Wednesday, April 24, 2024
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Bitwave Acquires Gilded for Undisclosed Amount to Solidify Its Dominance in Web3 Payment Industry

Following the successful acquisition, Gilded CTO Ken Gaulter will be joining the engineering team at Bitwave to ensure a smooth transition. Bitwave, a San Francisco-based tech company that focuses on enterprise accounting for the crypto industry, announced a strategic acquisition of Gilded Finance, a leading provider of Web3-focused accounting and financial

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Undisclosed SEC memo muddies waters in Ripple’s legal battle

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied An undisclosed SEC memo, spotlighted in a recent Twitter discussion, questions the agency’s initial stance on XRP’s classification, complicating Ripple’s ongoing legal battle. Bill Morgan highlighted a memo discussing the SEC’s internal views on XRP’s security status. John

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GMO Financial Holdings Buy 10% of Crypto Hedge Fund AWR Capital for Undisclosed Amount

AWR, which is based in London, will become a market maker at one of Japan's largest FX and digital assets exchanges, GMO Coin, a subsidiary of GMO Financial Holdings, AWR said. Market makers are entities tasked with providing liquidity on an exchange by creating buy and sell orders. Source

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Coinbase Custody confirmed Grayscale product breakdown, wallet addresses remain undisclosed as GBTC discount reached 50%

Summary: Grayscale’s digital asset product attention was backed up by Coinbase’s custodial division.However, the crypto exchange did not release the associated wallet addresses for each product.The crypto community wallet addresses of the Bitcoin trust and other products after Genesis disclosed FTX exposure.  Coinbase Custody backed up a product breakdown published by Grayscale

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Rep. Cawthorn’s Crypto Wallet Reveals Undisclosed Trades Amid House Ethics Investigation

Regardless, Cawthorn, who sold LGB for ETH (which itself was crashing through January) likely lost money on his $150,000 initial investment; he almost certainly ran up a hefty short-term capital gains tax bill for the 2021 trades. Based on his congressional salary for last year ($174,000), his married status and

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Gemini Acquires Crypto Asset Management Platform Bitria; Terms Undisclosed

"The Bitria acquisition positions Gemini as the first end-to-end technology platform empowering wealth and asset managers to meet rising demand among their clients for accessing and managing a full range of crypto investments," Dave Abner, Gemini’s global head of business development, said in the statement. Source

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