BlackRock’s spot BTC ETF is still a long shot
The digital asset market has its optimism renewed following BlackRock's application to start a spot BTC ETF, but with ETFs' grim history with the SEC, this could prove to be a long shot for the firm.
Latest Grayscale News
SEC tells Grayscale that Filecoin is a security
Filecoin Trust is an investment vehicle owned by Grayscale which solely invests in the Filecoin digital asset, offering investors exposure to the underlying coin without owning it directly.
Celsius tosses scraps to victims, Alex Mashinsky thought himself infallible
Jenner & Block attorney Shoba Pillay, the bankruptcy court-appointed examiner of the collapsed Celsius crypto lending platform, released a 689-page report into the history of the Celsius fraud.
SEC shoots down Ark Investment’s BTC spot ETF for second time
The SEC first shot down the ETF application by Ark and 21Shares in March 2022, and though they refiled in May, the regulator still shot it down.
Digital Currency Group-owned exchange Luno axes 35% of staff
It's estimated that the firm will cut 330 jobs, mostly in its marketing department, giving some insight into how industry insiders view the growth prospects of exchanges in the near-term future.
Digital Currency Group’s Luno exchange cuts staff, Grayscale won’t cut fees
In a 'town hall' meeting on January 25, U.K.-based digital assets exchange Luno revealed that around 35% of them were out of a job.
Grayscale files latest arguments for court to overturn SEC’s ETP rejection
In its fight to secure a formal ETP status, Grayscale argues that the U.S. securities regulator’s treatment of its proposed product is inconsistent and borders on discrimination.
Gemini seeks ‘unfit’ Barry Silbert’s ouster as Digital Currency Group CEO
Cameron Winklevoss says some 340,000 Gemini Earn users have been “defrauded” by DCG subsidiary Genesis Global Capital and, by extension, by Silbert “and other key personnel.”
DCG involvement in 3AC, FTX collapses raise prospect of billion dollar clawbacks
3AC founders came out swinging against SBF's FTX and DCG's Barry Silbert, accusing the two of colluding to attack Terra and, by extension, 3AC, as well as engaging in a Ponzi scheme.
Struggling Digital Currency Group closing out 2022 with a whimper
Recently, users saw a precipitous drop in the value of multiple alt-coins, including many associated with companies in which DCG had invested.
Digital Currency group under strain as Genesis teeters on edge of bankruptcy
Digital Currency Group boss Barry Silbert has issued a note to shareholders, noting the “difficult industry conditions” plaguing the digital asset sector.
What’s up with Genesis, Grayscale, DCG and Coinbase? Joshua Henslee weighs in
There’s trouble brewing with the big players in the digital currency industry in the wake of the FTX implosion, with Genesis, Gemini, and DCG allegedly struggling financially.