Grayscale sheds $20B from Bitcoin and Ether ETFs

The United States Internal Revenue Service has been hunting crypto vigorously for more than five years now, and the pace is getting faster. A couple of decades ago, the IRS was after offshore accounts, and that effort was among the most successful in the IRS’ history. Now, it’s crypto the IRS is after, and there’s…

The NFT explosion is one of the most talked about events for crypto in 2021, with sales from several platforms breaking records on a weekly basis. 895 Total views 9 Total shares NFTs had their best month ever in February, according to a report by DApp statistics trackers at DappRadar. Sales volume from the top…

Bitcoin (BTC) appears to lack the strength to retest the $67,000 all-time high that it reached on Oct. 20 and this is causing investors to question whether or not the bullish moment has faded. Even with the price facing these hurdles, it’s still premature to call the $58,000 support level test the beginning of a…

A new partnership between stablecoin TrueUSD (TUSD) and accounting firm Armanino purportedly allows traders to conduct instant audits of the token’s backing. The news was announced by TrueUSD in a blog post on Mar. 5.The dashboard developed by Armanino purportedly enables traders to monitor TrueUSD token balances and collateralized funds. “Armanino connects directly to third-party…

The new USDS stablecoin from Maker, now Sky, has a freeze function which the project's founder claims won't be part of the token at launch.

Rarify’s valuation has shot up to $100 million following the latest funding round, as the firm works to provide scalable NFT APIs for the commercial sector. 113 Total views 2 Total shares NFT infrastructure startup Rarify has raised $10 million in Series A funding from Pantera Capital at a valuation of $100 million. The backing…

The parent company of the New York Stock Exchange (NYSE), Intercontinental Exchange (ICE), has announced the launch date for Bitcoin (BTC) futures on its platform Bakkt, according to a document released Oct. 22.Bakkt is a platform for trading, storing, and spending digital assets that was established earlier this year by global exchange operator ICE.Per the…

Blockchain media startup Civil will launch in February, despite the fact their CVL token sale failed earlier this year, according to the company’s blog post published Dec. 19.Civil is a blockchain-based platform for journalism that focuses on building a new media ecosystem with its native CVL token, which will purportedly help participants attain financial sustainability…

The ADAB Solutions project, based in the United Arab Emirates, is planning to launch FICE — the First Islamic Crypto Exchange which will be operating “according to the principles of Shariah law.” The company is expecting to reach $146 million daily trading and $4.4 billion monthly turnover by 2020.Islamic finance as crypto exchange baseThe new…