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Many industry pundits speculate the SEC’s sudden change of pace on spot Ether ETFs could be a result of increased political pressure.

‘Winter is over’ — Bullishness returns in wake of Ether ETF anticipation

Crypto bulls are seemingly back in full force after speculation that an approved spot Ether exchange-traded fund (ETF) is more likely than ever. It comes amid reports that the Uni...

4 months ago

The CEO will be replaced by Goldman Sachs executive Peter Mintzberg effective Aug. 15.

Grayscale CEO Michael Sonnenshein steps down

Michael Sonnenshein has stepped down from his role as the CEO of Grayscale Investments LLC. Sonnenshein will be replaced by former Goldman Sachs executive Peter Mintzberg as of Aug. 15...

4 months ago

Stephanie Murphy, Tim Ryan, and Pat Toomey — all former U.S. lawmakers — are on the council advising Coinbase on regulatory matters.

Ex-Florida congressman joins Coinbase Global Advisory Council

Kendrick Meek, previously serving as the House Representative for Florida's 17th congressional district, has joined cryptocurrency exchange Coinbase’s council to address the digital as...

4 months ago

Concerns were raised after a Bloomberg article reported Kraken was “actively reviewing” which tokens it could continue to list under the European Union’s upcoming MiCA framework.

Crypto exchange Kraken has ‘no plans’ to delist USDT in Europe for now

Cryptocurrency exchange Kraken has “no plans” to delist Tether (USDT) in Europe at the moment despite a recent report claiming the firm was “actively reviewing”...

4 months ago

Ethereum researcher Justin Drake said his EigenLayer role is worth “millions of dollars” and some think it could shake up incentives for those working on the blockchain.

Ethereum dev’s paid EigenLayer role sparks debate on ‘conflicted incentives’

An Ethereum Foundation researcher’s decision to take a paid adviser role for the foundation behind EigenLayer has sparked criticism on social media, with one commentator suggesting it coul...

4 months ago

According to Judge Lane, any available funds for distribution by Genesis are being exhausted by creditor claims, which take priority over DCG’s equity stake.

Genesis Global secures court approval for $3B payout

Bankrupt cryptocurrency lender Genesis Global has secured court approval to return about $3 billion in cash and cryptocurrency to its creditors. This decision leaves its parent company, Digital ...

4 months ago

The company could be fined as much as 1% of its annual revenue if it doesn’t respond by May 27.

Microsoft faces multibillion-dollar fine in EU over Bing AI

Microsoft could be fined up to 1% of its annual revenue in the European Union if it doesn’t respond to a request for information by May 27. The threat stems from a request ...

4 months ago

The company’s head of alignment, Jan Leike, resigned on May 17, stating they’d reached a “breaking point” with management.

OpenAI leadership responds to former employee safety allegations

Sam Altman and Greg Brockman, the CEO and president of ChatGPT maker OpenAI, respectively, recently took to X.com to publicly discuss the recent departure of Jan Leike, arguably the company&rsqu...

4 months ago

The transfer of the bankruptcy claim from FTX EU to FTXcreditor could have a significant impact on stakeholders.

Small creditors put at risk by latest FTX bankruptcy development

A significant claim against FTX EU — previously known as K-DNA Financial Services —has been transferred to FTXcreditor in the latest development in the FTX bankruptcy case. The trans...

4 months ago

International hedge fund Millennium Management has reported it holds $1.94 billion across five different spot Bitcoin ETF products.

Millennium Management discloses $2B in Bitcoin ETF holdings

International hedge fund Millennium Management has revealed it holds nearly $2 billion in spot Bitcoin exchange-traded-funds (ETFs) as of the first quarter of 2024. Millennium he...

4 months ago