7RCC Files for Eco-friendly Spot Bitcoin ETF with SEC
7RCC, an organization specializing in developing solutions for ESG-conscious investors, has applied for a carbon-neutral spot Bitcoin exchange-traded fund (ETF) in cryptocurrency with the US SEC. Per the application submitted to the Securities and Exchange Commission (SEC) of the United States, the ETF will prioritize serving investors committed to environmental, social, and governance (ESG) values. […]
ARK Invest Sells 800K GBTC Shares For $28M
ARK Invest, a spot Bitcoin exchange-traded fund (ETF) contender in the United States, has sold another substantial quantity of Grayscale Bitcoin Trust (GBTC) shares, further depleting its cryptocurrency holdings. Cointelegraph has obtained trade notification that ARK Next Generation Internet ETF (ARKW) sold 809,441 GBTC on December 18. According to data provided by TradingView, the valuation […]
Core Scientific’s Bankruptcy Exit Hearing Faces Delay
Core Scientific, a significant Bitcoin mining entity based in North America, has unexpectedly postponed its bankruptcy exit proceeding decision to January 10, resulting from strategic settlement negotiations involving vital stakeholders. The final hearing for the anticipated insolvency exit of the leading Bitcoin mining company, Core Scientific, has been postponed from December 22 to January 10. […]
OpenAI Launches ‘Preparedness Team’ for AI Risk Assessment
OpenAI intends to execute its “Preparedness Framework,” which entails forming a specialized risk assessment and prediction unit known as the preparedness team. On December 18, the organization announced in a blog post that its newly formed “Preparedness team” will link OpenAI’s safety and policy teams. As stated, these teams, which provide a system resembling checks […]
Cipher Mining Company Buys 37K Bitmain Antminers for $99.5M
Publicly-traded Bitcoin mining company Cipher Mining (CIFR) has recently acquired 37,000 Bitcoin mining devices, expected to deliver 7.1 EH/s of self-mining capacity by the first half of 2025. On December 18, the Chinese cryptocurrency mining behemoth Bitmain announced a new agreement with Cipher to purchase 37,396 Antminer T21 miners. According to the announcement, the expected […]