Grayscale CEO challenges SEC’s denial of application
Michael Sonnenshein, CEO of Grayscale Investments, stated in a recent interview that he "can't imagine" why the United States Securities and Exchange Commission (SEC) "wouldn't want" to protect Grayscale investors…
Digital Currency Group Sells Shares in Subsidiary’s Crypto Funds
The cryptocurrency conglomerate known as Digital Currency Group (DCG) is apparently getting ready to generate cash and maintain its liquidity by selling its assets in cryptocurrency funds that are managed…
Coindesk May Be Sold as Parent Company DCG Struggles
According to recent reports, the cryptocurrency news website CoinDesk is mulling over the possibility of being sold as its parent company, Digital Currency Group (DCG), wants to improve its financial…
Grayscale withholds on-chain reserve evidence for security reasons
Grayscale Investments, a company that sells cryptocurrency investment products, has declined to provide on-chain proof of reserves or wallet addresses in order to demonstrate the digital currency products' underlying assets,…
Crypto Groups Mobilize Support for Grayscale Spot Bitcoin ETF Lawsuit Fight
Three trade groups representing a broad interest in the crypto industry on Wednesday filed a court brief supporting a Grayscale Investments lawsuit against the Securities and Exchange Commission (SEC) for…
Grayscale Investments Files Claim over Ethereum Proof of Work Token after the Merge
Grayscale Investments, a leading investment partner for digital currencies is set to distribute Ethereum Proof of Work (ETHPoW). The distribution will come following the “Merge’’ as a result of a…
Grayscale Contacts with SEC over the Securities Status of Three Trusts
Grayscale Investments, a subsidiary of the Digital Currency Group (DCG), has been in contact with the United States Securities and Exchange Commission (SEC) over the definition of the status of…
Grayscale Has Strong Case against SEC: Chief Legal Officer
A legal official of Grayscale Investment said the company has confidence in a lawsuit against the U.S. Securities and Exchange Commission (SEC). The company is struggling in a legal battle…
GBTC's Discount to NAV Hits New Record Low after SEC Declining its Bitcoin Spot ETF Application
The shares of the Grayscale Bitcoin Trust (GBTC) saw a new record low of -31% last Thursday, June 30; that is, GBTC's discount hit -31%, its lowest point in history. The…