The SEC was instructed last week to revisit its earlier denial of the Grayscale Bitcoin Trust (GBTC) conversion, with no automatic implication of approval.
A crypto custodian, which was placed under receivership in July, incurred a loss of $76 million due to a separate wallet mishap in 2021, as stated in a court submission.
The salary increases arrive just shy of two months following BitGo's decision to abandon its intention of acquiring struggling competitor, Prime Trust.
Argus V2 is a versatile platform that seamlessly integrates with a wide range of open-source DeFi protocols. It empowers traders to maximize their earnings by harnessing the capabilities of DeFi bots, enabling automatic monetization of farming rewards, compounding, and token swapping.
In addition, the MAS has imposed limitations on cryptocurrency service providers, preventing them from enabling retail customers to engage in token lending and staking activities.
A recent allegation from the Nevada regulator suggests that Prime Trust was still incapable of fulfilling customer withdrawals as of yesterday.
Although both are categorized as trusts, Blackrock's proposed investment vehicle stands out as an exchange traded fund (ETF) due to one crucial differentiation.
The source did not disclose the financial terms of the deal.
To facilitate the scaling of Bitcoin through layer 2 solutions, it is imperative to have a wider range of options and greater transparency regarding the various trade-offs involved in utilizing the cryptocurrency.
The company has stated that the ultimate payout of the product will be determined by the combined performance of both BTC and its gold-backed token XAUT.