Copper, a provider of crypto services for institutions, is in talks over a $500 million funding round that would give the firm a $2.5 billion valuation. The round would likely come together before the end of the year, Business Insider reported Thursday citing people familiar with the matter. The news emerges just five months after […]
Crypto Custodian Copper Eyes $2.5B Valuation in $500M Funding Round Talks: Report
Australian Senate Committee Makes 12 Recommendations for Crypto Regulation
An Australian Senate Select Committee has submitted its final report on a year-long review of the country’s approach to crypto and blockchain regulation, seeking to guide, for the first time, a clear framework for the domestic digital assets sector. The committee on “Australia as a Technology and Financial Centre,” which submitted its initial report in […]
Valkyrie Secures Go-Ahead for Bitcoin Futures ETF
Valkyrie Investments’s bitcoin futures exchange-traded fund (ETF) has won the blessing of the U.S. Securities and Exchange Commission. The new ETF is set to start trading on Friday, after the bitcoin-linked fund cleared the final regulatory hurdles, a Valkyrie spokesperson said. It will trade on Nasdaq under the ticker BTF on Nasdaq, despite short-lived plans […]
DCG, Facing Competition From Bitcoin ETFs, Plans to Buy More Grayscale Bitcoin Trust
Digital Currency Group (CoinDesk’s parent company) is planning to hoover up to a billion dollars worth of Grayscale Bitcoin Trust (GBTC). With subsidiary Grayscale’s flagship product facing sudden competition for brokerage accounts’ bitcoin dollars, the crypto conglomerate increased its GBTC buy range by $250 million, DCG announced Wednesday. It said it has bought $388 million […]
Chinese E-commerce Giant JD.com Reveals NFTs
JD.com’s tech arm revealed its non-fungible token technology and plans, following in the heels of its rival Alibaba. JD Technology is offering seven free limited edition NFTs built on its own NFT chain, commemorating its annual conference, JD Discovery, according to a WeChat post on its official account. The NFTs, JD’s first, are minted and […]
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