Bitfarms’s C$60 million private placement with US institutional investors closes on or about November 28. The Canadian bitcoin mining firm will use the proceeds to acquire buy more miners and expand its infrastructure. origin »

UK investment funds get green light for tokenisation.

UK authorised funds can now develop and implement tokenisation models. The green light comes after the Technology Working Group of the Government’s Asset Management Taskforce published its report on UK fund tokenisation. origin »

Justin Sun announces airdrop for HTX and Poloniex users following hack.

HTX and Poloniex are about to resume deposits and withdrawals, and Justin Sun announced an airdrop for affected users. origin »

Tether and Bitfinex yield to FOIL request amid transparency pledge.

Crypto firms Tether and Bitfinex have agreed to drop their opposition to a freedom of information (FOIL) request filed by several journalists in New York, according to a Nov. 24 statement shared with CryptoSlate. origin »

Bitcoin momentarily surpasses $38k to hit year-to-date high in EU trading session.

Quick Take In the recent EU trading session, Bitcoin’s value showed an upward trend, eventually breaking past the significant threshold of $38,000, setting a new year-to-date high at $38,100, up roughly 2% on the day. origin »

Bitcoin miners transfer 8,000 BTC amid transaction fee surge.

Quick Take Within the span of a month, Bitcoin miner balances have experienced one of the most notable declines this year. As of late October, miner balances stood at 1. 833 million Bitcoin. However, the subsequent month witnessed a departure of 8,000 Bitcoin from the miner balances. origin »

Montenegro court clears path for Do Kwon’s extradition to US or South Korea.

Terraform Labs founder Do Kwon faces possible extradition to either the United States or South Korea, as confirmed by an update on a court website in Montenegro on Nov. 24. The High Court of Podgorica stated that the necessary legal conditions for Kwon’s extradition to either country had been satisfied. origin »

Binance’s guilty plea casts shadow over potential Hong Kong expansion.

Binance’s recent guilty plea in the United States could impact its plans to expand into Hong Kong, the South China Morning Post (SCMP) reported on Nov. 24, citing industry experts. On Nov. origin »

USDT cements leadership with 72% hold on stablecoin market.

Quick Take The stablecoin market is witnessing an undeniable dominance by Tether (USDT), which currently holds an impressive 72% market share, a feat not seen since early 2021. This dominance is not a resurgence but a continued demonstration of Tether’s unwavering dominance, which has historically allowed it to outperform other stablecoins in circulation. origin »

Optimism (OP) Price Increase Reaches Pivotal Level – Can it Climb Above $2?.

The Optimisim (OP) price trend will be confirmed as bullish if a breakout above $1.90 occurs. The post Optimism (OP) Price Increase Reaches Pivotal Level – Can it Climb Above $2? appeared first on BeInCrypto. origin »

FTX’s FTT token rallies 28% — Binance effect or FTX 2.0 reopening?.

The surge suggests significant institutional attention despite the token’s historical association with FTX’s financial challenges. origin »

CZ an ‘unacceptable risk of flight,’ should stay in US: DOJ.

U.S. prosecutors are pushing for CZ to stay in the country, saying they “would not be able to secure his return” if he’s allowed back to Dubai. origin »