Crypto News

FTX Can Now Sell Its $1B Stake in Anthropic to Repay Creditors

The value of the AI company's shares held by FTX has doubled since the last time a sale was contemplated.Source link

Crypto Exchange Kraken Files to Dismiss SEC Lawsuit Against It

The U.S. Securities and Exchange Commission didn't allege fraud and stretched the definition of a contract in its lawsuit against Kraken, the exchange said in a motion to dismiss the case Thursday.Source link

Kraken Decries ‘Expansive New Theory’ Behind SEC Lawsuit, Calls for Dismissal

The crypto exchange says Gary Gensler's agency is trying to “commandeer expansive new authority over the U.S. economy.”Source link

Block Says Its Bitcoin Bets, Boosted By the Cash App, Yielded $207M In Gains

The Jack Dorsey-led payment provider notched a 90% year-over-year increase in Bitcoin gross profit, driving its stock up in after-hours trading.Source link

Worldcoin, Nvidia Hit Record Highs as AI Hype Fuels Crypto and Stock Market Rally

The company that wants to scan your eyeballs for some cash is flying high, along with other projects connected with artificial intelligence.Source link