Crypto Detective ZachXBT Faces Defamation Lawsuit
MachiBigBrother has sued ZachXBT for an investigation the latter published in June 2022 alleging the trader stole tens of millions of dollars worth of crypto.Source
BlackRock’s Spot Bitcoin ETF Not The Same As Grayscale’s Product, Experts Say
Exchange Traded Fund (ETF) terminology can sometimes be tricky, and fund management giant BlackRock’s application for a spot Bitcoin ETF has raised some questions.Source
Bitcoin Recrosses $26.3K to Hit Highest Level in a Week Amid BlackRock Optimism
Markets surged for a second time in the less than 24 hours following the fund management giant’s announcement that it had filed paperwork for the formation of a spot bitcoin ETF.Source
GBTC Discount Narrows After BlackRock’s Filing for Spot Bitcoin ETF
Fund manager Grayscale is currently in a legal standoff with the SEC after the agency denied an application to convert the Grayscale Bitcoin Trust (GBTC) into an exchange-traded fund.Source
DeFi Credit Protocol Concordia Raises $4M in Round Led by Tribe, Kraken
Concordia, now live in public testnet on Aptos, offers a multi-chain risk and collateral management platform for digital assets.Source
DeFi Credit Protocol Concordia Raises $4M in Round Led by Tribe, Kraken Ventures
Concordia, now live in public testnet on Aptos, offers a multi-chain risk and collateral management platform for digital assets.Source
The $11M NFT Auction and Snoop Dogg’s Evolving Collection
Rapper Snoop Dogg has released new NFTs that evolve in utility throughout his tour this summer, while Sotheby’s concluded a successful second 3AC NFT auction, including $6.2M for Dmitri Cherniak’s “The Goose.”Source
U.S. Banking Watchdog Makes Case for Tokenization, Just Not on Public Blockchains
Self-styled crypto skeptic Michael Hsu, the acting head of the U.S. Office of the Comptroller of the Currency (OCC), said tokenization of assets is a serious advance into the future of finance, but decentralized blockchains may be too problematic to handle that movement.Source
BlackRock May Have Found Way to Get SEC Approval for Spot Bitcoin ETF
Blackrock’s (BLK) iShares Bitcoin Trust application to the U.S. Securities and Exchange Commission (SEC) this week might stand a better chance than previous attempts by other fund managers thanks to the promise of a “surveillance-sharing agreement” between exchanges.Source