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Blockhead Brief: BTC Teases US$25K, Altcoins Rally
BTC continued its upwards trend. Also, South Korea has joined the US in investigating staking services, Solana has received a boost from the Helium Foundation, and more.
Related
Blockhead Brief: Banking Industry Has More Issues Than Crypto
From First Republic's failure to a Bitcoin poser's jail sentence, the Labour Day Weekend did not disappoint
Australia to Boost Crypto Legislation, Societe Generale's Stablecoin, ETH Taipei Opens, & Events This Week
With the rise of crypto assets, Australia says the regime must be reformed to respond to the risks posed by them.
Blockhead Brief: US Congress Drafts Stablecoin Legislation, Solana Phone, Cardano Wallet
The weekend saw the announcement of Cardano's native wallet, while a new bill has been drafted in Congress regarding stablecoin legislation.
Latest
Circle's Claimed Impotence
Circle tells a Wisconsin court it can’t seize USDC, while regulators argue it’s choosing not to, setting up a rare, real-time clash between technical design, contractual wiggle room, and outright defiance of a seizure order.
Celsius Restructuring Vehicle Ionic Digital Forecasts Up to $195M Revenue Ahead of July 28 Nasdaq Debut
Celsius creditors received about 37 million Class A shares in Ionic as part of the lender's bankruptcy plan, and Friday's direct listing will be the first public pricing of what that partial recovery is actually worth.
Poolin, Once the World's Largest Bitcoin Mining Pool, Files Chapter 11 to Sell Texas Assets
The Singapore-based pool's U.S. units lined up a $52 million stalking-horse bid for their West Texas sites, four years after Poolin's wallet arm froze withdrawals and left customers holding $163.7 million in IOUs.
Thailand's SEC Files Criminal Complaint Against Bitkub Over Alleged Cover-Up of 2021 Hack
Bitkub says its founders quietly covered the loss to prevent a bank run and that no customer was ever harmed, but the SEC's case rests on the argument that concealing the theft from regulators was itself the violation.