Category Archive: Cryptocurrency, No picture
Bitwise files for Solana ETF via Delaware trust
Key Takeaways Bitwise has filed to establish a Delaware trust for a proposed Solana ETF. The filing is part of Bitwise’s expansion strategy, including recent acquisitions and a jump in assets under management. Share this article Bitwise Asset Management has filed to establish a trust entity for its proposed Bitwise Solana ETF in Delaware—a preliminary […]
SEC delays decision on Franklin Templeton Bitcoin & Ethereum index ETF
Key Takeaways The SEC delayed the decision on Franklin Templeton’s Bitcoin and Ethereum ETF, extending the deadline to January 6, 2025. The SEC’s review period extension allows more time to evaluate the proposal and its implications. Share this article The SEC has delayed its decision on Franklin Templeton’s proposed Bitcoin and Ethereum index ETF. The […]
DCG’s Barry Silbert unveils decentralized AI venture to fund Bittensor projects
Key Takeaways Barry Silbert launched Yuma, a subsidiary focused on Bittensor’s decentralized AI network. Yuma supports projects using AI to earn rewards on the Bittensor network with the $TAO token. Share this article Digital Currency Group (DCG), led by Barry Silbert, has announced the launch of Yuma, a new company dedicated to fostering innovation and […]
Coinbase Wallet launches USDC rewards with 4.7% APY
Key Takeaways Coinbase Wallet offers 4.7% APY on USDC without lock-up periods via its expanded global rewards program. USDC rewards are accessible on multiple blockchain networks, including Base, Ethereum, and Polygon. Share this article Coinbase Wallet users can now earn 4.7% APY on USDC holdings as the platform expands its rewards program globally.As announced in […]
Former FTX CTO Gary Wang avoids prison time for role in crypto fraud
Key Takeaways Gary Wang avoided prison time due to his cooperation in the case against Sam Bankman-Fried. US District Judge Kaplan considered Wang’s cooperation and lesser role in the fraud scheme. Share this article Gary Wang, the former chief technology officer of FTX who helped founder Sam Bankman-Fried steal nearly $8 billion from customers, avoided […]
MicroStrategy upsizes note offering to $2.6 billion to fund Bitcoin acquisition
Key Takeaways MicroStrategy is increasing its notes offering to $2.6 billion for acquiring additional Bitcoin. The offering will close on November 21, 2024, with notes maturing on December 1, 2029. Share this article MicroStrategy has increased its offering of zero-interest convertible senior notes to $2.6 billion, up from the previously announced $1.75 billion, according to […]
Gen Z trader rugs meme coin during livestream, community’s revenge sends token to $80M
Key Takeaways A Gen Z trader’s rug pull attempt with a meme coin led to a dramatic rise in the token’s value. The crypto community exposed the trader’s personal information online in retaliation. Share this article A teenage crypto trader’s attempt to profit from a meme coin rug pull backfired when the community’s response pushed […]
Michael Saylor to present Bitcoin investment strategy to Microsoft’s board
Key Takeaways Michael Saylor will present a Bitcoin investment strategy to Microsoft’s board. The board previously argued that Microsoft already evaluates various assets, including Bitcoin, and that their current focus is on stability and minimizing risk. Share this article Michael Saylor will share his insights on Bitcoin investment strategies in a three-minute presentation to Microsoft’s […]
Trump considers crypto lawyer Teresa Goody Guillén for SEC Chair
Key Takeaways Teresa Goody Guillén is being considered as SEC Chair in a potential Trump administration. Goody Guillén has support from the crypto industry due to her pro-crypto stance and SEC experience. Share this article President-elect Donald Trump is reportedly considering Teresa Goody Guillén, a blockchain lawyer and former SEC attorney, to lead the SEC, […]
Trump taps pro-Bitcoin Howard Lutnick as Commerce secretary
Key Takeaways Donald Trump has chosen Howard Lutnick, a pro-Bitcoin advocate, as his commerce secretary. Lutnick’s financial background and support for Bitcoin align with Trump’s pro-crypto stance, emphasizing global trade and blockchain innovation. Share this article President-elect Donald Trump has chosen Howard Lutnick, CEO of Cantor Fitzgerald, to serve as Commerce secretary, as announced in […]
