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SEC rejects WisdomTree’s latest spot bitcoin ETF proposal

SEC rejects WisdomTree’s latest spot bitcoin ETF proposal

The SEC rejected WisdomTree’s most recent attempt to list a spot bitcoin ETF, citing insufficient protection from fraud and manipulation.

The post SEC rejects WisdomTree’s latest spot bitcoin ETF proposal appeared first on The Block.

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Bitcoin mining facility ordered to shut down as new ordinance goes into effect

A facility hosting Bit Digital mining machines in Niagara Falls has been ordered to shut down due to a zoning ordinance.

The post Bitcoin mining facility ordered to shut down as new ordinance goes into effect appeared first on The Block.

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FTX’s dollar spot index perpetual future hasn’t quite taken off

Volumes initially came in over $1 million but fell as low as $52,600 on Saturday, recovering to around $368,000 on Monday. 

The post FTX’s dollar spot index perpetual future hasn’t quite taken off appeared first on The Block.

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Sky Mavis to stake over 11 million AXS tokens

Sky Mavis will stake over 11 million AXS in an effort to “reinforce our long-term commitment to the Axie Infinity ecosystem.” 

The post Sky Mavis to stake over 11 million AXS tokens appeared first on The Block.

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U.S. Treasury fines crypto exchange Bittrex $29 million over years-long sanctions violations

The Treasury has been increasingly vocal about crypto exchanges’ need to comply with sanctions since the summer of ransomware attacks last year.

The post U.S. Treasury fines crypto exchange Bittrex $29 million over years-long sanctions violations appeared first on The Block.

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HUSD loses dollar peg after Huobi’s delisting of 21 trading pairs

HUSD, a centralized stablecoin issued by Hong Kong-based Stable Universal, has fallen below its intended dollar peg.

The post HUSD loses dollar peg after Huobi’s delisting of 21 trading pairs appeared first on The Block.

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Senior U.S. banking regulator sounds stablecoin concerns

A senior U.S. banking regulator raised concerns that stablecoins could be seen as a term of “disguise” and that the technology looks much like banking, but without the same rules as the traditional banking sector. “They want to borrow ideas out of bank deposits and this idea that you’ve got something that functions just like […]

The post Senior U.S. banking regulator sounds stablecoin concerns appeared first on The Block.

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Coinbase shares fluctuate at the open before trading down following Google partnership

Shares in the crypto exchange see-sawed during early morning trading on Tuesday, following a partnership announcement with Google.

The post Coinbase shares fluctuate at the open before trading down following Google partnership appeared first on The Block.

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Google now showing Ethereum wallet balances

Google is now providing data on Ethereum addresses when searched for. The data is being collected from block explorer Etherscan.

The post Google now showing Ethereum wallet balances appeared first on The Block.

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Analyzing Shareholders of Public Crypto Firms

Quick Take

  • Following the broader route across technology and digital asset public equity performance, institutional asset managers have pulled back from the digital assets sector
  • This piece looks at the largest holders of digital asset public equities across the ecosystem and their respective fund strategies
  • This report is part of The Block’s ongoing market commentary series
  • Disclaimer: This is a market commentary research piece and includes opinionated views from our research team. Nothing contained in this piece constitutes a solicitation, recommendation, endorsement, or offer by The Block Research

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