Grayscale Investments has submitted a new S-1 form to the SEC for its Bitcoin Mini Trust (ARK – Grayscale Bitcoin) registration. This long-awaited filing, however, does not provide details on the trust’s fee structure, leaving potential investors seeking clarification. Revised submission: Grayscale has filed an adjusted registration document for the Grayscale Bitcoin Mini Trust, using … Read more
The co-CEO of FTX, who is also recognized as Yuga Labs, declared that all royalties derived from their new income source would be transferred into a trading pool managed within a larger cryptocurrency fund. The location for this fund can be found at the merchant bank, FTXUS. According to Arkham Intelligence, a blockchain intelligence firm, … Read more
VeChain, a blockchain company, teamed up with the Ultimate Fighting Championship (UFC) to launch a risky venture: creating NFC-chip enabled tokenized gloves for UFC fighters. These gloves will record fight data and guarantee each pair’s authenticity using VeChain’s Near Field Communication technology. The Software aims to detect fraudulent sales of UFC memorabilia from the secondary … Read more
A recent report reveals that some investors from Iran have allegedly employed BingX for questionable transactions, potentially violating international sanctions. On BingX’s Telegram channel for Persian speakers, there’s a Farsi version and a feature that allows users to exchange Iranian Rials for Tether (USDT). However, it’s important to note that such transactions are not permitted … Read more
Investors from Iran are utilizing the cryptocurrency platform, BingX, for potentially sanctioned transactions. The website offers a Farsi language version and the ability to exchange Iranian Rials for Tether (USDT), which is mentioned but restricted under the jurisdiction of the US Treasury Department’s Office of Foreign Assets Control (OFAC). Iran faces sanctions for alleged support … Read more