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Latest headlines from Coindesk.

Bitcoin Bets Yield $207M in Gains For Jack Dorsey’s Block

Block, Inc. (SQ) stocks were up 13% in after-market trading hours.

https://www.coindesk.com/markets/2024/02/23/bitcoin-bets-yield-207m-in-gains-for-jack-dorseys-block/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

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.

https://www.coindesk.com/policy/2024/02/23/crypto-exchange-kraken-files-to-dismiss-sec-lawsuit-against-it/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Starknet's STRK Jumps After Developer StarkWare Agrees to Delay Token Unlocks

StarkWare, the developer behind the Ethereum layer-2 blockchain Starknet, had come under heavy criticism for the unlocking schedule for its new STRK tokens.

https://www.coindesk.com/tech/2024/02/22/starknets-strk-jumps-after-developer-starkware-agrees-to-delay-token-unlocks/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Reddit Discloses Holding Bitcoin and Ether in IPO Filing

Reddit has submitted a filing with the Securities and Exchange Commission (SEC) to go public on the New York Stock Exchange under the ticker symbol “RDDT.”

https://www.coindesk.com/business/2024/02/22/reddit-discloses-holding-bitcoin-and-ether-in-ipo-filing/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin ETF Price/Flow Correlation is Declining: JPMorgan

The price of bitcoin (BTC) has not been moving as closely in relation to flows in and out of the spot ETFs as it previously did, according to JPMorgan.

https://www.coindesk.com/markets/2024/02/22/bitcoin-etf-price-flow-correlation-is-declining-jpmorgan/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

How PubKey Revived Bitcoin Culture in New York City

NYC-based Bitcoin enthusiasts, as well as the crypto-curious, now have a place to nerd out, discuss and learn about Bitcoin.

https://www.coindesk.com/consensus-magazine/2024/02/22/how-pubkey-revived-bitcoin-culture-in-new-york-city/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Frankfurt to Host New EU Money Laundering Watchdog Tasked With Monitoring Crypto

The Anti-Money Laundering Authority is part of a broader effort by the European Union to combat illicit fund flows, and is ready to begin work as early as Friday, officials said Thursday.

https://www.coindesk.com/policy/2024/02/22/frankfurt-to-host-new-eu-money-laundering-watchdog-tasked-with-monitoring-crypto/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

BNB Price Climbs to Highest Since FTX Crash Amid Airdrop Frenzy, Easing Binance Worries

BNB holders transferred over $400 million worth of BNB tokens in 24 hours to benefit from cross-chain gaming project Portal's upcoming airdrop, Arkham Intelligence noted.

https://www.coindesk.com/markets/2024/02/22/bnb-price-climbs-to-highest-since-ftx-crash-amid-airdrop-frenzy-easing-binance-worries/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin Miner Marathon to Start 'Slipstream' to Make Complex BTC Transactions Faster

The new offering will expedite the process of large and non-standard transactions.

https://www.coindesk.com/tech/2024/02/22/bitcoin-miner-marathon-to-start-slipstream-to-make-complex-btc-transactions-faster/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The European Central Bank Is Either Lying About Bitcoin or Lying to Itself

ECB Director General Ulrich Bindseil and advisor Jürgen Schaaf are definitely against bitcoin, but their reasons don’t make a lot of sense.

https://www.coindesk.com/consensus-magazine/2024/02/22/the-european-central-bank-is-either-lying-about-bitcoin-or-lying-to-itself/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Retail Investors Were Likely Behind The Crypto Market Rally in February, JPMorgan Says

Increased retail activity comes ahead of the three main catalysts in the coming months: the bitcoin halving, the Dencun upgrade of the Ethereum blockchain and the potential approval of spot ether ETFs...

https://www.coindesk.com/business/2024/02/22/retail-investors-were-likely-behind-the-crypto-market-rally-in-february-jpmorgan-says/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

S&P Global Just Made Ethereum's Centralization Risk a TradFi Concern

Institutional interest in digital assets means that crypto terms such as 'Nakamoto Coefficient' are now mainstream issues.

https://www.coindesk.com/markets/2024/02/22/sp-global-just-made-ethereums-centralization-risk-a-tradfi-concern/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Worldcoin Gains 40%, Hits Record High as AI Tokens Surge on Nvidia

The token was up amid broader optimism surrounding AI spilling over into crypto.

https://www.coindesk.com/markets/2024/02/22/worldcoin-gains-40-hits-record-high-as-ai-tokens-surge-on-nvidia/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Coinbase Pushes Back on Reports It's Blocked in Nigeria

Multiple outlets have reported other platforms such as Kraken and Binance have also been blocked under government orders.

https://www.coindesk.com/policy/2024/02/22/coinbase-pushes-back-on-reports-its-blocked-in-nigeria/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin ETF Net Inflows Slow to a Trickle as Price Flattens

Inflows into the 10 spot bitcoin exchange-traded funds dropped to a two-week low on Wednesday, with the group attracting only about a net 500 bitcoin, some $25.5 million, data collected from the issue...

https://www.coindesk.com/markets/2024/02/22/bitcoin-etf-net-inflows-slow-to-a-trickle-as-price-flattens/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Crypto for Advisors: Bitcoin’s 4th Halving Is Approaching

The upcoming Bitcoin halving is going to have a significant impact on the number of bitcoin entering circulation.

https://www.coindesk.com/business/2024/02/22/crypto-for-advisors-bitcoins-4th-halving-is-approaching/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The European Central Bank's Blog Post on Bitcoin ETFs

"Bitcoin has failed on the promise to be a global decentralised digital currency and is still hardly used for legitimate transfers. The latest approval of an ETF doesn’t change the fact that Bitcoin i...

https://www.coindesk.com/policy/2024/02/22/the-european-central-banks-blog-post-on-bitcoin-etfs/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Ondo Finance Integrates Tokenized Treasuries Onto Aptos

Aptos is the latest chain to offer users access to Ondo’s USDY.

https://www.coindesk.com/markets/2024/02/22/ondo-finance-integrates-tokenized-treasuries-onto-aptos/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Eigen Labs, Developer Behind Restaking Protocol EigenLayer, Raises $100M From A16z Crypto

The pioneering restaking project EigenLayer, led by Sreeram Kannan, isn't even live but investors are piling in. A16z Crypto is affiliated with the venture capital firm Andreessen Horowitz.

https://www.coindesk.com/business/2024/02/22/eigen-labs-developer-behind-restaking-protocol-eigenlayer-raises-100m-from-a16z-crypto/?utm_medium=referral&utm_source=rss&utm_campaign=headlines