Statistics indicate that after a prolonged period of 78 days, Grayscale’s Bitcoin Trust has ceased experiencing outflows, observing an infusion of $63 million on Friday, equating to around 1,030 bitcoins. GBTC Sees First Inflows After 78 Days For the time being, Grayscale’s Bitcoin Trust (GBTC) appears to have halted the depletion of bitcoin following its […] Source: https://news.bitcoin.com/grayscales-bitcoin-trust-halts-78-day-outflow-streak-with-63m-inflow/
It’s not much of a secret: When NFTs broke out as a coherent asset class in 2021, their value proposition was, chiefly, rampant speculation. Since then, NFT projects have spent untold millions attempting to pivot their brands towards more serious-sounding, sustainable futures; most opted to go all-in on the ephemeral, provocative concept of intellectual property, or IP. It has never…
U.S. authorities have charged a man they accuse of operating a Ponzi scheme, which purported to invest in a cryptocurrency trading enterprise. The operator of the scheme is accused of defrauding investors of at least $43 million. FBI Assistant Director James Smith said the actions of Idin Dalpour not only “sever the trust of clients,” […] Source: https://news.bitcoin.com/us-authorities-charge-man-in-connection-with-43-million-classic-ponzi-scheme/
We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha ReportsIllustration by Mitchell Preffer for Decrypt. It was a rough week for Bitcoin—and the wider crypto market—but as of yesterday, things were looking brighter. The price of…
A federal district court judge will determine his sentence in accordance with the U.S. Sentencing Guidelines and other statutory factors. Source: https://cointelegraph.com/news/btc-e-founder-pleads-guilty-in-9-billion-laundering-conspiracy
In the traditional financial landscape, investment opportunities in real-world assets (RWAs) have traditionally been reserved for the affluent and well-connected, with significant barriers preventing the average person from accessing lucrative investment markets. For instance, opportunities to invest in real estate have been primarily available to institutional investors or high-net-worth individuals as these investments often require […] Source: https://news.bitcoin.com/democratizing-investment-the-power-of-asset-tokenization-in-real-world-assets/
LayerZero Labs will enforce consequences for those who don’t self-report by May 17, 2024. Source: https://cointelegraph.com/news/layerzero-tackles-sybil-activity-with-self-reporting-mechanism
The digital asset trading platform, Moonpay, announced on May 2 that it had formed a partnership with Paypal. This partnership will allow U.S. users to purchase cryptocurrency using their Paypal accounts. Users of Moonpay can benefit from the security offered by Paypal, a payment provider known for sharing comprehensive financial information about transactions. Moonpay Users […] Source: https://news.bitcoin.com/paypal-partnership-allows-us-based-moonpay-users-to-buy-crypto-with-their-paypal-accounts/
Grayscale Investments’ GBTC has seen its first day of inflows, following over $17.5 billion in outflows since the launch of Bitcoin ETFs in January. Source: https://cointelegraph.com/news/grayscale-gbtc-inflows-record-bitcoin-exchange-traded-fund-etf
A bill that seeks to regulate the activities of companies that scan the eyes of their users, like Worldcoin, has been recently introduced in Buenos Aires. The law aims to protect the app users’ rights and help them to secure and determine the destination of the biometric data collected by these entities. Eye Scanning Bill […] Source: https://news.bitcoin.com/buenos-aires-targets-worldcoin-with-eye-scanning-biometric-bill/
