Kraken has secured a $22 million arbitration award against its former auditor Mazars USA, with co-CEO Arjun Sethi linking the dispute to what he described as Operation Chokepoint 2.0. Summary Kraken secured a $22 million arbitration award against former auditor Mazars over its withdrawn 2022 audit. Co-CEO Arjun Sethi linked the dispute to Operation Chokepoint
A Terminal Total Difficulty (TTD) of 50000000000000000 has been selected for the Ropsten Merge. Stakers and node operators must manually override the TTD in both their execution and consensus layer clients before June 7, 2022. Proof-of-Work testnets can have volatile hash rates and the exact timing of The Merge on Ropsten is hard to predict
Bitcoin is holding near $64,033, up 0.76% over the past 24 hours and roughly 6.3% higher on the week, a modest but meaningful recovery that has traders asking whether institutional money is finally returning in force. The answer, based on the flow data, is: cautiously yes. Spot Bitcoin exchange-traded funds (ETFs, regulated investment vehicles that hold
Mizuho has lowered its price target for Strategy while maintaining an outperform rating, signaling that it still expects MSTR shares to climb above the $200 level despite the company’s recent Bitcoin sale. Summary Mizuho cut its MSTR price target to $213 but kept an outperform rating, still expecting shares to trade above $200. The revised
Queridos amigos, It’s happening. Devcon is back! When we first announced that Devcon would take place in Bogotá, we spoke about all the city had to offer, and what we dreamed the event could become. Later this year, we will finally meet in Bogotá. With Devconnect now wrapped up, our team is working to bring
Grayscale Research has argued that Strategy’s recent $216 million Bitcoin sale has improved the company’s financial position while helping create conditions for a more stable Bitcoin price. Summary Grayscale says Strategy’s $216 million Bitcoin sale has reduced financing risk and strengthened its balance sheet. The research firm argues higher cash reserves could support a more
Tokenized equities posted record trading activity in June as investors piled into blockchain-based versions of SpaceX (SPCX) stock following the aerospace company’s blockbuster initial public offering. On-chain trading volume climbed 145% from May to $3.86 billion, according to CoinDesk Data’s latest Stablecoins & Tokenized Assets report. Tokenized SpaceX shares accounted for $1.19 billion of the
The following is an update from Ethereum Foundation Fellow Chuy Cepeda. Our identities hold immense power. In a time when people take great pride in using multiple pseudonyms or personas, we often think about how to identify ourselves. I identify as a native of Monterrey, Mexico, a Latin-American, a son, brother, father, husband, engineer, Ph.D.,
Ctrl Wallet has announced the permanent shutdown of its services after a recent security exploit, giving users until Aug. 3 to move their crypto assets before core wallet functions go offline. Summary Ctrl Wallet will permanently shut down on Aug. 3 and has urged users to move funds before wallet services end. Users can still
The Ethereum network will be undergoing a scheduled network upgrade at block 15,050,000, which is expected to occur on Wednesday, June 29, 2022. The exact date is subject to change due to variable block times and time zones. Please upgrade your node before Monday, June 27, 2022 to account for variable block times. What is
