Market Digest

Sky's co-founder proposes rebranding options to address community confusion. Kraken plans to launch its INK blockchain for DeFi in 2025. The SHAR token faces operational challenges post-launch.

CoinDesk has acquired CCData and CryptoCompare to boost its data services. Radiant Capital experienced a significant $51M hack, urging users to act quickly. BlackRock is exploring the use of its BUIDL token as collateral with major crypto exchanges.

Binance reclaimed 1.35 million SOL from FalconX, which identified a reconciliation error regarding the tokens. Ripple launched new custody services for financial firms. Hashnote's USYC token debuted on Deribit.

Bybit is now enabling trading of major stock indices using USDT. Bitwise merges its futures-based funds into a new rotation strategy ETF for better volatility management. HBO's documentary hints at revealing the true identity of Bitcoin's creator, Satoshi Nakamoto.

CZ is set to be released from prison early this Friday, marking a permanent exit from Binance's leadership; Binance introduces pre-market spot trading with token purchase limits to manage trading pressures; Celestia's announced $100 million fundraising resembles an OTC trade with a vesting schedule.

Coinbase launches cbBTC, a Bitcoin-backed ERC20 token for DeFi, challenging WBTC. The presidential debate lacked crypto policy discussion, with Harris gaining public favor. Meanwhile, Indodax was hacked for $15.7M, leading to temporary platform downtime.