Coinbase has emerged victorious, acquiring a court order for FDIC's confidential
Crypto documents. This came around the same time they declared results for their third quarter. Meanwhile, Shiba Inu's lead figure Shytoshi Kusama requested a meeting with Vitalik Buterin to further promote their coin. Despite the legal squabble between Coinbase and the
SEC, Coinbase has sought SEC Chair Gensler's crypto text messages. This comes after a significant victory for
Ripple, where a judge reduced the SEC's penalty request by a staggering 94%. Furthermore, Coinbase has filed for two new FOIA requests and intensified the hunt for SEC documents. All in spite of SEC's pushback against what they deemed 'overly broad' discovery requests. In a shocking development, a jailed FTX executive has rescinded his request to force the government to adhere to a plea deal. On a similar note,
SEC has withdrawn its claims that SOL, ADA, MATIC, and other tokens are securities in a Binance lawsuit. In terms of ETFs, NYSE Arca withdrew its request to list options on commodity trusts and crypto ETFs. However,
BlackRock noticed 'a little bit' of demand for Ethereum from their clients. The focus shifted again when Coinbase filed a motion to fight for Genslerβs emails. Aside from institutional moves,
Request Finance has acquired
Consola, a comprehensive finance platform for both crypto and fiat.
Crypto insiders, like Michael Saylor, believes the demand for Bitcoin products is 10x the supply. Critics argue that some traders claimed major losses due to dubious exchanges promoted in LinkedIn requests. The market for meme coins continues to thrive, with DOGS Meme Coin conducting stress tests on the TON Network. Nexus Mutual, a DeFi insurer requested a six-month budget of $153K. Lastly, Ethereum unstaking requests now face a 17-day wait time due to significant demand, indicating the vitality in the Ethereum space.
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