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Norwegian and Swedish officials have expressed support for banning BTC mining due to the activity’s perceived environmental cost.
Over the past several weeks, OMG, the native token of the OMG network, has experienced steep backwardation in its futures curve. A basis trade, however, was inaccessible due to certain market dynamics.
Cboe Global Markets is acquiring crypto spot and derivatives platform ErisX. Ownership of ErisX provides Cboe with entry to digital asset spot and derivatives markets, including clearing and settlement.
Crypto remains relatively unchanged this morning. BTC has outperformed in the Top 10 over the past seven days and is up 16% over the period.
Last week, SEC Chairman Gary Gensler told crypto news outlet The Block that staking via third parties may qualify as a securities contract. The comments may challenge key concepts related to Ethereum’s PoS system.
Twitter has launched a tipping feature via BTC’s layer 2 Lightning Network (LN). The network has more than doubled the amount of BTC deployed on it since the start of the year.
Goldman Sachs has participated in a USD 41 million raise by crypto fund manager One River Digital Asset Management. We review the bank’s involvement in crypto to date.
Last week, SEC Chairman Gary Gensler told crypto news outlet The Block that staking via third parties may qualify as a securities contract. The comments may challenge key concepts related to Ethereum’s PoS system.
Officials are also said to be readying a “policy framework” for stablecoins, due to be released in the coming weeks.
Blockchain applications are tested in practice spaces unable to simulate the full range of scenarios under which the tech is expected to perform. As such, events such as Solana’s outage will likely continue to be a feature of blockchains and their applications.