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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied In a move that underscores its commitment to expanding global asset management capabilities, Grayscale Investments has announced the formation of Grayscale Funds Trust and filing for three new exchange-traded funds (ETFs). Grayscale Investments, a crypto digital
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Three new crypto-focused exchange-traded funds (ETFs) have been put forward for approval by cryptocurrency asset manager Grayscale Investments, which also announced a new entity to manage its growing funds. On May 9, Grayscale said it launched a new arm of its business — the Grayscale Funds Trust — allowing it
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According to a May 8 post by Miller Thomson, the law firm representing users of the defunct cryptocurrency exchange QuadrigaCX, interim distribution of funds tied to bankruptcy proceedings will be scheduled "in the coming weeks."Bankruptcy trustee Ernest & Young announced the interim distribution in consultation with estate inspectors. In the
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Funds stuck on the platform of bankrupt crypto broker Voyager Digital may begin returning to creditors in "the next few weeks," according to a committee of Voyager creditors.A May 4 tweet from the Voyager Official Committee of Unsecured Creditors (UCC) said the now-defunct crypto firm is in the final stages
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The Fed, however, is fighting a two-front war, with its rate hikes possibly having helped expose balance sheet issues at a number of U.S. banks. This past weekend saw the latest in a series of lender failures, with the nation's 12th-largest bank by assets, First Republic (FRC), requiring a joint
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According to a Guardian report, the defunct exchange FTX has already recovered $7.3bn of customer funds Agents of the FBI have raided former FTX executive Ryan Salame’s house in Maryland as FTX customer funds recovery continues. While it wasn’t clear why, two unnamed sources noted that Salame’s lawyer had volunteered information
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Cybercriminals have reportedly breached AT&T email accounts and are using the access gained to steal crypto assets from their victims. While a spokesperson for AT&T has denied claims that hackers have gained access to the company’s internal systems, a report suggests that as much as $20 million worth of crypto
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Net outflows totaled $30 million. Original Source
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Bed Bath & Beyond has been struggling to maintain its operations since the beginning of 2023 with BBBY stock correcting over 88% year-to-date. One of America’s top home goods retailers Bed Bath & Beyond filed for Chapter 11 bankruptcy protection on Sunday, April 23. The development comes as the company
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Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week.This week in DeFi saw the hacker behind the $8.9 million SafeMoon exploit agree to return the majority of the stolen funds. According
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