The Block
Quick Take JPMorgan CEO Jamie Dimon has been notorious for his dismay of crypto over the years and has said before that people should stay away from bitcoin. More recently during a Senate Banking Committee this month, he told Sen. Elizabeth Warren, D-Mass., that he would shut down crypto if he was the government.
Quick Take VanEck unveiled a video on social media on Friday that teased the terms “Buy Bitcoin” and “Born to Bitcoin.” The post came the same day the asset manager filed an updated a S-1 form with the Securities and Exchange Commission for its proposed spot bitcoin ETF.
Quick Take Total value locked across DeFi protocols has surged to levels last seen prior to the FTX crisis in Nov. 2022. In 2023, the metric jumped from around $38 billion to its current level of $52 billion, a 36% hike in dollar terms.
PancakeSwap’s proposal to reduce the maximum supply of its native CAKE token from 750 million to 450 million was approved.
Mathew McDermott of Goldman Sachs says the approval of spot crypto ETFs will spur greater institutional interest in crypto.He also foresees the development and growth of tokenization marketplaces in the coming year.
Quick Take Buterin wrote today in a blog post that there’s a large ideological rift where the non-blockchain world would “see the crypto space as a distraction.”
Quick Take The company suspects the breach may be an inside job.
Quick Take Judge Jed Rakoff in the U.S. District Court for the Southern District of New York granted summary judgment for the SEC on that claim, while also siding with Terraform “on the claims involving offering and effecting transactions in security-based swaps,” according to an order filed on Thursday.
Quick Take Former New Jersey resident Diana Mae Fernandez promised guaranteed returns as high as 63 percent by claiming to invest customers’ money in crypto, private and publicly traded companies and luxury real estate, the SEC said in a litigation release posted on Thursday.
Quick Take This crypto quiz is designed to test how well you recall key crypto events that happened during 2023.
