Day: December 27, 2023

Hashdex Awaits SEC Nod for Bitcoin ETF, Taps BitGo as Custodian

The race for the U.S.’s first spot bitcoin exchange-traded fund (ETF) continues, with Hashdex emerging as a key player. The company recently amended its S-1 filing, making a strategic move by naming BitGo as its bitcoin custodian. This decision marks a departure from the norm, as most applicants have preferred partnerships with prominent crypto exchanges […]

Barry Silbert Departs from Grayscale Amid ETF Anticipation

As the crypto industry eagerly anticipates the U.S. Securities and Exchange Commission’s (SEC) decision on spot Bitcoin ETFs, Grayscale Investments navigates a significant transition. Barry Silbert, founder of Digital Currency Group (DCG), has stepped down from his role as chairman of Grayscale’s board, heralding a new era for the digital asset management firm. The recent […]

Binance Launches Sleepless AI – Interactive Gaming

Binance has introduced Sleepless AI as the 42nd project on its Launchpool. Sleepless AI is not just another addition to the gaming world; it’s a revolutionary web3 and AI-integrated platform that is reshaping the way we experience interactive gaming. The heart of Sleepless AI lies in its unique blend of Artificial Intelligence with gaming mechanics. […]

Kyber Network Faces Drastic Downsizing Post-Exploit

In a dramatic turn of events, Kyber Network has made the tough decision to slash its workforce by 50%. This drastic move comes just a month after the network suffered a severe $48.8 million exploit, sending shockwaves through the DeFi community. A Tough Decision Amidst Crisis Victor Tran, the CEO of Kyber Network, expressed deep […]