Controlling shareholders’ stakes in GBTC are ‘highly illiquid’: Report
“It’s net good news for GBTC shareholders and FUD fighting,” says blockchain researcher Selkis.
Blockchain News
BlockFi files for bankruptcy, cites FTX collapse for its troubles
The crypto lender was previously “rescued” by FTX following Terra’s stablecoin collapse.
Tokenized government bonds free up liquidity in traditional financial systems
There are a number of benefits associated with tokenized government bonds, yet adoption may take…
How Web3 resolves fundamental problems in Web2
Web3 is the next-era internet based on decentralized architecture and some innovative concepts. Find how…
FTX collapse put the Singapore government in a parliamentary hot seat
The opposition party MPs has questioned the credibility over its failure to protect retail investors…
Fenix Games raises $150M to fuel next-generation blockchain gaming
Chris Ko, CEO and co-founder of Fenix Games, considers Fenix Games “like a VC fund”…
FTX stake in US bank raises concerns about banking loopholes
The chairman of the rural bank, Jean Chalopin, also happens to be the chairman of…
ConsenSys addresses MetaMask IP collection, claims nothing has changed
ConsenSys says the IP address data collected through MetaMask users will not be monetized or…
How does the FTX collapse affect Dubai’s crypto ecosystem?
CoinMENA CEO Talal Tabbaa believes that the FTX collapse will not change the vision of…
Crypto lender Hodlnaut reportedly faces police investigation in Singapore
Hodlnaut reportedly lied about its exposure to the now-defunct Terra algorithmic stablecoin and lost nearly…
10,000 BTC moves off crypto wallet linked to Mt. Gox hack
The crypto was dormant in the account for over seven years and with the move,…
Crypto has survived worse than the fall of FTX: Chainalysis
According to Chainalysis, the downfall of FTX is likely to have a relatively smaller effect…
EU-based crypto exchange Bitpanda secures crypto license in Germany
The other licensees included three European institutional investment platforms and one U.S.-based retail platform.
FTX ordered to pay reimbursement fees to Bahamian regulators
The Bahamian Securities regulator was ordered to offer custody for digital assets belonging to bankrupt…
Industry expresses confidence in the NFT space amid the FTX collapse
NFT artist Johnathan Schultz believes that the era of NFTs without utility is dwindling, and…