The Block
Quick Take Judge Jed Rakoff in the U.S. District Court for the Southern District of New York granted summary judgment for the SEC on that claim, while also siding with Terraform “on the claims involving offering and effecting transactions in security-based swaps,” according to an order filed on Thursday.
Quick Take Former New Jersey resident Diana Mae Fernandez promised guaranteed returns as high as 63 percent by claiming to invest customers’ money in crypto, private and publicly traded companies and luxury real estate, the SEC said in a litigation release posted on Thursday.
Quick Take This crypto quiz is designed to test how well you recall key crypto events that happened during 2023.
Quick Take Bitcoin options trading volume has hit an all-time high across major crypto derivatives exchanges. On Friday’s options expiry, a record-breaking $7.7 billion worth of bitcoin-linked options will expire on Deribit.
Quick Take zkSync, a Layer 2 scaling solution for Ethereum, processed more transactions than the Ethereum mainnet over the past month. zkSync handled 34.7 million transactions in 30 days, surpassing Ethereum’s 34.2 million in the same period.
The approval of a spot bitcoin ETF could be a “sell the news” event, with the BTC price potentially reaching a low of $32,000, CryptoQuant analysts said.
Quick Take Perpetuals-trading protocol Levana suffered an exploit — resulting in a loss of over $1.14 million. The exploit, which lasted 13 days, let an attacker drain 10% of Levana’s liquidity pools.
Cathie Wood’s Ark Invest sold another 148,885 Coinbase shares on Wednesday as it continued its December selling spree for COIN.The firm purchased 4,320,928 units of ProShares Bitcoin Strategy ETF (BITO), a bitcoin futures-linked ETF product.
Quick Take Singapore launch follows Worldcoin halting verification services in India, Brazil and France. There are currently five verification locations in Singapore.
Quick Take Ethereum co-founder Vitalik Buterin has proposed three alternative ways of solving a potential pain point related to Ethereum’s consensus mechanism.
