Spot Ethereum ETF: Grayscale to Include Staking in Ethereum ETF Proposal
CoinGape (RSS)
Grayscale Investments has announced its intention to incorporate staking capabilities into its proposed spot Ethereum exchange-traded fund (ETF). This move is in line with a recent modification made by the financial giant Fidelity in its own Ethereum ETF filing which indicates the common desire of investment houses to incorporate the staking provision into their cryptocurrency product offerings.
Grayscale’s Amendment
Grayscale Investments has filed a preliminary proxy statement proposing staking features in its Ethereum ETF. This undertaking aims to empower the trust to stake Ethereum, thereby eliminating the inflationary pressures associated with the transition of Ethereum to a proof-of-stake protocol. The move, consequently, is intended to preserve the value of the Trust Estate for the benefit of its...
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CoinGape (RSS)
Grayscale Investments has announced its intention to incorporate staking capabilities into its proposed spot Ethereum exchange-traded fund (ETF). This move is in line with a recent modification made by the financial giant Fidelity in its own Ethereum ETF filing which indicates the common desire of investment houses to incorporate the staking provision into their cryptocurrency product offerings.
Grayscale’s Amendment
Grayscale Investments has filed a preliminary proxy statement proposing staking features in its Ethereum ETF. This undertaking aims to empower the trust to stake Ethereum, thereby eliminating the inflationary pressures associated with the transition of Ethereum to a proof-of-stake protocol. The move, consequently, is intended to preserve the value of the Trust Estate for the benefit of its...
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Breaking: Hashdex Ethereum ETF Faces SEC Decision Hold Until May
CoinGape (RSS)
The Securities and Exchange Commission (SEC) has postponed its decision on the approval of the Hashdex Nasdaq Ethereum exchange-traded fund (ETF) until May 30, 2024. This ETH ETF, which will be offered to investors if approved, will represent an investment product with access to both ongoing ether prices and futures.
This postponement will provide the SEC the chance to review the proposed rule change, taking into account all the concerns, and provide the solution in time. It underlines that the authority wants to observe how crypto-related products function within the financial system and what place they will be given in the future.
Nasdaq made an application for the Hashdex Nasdaq Ethereum ETF in September, with Toroso I...
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CoinGape (RSS)
The Securities and Exchange Commission (SEC) has postponed its decision on the approval of the Hashdex Nasdaq Ethereum exchange-traded fund (ETF) until May 30, 2024. This ETH ETF, which will be offered to investors if approved, will represent an investment product with access to both ongoing ether prices and futures.
This postponement will provide the SEC the chance to review the proposed rule change, taking into account all the concerns, and provide the solution in time. It underlines that the authority wants to observe how crypto-related products function within the financial system and what place they will be given in the future.
Nasdaq made an application for the Hashdex Nasdaq Ethereum ETF in September, with Toroso I...
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Tornado Cash Founder Indicted For Aiding Laundered $1.2B Funds: Report
CoinGape (RSS)
Alexey Pertsev, the developer behind the popular Tornado Cash crypto mixer is facing an indictment for his alleged involvement in laundering up to $1.2 billion in crypto assets. This news is based on reports from DL News.
Alexey Pertsev Indicted for 36 Illicit Crimes
The Tornado Cash developer is becoming more popular for crypto crime than for the service that his company is designed to offer. Dutch prosecutors have been on his trail over some investigations that involved 36 allegedly illicit transactions. Of the listed cases, the 175 ETH from Axie Infinity-linked crypto protocol Ronin Bridge, was the highest.
Other illicit transactions on the Dutch prosecutors’ list involved decentralized protocols like Harmony and Nomad Bridge.
According to Pertsev’s lawyer Keith Cheng, “Prosecutors ar...
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CoinGape (RSS)
Alexey Pertsev, the developer behind the popular Tornado Cash crypto mixer is facing an indictment for his alleged involvement in laundering up to $1.2 billion in crypto assets. This news is based on reports from DL News.
Alexey Pertsev Indicted for 36 Illicit Crimes
The Tornado Cash developer is becoming more popular for crypto crime than for the service that his company is designed to offer. Dutch prosecutors have been on his trail over some investigations that involved 36 allegedly illicit transactions. Of the listed cases, the 175 ETH from Axie Infinity-linked crypto protocol Ronin Bridge, was the highest.
Other illicit transactions on the Dutch prosecutors’ list involved decentralized protocols like Harmony and Nomad Bridge.
According to Pertsev’s lawyer Keith Cheng, “Prosecutors ar...
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Saudi Arabia plans $40B AI investment fund overseen by a16z: Report
Cointelegraph.com News (RSS)
If the $40 billion fund goes ahead, it would make Saudi Arabia the largest investor in the AI space.
Cointelegraph.com News (RSS)
If the $40 billion fund goes ahead, it would make Saudi Arabia the largest investor in the AI space.
SEC pushes Hashdex, ARK 21Shares Ether ETFs as approval hope dwindles
Cointelegraph.com News (RSS)
The SEC has continued to push back its decision on spot Ether ETFs while analysts have turned more pessimistic on approvals.
Cointelegraph.com News (RSS)
The SEC has continued to push back its decision on spot Ether ETFs while analysts have turned more pessimistic on approvals.
SEC Delays Decision on Hashdex Nasdaq and Ark 21Shares Ethereum ETFs
Cryptopolitan (RSS)
The U.S. Securities and Exchange Commission (SEC) has extended its decision timeline regarding the approval of the Hashdex Nasdaq Ethereum ETF until May 30, 2024, according to an announcement on Tuesday.
This ETF, if approved, would include both spot ether and futures contracts in its portfolio. The decision to delay comes as the SEC seeks additional time to thoroughly evaluate the proposed rule change and the concerns it raises.
The application for the Hashdex Nasdaq Ethereum ETF was initially submitted by the Nasdaq stock exchange in September, with Toroso Investments managing the fund. Toroso Investments is registered with the Commodity Futures Trading Commission as a commodity pool operator and is a member of the National Futures Association. This delay marks another instance where the SEC has postponed making a decision on this ETF, following a call for public comments in December.
Further...
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Cryptopolitan (RSS)
The U.S. Securities and Exchange Commission (SEC) has extended its decision timeline regarding the approval of the Hashdex Nasdaq Ethereum ETF until May 30, 2024, according to an announcement on Tuesday.
This ETF, if approved, would include both spot ether and futures contracts in its portfolio. The decision to delay comes as the SEC seeks additional time to thoroughly evaluate the proposed rule change and the concerns it raises.
The application for the Hashdex Nasdaq Ethereum ETF was initially submitted by the Nasdaq stock exchange in September, with Toroso Investments managing the fund. Toroso Investments is registered with the Commodity Futures Trading Commission as a commodity pool operator and is a member of the National Futures Association. This delay marks another instance where the SEC has postponed making a decision on this ETF, following a call for public comments in December.
Further...
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Saga Announces Saga Origins Game Publishing Arm During GDC 2024
Cryptopolitan (RSS)
San Francisco, California, March 20th, 2024, Chainwire
Cementing itself as the first and only Layer-1 web3 game publisher, Saga primes for Mainnet launch in April
Saga, a leading Layer-1 protocol and developer ecosystem in web3, today unveiled Saga Origins, a new game publishing division devoted to bringing cutting-edge, quality games to market. With this landmark announcement, Saga becomes the first and only web3 chain to establish a dedicated game publishing arm for developers to partner with to release their projects.
Saga Origins is committed to offering a full-service and collaborative approach to bring games to a global mass market. Whereas developers would traditionally secure grants only to build and launch their games, Saga Origins offers added beneficial support, including partnerships with influencers to generate awareness,...
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Cryptopolitan (RSS)
San Francisco, California, March 20th, 2024, Chainwire
Cementing itself as the first and only Layer-1 web3 game publisher, Saga primes for Mainnet launch in April
Saga, a leading Layer-1 protocol and developer ecosystem in web3, today unveiled Saga Origins, a new game publishing division devoted to bringing cutting-edge, quality games to market. With this landmark announcement, Saga becomes the first and only web3 chain to establish a dedicated game publishing arm for developers to partner with to release their projects.
Saga Origins is committed to offering a full-service and collaborative approach to bring games to a global mass market. Whereas developers would traditionally secure grants only to build and launch their games, Saga Origins offers added beneficial support, including partnerships with influencers to generate awareness,...
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Bitcoin (BTC) Supply On Exchanges Slips To 4-Year Low, Impact On Price
CoinGape (RSS)
Bitcoin’s (BTC) inflow in the last two quarters has triggered massive bullish sentiment in the market spurring increased activity around the leading cryptocurrency.
New on-chain data from cryptocurrency analytics firm CryptoQuant shows Bitcoin supply on exchanges plummeting in the last four years. Since 2020, the amount of BTC held by users has plunged almost 40% marking heightened bullish momentum.
Historically, the movement of assets off exchanges points to a general bullish sentiment in the market while an inflow to exchanges shows a prevailing bearish sentiment.
This is because assets on exchanges are deemed likely to be sold unlike those held on other custodians and miner reserves.
...
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CoinGape (RSS)
Bitcoin’s (BTC) inflow in the last two quarters has triggered massive bullish sentiment in the market spurring increased activity around the leading cryptocurrency.
New on-chain data from cryptocurrency analytics firm CryptoQuant shows Bitcoin supply on exchanges plummeting in the last four years. Since 2020, the amount of BTC held by users has plunged almost 40% marking heightened bullish momentum.
Historically, the movement of assets off exchanges points to a general bullish sentiment in the market while an inflow to exchanges shows a prevailing bearish sentiment.
This is because assets on exchanges are deemed likely to be sold unlike those held on other custodians and miner reserves.
...
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Kyle Davies ‘not sorry’ for 3AC collapse, plans to avoid jail
Cointelegraph.com News (RSS)
Three Arrows Capital co-founder Kyle Davies appeared on a podcast and showed little remorse for his firm’s creditors and said he plans to avoid spending any time in a Singaporean prison.
Cointelegraph.com News (RSS)
Three Arrows Capital co-founder Kyle Davies appeared on a podcast and showed little remorse for his firm’s creditors and said he plans to avoid spending any time in a Singaporean prison.
BlackRock Tokenized Asset Fund Launched With $100 Million USDC Funding
Coincu (RSS)
BlackRock tokenized asset fund creation mirrors rising interest in tokenizing real assets via blockchain.Read more...
Coincu News
Coincu (RSS)
BlackRock tokenized asset fund creation mirrors rising interest in tokenizing real assets via blockchain.Read more...
Coincu News
Spot Ethereum ETF Now Unlikely To Get SEC Approval In May
Coincu (RSS)
Bloomberg analysts foresee low odds of spot Ethereum ETF approval in May, citing regulatory hurdles and limited issuer collaboration.Read more...
Coincu News
Coincu (RSS)
Bloomberg analysts foresee low odds of spot Ethereum ETF approval in May, citing regulatory hurdles and limited issuer collaboration.Read more...
Coincu News
DOJ's Proposed 50-Year Sentence for Sam Bankman-Fried 'Disturbing,' FTX Founder's Lawyers Say
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data (RSS)
Sam Bankman-Fried's defense team pushed back against what it called the "disturbing" sentencing memorandum filed by the Department of Justice last week in a new letter, saying the DOJ was making the FTX founder out to be someone he was not.
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data (RSS)
Sam Bankman-Fried's defense team pushed back against what it called the "disturbing" sentencing memorandum filed by the Department of Justice last week in a new letter, saying the DOJ was making the FTX founder out to be someone he was not.
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Elon Musk (Twitter)
RT @SpaceX: Teams test the new emergency chutes from the pad 40 crew tower in Florida
RT @SpaceX: Teams test the new emergency chutes from the pad 40 crew tower in Florida
Crypto hedge fund co-founder Kyle Davies unapologetic amidst scandal
Cryptopolitan (RSS)
In a recent episode of the Unchained Podcast, Kyle Davies, co-founder of the now-defunct crypto hedge fund Three Arrows Capital (3AC), displayed an unrepentant attitude towards the billions lost by investors. Despite facing criticism and legal implications, Davies remained resolute in his stance, expressing no remorse for the collapse of 3AC.
Lack of remorse and plans
Davies, known for his involvement in the crypto industry, laughed off the notion of regret over the company’s bankruptcy, stating, “Am I sorry for a company going bankrupt? No.” He further dismissed the backlash on social media, asserting the resilience of his professional reputation.
Regarding his whereabouts, Davies remained evasive, claiming to be in Europe while previously stating residence in Portugal. His avoidance of returning to Singapo...
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Cryptopolitan (RSS)
In a recent episode of the Unchained Podcast, Kyle Davies, co-founder of the now-defunct crypto hedge fund Three Arrows Capital (3AC), displayed an unrepentant attitude towards the billions lost by investors. Despite facing criticism and legal implications, Davies remained resolute in his stance, expressing no remorse for the collapse of 3AC.
Lack of remorse and plans
Davies, known for his involvement in the crypto industry, laughed off the notion of regret over the company’s bankruptcy, stating, “Am I sorry for a company going bankrupt? No.” He further dismissed the backlash on social media, asserting the resilience of his professional reputation.
Regarding his whereabouts, Davies remained evasive, claiming to be in Europe while previously stating residence in Portugal. His avoidance of returning to Singapo...
View original post
Immutable and Polygon Join Forces for $100M Web3 Gaming Fund
CoinGape (RSS)
Immutable, a blockchain development company, and Polygon Labs, known for its significant contributions to the blockchain infrastructure, have announced a partnership to establish a $100 million fund dedicated to Web3 gaming. This partnership is intended to spur the development of early-stage gaming startups in the blockchain space, thus ensuring impressive growth in the emerging sector.
Collaboration and Fund Objectives
The newly created fund, Inevitable Games Fund (IGF), is supposed to be an ecosystem-agnostic that emphasizes on the potential of Web3 gaming regardless of the underlying blockchain technology. This strategy offers many investment options, targeting the production of innovations and development in the whole industry. The fund’s investment strategy will be led by King River Capital, a venture capital firm t...
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CoinGape (RSS)
Immutable, a blockchain development company, and Polygon Labs, known for its significant contributions to the blockchain infrastructure, have announced a partnership to establish a $100 million fund dedicated to Web3 gaming. This partnership is intended to spur the development of early-stage gaming startups in the blockchain space, thus ensuring impressive growth in the emerging sector.
Collaboration and Fund Objectives
The newly created fund, Inevitable Games Fund (IGF), is supposed to be an ecosystem-agnostic that emphasizes on the potential of Web3 gaming regardless of the underlying blockchain technology. This strategy offers many investment options, targeting the production of innovations and development in the whole industry. The fund’s investment strategy will be led by King River Capital, a venture capital firm t...
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Crypto Fan Won Ohio Senate Primary That Could Alter the Industry's U.S. Destiny
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data (RSS)
Ohio's U.S. Senate race may be the biggest congressional contest this year for the crypto industry, now pitting a digital assets booster against Sen. Sherrod Brown (D-Ohio), the sitting Senate Banking Committee chairman who has stood in the way of the development of regulatory legislation.
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data (RSS)
Ohio's U.S. Senate race may be the biggest congressional contest this year for the crypto industry, now pitting a digital assets booster against Sen. Sherrod Brown (D-Ohio), the sitting Senate Banking Committee chairman who has stood in the way of the development of regulatory legislation.
Does Sam Bankman-Fried Deserve 50 Years in Prison?
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data (RSS)
The stage is set for a federal judge to determine how long Sam Bankman-Fried may spend in prison. The U.S. Department of Justice and defense attorneys have now both filed their arguments, as well as statements from FTX creditors (from the prosecution) and Bankman-Fried's family and friends (from the defense).
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data (RSS)
The stage is set for a federal judge to determine how long Sam Bankman-Fried may spend in prison. The U.S. Department of Justice and defense attorneys have now both filed their arguments, as well as statements from FTX creditors (from the prosecution) and Bankman-Fried's family and friends (from the defense).
Trezor X account shills fake presale tokens in suspected hack
Cointelegraph.com News (RSS)
The official X account for Trezor began asking users to send crypto to an unknown wallet address and posted nefarious links to a fraudulent token presale.
Cointelegraph.com News (RSS)
The official X account for Trezor began asking users to send crypto to an unknown wallet address and posted nefarious links to a fraudulent token presale.