Grayscale halts GBTC inflow after record 15% discount
Just a few days after GBTC traded at a 15% discount to its BTC equivalent, Grayscale Investments has temporarily closed the trust to investors. Go to Source Powered by WPeMatico
Cryptocurrencies
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The things the DoJ’s latest move against McAfee has taught us
The actions against McAfee by the DoJ and the IRS represent a worrying shift in the view of the U.S. government’s criminal enforcement arm. Go to Source Powered by WPeMatico
The number of Bitcoin ATMs in the US rose 177% over the past year
Worldwide, close to 10,000 new Bitcoin ATMs have been installed since March 1, 2020. Go to Source Powered by WPeMatico
Korean crypto exchanges could soon face fines for gaps in due diligence measures
South Korean financial regulators are developing a penalty regime for Anti-Money Laundering and Know Your Customer violations by cryptocurrency exchanges. Go to Source Powered by WPeMatico
Crypto influencers scramble to recover Twitter accounts after suspensions
Twitter suspended a number of major cryptocurrency-related accounts, including some of the industry’s biggest influencers. Go to Source Powered by WPeMatico
JPMorgan launching ‘crypto exposure basket’ featuring MicroStrategy and Square
The financial services giant has filed paperwork with the SEC to launch a debt instrument linked to 11 crypto-focused firms. Go to Source Powered by WPeMatico
Reserve Rights (RSR) gains 300% as stablecoins gain regulatory approval
Global stablecoin adoption and uncontrolled hyperinflation in Venezuela and Argentina have helped push Reserve Rights to a new all-time high. Go to Source Powered by WPeMatico
Norweigan energy tycoon spins up new Bitcoin business
Billionaire Kjell Inge Rokke believes BTC will become an important feature of the new monetary system. Go to Source Powered by WPeMatico
Bybit appoints new general counsel to lead global cryptocurrency compliance
Daniel Lim will lead Bybit’s legal and compliance team, following an appointment hot on the heels of Bybit’s U.K. shutdown. Go to Source Powered by WPeMatico
Partly cloudy: How blockchain can become a force of nature
Making blockchain a cloud-native concept may lead to the next leap in trustworthy applications for real people. Go to Source Powered by WPeMatico