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“# CoinShares to acquire ETF index business from Alan Howard’s crypto firm ” European digital asset manager CoinShares announced it is acquiring the exchange-traded fund (ETF) index business from crypto firm Elwood Technologies for $17 million. The transaction is expected to be completed in the second week of July, according to the announcement. Elwood —…
“# Brazil’s ‘Bitcoin King’ arrested over 7,000 missing BTC ” Self-described “Bitcoin King,” Claudio Oliveira, has been arrested and charged by Brazilian federal police for allegedly masterminding a 1.5 billion reais (roughly $300 million) fraud scheme involving crypto. Oliveria served as the president of Bitcoin Banco Group, a Brazilian crypto brokerage firm that has been…
“# YouTuber accused of engineering multi-million pump n dump via Uniswap ” An ex-Google tech lead and YouTuber with more than 1.1 million subscribers has been accused of engineering a multi-million dollar “pump and dump” scheme. Patrick Shyu, known pseudonymously as TechLead on YouTube, launched the Million token (MM) via Initial Dex Offering (IDO) on…
“# New York locals accuse gas-fired mining operation of heating Seneca Lake ” New York locals are accusing Greenidge Generation’s gas-fired Bitcoin mining plant of heating Seneca Lake in upstate New York. On a daily basis, the Greenidge plant is permitted to withdraw 139 million gallons of water from the lake and discharge 134 million…
“# Bitcoin.org owner reports site hit with ‘absolutely massive’ DDoS attack ” A website aiming to support the development of Bitcoin has reportedly been hit with a DDoS attack. Cøbra, the pseudonymous owner of Bitcoin.org, reported on Twitter today that the website had been hit with an “absolutely massive” distributed denial of service, or DDoS,…
“# Binance disappointed by Barclays’ ‘unilateral action’ to block customer payments ” Barclays’ decision to stop facilitating British customers’ payments to Binance has been met with criticism by the cryptocurrency exchange after a spokesperson told Cointelegraph that the bank acted with “an inaccurate understanding of events.” “We are disappointed that Barclays appears to have taken…
“# HK production company plans to launch crypto-themed drama series on NFTs ” A production and investment firm is launching a drama series on nonfungible tokens featuring a competition between Hong Kongers and Americans to create a digital currency. In a Sunday report from entertainment publication Variety, the AMM Global production company will be creating…
“# Barclays tells cardholders it’s stopping payments to Binance ” Customers have been reporting that Barclays, a British multinational universal bank, has been blocking payments to Binance cryptocurrency exchange over the last week. The financial services giant has confirmed to cardholders that Barclays debit/credit card payments to the cryptocurrency exchange will not be allowed until…
“# Your keys, his coins — Cryptopia employee admits to stealing $172K in crypto ” A former employee of the now-defunct cryptocurrency exchange Cryptopia has pleaded guilty to the theft of roughly $172,000 in cryptocurrency he obtained by making a copy of users’ private keys. According to a Monday report from New Zealand news outlet…
“# Grayscale adds Cardano to Digital Large Cap Fund after rebalancing ” In a recent development, Grayscale Investments announced an adjustment to its Grayscale Digital Large Cap Fund (OTCQX: GDLC) to include Cardano (ADA) as the third-largest holding. Reflecting the growing demand for crypto investments, the fund’s portfolio was adjusted by selling existing components for…