Relief efforts are still underway on the Hawaiian island of Maui following a series of wildfires severely damaging major areas including Lahaina. All Hands and Hearts, a disaster relief organization, has been collecting cryptocurrency and fiat donations to assist local Maui residents in the wake of the fires which took the lives of more than 100 people and destroyed homes…
Ryan Gittleson has been trying to get crypto and poker to work together for a long time. It hasn’t proven so easy—but his vision for Virtue Poker is finally coming to fruition. Founded in 2016, his company was incubated by Ethereum software giant ConsenSys with an eye to decentralize online poker. The company completed a $12.5 million token sale two…
Grayscale’s court win yesterday has added optimism for a Bitcoin ETF this year. Bloomberg’s ETF experts Eric Balchunas and James Seyffart now give a 75% chance of approval by the end of the year. This morning, the duo upped the odds of an approval in 2023 from 65% at the start of August. Lot of people were asking yesterday. Eric…
Bitcoin (BTC) drifted toward $27,000 after the Aug. 30 Wall Street open as the dust settled on digital asset manager Grayscale’s legal victory. BTC/USD 1-hour chart. Source: TradingView BTC buyer interest remains low Data from Cointelegraph Markets Pro and TradingView showed BTC price cooling volatility which began the day prior, when a positive verdict for Grayscale against United States regulators…
The EOS Network Foundation announced that the EOS token will start trading on the Japanese exchange BitTrade in September. Source: https://cointelegraph.com/public/index.php/news/eos-secures-regulatory-approval-in-japan-will-trade-against-yen
GBTC shares trading at a lower implied value to BTC price may soon be a thing of the past, a new prediction says. Source: https://cointelegraph.com/public/index.php/news/gbtc-bitcoin-discount-2024-share-price-gains
The lenders of the bankrupt cryptocurrency lender Genesis are not satisfied with the latest in-principle settlement agreement with other parties including the Digital Currency Group (DCG). The Ad Hoc Group of Genesis Global Capital (GGC) lenders — represented by lawyers Brian Rosen and Jordan Sazant — on Aug. 29 responded to a public bankruptcy plan update, calling the reached in-principle…
The lawyers representing the United States Department of Justice (DOJ) filed a new court document late on Aug. 29 arguing that Sam Bankman-Fried should provide additional disclosures to his planned defense. The document called the current proposed argument, which claims his lawyers approved of fraud allegations while he was still at FTX, “irrelevant.” The filing requests that the court order…
Coinbase’s stock experienced a significant surge on Aug. 29 after reports emerged that a federal judge had ruled in favor of Grayscale in their SEC legal dispute. In the final moments of the trading session on Tuesday, Aug.29, the value of COIN stood at $85.13 per share, marking an increase of over 15% over the previous day’s close. Coinbase, the…
Crypto is a volatile place. Money can be as easily lost as made through the ups and downs of Bitcoin and the wider market, and there are massive decisions to make. Should you just hodl — invest and do nothing — or actively trade the market? How many coins should your portfolio hold? Self-custody or keep your funds on an…
