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Grayscale Investments Resumes Private Placement of Bitcoin Trust Shares

Grayscale Investments has resumed private placement of Grayscale Bitcoin Trust (GBTC) shares, according to a press release on July 8.According to the announcement, the private placement of GBTC shares is offered periodically to accredited investors — as defined in Rule 501(a) of Regulation D under the Securities Act —

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Big Four Auditing Firm EY Open Sources its Ethereum Private Transaction Solution

Big four auditing firm Ernst & Young (EY) open sourced the code of its Nightfall Ethereum (ETH) private transactions solution and released it on GitHub on May 31.The readme information file featured on the GitHub repository explains the function of the software in question:“Nightfall integrates a set of smart

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UK Gov’t-Led Jurisdiction Team to Define Status of Crypto Under English Private Law

A British government-led jurisdiction team has launched a public consultation to determine the status of crypto assets under English private law, according to an official statement on May 9.In the document, the United Kingdom Jurisdiction Taskforce (UKJT) stated that the existing legal uncertainty around the crypto industry is a

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Bitfinex Shareholder Says $1 Billion in Private Purchases Already Sealed for Upcoming IEO

Crypto exchange Bitfinex shareholder Zhao Dong has reportedly revealed that the exchange has sealed $1 billion in both hard and soft commitments for its initial native exchange token offering. The news was reported by crypto news outlet Coindesk on May 9.As previously reported, plans to issue a native Bitfinex

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How a Hacker Has Been Stealing Millions Worth of ETH by Guessing Weak Private Keys

Earlier this week, United States-based security consulting firm Independent Security Evaluators (ISE) published a report on private keys for the Ethereum blockchain.Despite establishing around 700 weak private keys that are being regularly used by multiple people, the researchers found a “blockchain bandit” who has managed to collect almost 45,000

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