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Valkyrie Reveals Intention to Sponsor Grayscale’s Bitcoin Trust as GBTC Discount to NAV Widens
1.1.2023
Valkyrie Investments, a Tennessee-based asset manager, has announced its intention to become the new sponsor of Grayscale’s Bitcoin Trust (GBTC). The company states that it is “uniquely qualified” for the role and plans to facilitate redemptions at net asset value (NAV) through...
US lawmakers under pressure following FTX collapse: Report
31.12.2022
In response to FTX's fall, United States lawmakers are reevaluating the crypto industry's regulatory needs for 2023
Sam Bankman-Fried to reportedly plead not guilty to criminal charges
31.12.2022
Following a court hearing on Dec. 22, SBF was released on bail and is slated to appear on court on Jan.3 before U.S. District Judge Lewis Kaplan in Manhattan
Financial Giant Fidelity Files Trademarks for Crypto, NFT, and Metaverse Products
31.12.2022
Fidelity Investments, a major financial services firm with $10 trillion in assets under administration, has filed several trademark applications for a wide range of cryptocurrency, non-fungible token (NFT), and metaverse products and services. Fidelity’s Crypto and Metaverse Trademark...
Report: R&B Artist Akon Denies Claims His Crypto City Dream Is Crumbling
27.12.2022
Senegalese-American artist, Akon, reportedly reassured participants in his so-called token of appreciation (TOA) that they will be reimbursed for donations. To back this promise, the singer reportedly claimed he is even willing to do “a world tour just to pay them all back.” Akon...
Banking Giant HSBC Files Trademarks for a Wide Range of Digital Currency and Metaverse Products
27.12.2022
Banking giant HSBC has filed trademark applications with the United States Patent and Trademark Office (USPTO) for a wide range of digital currency products and services, including those related to the metaverse and non-fungible tokens (NFTs). HSBC’s Trademark Applications for Crypto-Related...
SBF stays at parents’ house on a $250 million bail: Law Decoded, Dec. 19-26
26.12.2022
A bail was granted to SBF on the conditions of a $250 million bond, home detention, location monitoring and the surrender of his passport
ETH staking on top exchanges contributes to Ethereum censorship: Data
26.12.2022
One of the biggest factors harming Ethereum's credible neutrality is the use of censoring MEV relays by crypto ecosystems and exchanges
The 5 most important regulatory developments for crypto in 2022
25.12.2022
The European Union has its regulatory framework, while the race is only kicking off in the United States
Judge pulls out of SBF-FTX case citing husband's law firm's advisory link
24.12.2022
Judge Abrams’ withdrawal from the FTX case eradicates any conflict of interest in the FTX case because Andres continues to serve as a partner at Davis Polk & Wardwell, a law firm that advised FTX in 2021
US election agency approves use of NFTs as campaign fundraising incentive
23.12.2022
According to the FEC, DataVault will receive “reasonable compensation” for each NFT issued to contributors, as well as track all tokens issued for its own records
SEC general counsel announces departure from public service
23.12.2022
"After thirty-four years of public service, it is time for me to pursue new and different challenges and opportunities," said Dan Berkovitz
Bitcoin, Ethereum Technical Analysis: ETH Nears $1,230 Resistance, Following Strong US GDP Data
23.12.2022
Ethereum edged closer to a key resistance level of $1,230 on Dec. 23, as markets continued to react to better than expected U.S. GDP data. Gross domestic product in the United States was revised higher to 3.2%, better than the 2.9% expected. Bitcoin mostly consolidated in today’s session...
Bitcoin, Ethereum Technical Analysis: BTC, ETH Consolidate Ahead of United States GDP Data
22.12.2022
Cryptocurrency prices mostly consolidated on Thursday, ahead of upcoming GDP figures from the United States. Bitcoin remained close to the $17,000 level in today’s session, with the global market cap trading 0.01% lower as of writing. Ethereum was largely unchanged, as prices continued...
Alameda's Caroline Ellison and FTX's Gary Wang hit with additional fraud charges
22.12.2022
Arrested crypto billionaire Sam Bankman-Fried's former entourage faces additional charges by key U.S. government agencies
Sam Bankman-Fried is one step closer to US extradition: Report
21.12.2022
Officials from the U.S. Embassy, FBI, and U.S. Marshals Service were reportedly in attendance to witness the former FTX CEO waiving his right to a formal extradition process
BTC-e’s Alexander Vinnik Applies for Release on Bail Citing Trial Delay
21.12.2022
The alleged operator of crypto exchange BTC-e, Alexander Vinnik, has asked to be released on bail due to the delay in court proceedings. In early August, the Russian IT specialist was extradited to the United States to face charges of money laundering through the now-defunct coin trading platform....
Bitcoin miner Core Scientific reportedly files for Chapter 11 bankruptcy
21.12.2022
Core Scientific reportedly filed for Chapter 11 bankruptcy protection in Texas owing to falling revenue and BTC prices
SBF signs extradition papers, set to return to face charges in the US
21.12.2022
The FTX founder has reportedly signed on the dotted line, bringing him a step closer to returning to US soil
Meta Will Continue to Push Metaverse Investments in 2023 According to Head Of Reality Labs
20.12.2022
Meta will continue to invest in VR (virtual reality) tech in 2023, according to statements made by Andrew Bosworth, head of Reality Labs, the metaverse division of the company. While Meta has made some changes and adapted to the current shaky economic atmosphere, Bosworth states that the company...