Final briefs in Grayscale vs The SEC were filed last week as the $10 billion asset manager seeks to convert its discounted GBTC shares into a Bitcoin ETF.
AI-related crypto tokens including Fetch.ai and SingularityNET have gained more than 23% overnight. The rising popularity of ChatGPT has boosted the AI narrative among crypto traders.
Summary: DCG has started selling assets held by Grayscale, the Financial Times reported. Recent SEC filings show that most of its holdings sales have come from the company’s Ethereum fund. The group hopes to raise cash to meet more than $3 billion in creditor claims from Gemini and other entities....
Summary: The move was suggested by U.S. Trustee Andrew Vara and supported by a host of regulators at the State level. FTX bankruptcy CEO John Ray III and the Official Committee of Unsecured Creditors opposed the move, instead siding with an internal probe. The proposal from Vara and regulators is...
Summary: The South Korean watchdog updated what assets are considered securities and clarified the regulations governing such tokens. Regulators said the Capital Markets Act would oversee certain types of cryptos as part of a broader effort to standardize the digital asset ecosystem. Reports say tokens that give dividends or a...
Summary: The average number of 56 industry experts expect ETH to hit finish 2023 above $2,000 and hit $6,000 by 2025. Finder’s panelists also opined that Ethereum could flippen Bitcoin as the largest crypto by market cap by 2024. 56% of Finder’s experts said now is the time to buy...
Former Bithumb chairman Kang Jong-Hyun and his younger sibling Ji-Yeon are being investigated for fraud, weeks after Park Mo took his life outside his home.
Summary: The trading company founded by Sam Bankman-Fried hopes to recover repaid loans from bankrupt Voyager Digital. FTX lawyers filed the lawsuit on behalf of Alameda to recover around $445.6 million for creditors of the sunken crypto exchange. The court document accused Voyager of gross misconduct and lending customer funds...
Summary: Twitter recently started applying for payment licenses in the U.S., the Financial Times reported. Musk charged Esther Crawford to oversee Twitter Payments, the division building technology to bring crypto and fiat payments to the social network. Binance CEO Changpeng opined that Elon’s social media giant should onboard several blockchains...
U.S Senator Ted Cruz has introduced a bill in the Senate that seeks to enable crypto payments at restaurants and vending machines in the Capitol building.
Layer 1 blockchain Aptos' APT token reached an all time high price of $16.2 earlier today. The token has gained more than 370% since the beginning of the year.
