Transaction URL: https://blockchain.com/btc/tx/f7b8d722b36e37fe03a167a2e5fe6b6575b33ccfddfee8e91f701ce7b32a03ac

Transaction URL: https://etherscan.io/tx/0x629a51d9642f4740ac7cbd85fa710efbf5ebbdf0f00c9395d08500294c927547

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The Senate Banking, Housing and Urban Affairs Committee on Wednesday is set to vote on whether Caroline Crenshaw will remain an SEC commissioner.  

While the crypto industry has criticized SEC Chair Gary Gensler, crypto lobbyist group Cedar Innovation Foundation (and others) have called Crenshaw even more anti-crypto than him.

Coinbase’s Emilie Choi last week pointed out that Crenshaw “embarrassingly” opposed spot bitcoin ETFs. Those have amassed combined net inflows of $33.9 billion and counting.

Indeed, Crenshaw called the SEC’s approval of the products in January…

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There was a proposal asking Microsoft’s board of directors to assess whether holding bitcoin on the company’s balance sheet would benefit shareholders long-term. 

Shareholders voted against it, the company revealed Tuesday. This wasn’t really a surprise, as the board had pushed for that result, giving the following rationale:

Still, bitcoin bull Michael Saylor got some face time (sort of) with company directors and shareholders via a pre-recorded presentation played at today’s meeting.

Saylor has creatively described bitcoin in many ways over the years — from an…

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US equity markets were muted Tuesday as traders await key inflation data. November’s consumer price index (CPI) report will drop tomorrow before the open, followed by the producer price index (PPI) report on Thursday morning. 

A quick recap of expectations for tomorrow: 

Analysts are anticipating November’s annual CPI figure to come in at 2.7%, a moderate uptick from October. Core CPI, which excludes volatile food and energy prices, is projected to show a 3.3% annual increase and a 0.3% month-over-month increase in November. 

Housing costs will be in focus tomorrow after the…

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After announcing its ME token back in August, Magic Eden finally launched the token today, alongside an impressive number of listings across several tier one and two centralized exchanges.

About 10 minutes before launch, ME saw a 47% spike from $6.04 to a high of $8.9 on its pre-launch perps on Aevo. Two hours after launch, however, ME has cratered to a $581 million market cap, down 60% from $1.48 billion.

Source: OKX

Users are reporting technical difficulties trying to claim the airdrop on the Magic Eden wallet. As part of Magic Eden’s criteria, users had to install its mobile wallet…

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The Interchain Foundation (ICF) has acquired Skip, a 20-person team deeply embedded in the Cosmos ecosystem, signaling a transformative shift in its operational model. The acquisition establishes a new subsidiary, Interchain Inc., which will oversee product development, ecosystem strategy and execution, led by Skip co-founders Barry Plunkett and Maghnus Mareneck.

The move departs from ICF’s previous model of funding independent teams to develop parts of the Cosmos stack. Instead, it centralizes development efforts to align work across the Cosmos Hub, its tech stack and the broader… Read more on Blockworks