Grayscale did not explain its reasons in the takedown notice. On May 7, Grayscale withdrew its application for an Ethereum futures ETF before the US SEC. The main crypto asset manager did not explain the reasons for its decision in the takedown notice. Since November 2023, the application had faced several delays from the federal […]
Continue Reading
Nigerian authorities respond to a post by Binance CEO Richard Teng, who stated on his blog that Coinbase had been required to pay $150 million to resolve an ongoing criminal investigation. Bloomberg reports that the spokesperson for the Nigerian Ministry of Information, Rabiu Ibrahim, denied the bribery accusations made by Teng, considering them unfounded. Ibrahim […]
Continue Reading
Previously on April 15, ARK also sold a small number of COIN shares of its ARKW ETF, worth $824,000. The American company ARK Investment Management, led by Cathie Wood, sold 70,616 Coinbase shares this Tuesday, for an amount of $15.1 million, in three of its EFTs. The firm had also sold 45,915 shares of its […]
Continue Reading
Last week, US BTC ETFs had outflows of $156 million, amid the market decline. Meanwhile, GBTC saw inflows for two days in a row as markets improved. Bitcoin ETFs saw outflows of $156 million last week, although this has apparently been changing as Grayscale’s GBTC decline comes to an end. According to a report presented […]
Continue Reading
Richard Teng, CEO of Binance, condemns the Nigerian government’s actions by inviting company executives to meetings as a strategy and then detaining them. Richard Teng, CEO of Binance, asked Nigerian authorities to immediately release his executive, Tigran Gambaryan, who is the head of compliance with respect to financial crimes at Binance, the most prominent company […]
Continue Reading