Crypto gaining trust as investment, but still lagging behind other options: Bitstamp report

Global crypto exchange Bitstamp released its Crypto Pulse survey on Tuesday and concluded that both institutional and retail investors believe that crypto will overtake many traditional investment vehicles within a decade — specifically 8 out of 10, or 80%, of institutional respondents and 54% of retail investors. The survey also polled opinions on whether crypto will […]

Ethereum’s Dark Underbelly Shows That Even in Crypto, Trust Matters

As those projects come and go, reaching or missing their confined, self-interested little metrics, Ethereum is still here. To a degree that’s rarely acknowledged, that’s because Buterin, even in the very early days, insisted on principles of openness, accessibility and fairness. Moreover, it seems clear he understood his power and didn’t hesitate to flex it […]

Someone Is Buying Shares in Grayscale’s Ether Trust for More Than $2,000

Shares in Grayscale Investments’ Ethereum Investment Trust, or ETHE, are trading at a 750% premium over the market rate of their underlying asset on the secondary markets, according to data published by crypto analysis firm Messari. The premium on Grascale’s fund has aggressively widened since the start of the year, with ETHE shares trading at […]

Asset Manager Wilshire Phoenix Files to Launch New Bitcoin Investment Trust

Wilshire Phoenix, an asset manager which tried to launch a bitcoin exchange-traded fund (ETF) last year, has filed to launch a new Bitcoin Commodity Trust. According to a Securities and Exchange Commission (SEC) filing published Friday, the New York-based Wilshire Phoenix intends to offer bitcoin to certain investors through the new trust, with a maximum […]

Investor Claims There’s No Way to Cash Out From Grayscale’s Bitcoin Trust

Qiao Wang — Investor, analyst and head of product at crypto market data firm Messari — raised major criticism about the way in which the Grayscale Bitcoin Trust, or GBTC, is set up. In a June 11 tweet, Wang cites Grayscale’s official website, according to which “Grayscale Bitcoin Trust does not currently operate a redemption […]

Three Arrows Capital Now Holds More Than 6% of Grayscale’s $3.6B Bitcoin Trust

Three Arrows Capital, a crypto fund management firm based in Singapore, has acquired a significant stake in the Grayscale Bitcoin Trust (GBTC), according to a new filing with the U.S. Securities and Exchange Commission (SEC). The firm filed a schedule 13D disclosure to the SEC on Thursday after accumulating 21,057,237 shares, or 6.26%, of the […]

Craig Wright Refutes Tulip Trust Fabrication

Craig Wright maintains that he alone has access to the ‘Satoshi’ Bitcoin addresses filed in court, despite a message apparently signed by 145 of the addresses calling him “a liar and a fraud”. Wright says anyone that thinks his credibility is now in tatters as a result “doesn’t understand digital signatures at all”. He is […]

Kingdom Trust CEO Says Bitcoin Is Digital Manifestation of Austrian Economics

The chief executive of crypto-friendly $13 billion custodian Kingdom Trust, Ryan Radloff, sees Bitcoin (BTC) as a manifestation of Austrian economics. In an interview with Cointelegraph, Radloff said that he first encountered Bitcoin toward the end of 2011, adding that he began “hodling and accumulating shortly after.” Bitcoin as Austrian Economics Unlike many early adopters, […]

Not Your Tulip Trust? Message Calling Craig Wright ‘Fraud’ May Unlock the Case

Infamous cryptocurrency figure Craig Wright faces newfound legal challenges over more than 1 million Bitcoin (BTC) after addresses listed in the Tulip Trust were used to sign a message labeling him a fraud. Wright has long been a divisive figure within the cryptocurrency community, having made unverified claims of being Satoshi Nakamoto, the founder of […]

California Giant Berry Farms Joins IBM Food Trust Blockchain Tracking System

U.S. berry producer California Giant Berry Farms joined the blockchain-based food tracking solution IBM Food Trust. Fruit and vegetable news outlet The Packer reported on May 17 that California Giant will use a blockchain to share data between all the points of its supply chain. The firm employs Glassbit’s Glasschain IBM Food Trust integration compliance […]