Tag: Trust
FTX seeks sale of Grayscale and Bitwise trust assets worth $744 million
Bankrupt crypto exchange FTX has requested the bankruptcy court in Delaware to allow it to sell certain key trust funds, including assets from crypto [...]
FTX Plans to Sell $744M Worth of Grayscale, Bitwise Assets Through Investment Adviser
The “trust assets” are held in five Grayscale Trusts, totaling an estimated $691 million, and one trust managed by Bitwise, amounting to $53 million, [...]
Grayscale Bitcoin Trust Outshines Nividia With 220% Gain This Year
"GBTC is the gift that keeps giving," one observer said.
www.coindesk.com [...]
Cathie Wood’s ARK Sells Grayscale Bitcoin Trust Holdings, Coinbase for Second Day
Cathie Wood’s fund is continuing to sell crypto-related stocks as the market hits a high not seen since early 2022.
www.coindesk.com [...]
Cathie Wood’s ARK Invest Sells 2% of Grayscale Bitcoin Trust Holdings as BTC Tops $34K
The fund sold 100,739 shares, equivalent to around 2% of ARK's Next Generation ETF (ARKW) holdings. The sale coincided with bitcoin (BTC) enjoying a b [...]
Cathie Wood’s ARK sells Grayscale Bitcoin Trust shares as BTC hits $34K
Investment firm ARK is selling Grayscale Bitcoin Trust (GBTC) shares amid a market surge fueled by anticipation of a spot BTC exchange-traded fund (ET [...]
Partygate revelations destroyed trust in government, inquiry told
Ex-cabinet secretary says 'under no circumstances' should lockdown parties have taken place.
www.bbc.co.uk [...]
Grayscale submits SEC filing to convert Ethereum Trust to spot ETF
Following the approval of the first Ether (ETH) futures exchange-traded fund (ETF), Grayscale Investments is looking to convert its Grayscale Ethereum [...]
Fortress Trust Sale to Ripple is Canceled
"The Fortress team is incredibly talented, and has built products solving real customer problems. While this outcome is different from what was origin [...]
The Importance of Authenticity for Trust in an AI-Driven World
As AI systems become more advanced at emulating human behaviors and media, they erode authenticity, a key pillar of trust and the bedrock of all succe [...]
Can one resignation tip the crypto trust scales?
On Sept. 13, news broke of yet another high-level executive parting ways with Binance.US. This time, it was none other than Brian Shroder, the CEO and [...]
Crypto Custodian Prime Trust Warns It May Lay Off 62 Employees, Nevada Records Show
Prime Trust filed for bankruptcy in August, roughly two months after Nevada regulators alleged the company was unable to meet its customers' withdrawa [...]
BitGo, Swan unveil plans for Bitcoin-only trust company
The United States may soon have a Bitcoin-only trust company, according to plans disclosed by BitGo and Swan Bitcoin on Sep. 15. The joint venture is [...]
Swan and BitGo to Form Bitcoin (BTC) Only Trust Company
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Phishing Attack on Cloud Provider With Fortune 500 Clients Led to $15M Crypto Theft From Fortress Trust
A phishing attack on Retool led to the theft, which helped spur Fortress Trust’s agreement to sell itself to Ripple, sources said.
www.coindesk.com [...]