Grayscale Investments, a leading digital currency asset manager, has taken a significant step towards listing shares of its popular Grayscale Bitcoin Trust (GBTC) on the NYSE Arca. The company filed an S-3 registration statement with the U.S. Securities and Exchange Commission (SEC), expressing its intention to register and issue shares under the GBTC symbol. This
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Uniswap, the leading decentralized exchange (DEX), has experienced a significant drop of 6% as a result of the introduction of a new fee on crypto swaps. This fee, which amounts to 0.15% and applies to swaps involving Ethereum, USDC, and other cryptocurrencies, has led to disappointment among traders and investors. Uniswap Labs, the organization behind
The European Union (EU) data protection agencies have raised concerns about potential privacy risks associated with the proposed Central Bank Digital Currency (CBDC), the digital euro. In a joint statement, the European Data Protection Board (EDPB) and the European Data Protection Supervisor (EDPS) acknowledged the benefits of the CBDC but also highlighted loopholes and areas
Recent media reports have sparked speculations about Vitalik Buterin, co-founder of Ethereum (ETH), selling off his ETH holdings. These reports were based on the observation of wallets connected to Buterin sending Ethereum to exchanges, unknown addresses, and a Gnosis Safe Proxy wallet. The transactions occurred over a span of seven days in September and followed
The Council of the European Union (EU) has taken a significant stride in regulating crypto-assets by adopting a directive that aims to enhance cooperation amongst national taxation authorities. The announcement made on October 17, 2021, signals a proactive approach by the EU towards the rapidly digitalizing economy. The directive introduces comprehensive amendments to the EU’s
In recent news, the Fantom Foundation, a non-profit organization dedicated to supporting the growth and development of the Fantom ecosystem, has fallen victim to a phishing attack. This attack resulted in the loss of over $650,000 from two Fantom Foundation wallets on Ethereum and the Fantom Network. Additionally, a team member of Fantom reportedly lost
In the midst of turbulent times in the crypto market, investors are searching for a meme coin that goes beyond mere entertainment value. They seek a coin that can serve as a beacon of defiance, leading them towards financial freedom as the next bull market approaches. Introducing Doge Uprising ($DUP), a distinctive symbol of resistance
The European Securities and Markets Authority (ESMA) has issued a warning that investors in the European Union (EU) will not be protected under the bloc’s crypto asset market rules until the end of 2024 at the earliest. This delay in regulatory implementation leaves investors vulnerable to potential losses and lacking the benefits of EU-level oversight.
The customers of the now-bankrupt cryptocurrency exchanges FTX and FTX.US have a glimmer of hope as they anticipate the possibility of reclaiming more than 90% of their assets. An amended proposal has been introduced with the aim of returning funds that were held by the exchange before its collapse in November of the previous year.
XRP price is currently facing challenges as it tries to gain momentum above the $0.5065 resistance against the US dollar. The price is currently trading below both the $0.500 mark and the 100 simple moving average (4 hours). This indicates a lack of bullish strength in the market. Despite this, there was a recent breakthrough
