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Latest from Nick Baker
SEC Drops Investigation of Bitcoin L2 Stacks and Builder Hiro, Filing Says
The conclusion of the probe into Hiro, formerly known as Blockstack, which raised $70 million via token sales from 2017 to 2019, is another win for the crypto industry in its years-long struggle with the regulator.

Biden Overtakes VP Harris as Likeliest Dem Nominee on Polymarket During President's Press Conference (Update)
The president said he plans to stay in the race but "it's important that I allay fears."

OKX Picks Malta Over France as Europe Hub to Comply With EU's MiCA Crypto Rules: Sources
OKX previously said in May 2023 that France would be its preferred European hub. "Compliance in Malta is way more lenient," said a person with direct knowledge of OKX's EU regulatory efforts.

Crypto Bulls Frustrated as Bitcoin and Stocks Recouple – to the Downside
A continuing series of record highs for the S&P 500 and Nasdaq over the past weeks has done nothing to prop up sliding crypto prices, but Thursday saw both asset classes tumbling together.

Bitcoin Miner Ionic Digital Hires CFO to Shepherd IPO
The company, which bought all of bankrupt lender Celsius' mining assets, said new CFO John Penver has over 18 years of data center technology and infrastructure experience.

Bitcoin Rebounds Toward $60K, but Choppiness Likely to Persist: Analysts
The market will have to absorb $4 billion to $7 billion of bitcoin selling pressure throughout the middle of the year, which will weigh on prices, K33 Research said.

It's Not Germany Selling Bitcoin. It's One of Its States and It Has No Choice.
Since confiscating nearly $3 billion worth of bitcoin in January, Germany's state of Saxony has sold over half of its initial holdings, causing distress in the market.

Former FTX Execs Nishad Singh, Gary Wang to Be Sentenced Later This Year
The duo pled guilty to criminal fraud charges and testified against their former boss, Sam Bankman-Fried, last year.

Biden's Odds on Polymarket Little Changed After ABC TV Interview
The president's chances of reelection languished at 11% and his probability of dropping out lingered around 64%, according to traders on the crypto-based prediction market platform.

Biden's Odds of Dropping Out Surge to Almost 80% on Polymarket After New York Times Report
It had been only 55% earlier in the day.
