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• SEC Rebuts Coinbase's Attempt to Get Appeals Court to Answer Key Crypto Question

  CoinDesk - Fri May 10, 4:32PM CDT

  Coinbase hasn't successfully argued that an appeals court needs to look at how securities regulations might apply to digital assets, the U.S. Securities and Exchange Commission (SEC) said Friday.
• U.S. House's McHenry Says Bill on Crypto Market Structure Will Get Floor Vote

  CoinDesk - Fri May 10, 4:00PM CDT

  The most comprehensive U.S. cryptocurrency legislation to so far make it through a congressional committee will get even further, with the entire House of Representatives set to vote on whether to approve it soon, according to Rep. Patrick McHenry (R-N.C.), the chairman of the House Financial Services Committee.
• Bitcoin Is in a 'Bore You to Death' Phase, but Bottom Could Be Close, Analysts Say

  CoinDesk - Fri May 10, 3:28PM CDT

  The current boring crypto market could last between one to six months, and the sentiment will be the most negative right before the turnaround, one hedge fund manager said.
• Was Sam Bankman-Fried Proven Right About FTX’s Solvency?

  CoinDesk - Fri May 10, 3:12PM CDT

  No.
• DOJ Said to Snub Sullivan & Cromwell, Appoint Competitor to Coveted Binance Monitorship: Bloomberg

  CoinDesk - Fri May 10, 2:24PM CDT

  The Department of Justice (DOJ) has chosen a London-based consulting firm for a coveted three-year monitorship of Binance, according to a Friday report from Bloomberg citing anonymous sources.
• EigenLayer Opens Claims for Airdrop of EIGEN Token, Though It's Non-Transferable

  CoinDesk - Fri May 10, 12:32PM CDT

  Perpetual futures markets price the fully diluted value of the token at around $15 billion.
• DOGE and NEAR Lead CoinDesk 20 Gainers: CoinDesk Indices Market Update

  CoinDesk - Fri May 10, 12:00PM CDT

  The Near Protocol's Near token has more than doubled in price in 2024.
• Jack Dorsey Says Bitcoin Price Will Go Beyond $1 Million in 2030

  CoinDesk - Fri May 10, 11:44AM CDT

  Dorsey, who led the social media platform from 2015 to 2021, developed a strong interest in crypto during that time and is now fully focused on the sector.
• Celo Community Ratifies Plan to Use Optimism's OP Stack for New Layer-2 Chain

  CoinDesk - Fri May 10, 11:44AM CDT

  The vote passed with overwhelming support, with 65 addresses representing 14.6 million CELO tokens signaling approval for the measure.
• U.S. CFTC Proposes Ban on Political Event Contracts

  CoinDesk - Fri May 10, 11:28AM CDT

  The U.S. Commodity Futures Trading Commission (CFTC) proposed a formal rejection of event contracts that bet on the outcome of political activity in a vote on Friday, beginning an effort to wall off U.S. customers from platforms that allow the trading of predictive contracts.