NFT Prices Are Still Lagging Behind Ether’s Gains
Ether is up 70% year-to-date, but NFT indexes are still down 16% in dollar terms and 50% when denominated in ether.
ARK Invest Sells Another $5M of Coinbase Shares; Buys Robinhood, SoFi
The sale of 38,668 COIN shares from the Ark Fintech Innovation ETF follows a similar offload on Monday.
Digital Asset Investment Platform Fasset Wins Operational License in Dubai
Fasset, a digital asset investment platform, has won the licence to operate in Dubai as a Virtual Asset Service Provider (VASP), allowing it to serve institutional investors, qualified investors and retail investors.
The Algorand Foundation Expands Its Footprint in India
Blockchain protocol Algorand (ALGO) has expanded its footprint in India by securing new partnerships with NASSCOM, India’s trade body and chamber of commerce for the tech industry, T-Hub, a prominent innovation hub, and the Mann Deshi Foundation which supports India’s first rural bank for women.
Celo Developer Proposes Mid-January Timeline for Evaluating Closely Watched Layer-2 Move
With hot competition between layer-2 technology providers like Optimism, Polygon and Matter Labs, Celo’s choice is being closely watched by the blockchain industry.
FTX Gets Court Approval to Sell $873M Worth of Grayscale, Bitwise Trust Assets
FTX held shares of five Grayscale Trusts totaling $691 million and one Bitwise trust, amounting to $53 million as of Oct. 25, according to an earlier court filing.
Grayscale Gears Up for Spot Bitcoin ETF, Updating Trust Agreement for Sake of ‘Operational Efficiencies’
The changes involve the fee structure, and how assets can be custodies for smoother share creation and redemptions
U.S. Treasury Campaigning for Amplified Powers to Chase Crypto Overseas
The U.S. Department of the Treasury is pressing lawmakers for a new set of powers that would give the government unprecedented enforcement and sanctions authority over the crypto sector, including the ability to roam well beyond American borders and get involved with transactions that don’t involve its citizenry.
‘A Politician Masquerading as a Regulator’ – 3 Takeaways From Fortune’s Gary Gensler Profile
An in-depth magazine story about the SEC chair reveals the breadth of the man’s ambition and the limitations of his record.
The Protocol: It’s Crypto Spring, as Smart Contract Platform Index Jumps Most in 10 Months
Digital-asset markets are heating up, especially for blockchain tokens. In this week’s Protocol issue, we highlight November’s 19% jump in the CoinDesk Smart Contract Platforms Index (SMT), the biggest gain in 10 months.