Binance CEO Dismisses Criticism, Claims ‘no liquidity issues’
Changpeng Zhao stated that despite the FUD, the crypto industry has scored a number of significant victories in recent weeks. Changpeng ‘CZ’ Zhao, co-founder and CEO of Binance, has dispelled recent rumors about his company, affirming that its balance sheet and employee retention remain robust despite recent market volatility. In a Sept. 7 post on […]
SEC Delays Spot Bitcoin ETFs Again, Crypto Market Drops
The SEC has postponed its decision on seven spot Bitcoin ETF applications, dampening the crypto market sentiment. This comes after Grayscale’s legal victory over the SEC, which had raised hopes for early approvals. The crypto market took a hit on Thursday as the U.S. Securities and Exchange Commission (SEC) delayed its decision on applications for […]
Grayscale, Others File Applications to SEC for Ether ETFs
Six prominent asset managers, including Grayscale, ProShares, and VanEck, have submitted new applications to the SEC to offer Ethereum Futures exchange-traded funds (ETFs) to U.S. investors. Separate applications from Grayscale, VanEck, BitWise, Volatility Shares, ProShares, and Round Hill Capital are detailed in filings reviewed by Cointelegraph that were submitted to the U.S. Securities and Exchange […]
Grayscale-SEC lawsuit now schedules for March 7
Following the bankruptcy issue of Genesis Global, a district of Columbia Court of Appeals has set the date for Grayscale’s legal action against the Securities and Exchange Commission (SEC) to March 7 2023 as opposed to the initial date in April. The District of Columbia Court of Appeals has scheduled March 7 to hear oral […]
Grayscale withholds on-chain reserves proof for security reasons
Grayscale published a letter attesting that each of Grayscale’s crypto products is fully backed, but did not provide wallet addresses. Grayscale Investments, a cryptocurrency investment product provider, has refused to give on-chain proof of reserves or wallet addresses to demonstrate the underlying assets of its digital currency products, citing “security concerns.” The crypto investment provider […]