ArkotNews

U.S. lawmakers should recognize the unique qualities of Bitcoin as they set out market structure for the crypto economy, says John Rizzo.

A new 45-page report detailing accounting failures at the failed crypto exchange says that at one point employees were instructed by an unnamed higher-up to “come up with some numbers? Idk.”

The roots of an hour-long surge were difficult to pinpoint, according to one analyst, but investors have recently been more optimistic about the crypto’s prospects following last month’s banking crisis.

Bitcoin was little changed at $27,900 in the minutes following the roughly in-line report.

The PFP project will release (RED)-themed merchandise to raise funds for The Global Fund to Fight AIDS, Tuberculosis and Malaria.

The exchange said hackers transferred the crypto assets from a hot wallet to an unidentified wallet.

The staking protocol gave users access to their staking rewards and lowered the barrier of entry to create an Ethereum validator.

Bitcoin continues to move in lockstep with the Nasdaq to S&P 500 ratio. The positive correlation suggests the cryptocurrency is still a risky asset.

Bitcoin has also continued its more moderately-paced momentum, inching toward $31K. ALSO: CoinDesk columnist considers Shapella's immediate and potential long-term impact.

The platform, now in public beta, allows groups of people to share non-fungible tokens (NFT) for expanded access and utility.