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
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 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.
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
Presently, ChatGPT is one of the most talked-about things on the web. The AI programme is being used to provide feedback, draft reports, and create new software. Currently, Semafor claims that Microsoft is in talks to acquire OpenAI, ChatGPT’s parent business. The tech behemoth is prepared to spend more than
Modibbo R. Hamman Tukur, the Director of the Nigerian Financial Intelligence Unit (NFIU), has announced that, as of March 1, government employees in Nigeria would no longer be able to withdraw cash from government accounts. According to reports, the new law applies to officials at all levels of government and
On Wednesday, the U.S. Securities and Exchange Commission (SEC) said that it has filed charges against the eight people involved in the $45 million cryptocurrency Ponzi scam Coindeal. The securities commission described Coindeal as a blatant and far-reaching unregistered offering scam undertaken between at least 2018 and 2022. It was
Last week, the Thai Securities and Exchange Commission (SEC) announced the opening of “Crypto Academy.” An initiative to make available educational materials and training programmes on cryptocurrency and related topics. The regulator said that the program’s goal is to educate the public about digital assets and blockchain technology. So that
From December forward, hackers blocked access to the digital medical records of the Saint Gheorghe Recovery Hospital in Botoşani, Northeastern Romania. And demanded payment in crypto for unlocking them. Local news source Monitorul de Botoşani claimed on Tuesday, citing the English-language website Romania Insider, that hackers had compromised the servers,
