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Ben ‘BitBoy’ Armstrong Sues Former Colleagues Over Allegedly Stolen Lamborghini

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The suit, filed in the Superior Court of Cobb County on Nov. 1, lists six individuals as defendants: Timothy Shedd Jr., CEO of Hit Network (the company that owned Armstrong’s former channel); Timothy Shedd Sr., CFO of Hit Network; Justin Williams, CEO of Voomio; Allison Fiveash, a frequent contributor on Hit Network; Nickolas Dimondi, Hit Network’s head of content and Carlos Diaz, an associate of the company.

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Crypto Tax Platform Blockpit Buys Rival Accointing From Glassnode

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The “multi-million dollar” acquisition gives Austria-based Blockpit a footprint in the U.K.[/]

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Post-FTX, Bitcoin Is Ready for its Next Chapter

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Post-FTX, Bitcoin Is Ready for its Next Chapter[/]

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Crypto Traders Can Copy-Trade Token Treasuries for Fun and Profit

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Others, like Gnosis, a top-five DAO by assets under management (AUM), pursue growth strategies no matter the market. In bears, this tends to mean weighting their treasuries towards safer tokens like ETH and its liquid derivatives, but in bulls they often branch out to choppier altcoins.

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5 Strategies for Acquiring Users On-Chain

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The challenge of working with crypto native ad networks like Slise, HypeLab, Pr3sence, BlockchainAds and others is that the publishers they work with have limited reach. High quality crypto traffic is very difficult to acquire, and with the exception of media platforms like CoinDesk, CoinMarketCap, CoinGecko, CoinTelegraph and a couple more, there are very few ways of reaching interested audiences of users at scale.

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Coinbase Ending Support for Bitcoin SV

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The crypto exchange de-listed Bitcoin SV (BSV) in 2021. Now, it’s completely removing support for the token.[/]

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FTX Wants to Sell Its GBTC

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Bankrupt crypto exchange FTX and its debtors have asked the U.S. bankruptcy court of Delaware to approve the sale of some trust assets, funds of Grayscale and Bitwise valued at an estimated $744 million, through an investment adviser, according to a Friday court filing. “The Debtors’ proposed sale(s) or transfer(s) of the Trust Assets will help allow the estates to prepare for forthcoming dollarized distributions to creditors and allow the Debtors to act quickly to sell the Trust Assets at the opportune time,” the filing said. “Additionally, because the Debtors may sell the Trust Assets to one or more buyers in one or more sales, sales pursuant to the Sale Procedures will alleviate the cost and delay of filing a separate motion for each proposed sale.” The “trust assets” are held in five Grayscale Trusts, totaling an estimated $691 million, and one trust managed by Bitwise, amounting to $53 million, based on the market value as of Oct. 25. Grayscale and CoinDesk are part of the same parent company, Digital Currency Group (DCG).

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Sizing the Massive Spot Bitcoin ETF Opportunity

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Another reason a U.S. spot bitcoin ETF is such a big deal is because of its advantages over other trading vehicles and the resulting increased likelihood of greater adoption. Relative to spot, futures, proxy stocks, OTC-traded trusts, and private funds, ETFs offer a unique and advantaged combination of fees/transaction costs, liquidity, tracking error, and operational complexity, not to mention alleviating the need to figure out custody.

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Polygon, Matter Labs, Nil Said to Be in Running for Kraken Layer-2 Blockchain

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“We are enthusiastic about open source, layer-2 technologies, zero-knowledge proofs, multi-party computation, and continuously strive to explore the potential of on-chain scaling solutions,” the job description reads. “The team has recently embarked on exploring how more protocols and decentralized applications can be integrated into Kraken.”

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Microsoft Listing Fake Ledger App Leads to $590K of Bitcoin Stolen by Hackers

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Hackers managed to steal 16.8 bitcoin [BTC] over the weekend after a fake Ledger Live app was posted on the Microsoft app store.[/]

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