Michael Sonnhenshein, the CEO of Grayscale, has announced his departure from the company. Peter Mintzberg from Goldman Sachs will be taking over the role of CEO on August 15, 2024. Sonnhenshein has been with Grayscale since 2014 and became CEO in 2021. Barry Silbert, the founder and CEO of Digital Currency Group, expressed his gratitude
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Bitcoin’s price has been fluctuating in the past 24 hours, dropping below $67,000 multiple times but managing to react positively to each correction. Despite some temporary setbacks, the cryptocurrency now hovers around the $67,000 mark once again. Last week, Bitcoin experienced a brief drop to just over $61,000 due to some issues with Coinbase, but
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The upcoming week is poised to be an eventful one in the economic realm, with key highlights being the release of the Federal Reserve meeting minutes and a much-anticipated earnings report from semiconductor giant Nvidia. These two events have the potential to significantly impact market sentiment and direction in the coming days. In addition to
The highly anticipated American football-inspired web3 game, Draftables, made waves recently by selling out of its Founder Pass NFTs on Avalanche’s Hyperspace in less than 10 minutes. The fast-paced sellout of the freebie Founder Pass NFT series is a clear indication of the excitement and anticipation surrounding the game. Those lucky enough to hold these
The cryptocurrency market is currently undergoing a significant transformation in terms of mainstream adoption and user engagement. As the Bitcoin halving approaches and the hype around BTC ETF grows, more investors are flocking to the space. Notably, crypto whales, investors with the power to influence market trends due to their substantial funds, are also becoming
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A recent confidential report from the United Nations obtained by Reuters has shed light on the nefarious activities of North Korea’s notorious cybercriminal group, the Lazarus Group. According to the report, the hackers managed to transfer millions of dollars worth of stolen cryptocurrency back to North Korea last year. The cybercriminals targeted HTX, a crypto
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