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  • Crypto Saga: Block Unveils Bitcoin Chip, SBF Helps FTX Investors, and SEC Delays ETH ETF

Crypto Saga: Block Unveils Bitcoin Chip, SBF Helps FTX Investors, and SEC Delays ETH ETF

Our Canary brings today’s update from the Crypto World! Jack Dorsey's Block enters the mining game with a compact chip designed for Bitcoin mining. Meanwhile, Sam Bankman-Fried is helping FTX investors settle legal disputes with celebrity promoters. On the regulatory front, the SEC is taking its time reviewing Franklin Templeton's Ethereum ETF application. However, things are heating up for Binance as US prosecutors seek a 3-year jail term for its CEO, Changpeng Zhao. Finally, Jupiter expands its reach in the Solana ecosystem by acquiring Ultimate Wallet.

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