Ark raises concern over Coinbase concentration in Bitcoin ETF filings days before potential approval

As the anticipation of the approval of a spot Bitcoin ETF finally comes to a head, the Ark 21Shares Bitcoin Trust has made 16 significant clarifications and additions to its S1 filing across several areas, ranging from operational processes to financial responsibilities and regulatory aspects, providing a more explicit, more detailed framework for the ETF’s The post Ark raises concern over Coinbase concentration in Bitcoin ETF filings days before potential approval appeared first on CryptoSlate.

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Vitalik wants Ethereum to be more ‘Cypherpunk’ hailing the social layer as its core USP

Ethereum’s co-founder Vitalik Buterin shared his insights on the evolving landscape of the crypto ecosystem on Dec. 29, mainly focusing on Ethereum’s role in shaping a more open and decentralized internet in a blog post entitled “Make Ethereum Cypherpunk Again.” Since its inception, Ethereum has journeyed beyond being a mere extension of Bitcoin with smart contracts. The post Vitalik wants Ethereum to be more ‘Cypherpunk’ hailing the social layer as its core USP appeared first on CryptoSlate.

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Court grants final approval for $225M Celsius mining company, steers clear of securities ruling

The United States Bankruptcy Court for the Southern District of New York approved the implementation of the “MiningCo Transaction” for Celsius and its affiliated debtors as part of the Chapter 11 bankruptcy proceedings on Dec. 27. This order, enacted by Chief Judge Martin Glenn, marks a critical juncture in the restructuring efforts of Celsius as The post Court grants final approval for $225M Celsius mining company, steers clear of securities ruling appeared first on CryptoSlate.

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Bitcoin mining stocks account for 25% of shares traded for top large caps, outperforming BTC into new year

Yesterday’s stock market, Dec. 27, reflected a surge in investor interest in Bitcoin-related stocks ahead of potential ETF approvals. Bitcoin mining companies’ stocks soared, outstripping the cryptocurrency’s gains amidst anticipating an imminent spot Bitcoin ETF approval. Marathon (MARA) led the charge as trading volumes swelled, surpassing even Tesla’s activity on the trading floor. Per Yahoo The post Bitcoin mining stocks account for 25% of shares traded for top large caps, outperforming BTC into new year appeared first on CryptoSlate.

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We need to do better. Web3 has to realize its promises in 2024.

In the brisk wind of technological advancement, where the sails of Bitcoin billow with the promise of new highs and institutional adoption, lies a sea fraught with hidden icebergs – the complexities and vulnerabilities of web3, along with the underlying arrogance that we are always better than web2. As I am about to sign off The post We need to do better. Web3 has to realize its promises in 2024. appeared first on CryptoSlate.

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