Wall Street’s top regulator has refused to give a decision on another high-profile spot Ethereum exchange-traded fund (ETF). Today, a U.S. Securities and Exchange Commission filing shows that the body will push back its decision on approving or denying Grayscale’s application to turn its Ethereum (ETH) Trust into an ETF. Digital currency asset management firm Grayscale in October filed a…
The United States has announced plans to sell about $117 million worth of Bitcoin seized from a convicted drug trafficker who operated on the now-shuttered Silk Road dark web marketplace. A forfeiture notice from earlier this month is now available online, with the government noting that it plans to “dispose” of the cryptocurrency. The notice follows sentencing earlier this month…
The PIXEL token airdrop from buzzy blockchain game Pixels is drawing near, following last week’s conclusion of the latest play-to-airdrop campaign—and the makers of the Ronin-based game are filling the intervening time by giving away even more assets. On Wednesday, Pixels began a giveaway initiative that will ultimately span free in-game NFTs and Ronin (RON) tokens and coupons for a…
The United Kingdom isn’t releasing a digital pound—not yet, anyway. In a report that examines the responses from a consultation paper from the Bank of England and His Majesty’s Treasury, the government department and central bank said that another study would be necessary before a central bank digital currency (CBDC) drops in the UK. A CBDC is a digital currency…
It’s a common refrain in the crypto world: “Wen token?” There’s rarely a satisfying answer, but if you’re asking when the WEN token will launch—well, we now have an answer. Solana decentralized finance (DeFi) aggregator Jupiter will launch a meme coin called WEN on Friday via its launchpad, and finally provided details for a token launch that’s been teased in…
Airdrop season continues on, and the latest sizable token distribution comes from the Ethereum ecosystem, thanks to AltLayer. The scaling protocol launched its ALT airdrop on Thursday, and the number of tokens offered up to eligible community members tops $100 million worth. ALT is available now to claim for early AltLayer users and select ecosystem participants, and the token has…
Bitcoin held steady on Thursday morning as the U.S. reported 3.3% growth in its gross domestic product during the fourth quarter, beating economists’ estimates of 2% growth. But the Bureau of Economic Analysis did note that growth had slowed down from the 4.9% rate at which in increased in Q3 of last year. The growth last quarter means the economy…
Gamified Bitcoin accelerator 10n8 Little Dragon has raised $1.5 million in a fundraising round that lasted 72 hours. Among the 50 investors and VC firms contributing to the round were Centauri Digital Asset Group, Mirai DAO, New Tribe Capital, 3M Capital, Ivan on Tech, SeedThrift Ventures, Boxmining, Spicy Capital and Satoshi Stacker. Created with the goal of accelerating APAC projects…
This rise of so-called “thanabots”—chatbots trained on information surrounding a deceased person—is fueling a discussion of whether some uses of generative AI technology are helpful or harmful. For AI developer Jason Rohrer, founder of Project December, the issue is more complex than a provocative soundbite. “I’ve always been an AI skeptic, never thinking that cohesive conversation with a machine would…
We are excited to announce we have further strengthened our leadership team with two key appointments that will help position us for continued growth amid evolving global regulatory environments. With Gilles BianRosa as Chief Operating and Product Officer (COO/CPO) and Marcus Hughes as Global Head of Regulatory Strategy, we are gearing up to double down in our core markets as…
