The Block
Quick Take The Options Clearing Corporation said Monday it’s “preparing for the clearance” of options on spot bitcoin exchange-traded funds. Retail traders typically use options for speculation, while larger institutions use options as a hedge.
Quick Take The Treasury’s Office of Foreign Assets Control, or OFAC, designated Tornado Cash a sanctioned entity in 2022. The group of lawmakers asked Treasury to respond to questions about crypto mixers by Dec. 2.
Quick Take The new company would allow large financial firms to create, trade and settle financial instruments via blockchain. Goldman Sachs launched a crypto desk in 2021 and launched its Digital Asset Platform a year later.
Quick Take Econia Labs, known for their successful decentralized order book protocol ($210M+ trading volume), has launched emojicoin.fun – a platform enabling emoji-based tradeable digital assets on the Aptos blockchain. The platform uses sophisticated technical architecture, combining Concentrated Liquidity AMM and Constant Product AMM mechanics, with a focus on balanced liquidity and fair launch practices. The project represents a unique blend of serious DeFi infrastructure and cultural relevance, incorp
Quick Take TON Society’s “Hackers League” has a $1.4M prize pool and includes $2.1M in VC funding Hackers league consists of 20 boot camps each in a different city and 1 global online hackathon The global competition runs from September 12th to December 20th, 2024
MicroStrategy has purchased another 51,780 BTC for approximately $4.6 billion at an average price of $88,627 per bitcoin.The latest acquisitions come amid MicroStrategy’s sale of 13,593,865 shares for the same value.
U.S. spot bitcoin ETFs saw net inflows worth $365.5 million on Thursday.The inflows were led by Ark Invest and 21Shares’ $113.8 million.
Quick Take Base has surpassed a total value locked of $2 billion for the first time — a 370% increase year-to-date. The decentralized exchange Aerodrome is the largest contributor to the TVL growth, with over $1 billion in deposits.
Quick Take A U.S. district judge allowed charges of Tornado Cash co-founder Roman Storm to proceed to trial as she denied his motion to dismiss money laundering charges. The judge denied Storm’s argument that his programming of the software should be protected by the U.S. constitution. Storm’s trial is set for Dec. 2. He faces a maximum prison sentence of 45 years.
MARA Holdings announced its intention to offer $700 million of convertible senior notes in a private offering to qualified institutional buyers.The company plans to use the net proceeds to repurchase a portion of its existing convertible notes and acquire additional bitcoin.
