Crypto
Investments
Ark, 21Shares apply for spot Ethereum ETF
The filing follows a wave of Bitcoin and Ethereum ETF filings in this summer, many from major institutions.
Crime
Tornado Cash developer pleads not guilty to charges of conspiracy, money laundering
Prosecutors said they will soon produce discovery material against Storm.
Investments
Grayscale legal team seeks SEC meeting over proposed Bitcoin ETF conversion
The company's legal team sent a letter to the regulator on Sept. 5 requesting to discuss next steps in the wake of recent court decisions.
Lending
Coinbase launches institutional lending service
The company confirmed the news after an SEC filing revealed new details.
Wallets
MetaMask rolls out ‘Sell’ feature, allowing users to cash out crypto to fiat in-app
The feature is part of Metamask Portfolio and provides a crypto-to-fiat off-ramp via PayPal or bank transfer.
Legal
Gala Games co-founders clash in opposing lawsuits seeking $130M, $600M in damages
Co-founders Eric Schiermeyer and Wright Thurston have filed suit against one another, each alleging malfeasance against the other.
AI
UK Government publishes objectives for upcoming AI Safety Summit
The event is set to tackle international issues arising from advancements in AI technology at one of the nation's most notable scientific landmarks.
Regulation
Ex-SEC chair Jay Clayton says approval for a spot Bitcoin ETF is ‘inevitable’
Clayton is nevertheless unsurprised by the delay in the SEC's decisions.
Hacks
New Russian malware, dubbed ‘Infamous Chisel,’ identified targeting Binance, Coinbase, and Trust wallets
The U.K.'s National Cyber Security Centre (NCSC) announced the thread on September 1st, linking the threat to the Russian state-sanctioned hacker group, 'Sandworm,'
Investments
Arkham identifies Grayscale’s Ethereum Trust as second-largest ETH holder
Grayscale reportedly has $5 billion in ETH, in line with official statements, as institutional players take center stage in crypto markets.
Exchanges
Grayscale’s AUM soars after court win, but it faces stiff competition in ETF markets
Grayscale's recent legal victory over the U.S. Securities and Exchange Commission (SEC) offers both an opportunity and a challenge for the digital asset management firm.
Adoption
SEC delays decision on seven spot Bitcoin ETFs, including Blackrock’s
The regulator will not reach a decision on various proposed rule changes until October.