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SEC shoots down spot bitcoin ETF proposals from NYDIG, Global X

SEC shoots down spot bitcoin ETF proposals from NYDIG, Global X

The Securities and Exchange Commission has shot down two spot bitcoin exchange-traded fund proposals, continuing a trend of rejections from the US securities market regulator. 

The post SEC shoots down spot bitcoin ETF proposals from NYDIG, Global X appeared first on The Block.

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UK regulator orders crypto ATM operators to shut down

The FCA has warned the eight companies responsible for the 81 crypto ATMs in Britain to shut down their machines.

The post UK regulator orders crypto ATM operators to shut down appeared first on The Block.

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Citi’s co-head of digital assets leaves to launch crypto startup

Alex Kriete, co-head of digital assets at Citi, is leaving the bank after less than a year in the role.

The post Citi’s co-head of digital assets leaves to launch crypto startup appeared first on The Block.

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Roofstock valued at $1.9 billion with new funding round led by SoftBank Vision Fund

Digital real estate platform Roofstock closed a $240 million Series E equity financing round, achieving a valuation of $1.94 billion.

The post Roofstock valued at $1.9 billion with new funding round led by SoftBank Vision Fund appeared first on The Block.

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Credit Suisse vet launching $200 million crypto options trading fund

Count this as the latest crypto fund to launch as capital continues to pour into the space by the billions.

The post Credit Suisse vet launching $200 million crypto options trading fund appeared first on The Block.

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$1.5 trillion omnibus bill leaves the House with provisions targeting ransomware and China’s digital yuan

The 2022 appropriations bill features some national security provisions related to crypto.

The post $1.5 trillion omnibus bill leaves the House with provisions targeting ransomware and China’s digital yuan appeared first on The Block.

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Department of Labor cautions against crypto in 401k plans

The agency advocated retirement managers exercise “extreme care” when considering cryptocurrency as a retirement investment option. 

The post Department of Labor cautions against crypto in 401k plans appeared first on The Block.

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VC firm Bessemer announces $250 million fund for decentralized tech, launches DAO

The fund has a specific focus for individuals working in consumer crypto, web3 infrastructure and decentralized finance.

The post VC firm Bessemer announces $250 million fund for decentralized tech, launches DAO appeared first on The Block.

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Alleged ransomware attacker extradited to the US, $28.2 million in bitcoin seized

A Canadian man was extradited to the US on Wednesday after being accused of conducting ransomware attacks in 2020. 

The post Alleged ransomware attacker extradited to the US, $28.2 million in bitcoin seized appeared first on The Block.

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Why is MoonPay overpaying so much for Bored Apes?

Quick Take

  • MoonPay’s concierge service has paid some head-turning premiums for Bored Ape NFTs over the past six months for its celebrity clients.
  • The Block tried to figure out why.

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