Grayscale Bitcoin Trust Seeks ETF Conversion to Reduce Discount
Grayscale Bitcoin Trust has recently shared enthusiasm regarding the conversion of GBTC shares into Bitcoin ETF. If realized, the new investment product will remove 8.09%...
Court Allows FTX to Sell $873M in Grayscale Bitcoin Trust Shares as Well as Other Holdings
FTX, a fallen crypto exchange, has been allowed to sell 32 million shares across several digital assets to recoup funds. As the FTX insolvency tale...
Philippines Regulators Introduce Lawsuit Against Binance for Operating Without a License
The Securities and Exchange Commission of the Philippines has brought a lawsuit against Binance trading platform. The regulators have alleged that Binance is operating as...
US Authorities Sanction Sinbad Crypto Mixer Alleging Facilitating North Korean Hackers
On Wednesday, November 29, Bitcoin mixer Sinbad was served with sanctions from the US Treasury alleging it facilitates North Korean hackers. The multi-agency team comprising...
Judge Approves Voyager Digital’s $1.65B Settlement Case with FTC
The agreement between the cryptocurrency lending company and the Federal Trade Commission (FTC) was initially disclosed in October and did not conclude the ongoing legal...
Coinbase May be Compelled to Disclose Bitcoin Trading Information to CFTC
Recently, the firm received a subpoena relating to Bybit, a crypto exchange. However, Coinbase clients with no links to the exchange claim they are also...
Charles Hoskinson, Cardano Founder, Says Bitcoin Acquires ‘Full Pass’ From SEC
According to the Carnado Founder, Bitcoin is not decentralized, and the rest of the cryptocurrencies are illegally classified as securities. In a recent livestream, Charles...
Nigerian Authorities Arrest a Politician Linked to Patricia Technologies Wallet Heist
Nigerian Police Force has reported that Wilfred Bonse, a politician hailing from the country has been arrested on account of theft charges. Local media reports...
SBI Holdings Partners with Circle for USDC Circulation
SBI Holdings is filing for registration as an electronic payment services provider in Japan. The move is part of the memo of understanding between SBI...
EU Central Bank Chief Vows to Insulate Eurozone From Crypto Assets Volatility
The EU Central Bank (ECB) head, Christine Lagarde, admitted to warning the immediate relatives from crypto bets that turned catastrophic losses. She confessed her anti-crypto...