Crypto exchange Gemini is facing a class-action lawsuit over what a complaint alleges is an “abrupt corporate pivot to a prediction-market-centric business model” after its IPO. Read More at https://cointelegraph.com/news/gemini-sued-over-post-ipo-strategy-shift-declining-stock-price?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Author Archives: pdgweb
Appeals court denies Kalshi’s bid to stave off ban in Nevada
US gaming lawyer Daniel Wallach says a Nevada state court-issued restraining order against Kalshi appears imminent, preventing it from offering sports-related contracts. Read More at https://cointelegraph.com/news/appeals-court-denies-kalshi-s-bid-to-stave-off-ban-in-nevada?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Major gold trade group releases framework for tokenized gold
The World Gold Council says it will develop a platform to connect physical gold to the systems used to issue and manage tokenized gold products. Read More at https://cointelegraph.com/news/world-gold-council-framework-tokenized-gold?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Gemini shares surge 6% after hours on Q4 earnings
Gemini reported its fourth quarter revenues were $60.3 million, which co-founders Cameron and Tyler Winklevoss say is its highest quarterly revenue in three years. Read More at https://cointelegraph.com/news/gemini-shares-up-after-hours-on-q4-earnings?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
FBI warns fake FBI token on Tron is trying to scam users
Scammers impersonating the FBI via a token are telling Tron users they are under investigation and must complete a check to avoid having their assets frozen. Read More at https://cointelegraph.com/news/fbi-warns-phishing-scam-tron-blockchain?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Solana DApps revenue falls to 18-month low as SOL price risks $80 retest
Weakening onchain activity and bearish derivatives data suggest that a SOL price recovery will take longer than most investors anticipate. Read More at https://cointelegraph.com/news/solana-dapps-revenue-falls-to-18-month-low-as-sol-price-risks-80-retest?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Coinbase, Apex Group tokenize Bitcoin Yield Fund on Base
Coinbase Asset Management’s Anthony Bassili says the Bitcoin Yield Fund’s tokenized share class checks “identity and eligibility at the token level” for compliance. Read More at https://cointelegraph.com/news/coinbase-apex-tokenized-bitcoin-yield-fund-base?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Execution quality is the missing metric in Bitcoin and Ethereum markets
Crypto’s hidden trading costs demand the adoption of transaction cost analysis. Slippage, fees and fragmentation erode trust as crypto matures into institutional markets. Read More at https://cointelegraph.com/news/execution-quality-missing-metric?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin price tussle at $70K may hint that market bottom is not in
Bitcoin price dipped under $70,000, but a bull-friendly set-up on the lower time frames forecasts a swift rebound. Read More at https://cointelegraph.com/news/bitcoin-price-tussle-at-dollar70k-may-hint-that-market-bottom-is-not-in?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
SEC interpretation on crypto laws ‘a beginning, not an end,‘ says Atkins
The SEC chair signaled that the agency would defer to a market structure bill if passed by Congress, but needed a ”bridge” to clarify crypto regulation. Read More at https://cointelegraph.com/news/sec-interpretation-crypto-laws-paul-atkins?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound