NFTs
Technology
Coinbase documentary “COIN” to debut Oct. 7
Coinbase CEO Brian Armstrong shared the COIN trailer on Oct. 4, a documentary created to show the good, bad and ugly sides of building a tech startup.
Research
Research: Grayscale’s GBTC drops to all-time low of $12.5K; conversion to spot ETF could trigger rebound
Prior to Feb. 2021, GBTC was trading at a premium of up to 20%. As of Sept. 30, the share price has slipped into the discount area with its current price of $12,508 (priced with a -36.2% discount).
Crypto
CryptoSlate Wrapped Daily: US regulators want more rules for digital assets; Kim Kardashian fined $1.26M by SEC on EMAX promotion
Kim Kardashian agreed to pay SEC $1.26M for promoting EMAX security token, Bitcoin holding stable as rumors of banking collapse circulate, and much more in this edition of CryptoSlate Wrapped Daily.
Partnerships
ARK Invest’s crypto strategies to offer top 20 crypto assets to wealth managers
ARK Invest has partnered with Eaglebrook to provide wealthy investors exposure to top 20 crypto assets through separately managed accounts.
Regulation
Kim Kardashian to pay SEC $1.26M for promoting EMAX security token
Kardashian has agreed to pay up the $1.26 million charge and will refrain from promoting any crypto securities token over the next three years.
Stablecoins
Tether reduces commercial paper exposure to below $50M, Treasury bills rise to 58.1% of reserve
As of Sept. 30, Tether holds 58.1% of its reserve assets in U.S. Treasury bills, while aggressively reducing its commercial paper exposure to below $50 million.
Hacks
Transit Swap hacker returns $16.5M of stolen funds
Joint efforts of top security firms have lead to the hacker returning 70% of the $21 million stolen from Transit Swap's smart contract exploit.
Crypto
CryptoSlate Wrapped Daily: Judge rules in favor of Ripple against SEC; Bitcoin decouples from legacy markets
Bitcoin set to reclaim safe haven narrative as it decouples from S&P 500, Ethereum losing NFT trading volumes to Solana, and much more in this edition of CryptoSlate Wrapped Daily.
People
MicroStrategy seeks to hire Bitcoin Lightning Software Engineer
The software engineer will work with the team to build out its Lightning Network-based Software-as-a-Service (SaaS) platform.
Bankruptcy
Celsius Creditors moves to recoup $439M through EquitiesFirst subpoena
EquitiesFirst has redeemed about $70 million of Celsius Collateral but owes approximately $439 million, consisting of $361 million in USD and 3,765 BTC.
Legal
Judge rules in favor of Ripple against SEC in Hinman document case
XRP soared over 10% as court orders SEC to hand over Hinman document to Ripple Labs.
Crypto
CryptoSlate Wrapped Daily: Warner Music partners with OpenSea, Druckenmiller sees ‘big role’ for cryptocurrency as central bank trust evaporates
Crypto influencer Lark Davis allegedly made over $1M from dumping crypto projects, Ethernity up 174% ahead of Ethernal Labs HQ unveil, and much more in this edition of CryptoSlate Wrapped Daily.