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Here’s what happened in crypto today

Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.

Today in crypto, public companies buying crypto have promised to spend $8 billion just in the last week, the US SEC launched “Project Crypto,” promising to overhaul digital asset rules, and a CoinDCX employee in India was reportedly arrested after the exchange’s $44 million hack.

Crypto treasury firms have begun moves to buy over $7.8 billion worth of crypto this week, with altcoins emerging as a popular bet.

Cointelegraph analyzed 16 company statements since Monday, which either announced a plan to buy or raise money for crypto, with at least five having bought or promising to buy over $3 billion worth of Ether (ETH) — the hottest target of the week.

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Source: Cointelegraph →