Barry Silbert

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Grayscale Adds $300 Million in Cryptocurrency Assets Under Management in Just 24 Hours

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Grayscale Investments said Thursday that it added $300 million in net assets under management (AUM) in just the last 24 hours. • The firm now has a record $7.3 billion in total AUM, according to a tweet by Barry Silbert, chief executive officer of the Digital Currency Group, Grayscale’s parent company. • The biggest daily … Read more

Digital Currency Group Pledges $100 Million to Bolster Bitcoin Mining Industry

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The firm Digital Currency Group (DCG) is entering the mining industry, as the firm has pledged $100 million into a cryptocurrency mining firm called Foundry. The mining company Foundry was noiselessly founded in 2019 and it aims to offer capital, consulting, and intelligence to digital assets miners. Bitcoin mining is becoming a massive industry and … Read more

Grayscale Investments’ Ethereum Trust Filed With the SEC to Obtain Reporting Status

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The digital currency asset manager Grayscale told investors on Thursday that the firm has publicly filed a Registration Statement on Form 10 with the Securities and Exchange Commission (SEC) for the company’s Ethereum Trust. The recent filing is voluntary and if the SEC approves the registration, the Ethereum Trust will be the second crypto asset … Read more

Edward Snowden ‘Felt Like Buying Bitcoin’ While Traders Hunt for the Market Bottom

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Following three consecutive days of losses shedding $50 billion off the cryptoconomy, digital currency markets lost another $44 billion in a matter of hours on March 12. Not only did ‘Black Thursday’ wreck traditional markets, but gold and bitcoin felt the brunt as well. Amidst the sell-off, the whistleblower Edward Snowden said that he “felt … Read more

Crypto Luminary Impersonation Scammers on Social Media Raked in Millions in 2018

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Over the last two years, as cryptocurrencies gained mainstream attention, scammers have become far more prevalent. One particular social media scam that can be found on prominent websites like Twitter, Facebook and Instagram is the impersonation of well-known crypto industry executives and blockchain luminaries. Unfortunately even a verified account means nothing these days and these … Read more

Is This the End of Crypto?

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Bitcoin’s tumbled to a 15-month low. Ethereum is circling the drain. Despite announcements of a Swiss ETP, more regulated bitcoin futures in Q1, a German stock exchange launching a crypto platform, and institutional investors getting in, the market keeps on hemorrhaging. Is it time to jump ship? Cut your losses and get out while there’s … Read more