Last month, FTX processed its second distribution of over $5 billion to former customers of the bankrupt exchange.
XRP Ledger plans to launch an EVM sidechain in the second quarter of this year to gain Ethereum compatibility.
Analysts say continued inflows into spot ETH ETFs, renewed interest in DeFi and positive comments from the SEC elevated ether's position.
The crypto exchange that owns CoinDesk has filed an initial public offering in the U.S., the Financial Times reported.
Connecticut's new law prohibits all levels of government within the state from holding or investing in crypto assets.
A part of the proceeds would be used to enter capped call transactions and prepaid forward transactions, the company said.
Lawmakers questioning the nominee appeared to believe the CFTC will need more resources if asked to regulate crypto more.
Though it's still uncertain when spot Solana ETFs would be approved, Bloomberg senior ETF analyst Eric Balchunas estimated they could be approved within two to four months.
1inch Labs claims to have reduced latency through an upgraded price route discovery algorithm called Pathfinder.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.