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“We believe the Trust’s nearly one million investors deserve this fair playing field as quickly as possible,” Grayscale’s lawyers wrote to the regulator.

Grayscale asks SEC to meet on ‘way forward’ for Bitcoin ETF conversion

Grayscale has told the Securities and Exchange Commission it has no legal reasoning left to block the conversion of the asset manager’s flagship Bitcoin BTC

1 year ago

Ethereum price is attempting a recovery wave above $1,620 against the US Dollar. ETH must settle above $1,650 to start a decent increase.

Ethereum Price Shows Signs of Life But Lacks Momentum Above $1,650

Ethereum is slowly moving higher from the $1,600 support zone. The price is trading near $1,630 and the 100-hourly Simple Moving Average. There was a break above tw...

1 year ago

Ethereum co-founder Vitalik Buterin says node centralization is one of Ethereum’s main challenges, but the perfect solution may not come for another 20 years.

Vitalik Buterin on fix for Ethereum centralization — make running nodes easier

The centralization of nodes is one of the biggest problems facing the Ethereum network and should be addressed by making the running of nodes cheaper and easier, according to Ethereum co-founder...

1 year ago

The court’s decision that the SEC has to consider Grayscale’s Bitcoin spot ETF application is good news for crypto but maybe not as impactful as some hoped.

Crypto community jubilant over Grayscale decision, but uncertainty remains

The crypto community received the decision it had been hoping for when the District of Columbia Circuit Court of Appeals ruled on Grayscale Investments’ Bitcoin spot ETF app...

1 year ago

Magnate Finance on Base has deleted its Telegram group and took its website offline earlier today, sparking fears of a yet another exit scam.

Magnate Finance Website Goes Offline as Users Fear $6.4 Million Exit Scam

Magnate Finance, which holds $6.4 million in Total Locked Value, has ties with other financial exit scams. Blockchain analyst ZachXBT also warned of a likely exit scam ...

1 year ago

Bankrupt FTX wants to start staking, and to hedge BTC and ETH sales as it liquidates a $3 billion crypto holding.

FTX Taps Galaxy to Sell, Stake and Hedge Its Crypto Billions

It’s looking to Mike Novogratz’s Galaxy empire to maximize value from the sales. Bankrupt crypto exchange FTX wants to start selling, staking and hedging its sizable crypto...

1 year ago

B2C2 will now have access to Woorton's EU license that will permit it to serve institutional clients in the EU.

SBI-Owned B2C2 Eyes European Expansion With Acquisition of Rival Trading Firm Woorton

London-based liquidity provider B2C2 has acquired French market making firm Woorton in a deal that grants B2C2 access to Woorton's regulatory licenses, allowing it to operate in the EU, acco...

1 year ago

A United States federal court recently used on-chain tech to lock criminals out of their crypto on the Jurat Network. Founder Mike Kanovitz admits the technology could see hate from crypto purists.

On-chain tool to seize crypto is a purist’s nightmare, but a must, says CEO

The founder of layer-1 blockchain Jurat has defended his protocol against potential haters, arguing that on-chain legal enforcement is a necessary trade-off for crypto mass adoption. ...

1 year ago

A federal judge will let the U.S. Securities and Exchange Commission file a motion that, if granted, would allow it to appeal a ruling that XRP transactions through exchanges didn’t violate securities laws.

SEC Can Try to Appeal Groundbreaking XRP Ruling, Judge Rules

A federal judge has let the U.S. Securities and Exchange Commission (SEC) argue it can appeal against her ruling that Ripple didn’t violate securities laws in making XRP available to retai...

1 year ago

Creditors will have a month to mull the sale to Fahrenheit, which court filings say could see them recover 67%-85% of holdings.

Celsius Creditors to Vote on Bankruptcy-Escape Plan After Judicial Approval

Bankrupt crypto lender Celsius is to hold a vote on its plan to sell assets to the Fahrenheit consortium, after a judge on Thursday approved disclosures that suggested creditors can ex...

1 year ago