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Investment manager Marlton sends letter to Grayscale pushing for a solution to the GBTC discount

Investment manager Marlton sends letter to Grayscale pushing for a solution to the GBTC discount

Marlton sent a letter to Grayscale calling for a modified Dutch auction tender offering to help GBTC once again trade at a premium.

The post Investment manager Marlton sends letter to Grayscale pushing for a solution to the GBTC discount appeared first on The Block.

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Bitcoin ATM operator Coinme enters Florida via Coinstar partnership after obtaining regulatory approval

Coinme’s entrance into Florida suggests that, while Bitcoin ATM operators are federally regulated through the Financial Crimes Enforcement Network, state guidelines limit where they can actually set up shop.

The post Bitcoin ATM operator Coinme enters Florida via Coinstar partnership after obtaining regulatory approval appeared first on The Block.

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Crypto market maker Jump Trading details launch of DeFi data project built on Solana

The crypto market-making firm Jump Trading is working on a new initiative that aims to decentralize real-time trading data.

The post Crypto market maker Jump Trading details launch of DeFi data project built on Solana appeared first on The Block.

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Bitcoin mining firm Hut 8 files to raise nearly $400 million in Canada

Bitcoin mining firm Hut 8 is seeking to raise $500 million CAD — an amount worth roughly $ 395.8 million — in Canada, according to public documents. A short-form prospectus dated April 7 indicates that the offering will take place on the Toronto Stock Exchange, where the firm’s shares already trade. A decision document penned […]

The post Bitcoin mining firm Hut 8 files to raise nearly $400 million in Canada appeared first on The Block.

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Coinbase CEO Brian Armstrong is releasing a collection of music NFTs

Armstrong produced the three tracks with DJ DAVI after taking up electronic music composition during the pandemic.

The post Coinbase CEO Brian Armstrong is releasing a collection of music NFTs appeared first on The Block.

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Bitcoin’s ‘Kimchi premium’ slips as South Korean officials pledge action on illegal crypto market activities

After returning earlier this month, the kimchi premium has slipped following news of renewed enforcement in South Korea.

The post Bitcoin’s ‘Kimchi premium’ slips as South Korean officials pledge action on illegal crypto market activities appeared first on The Block.

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Bitmain is suing MicroBT over a bitcoin mining hardware IP dispute – again

The world’s two largest bitcoin mining hardware manufacturers are once again embroiled in an intellectual property dispute.

The post Bitmain is suing MicroBT over a bitcoin mining hardware IP dispute – again appeared first on The Block.

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When mortgage? Big UK banks split on giving home loans to the crypto-rich

Quick Take

  • Some of the United Kingdom’s biggest mortgage lenders do not allow proceeds from crypto investments to be used for deposits
  • NatWest, Nationwide and Barclays are among those that will approve mortgages for crypto holders

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Riot Blockchain to spend $138.5 million on bitcoin mining hardware, with shipments scheduled through October 2022

Nasdaq-listed bitcoin mining firm Riot Blockchain is buying bitcoin miners worth $138.5 million that will ship through October 2022.

The post Riot Blockchain to spend $138.5 million on bitcoin mining hardware, with shipments scheduled through October 2022 appeared first on The Block.

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Crypto exchange FTX inks exclusive partnership with the Miami Heat

The planned partnership between crypto exchange FTX and the Miami Heat basketball team is official. Announced Wednesday, the deal will see FTX.US become “The Official and Exclusive Cryptocurrency Exchange Partner of the Miami HEAT”, per a press statement, beginning with the 2021-22 NBA season. As part of the team, the Heat’s home stadium will now […]

The post Crypto exchange FTX inks exclusive partnership with the Miami Heat appeared first on The Block.

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