A group of debtors from cryptocurrency derivatives exchange FTX have filed a lawsuit against Grayscale Investments, LLC, as well as its CEO and owners. The lawsuit, which was filed in a New York court, alleges that Grayscale Investments, LLC and…
Grayscale Holds 633K Bitcoins According to An Independent Research Report
Since FTX’s demise, other exchanges and digital asset managers have been under growing pressure to show that they actually have the cash they claim to. A major black swan event would be the liquidation of GBTC’s holdings or its collapse…
Grayscale and Foundry Digital to Offer Bitcoin Mining Product
Grayscale Investments, a major digital currency asset manager, partners with Foundry Digital to introduce a product that gives clients exposure to Bitcoin Mining Equipment. The new partnership led to the creation of Grayscale Digital Infrastructure Opportunities (GDIO) What is GDIO’s…
Grayscale Crypto Giant Files Lawsuit against SEC
Major digital asset manager Grayscale has filed a lawsuit against the Securities and Exchange Commission (SEC) for its rejection to allow the conversion of its $12 Billion Grayscale Bitcoin Trust (GBTC) to spot Bitcoin ETF (Exchange Traded Fund). GBTC has…
Consultancy Firm says Crypto Investing is a Good Longterm Strategy for Institutions
According to consultancy firm Cambridge associates, crypto represents a sound investment for institutional investors as reported by Bloomberg on Feb 18. Cambridge associates, an institution based in Boston specializes in pension and endowment consultancy reportedly works with institutions that collectively…
High Stakes Trial of Avi Eisenberg Involves Alleged 110 Million Dollar Theft from Mango Markets Crypto Exchange
In the high-stakes trial of Avi Eisenberg, a 28-year-old trader, federal jurors in New York were presented with divergent narratives regarding his alleged manipulation of the Mango Markets cryptocurrency exchange, resulting in the theft of a staggering $110 million. The…
Bitcoin’s Long-Term Investors Now Possess More Than 76% of All BTC for the First Time. Details below
In the ever-fluctuating world of cryptocurrencies, Bitcoin, affectionately known as BTC, is currently undergoing a transformation that is sending shockwaves through the market. Regardless of whether you are an experienced BTC price speculator or a newcomer to the crypto arena,…
