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News
June 16, 2023

CFTC to Review Prediction Market Kalshi’s Contracts to Bet on Control of Congress

The Commodity Futures Trading Commission will decide on June 26 whether to start a formal 90-day review of prediction market provider KalshiEX’s contract that allows users to bet on which party takes control of the U.S. Congress.

News
June 16, 2023

Crypto Detective ZachXBT Faces Defamation Lawsuit

MachiBigBrother has sued ZachXBT for an investigation the latter published in June 2022 alleging the trader stole tens of millions of dollars worth of crypto.

News
June 16, 2023

BlackRock’s Spot Bitcoin ETF Not The Same As Grayscale’s Product, Experts Say

Exchange Traded Fund (ETF) terminology can sometimes be tricky, and fund management giant BlackRock’s application for a spot Bitcoin ETF has raised some questions.

News
June 16, 2023

BlackRock’s Bitcoin ETF Would Be a Big Deal

And it doesn’t really matter if it’s technically a trust.

News
June 16, 2023

Bitcoin Recrosses $26.3K to Hit Highest Level in a Week Amid BlackRock Optimism

Markets surged for a second time in the less than 24 hours following the fund management giant’s announcement that it had filed paperwork for the formation of a spot bitcoin ETF.

News
June 16, 2023

Coinbase Policy Chief Shirzad Squares Off With SEC Enforcement Director Grewal

A sneak peek of the looming crypo regulatory prize fight highlights that everyone is talking past each other.

News
June 16, 2023

GBTC Discount Narrows After BlackRock’s Filing for Spot Bitcoin ETF

Fund manager Grayscale is currently in a legal standoff with the SEC after the agency denied an application to convert the Grayscale Bitcoin Trust (GBTC) into an exchange-traded fund.

News
June 16, 2023

DeFi Credit Protocol Concordia Raises $4M in Round Led by Tribe, Kraken Ventures

Concordia, now live in public testnet on Aptos, offers a multi-chain risk and collateral management platform for digital assets.

News
June 16, 2023

The $11M NFT Auction and Snoop Dogg’s Evolving Collection

Rapper Snoop Dogg has released new NFTs that evolve in utility throughout his tour this summer, while Sotheby’s concluded a successful second 3AC NFT auction, including $6.2M for Dmitri Cherniak’s “The Goose.”

News
June 16, 2023

U.S. Banking Watchdog Makes Case for Tokenization, Just Not on Public Blockchains

Self-styled crypto skeptic Michael Hsu, the acting head of the U.S. Office of the Comptroller of the Currency (OCC), said tokenization of assets is a serious advance into the future of finance, but decentralized blockchains may be too problematic to handle that movement.

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June 2023
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