Asset manager Grayscale Investments, known for its bitcoin and ether exchange-traded funds (ETFs), said on Tuesday it has launched the Grayscale Pyth Trust, giving investors exposure to PYTH, the governance token of the Pyth network. Pyth provides price feeds that help decentralized
At least two unnamed companies have been taken in by an alleged shapeshifting fraudster selling millions of dollars in fake FTX liquidation claims by apparently using artificial intelligence to help mask his appearance in video calls with buyers, according to an investigation
Tether, the crypto firm behind the $140 billion dollar USDT stablecoin, made an “unsolicited” proposal to acquire a majority stake in Latin American agricultural commodities producer firm Agrodeco (AGRO). Submitted on Feb. 14, the $12.41 per share offer was to bring to
Following a rocketing higher in its stock price since beginning to add bitcoin to its balance sheet less than a year ago. Metaplanet has announced a 10-to-1 stock split set to take effect on April 1. The Tokyo-based firm first started buying
The total hashrate of the U.S.-listed bitcoin (BTC) miners tracked by JPMorgan (JPM) has almost doubled from a year ago and now accounts for about 29% of the global network, the bank said in a report on Tuesday. The combined hashrate of
Trading platform Robinhood (HOOD) plans to introduce crypto products in Singapore this year pending the completion of its purchase of crypto exchange Bitstamp, Bloomberg reported on Tuesday. Robinhood agreed to buy Bitstamp in June and the $200 million acquisition is expected to
By Francisco Rodrigues (All times ET unless indicated otherwise) While bitcoin (BTC) is little changed over the past 24 hours, down just 0.7%, the broader market is in a bearish mood following the Libra token debacle, which has led to accusations of
The apparent LIBRA token rug pull is the the latest incident to negatively affect the Solana memecoin ecosystem, Galaxy Research said in a report on Monday. The narrative had already began to sour following the TRUMP token’s introduction in January and the
U.S.-based art collective Kanbas made the largest non-fungible token (NFT) purchase in three years last week, scooping up a 1-of-1 artwork by Sam Spratt for $3 million. The artwork is called “X.Masquerade” and is the sixth chapter in the “Story of Luci.”
Kelsier CEO Hayden Davis, the brains behind the controversial LIBRA memecoin, said he also launched the MELANIA memecoin and that his team sniped both tokens as soon as the contract addresses went live. LIBRA was released on Friday, sparking a now-deleted tweet