With spot Bitcoin exchange-traded funds (ETFs) having launched less than a month ago, asset managers have started exploring strategies to increase their profitability.
Bankrupt cryptocurrency lender Genesis has reached a settlement to conclude a lawsuit initiated by the U.S. Securities and Exchange Commission (SEC) a year ago over its lending program.
Data recently shared by on-chain analysis firm Chainalysis suggests that 54% of the tokens launched on the Ethereum network last year exhibited patterns indicative of pump and dump schemes.
Top stories in the Crypto Roundup today:
- Collapsed Crypto Exchange FTX Creditors May Get Fully Refunded
- Genesis Settles SEC Lawsuit for $21 Million in Bankruptcy Deal
- Over Half of Ethereum Tokens Launched in 2023 Show Pump and Dump Traits: Chainalysis
- Grayscale's Outflows Begin to Decelerate