Volatility Shares, a financial firm offering a range of exchange-traded fund (ETF) products, has cancelled its plans to launch an Ethereum futures ETF on Oct. 2. In an email with Cointelegraph, the company’s co-founder and president, Justin Young, confirmed the cancellation, citing changes in the market. However, Young added that plans for an ETH futures […]
Rostin Behnam, chair of the United States Commodity Futures Trading Commission (CFTC), spoke at the Financial Industry Association Expo 2023 event in Chicago about the agency’s activity in the crypto sphere and the need for up-to-date legislation. He noted that the CFTC Enforcement Division had collected $6 billion in penalties in fiscal year 2023, with […]
The federal appeals court for the District of Columbia recently ruled in favor of Grayscale Investments in their attempt to turn their Grayscale Bitcoin Trust (GBTC) into a listed Bitcoin exchange-traded fund (ETF). Judge Neomi Reo granted Grayscale’s order to review and vacated the SEC’s order to deny the GBTC listing application, citing that the […]
Michael Lewis, author of The Big Short, has written a book about Sam Bankman-Fried, the former CEO of FTX. In an excerpt of Going Infinite: The Rise and Fall of a New Tycoon published in the Washington Post, Lewis described Bankman-Fried’s interactions with the media and influential figures prior to the downfall of FTX and […]
The US Securities and Exchange Commission (SEC) has taken a significant step that has raised hopes for the approval of Bitcoin spot exchange-traded funds (ETFs). This comes after the SEC recently delayed applications for Bitcoin spot ETFs from major financial players like BlackRock, Fidelity, and VanEck due to the US government shutdown.Renowned ETF analysts, Eric […]
TYRION, a trailblazer in decentralized advertising, has announced its strategic move to build its advertising platform on Coinbase’s Base Chain. This monumental announcement underscores TYRION’s commitment to leveraging cutting-edge technology to offer unparalleled advertising solutions, anchored in transparency, efficiency, community incentivization, and innovation.Base Chain, renowned for its robust scalability, security, and efficiency, aligns seamlessly with […]
TYRION, a trailblazer in decentralized advertising, has announced its strategic move to build its advertising platform on Coinbase’s Base Chain. This monumental announcement underscores TYRION’s commitment to leveraging cutting-edge technology to offer unparalleled advertising solutions, anchored in transparency, efficiency, community incentivization, and innovation.Base Chain, renowned for its robust scalability, security, and efficiency, aligns seamlessly with […]
The US Congress passed a stopgap funding measure on October 1, preventing a government shutdown. The Republican Party, which holds a majority in the US House of Representatives, was divided on the issue. After weeks of infighting, Speaker Kevin McCarthy announced the stopgap proposal and the bill passed the House with a bipartisan vote. The […]
The trial of Sam Bankman-Fried, the founder of crypto exchange FTX, is set to begin this week. Caroline Ellison, his former girlfriend and head of Alameda Research, is expected to testify against him. SBF is accused of attempting to pay Donald Trump to not run for reelection in 2020. Ellison has pleaded guilty to seven […]
U.S. Grayscale has announced that it will eliminate the discount in its Ethereum Trust if it converts it into a spot ETF. This move is expected to provide investors with more access to the Ethereum market, as well as greater liquidity and transparency.The Ethereum Trust is a publicly traded investment vehicle that allows investors to […]
