Bittrex Exchange files Chapter 11 Bankruptcy. SBF asks for some charges to be dismissed. Transaction costs on BTC are high. Ethereum staking reaches ATH. Coinbase CEO says SEC is acting alone on the crypto crackdown. Ripple expects to hear from SEC in the next six months.

Welcome to Daily Digest. We surface trending news in crypto-based on conversations found on Twitter, news publications, blog posts, and other social media, powered by the Coinfeeds platform.

Trending from yesterday 👍

1. China’s Supreme Court recognizes the use of cryptocurrencies to settle debts

2. Binance records the largest Bitcoin outflow as over 162k Bitcoin leave exchange

3. You can now create an alt coin in less than 23 seconds

News

Here are the trending news items over the last 24 hours. If you’d like to see even more updated news and trending news updated in real-time on our website.

Former FTX CEO, Sam Bankman-Friend, moves to dismiss most criminal charges against him after exchange finds most of the funds

Bittrex Exchange files for Chapter 11 Bankruptcy after SEC suit, it’s a sad day for the crypto OG exchange

Average cost of a Bitcoin transaction skyrocket to $19.20

Whales dump $35.7M of ETH after Ethereum Foundation and Vitalik sell

Ethereum staking reaches ATH with over 19M ETH staked

Ripple expecting an SEC verdict in the next six months

Banking crisis concerns reach levels unseen since the last banking crisis in 2008

Coinbase CEO says the US SEC is acting along in its over-the-top crypto regulation efforts

The meme coin mania is real as a trader spends $120k on gas buying $155k worth of $FOUR

Coinfeeds Reddit Bot Top 3 Stories

1. Bitcoin’s largest whale address moves $2.26B as BTC price drops 3.4%

2. Trader pays almost 64 ETH to buy meme coin worth 84 ETH

3. Ethereum staking reaches ATH: over 19M ETH now staked

Thank you for reading Daily Digest. This post is public so feel free to share it.