Barry Silbert Raises $755,000 Through Sale of Shares of ETCG Grayscale Investments
Barry Silbert, CEO of DCG, has recently liquidated 120,000 shares of ETCG Grayscale Investments, a subsidiary of the holding company, valued at $755,295.
CertiK Blocks $160,000 Stolen from Decentralized Exchange Merlin
CertiK has frozen $160,000 of the funds taken from the Merlin decentralized exchange due to an exploit.
US Court Greenlights Sale of LedgerX for $50 Million
The Delaware District Bankruptcy Court yesterday approved a deal between FTX and Miami International Holdings’ subsidiary M7 Holding for the sale of the LedgerX crypto derivatives platform.
Changpeng Zhao: Meme Coins Are Misunderstood
Changpeng Zhao (CZ), head of crypto exchange Binance, has expressed during a Twitter Spaces conference his lack of understanding in regard to meme tokens.
The White House Proposes Introducing a 30% Tax on Crypto Mining
The White House has proposed introducing a 30% tax on crypto mining, with the funds to be used to combat climate change.
Litecoin Creator Charlie Lee: Litecoin’s Price Will Increase by More Than 700%
Charlie Lee, the creator of Litecoin, has recently tweeted that the August 2023 halving could cause the LTC rate to skyrocket to 0.025 BTC against Bitcoin.
The Activity of BUSD Addresses is Weakening: Report
The number of transactions with Binance USD (BUSD) has dropped to its lowest level since mid-2021, as observed by Glassnode.
Gemini Rolls Out a Crypto Derivatives Exchange
Crypto exchange Gemini announced last month the launch of its own platform for crypto derivatives, available to investors outside of US jurisdiction.
a16z Urges UK Government to Take More Nuanced Approach to Crypto Regulation
A16z crypto has urged the UK to take a “more nuanced approach” to the regulation of digital assets as the country considers a new framework for both trading and lending.
Ark Invest Spends $8.4M to Buy Coinbase Shares
US investment management firm Ark Invest added yesterday 129,604 Coinbase shares worth over $8.4 million.
Poloniex Will Pay $7.6M in Settlement with OFAC
The Office of Foreign Assets Control (OFAC) has determined that the platform had conducted 66,000 transactions worth more than $15.3 million in “prohibited jurisdictions.”
SEC Fines Crypto ATM Provider Coinme Almost $4 Million
Coinme, Up Global, and Neil Bergquist, CEO of both firms, have settled a dispute with the US Securities and Exchange Commission (SEC).
Block Develops Prototype Chip for Crypto Mining
Jack Dorsey’s Block has announced the completion of a prototype open source Bitcoin mining ASIC chip.
