The market’s leading meme coins, Dogecoin and Shiba Inu, have had a brutal week, with both cryptocurrencies deep in the red.
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More Woes for Grayscale Investors as Largest Bitcoin Fund Hits New All-Time Low
There seems to be no bottom for the Grayscale Bitcoin Trust (GBTC), as shares of the industry’s largest Bitcoin fund hit a record discount of 35.18% last Friday. GBTC shares allow investors to trade shares […]
YouTube Is Eyeing the 'Incredible Potential' of NFTs and Web3 for Future Products
YouTube’s Chief Product Officer Neal Mohan published a blog post today about the company’s upcoming plans for new products and features in 2022, citing an interest in Web3, blockchain, and NFTs. NFTs are digital tokens […]
BitGo ‘Held Up’ Alameda’s $50M Wrapped Bitcoin Withdrawal Requests
BitGo, the custodian behind Wrapped Bitcoin, denied withdrawal attempts made by Alameda Research’s wallet address with a value in excess of $50 million at the time, said its CEO on Wednesday. Wrapped Bitcoin (WBTC) is […]