Search Results for "grayscale"
Ethereum Layer 2s Surpass Prominent Layer 1s in Total Value Locked
The surge of Layer 2 solutions like Arbitrum, Optimism, and BASE, overtaking Layer 1 blockchains Solana and Avalanche in terms of Total Value Locked (TVL) as of September 25, 2023, highlights the pivotal role of Layer 2s in augmenting the scalability and transactional efficiency of the Ethereum network. The data underscores a growing preference for Layer 2 solutions, demonstrating their potential in enhancing the blockchain technology landscape.
Grayscale Floats New Smart Contract Fund for 6 Ethereum Competitors
The acclaimed largest digital assets management company, Grayscale Investments has launched a new investment product tagged the Grayscale® Smart Contract Platform Ex-Ethereum Fund (GSCPxE).
Barry Silbert Resigns from Grayscale Investments Board Amidst Industry Challenges
Grayscale Investments has announced the resignation of Barry Silbert from its board of directors, following a challenging period in the crypto industry. The company has been advocating for the conversion of the world's largest Bitcoin trust into an ETF. The departures come amid legal battles involving Digital Currency Group.
Tyler Winklevoss Continues to Tout Bitcoin as Break past $40,000 Price Level Anticipated
Whether Bitcoin is experiencing a rainy day or not, Gemini co-founder Tyler Winklevoss will always be backing the mainstream cryptocurrency.
Alameda Research Withdraws Grayscale Lawsuit Amid GBTC Shift
Alameda Research has withdrawn its lawsuit against Grayscale Investments following the latter's Bitcoin Trust conversion to an ETF, leading to significant GBTC outflows and reshaping the cryptocurrency investment landscape.
Grayscale Offshoot GDLC Becomes an SEC Reporting Outfit
An offshoot of Grayscale, the Grayscale Digital Large Cap Fund is now an SEC reporting outfit, per the firm's latest announcement.
Grayscale Pairs with Coindesk Index to Launch DeFi Fund and Index
Grayscale Investments has made a move to launch a new DeFi fund and index with Coindesk Index. Grayscale said that the new DeFi fund would give investors the ability to invest in the DeFi protocol.
Metaverse will be a Trillion-dollar Market in Future: Grayscale
Cryptocurrency investment giant Grayscale released a report on Thursday stating that by 2025, the revenue of the virtual gaming world may grow to $400 billion.
SEC Chair Gensler Open to Lawful Revival of FTX
SEC Chair Gary Gensler emphasizes regulatory standards as FTX considers legal and compliant return, following founder Sam Bankman-Fried's conviction, marking a pivotal moment in crypto regulation.
Crypto Market Cap Soars Above $2 Trillion
Bitcoin's dominance in the crypto market is reducing, giving room for altcoins to chart their own growth path.
Grayscale CEO Calls on SEC to Protect Investors
Grayscale Investments’ CEO Michael Sonnenshein has called on the United States Securities and Exchange Commission (SEC) to protect Grayscale investors by returning the true asset value to them. Sonnenshein stated in a recent interview that the SEC acted arbitrarily by denying approval for the Grayscale Bitcoin Trust (GBTC) to be a spot Bitcoin exchange-traded fund (ETF) in June 2022, while approving Bitcoin Futures ETFs. He explained that the SEC violated the administrative procedures act, and that Grayscale is suing the SEC over the denial of its initial application. Grayscale has over a million investor accounts, and Sonnenshein called on the SEC to protect investors and return the value to them.
GBTC Litigation: Fir Tree and Grayscale Reach Agreement
Fir Tree Partners, a significant shareholder of the Grayscale Bitcoin Trust (GBTC), and Grayscale Investments have reached an agreement resolving a lawsuit filed by Fir Tree in December 2022. The litigation sought documents and information from Grayscale about potential mismanagement and conflicts of interest at GBTC.