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Grayscale Investments had its best fundraising week in history following an ad blitz on a number of major television networks. According to the company’s CEO Barry Silbert, Grayscale netted $217 million in investments in the days following the campaign.
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Every Friday, Law Decoded delivers analysis on the week’s critical stories in the realms of policy, regulation and law.
Editor’s note
DeFi has stolen the show lately.
It’s never been more expensive to get in on the Ethereum action.
That’s according to new analysis from blockchain intelligence firm Glassnode, who explored the source of skyrocketing fees that have resulted in nearly $7 million being paid in gas in a single day on Thursday.
Wyre creates the payment APIs that make many a crypto app tick, with partners such as MetaMask, MakerDAO, Compound, Coinlist, and OpenSea on its extensive list of allies. And soon, you may see those apps offer savings sub-accounts to earn you interest on your cryptocurrency holdings.
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What do you do when two identical men standing 6 ft 5 in tall pull up to your house in the Hamptons during a pandemic? If you’re Dave Portnoy, the founder of Barstool Sports, you open the door and welcome them in.
On Aug.
ETC is facing delisting from OKEx in the wake of a 51% attack that cost the exchange $5.6 million.
According to a report recently released by OKEx, the perpetrators registered five accounts between June 26 and July 9, 2020, subsequently depositing 68,230.
Data from Grayscale Investments shows that the firm’s assets under management soared from about $1.9 billion at the end of 2019 to over $3.5 billion by the end of June 30, 2020.
The correction in the U.S. dollar (DXY) and the possibility of further weakness due to continued money printing by the U.
A new patent has been filed by the U.S. Postal Service, or USPS, following recent comments from President Donald Trump concerning the mail service’s funding in light of his fight against mail-in voting.
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All eyes are on Bitcoin (BTC), crypto’s largest coin by market cap, and Tesla, a future-centric car company run by eccentric billionaire Elon Musk, thanks to a standout year for both assets.
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The U.S. Securities and Exchange Commission (SEC) has charged Boon.Tech and its founder CEO Rajesh Pavithran with fraud. The charges were announced via the SEC’s website and Twitter feed.
Boon.
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