Osprey Vies for Control of Grayscale’s Bitcoin Trust; Tron’s Justin Sun Offers to Invest Up to $1B on DCG Assets

Osprey Vies for Control of Grayscale's Bitcoin Trust; Tron's Justin Sun Offers to Invest Up to $1B on DCG AssetsFollowing charges by the U.S. Securities and Exchange Commission against the crypto exchange Gemini and the digital currency lender Genesis, Tron founder Justin Sun told the press that he may be able to purchase assets from Genesis, up to $1 billion, “depending on their evaluation of the situation.” Additionally, the crypto investment manager Osprey has […]

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Binance US Plans to Acquire Voyager Digital’s Assets for $1 Billion in Bankruptcy Bid

Binance US Plans to Acquire Voyager Digital's Assets for $1 Billion in Bankruptcy BidAccording to a Binance blog post, Binance US has entered an agreement with Voyager Digital Ltd., in order to acquire its assets. The announcement details that the acquisition “sets a clear path forward for Voyager customers’ funds to be unlocked as soon as possible.” Binance Reveals U.S. Subsidiary to Purchase Voyager Digital’s Assets for $1B, […]

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Bitcoin ETF Launch Hype Fades as Funds Slip in Value, BTC Futures Open Interest Down 38% in 2 Months

Following the charged-up debut of the Proshares bitcoin exchange-traded fund (ETF), Valkyrie’s bitcoin futures ETF and the Vaneck bitcoin strategy ETF, interest in these types of funds seems to have faded a great deal. After the Proshares bitcoin ETF BITO reached an all-time high on November 10, the ETF is down 39% over the last […]

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Proshares Bitcoin Strategy ETF Debut Captures Close to $1 Billion in Volume

Proshares Bitcoin Strategy ETF Debut Captures Close to $1 Billion in VolumeThe first bitcoin exchange-traded fund (ETF) launched in the United States and smashed records on Tuesday, capturing close to $1 billion in total volume. Eric Balchunas, the senior ETF analyst for Bloomberg said that the Proshares Bitcoin Strategy ETF (BITO) definitely “defied expectations.” Proshares Bitcoin ETF Commands Serious Volume Proshares Bitcoin Strategy exchange-traded fund (BITO) […]

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Cryptopunks NFT Collection Joins Axie Infinity and Opensea by Hitting $1 Billion in Sales

Cryptopunks NFT Collection Joins Axie Infinity and Opensea by Hitting $1 Billion in SalesOn Saturday, August 28, the non-fungible token (NFT) project Cryptopunks crossed $1 billion in all-time sales. Cryptopunks joins the heavyweight NFT hitters Axie Infinity’s $1.6 billion and Opensea’s $3.53 billion. Three NFT Projects Have Sold More Than a Billion-Dollars in Sales The non-fungible token project Cryptopunks is now a billion-dollar NFT collection as statistics show […]

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Multibillion Dollar Fund Manager Ruffer Sees Long Trend of Institutional Bitcoin Adoption

Multibillion Dollar Fund Manager Ruffer Sees Long Trend of Institutional Bitcoin AdoptionBritish investment management firm Ruffer has revealed that its bitcoin holdings now account for about 3% of its entire portfolio of approximately $29 billion. The firm believes that we are “at the foothills of a long trend of institutional adoption and financialization of bitcoin.” A Long Trend of Institutional Bitcoin Adoption Ruffer provided an update […]

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Over $1 Billion Ethereum-Based Tokens Vulnerable to ‘Fake Deposit Exploit’

Over $1 Billion in Ethereum-Based Tokens Vulnerable to 'Fake Deposit Exploit'A number of university researchers published a study that demystifies the “fake deposit vulnerability” in Ethereum-based smart contracts. The findings show that over 7,000 tokens worth more than $1 billion built on top of Ethereum are vulnerable to two types of attacks that exploit smart contracts. Researchers from the University of Queensland, Beijing University of […]

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Dogecoin Developers Lament Billion Dollar Market Cap Milestone

Dogecoin Developers Lament Billion Dollar Market Cap MilestoneFollowing last month’s boom in price, Dogecoin now boasts a total market capitalization of over $1 billion USD. Curiously, the price milestone appears to have garnered criticism from the projects developers and creator – who have criticized the preponderance of speculative considerations within the cryptocurrency markets. Also Read: Stellar Rockets into the Cryptocurrency Top 10 After […]

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Scrutiny Intensifies as Tether Exceeds Supply of 1 Billion USDT

Scrutiny Intensifies as Tether Exceeds Supply of 1 Billion USDT1 billion USDT have now entered into circulation, again drawing attention to the operations of Tether. The eight-figure threshold for Tether was passed during the creation of nearly 300 million USDT that has occurred over the last seven days. Also Read: Bitfinex Critic Claims to be Organizing Class Action Lawsuit Against Ifinex Tether First Emerged in […]

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