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Grayscale Files For ‘Mini’ Bitcoin Spot ETF To Stop GBTC Bleed
12.3.2024
Crypto management firm Grayscale has hatched a plan to stop its rapidly accelerating asset bleed – and it involves launching a brand new Bitcoin spot ETF.
The post Grayscale Files For ‘Mini’ Bitcoin Spot ETF To Stop GBTC Bleed appeared first on Cryptonews
Andrew Tate Arrested After Streamer Adin Ross Blabs His Escape Plan
12.3.2024
Besties don’t snitch on each other, but I guess controversial Kick streamer Adin Ross didn’t get that memo. According to a recent Rolling Stone report, the 20-something content creator accidentally ratted out his homie Andrew Tate during a livestream sometime last week, which apparently landed...
Dogwifhat Community Plan to Put the Meme on the Vegas Sphere
11.3.2024
Social media users wonder if the display marks “cycle top” behavior
WIF Rebounds on Binance Listing Plan as Other Meme Coins Run Out of Steam
5.3.2024
Crypto exchange Binance said it will add dogwifhat (WIF) to its listings, lifting the Solana-based meme coin's price back into the black for the day despite a sell-off in the wider meme-coin market
Speculation and Price Models Fuel Bitcoin Bull Market Predictions Amidst Rising Optimism
2.3.2024
This week, bitcoin’s value ascended to the vicinity of $64,000, leading to a widespread belief among observers that the bullish trend has officially commenced. Speculation centers on the exact moment this upward trajectory began, given that bitcoin has appreciated by 46% since the start...
Floki Developers Plan to Burn $11M Tokens, Reducing Supply by 190B FLOKI
29.2.2024
The figure represents 2% of the token’s circulating supply, or the number of tokens on the open market
Gemini Announces $1.8 Billion Recovery Plan for Earn Users, Reaches In Principle Settlement with Genesis
29.2.2024
Gemini has announced its settlement with Genesis, plans to return $1.8 billion to Earn users, with the first distributions expected within two months, pending court approval.
The post Gemini Announces $1.8 Billion Recovery Plan for Earn Users, Reaches In Principle Settlement with Genesis appeared...
OKX Expands to Turkey as Part of Global Expansion Plan
27.2.2024
OKX President Hong Fang says there is a high demand for crypto in the country
Crypto Exchanges Reported Over 16,000 Flagged Transactions to South Korean Authorities
14.2.2024
South Korean crypto exchanges reported over 16,000 transactions to local authorities in 2023, an increase from previous years. The Financial Intelligence Unit (FIU) released a breakdown of its efforts to tackle money laundering and other illegal financial threats involving crypto assets....
BNB Chain divulges its game plan for 2024
13.2.2024
BNB Chain has divulged its game plan for 2024, which focuses on ability maximization. This will involve the delivery of opBNB Connect in terms of scalability. There will be an aim towards particular decentralized dApps for mass acceptance, like decentralized finance (DeFi), as well as gaming...
Grayscale and DCG Object to Genesis’ $1.6B Trust Shares Liquidation Plan
12.2.2024
On February 12, Digital Currency Group (DCG) and Grayscale raised objections to bankrupt lender Genesis’ plan to sell off its assets. This includes shares in Grayscale’s Bitcoin Trust (GBTC), Grayscale Ethereum Trust (ETHE), and Grayscale Ethereum Classic Trust (ETCG), amounting...
Spain Sets Its Sights on Developing First “Crypto-Friendly” City in Europe
12.2.2024
Torrevieja, a coastal city in southeastern Spain, has launched an ambitious initiative to become Europe’s first “crypto-friendly” city, according to a February 6 statement. The Association of Small and Medium-sized Merchants of Torrevieja (APYMECO), in partnership with...
Valkyrae On The Family Plan, Working Retail, And How To Stream Authentically
12.2.2024
Rachell Hofstetter always wants to do more. With four million subscribers on YouTube, the streamer known as Valkyrae has become one of the top women creators in gaming since she started back in 2015. Viewers can’t get enough of her bubbly personality and quirky antics, devouring her streams as...
South Korea Plans to Block Unlicensed Crypto Exchanges
12.2.2024
South Korea plans to conduct virtual asset exchange inspections to expel ineligible platforms later this year. Authorities are contemplating an advanced suspension system for suspicious transactions. This would rapidly prevent the concealment of illicit funds during all stages of the investigation...
Crypto Titan Digital Currency Group Opposes Genesis’ Restructuring Plan for Favoring Select Creditors
7.2.2024
In a legal document filed on Feb. 6, 2024, the crypto juggernaut, Digital Currency Group (DCG), voiced opposition to Genesis’ revised bankruptcy strategy for multiple concerns. DCG argues that the plan favors certain creditors over others unjustly, and the company’s legal team charges...
Belarus Sanctions ‘Antidote?’ Minsk Confirms ‘Blockchain-powered CBDC’ Launch
7.2.2024
Minsk is looking for ways to end Belarus’ sanctions woes, with its central bank confirming the planned launch of a blockchain-powered CBDC. Per Sputnik Belarus, the National Bank of Belarus (NBB) is keen to make use of smart contract technology. A spokesperson told reporters on February 3: “We plan...
Beijing Targets Cryptocurrency Mining Operations in New Energy Conservation Plan
7.2.2024
Beijing is prepared to apply a new policy to strengthen the actions to foster energy conservation in several aspects of the city’s operations, promoting carbon and pollution reduction. The plan proposes to increase the oversight level on Bitcoin mining activities, thwarting its remnants....
FTX-linked Farmington State Bank Cleared from Federal Reserve Enforcement Action
6.2.2024
The Federal Reserve terminated an enforcement action with Farmington State Bank on February 6, announcing that the FTX-affiliated bank had “completed its wind-down plan and no longer functions as a bank.” “The Board’s enforcement action, which has been in effect since July 2023, ensured the bank’s...
DCG Opposes Genesis Bankruptcy Plan, Cites Favoritism to Small Group of Creditors
6.2.2024
Digital Currency Group (DCG) has opposed the bankruptcy plans of its subsidiary Genesis, arguing that it goes against the law and favors a small group of creditors. In a Feb 5 court filing, the company asked the court not to approve the Revised Plan submitted by Genesis for multiple reasons...
Beijing Censors Crypto Mining Activities to Strengthen Energy Conservation
5.2.2024
Beijing, China has further doubled down on crypto mining activities as a part of its revamped energy conservation implementation plan. Per a recent government notice, the Beijing Municipal Development and Reform Commission along with 11 other departments have implemented revised plan to further...