Sam Bankman-Fried’s Attorney to Resign on Dec. 13
Damian Williams, the US Attorney for the Southern District of New York, has declared his intent to resign from his position before the nomination of a replacement by President-elect Donald Trump in January. The US Justice Department issued a notice on November 25 informing Williams that he intended to resign from his position as the […]
DeFi Protocols Surge Over 50% in November
November is closing, and native tokens from various decentralized finance (deFi) protocols are experiencing gains exceeding 50%, pushing DeFi’s total value back to levels last seen in 2021. Data from the Tie Terminal indicates that tokens issued by Curve Finance, Athena, and Lido have experienced some of the most significant market capitalization gains over the […]
WisdomTree Applies for XRP ETF in Delaware
On Nov. 25, WisdomTree assets management firm filed for an XRP exchange-traded fund (ETP) in Delaware. This action indicates that the firm intends to submit a more comprehensive application to the US Securities and Exchange Commission (SEC). The company is an early applicant for the XRP ETF in the United States, joining Bitwise, Canary Capital, […]
Sui Network to Launch Bitcoin Staking
On November 25, Babylon Labs and Lombard Protocol indicated they are in the process of implementing liquid Bitcoin staking on the Sui network, starting in December. According to the announcement, Bitcoin holders on Sui can stake BTC to Babylon, a Bitcoin layer 2 (L2) network, and mint LBTC, Lombard’s liquid staking token (LST), beginning in […]
Timestamp to Build Crowdfunding Platform for Bitcoin Startups
A new crowdfunding platform in the United States, Timestamp, has been dedicated to Bitcoin startups to connect crypto initiatives to new funding sources. Timestamp disclosed the initiative on November 25, and it is accessible to both accredited and non-accredited investors. According to the organization, investors will acquire ownership interests in backed companies that are comparable […]