Genesis Buys 32,000 Bitcoins
According to court documents filed on Friday, the bankrupt crypto lender Genesis has sold its shares in the Grayscale Bitcoin Trust (GBTC) and used the proceeds to buy 32,041 Bitcoins.
Lithuania Introduces a Mandatory Registration for Crypto Companies
This week, the Central Bank announced that starting from July 1, 2024, all crypto companies must be registered in Lithuania.
Ethena Labs Adds BTC as Collateral for its USDe
Ethena Labs, the creators of USDe, have incorporated Bitcoin as collateral for their synthetic dollar-pegged product.
Paraguay to Temporarily Ban Crypto MiningÂ
Paraguay’s legislators have put forth a proposal to temporarily prohibit crypto mining and associated activities in the country.
Bitfinex Launches Bitcoin and Ether Volatility Futures
Bitfinex has announced the launch of perpetual futures connected to the volatility indices of Bitcoin and Ether.
Galaxy Digital is Attracting $100M for Crypto Startups
According to a report, Mike Novogratz’s cryptocurrency company Galaxy Digital is in the early stages of raising a $100 million venture fund specifically for investing in early-stage crypto startups.
Van Eck: Ethereum L2 Scaling Networks’ Market Cap Will Reach $1T in 6 Years
According to analysts at Van Eck, Ethereum’s layer 2 scaling networks are expected to reach a market capitalization of $1 trillion in six years.
