Bitcoin Miner Argo Blockchain Loses CEO
The troubled mining firm had to sell its biggest facility to stave off bankruptcy.
Read MoreFlux Finance Launches Lending Token Collateralized by U.S. Treasury Debt
Flux Finance invests in Ondo’s Short-Term U.S. Government Bond Fund (OUSG) a tokenized version of a Blackrock Treasury Bond ETF.
Read MoreCardano Upgrade Aims to Improve Cross-Chain Features as On-Chain DeFi Crosses $100M TVL
“This upgrade will bring new cryptographic primitives to Cardano, encouraging greater interoperability and secure cross-chain DApp development with Plutus,” IOG said Wednesday.
Read MoreLido DAO Governance Token Surges on Armstrong Comments About SEC Staking Ban
The SEC has declined to comment on rumors that it intends to classify tokens that allow staking as securities.
Read MoreFirst Mover Asia: Bitcoin Hovers Near $23K; Why AI Tokens Are on a Months-Long Tear
ALSO: Shaurya Malwa writes that institutional investment has made a compelling argument for AI-related protocols; LDO jumps after a tweet by Coinbase CEO Brian Armstrong.
Read MoreCoinbase’s CEO Cites ‘Rumors’ the SEC May Ban Crypto Staking for Retail Customers
“I hope that’s not the case as I believe it would be a terrible path for the U.S. if that was allowed to happen,” Brian Armstrong tweeted Wednesday.
Read MoreRobinhood Board Authorizes Purchase of Shares Bought by FTX’s Sam Bankman-Fried, Gary Wang
The online brokerage firm is planning to buy most or all of the 55 million shares previously owned by holding company Emergent Fidelity Technologies.
Read MorePayments Company Affirm Is Shutting Down Its Crypto Business
During the bull market of 2021, Affirm had joined a number of fintech firms in offering clientele the ability to buy and sell crypto.
Read MoreRobinhood’s Crypto Revenue Declined 24% to $39M in Q4
The online trading broker overall missed both earnings and revenues estimates for the quarter.
Read MoreCross-Chain Protocol Stargate Finance’s Token Surges by Double Digits on Trader Joe Partnership
The price jumped after an annoucement that Stargate would partner with Trader Joe announcement to unlock omnichain fungible tokens. The Stargate DAO also passed a token re-issuance proposal following security
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