The Grayscale Bitcoin Trust, one of ARK’s top three holdings, could lose its third-place ranking as ARK sheds its shares while increasing its holdings of Jack Dorsey’s Block. ARK Invest, one of the applicants for a spot Bitcoin (BTC) exchange-traded fund (ETF) in the United States, has continued to dump its holdings of Grayscale Bitcoin...Continue Reading

The SEC filing for the 7RCC spot Bitcoin ETF highlighted that it will include 80% Bitcoin and 20% Carbon Credits Futures. 7RCC, a company that “specializes in developing solutions for ESG-conscious investors,” has applied for a spot Bitcoin ETF that provides a carbon-neutral investment option in the crypto space.  According to the application filed with...Continue Reading

Franklin Templeton executive Sandy Kaul said in a report that a pathway to reengineering the global financial markets can be seen for the first time. Major financial firms like JPMorgan and the Hong Kong and Shanghai Banking Corporation (HSBC) have ramped up their blockchain-related activities heading into 2024, accelerating the adoption of distributed ledger technology...Continue Reading

BlackRock, Cathie Wood’s ARK and WisdomTree are the latest spot Bitcoin ETF applicants to revise their filings with the U.S. SEC. Major applicants for a spot Bitcoin (BTC) exchange-traded fund (ETF) in the United States are amending their filings to comply with the cash redemption model demanded by securities regulators.  Investment manager BlackRock and Cathie...Continue Reading

OpenAI said its new “Preparedness Framework” aims to help protect against “catastrophic risks” when developing high-level AI systems. The artificial intelligence (AI) developer OpenAI has announced it will implement its “Preparedness Framework,” which includes creating a special team to evaluate and predict risks.  On Dec. 18, the company released a blog post saying that its...Continue Reading

New updates to BlackRock’s spot Bitcoin ETF filing come as BTC price strength narrowly retains $40,000 as support. Bitcoin (BTC) returned above $43,000 on Dec. 19 amid fresh news over the United States’ would-be first spot BTC exchange-traded fund (ETF). Data from Cointelegraph Markets Pro and TradingView showed a BTC price recovery, taking the market...Continue Reading

A decision by bloXroute Labs to start censoring OFAC-sanctioned blocks has been seen as a loss for Ethereum censorship resistance. One of the largest producers of censorship-resistant blocks on Ethereum has made a complete u-turn, announcing it will start censoring OFAC-sanctioned blocks across all of its MEV relays in compliance with local laws. The firm,...Continue Reading

Some suggest EVM inscriptions are the latest way for retail to access low-cap coins, while others argue it’s an over-hyped fad. Whatever it is, it’s clogging up the blockchain. The latest degen “gold rush” to inscribe everything from profile pictures to memecoins has led to at least half a dozen blockchain networks cracking under pressure...Continue Reading

The SEC has pushed back its decision on a roster of Ethereum ETFs, with the final date for a potential approval arriving in late May. The United States Securities and Exchange Commission is pushing back its decision on several Ether (ETH) exchange-traded funds (ETFs) to May 2024. In several Dec. 18 regulatory filings, the agency...Continue Reading

The new CEO, Josh Swihart, has been the vice president at Electric Coin for nearly five years but recently took a four month stint away from the firm. Zooko Wilcox is stepping down as the CEO of Electric Coin Company, the team behind privacy-focused cryptocurrency Zcash (ZEC). ECC announced a change in leadership on Monday,...Continue Reading