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ARK Invest Sold $5M Worth of Grayscale Bitcoin Trust Shares Last Week

ARK Invest Sold $5M Worth of Grayscale Bitcoin Trust Shares Last Week

The sales took place as the discount for Grayscale’s bitcoin investment vehicle narrowed to its lowest in over two years, a sign of escalating optimism that a spot bitcoin ETF will finally be approved in the U.S.

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Ripple Excites XRP Army as Metaco Acquisition Brings Banks Closer

Earlier this month, Ripple-owned infrastructure provider Metaco said it was working with banking powerhouse HSBC.

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Cosmos Founder Calls For Chain Split, ATOM Down 3%

Cosmos’ founder Jae Kwon urged his followers to split the chain into two following a decision by the community to approve a reduction in ATOM’s inflation to 10% from 14%.

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Circle seeks to expand USDC presence in Japan with SBI Holdings

SBI is seeking to register in Japan to help circulate USDC stablecoins with SBI Shinsei Bank set to offer banking services for Circle.

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Binance’s Changpeng ‘CZ’ Zhao is a Manageable Flight Risk: U.S. DOJ

U.S. argues that Binance’s former CEO should remain free until sentencing – but only in the U.S.

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The SEC is having trouble serving Hex founder Richard Heart with its lawsuit

A teleconference initially scheduled for this week has been pushed to January 30 in the government’s case against Richard Heart.

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DYdX to unlock $500 million of tokens, 30% of supply

Plus, a breakdown of every other token unlock and airdrop you need to know about for the month of December.

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Blast launch ‘crossed lines’ in messaging and execution, says Paradigm

The VC which helped lead the seed round for controversial new Ethereum Layer 2 Blast has criticized the network’s messaging and execution.

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Cosmos community approves capping Atom inflation rate at 10%

Following the Cosmos community’s highest-turnout vote in history, Atom’s inflation rate has been slashed from about 14% to a maximum of 10%.

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Indexed DAO to distribute remaining treasury after defeating hijack attempts

Indexed Finance, which was hacked in 2021, was able to safeguard its remaining assets from a pair of attackers this week.

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