On Monday, shares of the struggling Grayscale Bitcoin Trust (GBTC) jumped, bringing the trust’s discount to Bitcoin closer to BTC’s original price. The over-the-counter security saw a price increase of 11.56%, to $9.65, yesterday. As a result, the trust’s discount relative to the NAV of its Bitcoin assets shrank to
Apple is said to be releasing its first foray into the metaverse. A high-end mixed-reality headset, to the public for the first time this spring after years of development. Soon after Apple’s spring product reveal, the rumored release date for the integrated AR/VR headset, along with new iPhones and other
Cameron Winklevoss, the co-founder of Gemini, has sent a letter to the Digital Currency Group (DCG) in which he accuses crypto lender Genesis of defrauding Gemini and its 340,000 customers. Three pages of accusations against the lender and its parent firm were shared on Twitter today. In the statement, Winklevoss
The web3 builder-focused event Building Blocks 23 will take place on February 7, 2023, in the heart of Tel Aviv. The one-day Building Blocks event, which is being hosted by leading Israeli firms as part of ETH TLV, will bring together Ethereum developers and communities. Throughout ETH TLV, a number
The price of Shiba Inu, the second most popular meme in the world, has been on the rise since the outset of 2023. The Shiba Inu Ecosystem’s most recent improvements have had a significant part in this pricing increase. However, the most recent update from the biggest cryptocurrency exchange, Binance,
Amid the continued bear market and FTX outbreak, Coinbase CEO Brian Armstrong intends to lay off another 20% of the company’s personnel in an effort to reduce operational expenditures. Coinbase had reduced its personnel by 18% in June of last year, and the new move will result in the loss
The role of “Proof of reserves” is to ascertain that a financial institution has a 1:1 ratio backing of user funds with real assets. Blockchain companies are turning to third-party firms to audit their businesses and provide attestations to their assets and liabilities. This move has significantly grown following the
FTX collapse led to the winding down of cryptocurrency trading and custody services once again in 2022 crypto history. As the crypto market recovers with the start of 2023, Today the global cryptocurrency market turned to bullish price momentum. Also, the market cap of all cryptos increased to $889 billion.
OpenSea, the world’s first and largest web3 marketplace for NFTs and Crypto collectibles, now supports Aribitrum Nova and has ultra-low transaction costs and strong security. It powers dapps with high transaction volumes that aim to reduce expenses even more. This helps the Arbitrum ecosystem develop. We’re excited to now support
There has been a directive from Nepal’s telecoms authority for all ISPs in the nation. To ban access to any and all cryptocurrency trading websites, with legal repercussions for those who don’t comply. The Nepal Telecommunication Authority (NTA) issued a notification on January 8. Instructing Internet service providers (ISPs) and
