Global asset management firm Alliancebernstein’s research arm expects the U.S. Securities and Exchange Commission (SEC) to approve its first spot bitcoin exchange-traded fund (ETF) in early January 2024. Noting that the regulator “has been actively responding with edits/comments on the ETF applications,” the firm’s analysts said: “The probability of an approval by the Jan. 10 […]
A few weeks back, a coalition of creditors from FTX, known as the “FTX 2.0 Coalition,” shed light on how the defunct exchange’s vested interest in Anthropic could significantly enhance their compensation. Now, Anthropic has successfully secured $ 2 billion in funding from Google. Although the exact updated valuation remains undisclosed, preliminary estimates suggest …
According to Peak Mining, a subsidiary of Northern Data Group, the company has signed a contract with bitcoin mining rig manufacturer Microbt worth $ 150 million. This agreement will equip Peak Mining with 7 exahash per second (EH/s) of the latest next-generation BTC mining devices. Microbt and Northern Data’s Peak Mining Strike $ …
A Bloomberg article, citing “people familiar with the case,” reveals that FTX’s co-CEO Ryan Salame is allegedly in talks with prosecutors, and a plea agreement could be forthcoming. Insiders also emphasize that Salame’s privately owned aircraft may be surrendered as part of the suspected plea deal. Private Jet on the Bargaining Table as FTX’s Salame […]
Ilya Lichtenstein and Heather Morgan, the New York-based couple implicated in the alleged laundering of $ 4.5 billion in bitcoin pilfered from the 2016 Bitfinex cyber-attack, have reached a plea bargain, as revealed by recent court records. The pair is scheduled to appear before U.S. judge Colleen Kollar-Kotelly on August 3, 2023, and will …