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Grayscale Declares Distribution of Rights to Ethereum Proof-of-Work Tokens With SEC

Grayscale Declares Distribution of Rights to Ethereum Proof-of-Work Tokens With SECA Securities and Exchange Commission filing filed on September 16 shows that the company Grayscale Investments has declared “distribution of rights to Ethereum Proof of Work Tokens.” The newly launched ETHW blockchain went live on September 15 and roughly 50-60 terahash per second (TH/s) of hashrate is dedicated to the new network. Grayscale notes that […]

Wyoming Senator Demands Answers on US Marshals’ Bitcoin Sale Plans

Fintech Firm Galoy Raises $4 Million, Startup Introduces Bitcoin-Backed Synthetic Dollar Product

Fintech Firm Galoy Raises  Million, Startup Introduces Bitcoin-Backed Synthetic Dollar ProductOn Wednesday, Galoy, the firm behind El Salvador’s Bitcoin Beach Wallet, announced that the company raised $4 million in funding in an investment round led by Hivemind Ventures. On the same day, the startup launched a new product called Stablesats, a stablecoin concept that leverages derivatives contracts to create a bitcoin-backed synthetic dollar pegged to […]

Wyoming Senator Demands Answers on US Marshals’ Bitcoin Sale Plans