Share this article Grayscale Investments’ Michael Sonnenshein is stepping down as CEO after over a decade of working with the crypto asset management firm. Grayscale has appointed Peter Mintzberg, currently the global head of strategy for asset and wealth management at Goldman Sachs Asset Management. Prior to his role at Goldman Sachs, Mintzberg held global […]
Prometheum, a New York-based digital asset firm, has launched the first SEC-compliant Ethereum (ETH) custody service, marking a new milestone for regulatory compliance in the industry. This service treats ETH as a security in line with U.S. Securities and Exchange Commission (SEC) regulations. Prometheum Pioneers Regulated Ethereum Custody Service Prometheum, known for its controversial stance […]
Share this article The crypto market has recently witnessed a trend of tokens launching with high fully diluted valuations (FDVs) but low initial circulating supplies. This structure, often driven by venture capital (VC) funding and upbeat market sentiment, can lead to unsustainable price appreciation post-token generation event (TGE) and significant selling pressure once tokens unlock. […]
CAGA Crypto, a DeFi platform, recently launches its testnet featuring two key innovations: gas fee integration and NFT minting. The testnet enables users to utilize $CAGA tokens as gas fees for transactions across multiple networks, and aims to streamline transaction processes and reduce costs for users engaging in decentralized finance activities. Additionally, CAGA Crypto also […]
First, let’s pour one out for the GME faithful. After a wild two-day short squeeze that saw the stock soar over 180% amid more halts than a senior citizen’s bathroom break, reality finally caught up with the meme dreamers. Other heavily-shorted names like AMC, SunPower (SPWR), and Beyond Meat (BYND) also took a beating, proving […]
TLDR Brad Garlinghouse says the SEC’s scrutiny on Tether might adversely impact the crypto market. Rebel Satoshi’s $RBLZ token attracts more investors after launching on four exchanges. As the U.S. SEC continues its attack on the crypto market, Brad Garlinghouse, Ripple Labs’ CEO, believes Tether might be next in line. Per Garlinghouse, the SEC’s scrutiny […]
76% of consumers in EMEA think AI will significantly impact the next five years, yet 47% question the value that AI will bring and 41% are worried about its applications. This is according to research from enterprise analytics AI firm Alteryx. Since the release of ChatGPT by OpenAI in November 2022, there has been significant buzz about the […]
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