SEC extends deadline on Bitwise and Grayscale Bitcoin ETFs
This news comes as the SEC maintains its strong position on physical crypto ETFs while also allowing a number of sector ETFs with indirect crypto exposure. Two major Bitcoin exchange-traded fund proposals were postponed by the SEC on Wednesday, including NYSE Arca’s “real” Bitcoin ETF, dubbed Bitwise Bitcoin ETP Trust, and Grayscale Bitcoin Trust’s Bitcoin […]
Wikipedia debut sales of its first Nft on Christie’s
Christie’s completed an auction of two Wikipedia-related artefacts from Wikipedia co-founder Jimmy Wales on December 15th. Following its 20th anniversary celebration in January, the free online encyclopedia Wikipedia continues to make history by selling its first nonfungible token (NFT) through Christie’s auction house. Christie’s completed an auction of two Wikipedia-related artefacts from Wikipedia co-founder Jimmy […]
Upbit sister firm Lambda256 raises $60M
Dunamu, the major operator of South Korean cryptocurrency exchange Upbit, is making strides in blockchain development thanks to new funding for its blockchain branch Lambda256. Lambda256 raised 70 billion Korean won ($60 million) in a Series B financing, valuing the company at over $300 million, according to a Dec. 15 release. The company focuses on […]
Beijing court deems monetary compensation in Bitcoin mining contract plea “invalid”
Last summer, China began cracking down on crypto mining, forcing some of the world’s largest Bitcoin mining businesses to leave the country. In exchange for his Bitcoin mining infrastructure investment, the plaintiff in the case wanted 217.7 BTC. The plaintiff’s Bitcoin mining contract with the blockchain firm was declared “void” by the Chaoyang District People’s […]
Binance to launch crypto exchange with Indonesia’s largest Telecom firm
Binance will develop a new digital asset exchange in Indonesia in collaboration with a consortium led by MDI Ventures, Telkom Indonesia’s investment arm. The partnership will also strive to extend blockchain usage throughout Indonesia, which has a population of approximately 240 million people, according to a joint release made on Wednesday. Binance will supply asset […]