Blockchain Assoc. requests info on Prometheum over ‘suspicious’ approval
A FOIA request with the SEC regarding Prometheum has been filed, while others found former FINRA and SEC staffers among the firm’s ranks. Go to Source Powered by WPeMatico
Month: June 2023
BlackRock’s Bitcoin ETF ‘is the best thing to happen’ to BTC, or is it?
Galaxy Digital CEO Mike Novogratz was among those over the moon with the news, others warn it could be the start of a major institutional takeover. Go to Source Powered by WPeMatico
Double trouble: FTX founder Sam Bankman-Fried faces two criminal trials
A District Judge ordered a separate trial for the DOJ’s charges against Sam Bankman-Fried which were added following his extradition to the U.S. Go to Source Powered by WPeMatico
Investors want crypto, but not without TradFi backing: Nomura survey
A Nomura Laser Digital survey has revealed the majority of institutional investors polled are still keen on crypto. Go to Source Powered by WPeMatico
Crypto lender Abra has been insolvent since March, says Texas regulator
Abra and its CEO William Barhydt have been issued with an emergency cease and desist order. Go to Source Powered by WPeMatico
Korean crypto contagion, Bank of China on Ethereum, HK’s exchange red carpet: Asia Express
Hong Kong lays out welcome mat for exchanges, Korean crypto lender contagion, Do Kwon banged up abroad, Bank of China’s Ethereum debt note. Go to Source Powered by WPeMatico
BlackRock applies for spot Bitcoin ETF — a US first, if approved
The investment firm joins a long line of applicants; ARK is among those still waiting to hear from the SEC and Grayscale has appealed its rejection. Go to Source Powered by WPeMatico
Fed, SEC investigate Goldman Sachs over Silicon Valley Bank’s securities portfolio: Report
Both regulatory bodies are inquiring into the activities of Goldman Sachs during its unsuccessful capital raise preceding the downfall of Silicon Valley Bank. Go to Source Powered by WPeMatico
Sotheby’s auctions off Dmitri Cerniak’s ‘The Goose’ NFT from 3AC collection for $6.2M
Su Zhu and Kyle Davies originally purchased ‘The Goose’ digital artwork in August 2021 for roughly $5.8 million in Ether. Go to Source Powered by WPeMatico
3AC liquidators file motion to hold Kyle Davies in contempt
Civil sanctions against 3AC’s co-founder Kyle Davies include an award of attorneys’ fees and a $10,000 daily fine until compliance with a subpoena. Go to Source Powered by WPeMatico
