NFTs are coming under scrutiny as more attention is drawn to the carbon footprint of PoW blockchains.
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Grayscale Reveals Intentions to Convert the Firm’s Bitcoin Trust Into an ETF
On Monday, the digital currency asset manager Grayscale Investments announced intentions to file for a bitcoin exchange-traded fund (ETF) when permissible. The subsidiary of Digital Currency Group (DCG) says in regard to its crypto trust products that it always been the company’s intention “to convert these products into an ETF.” Transforming Grayscale’s $34 Billion Bitcoin […]
Armed Criminals Who Posed as Bitcoin Buyers Stole Over $5K From a 26-Year-Old Man in Argentina
In-person crypto robberies are becoming a global issue lately for the authorities, and this time, Argentina is the place of the latest case reported. In Mendoza, an unnamed man was assaulted by two criminals who posed as bitcoin buyers. Identities of the Robbers Are Still Unknown According to Mendo Voz, the 26-years-old man, identified by […]
British auction house Christie’s Plans to Sell 9 Rare Cryptopunk NFTs Next Month
Next month in New York, the popular auction house Christie’s plans to auction a rare lot of Cryptopunk non-fungible token (NFT) collectibles. The sample of work sold will be approximately nine rare Punks, courtesy of the project’s creators Larva Labs. Nine Rare Cryptopunks Going to Auction On May 13, 2021, the British auction house founded […]
The Wall Street Journal: Facebook drops bid to build underwater fiber-cable link to Hong Kong
A Facebook Inc. consortium withdrew its bid to build a new internet conduit between California and Hong Kong after months of pressure from U.S. national-security officials, the latest sign of a deepening rift between the two governments. The social-media giant told the U.S. Federal Communications Commission in a filing it would withdraw its application to land the Hong […]