
CZ Steps Down from Binance.US Board
In a significant shift in the cryptocurrency landscape, Changpeng 'CZ' Zhao, the founder and former CEO of the global cryptocurrency exchange Binance, has announced his departure from the board of Binance.US. This move comes amid a series of legal and regulatory challenges faced by the company. | Read More
SEC Seeks Public Input On Bitcoin ETFs Proposed By Franklin Templeton
The SEC has recently made headlines by reaching out to the public for input on two proposed spot Bitcoin ETFs from Franklin Templeton and Hashdex. The SEC's call for comments is a significant step in the regulatory process, as it indicates the agency's careful consideration of the burgeoning cryptocurrency ETF market. | Read More
Cristiano Ronaldo Hit With A $1 Billion Lawsuit Over Binance Promotion
International football icon Cristiano Ronaldo has found himself in the midst of legal turmoil as he faces a proposed class-action lawsuit. The allegations stem from his involvement in promoting Binance, and the core of the lawsuit is the accusation that Ronaldo's promotion of Binance's NFTs inadvertently boosted the exchange's popularity, potentially misleading investors. | Read More
NEAR Protocol Surpasses Bitcoin & Ethereum in Daily Activity
NEAR has achieved a significant milestone by surpassing the giants of the industry, Ethereum and Bitcoin. With an impressive count of 838,000 daily active addresses and 1.7 million daily transactions, NEAR Protocol is showcasing its potential to support mainstream usage. | Read More
Coinbase Received Bybit-Related Subpoena From CFTC
Coinbase has recently notified certain customers about a subpoena it received from a U.S. regulatory body. The subpoena, which is connected to the crypto exchange Bybit, demands that Coinbase disclose information about its customers' accounts. This request was made by the CFTC. | Read More
ARK Invest Sells Coinbase At Peak, Buys Robinhood
ARK Invest made headlines with its decision to sell a significant portion of its Coinbase holdings, amounting to $5.3 million, at a time when Coinbase's stock reached an 18-month high. The sale of Coinbase shares coincided with the purchase of $1.2 million worth of shares in Robinhood. | Read More