Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
- USD 48bn hedge fund giant Millennium Management invested in Grayscale Bitcoin Trust (GBTC), TheStreet reported, citing two undisclosed sources familiar with the matter. “While the price premium GBTC long traded at against bitcoin collapsed recently, it’s unclear if New York-based Millennium booked any losses on the crowded trade,” the report added, without providing any numbers about the investment.
- Jamie Dimon, the CEO of JPMorgan, placed the legal and regulatory status of cryptocurrencies on a list of “serious emerging issues that need to be dealt with – and rather quickly.” Per a letter to shareholders, others such issues include the growth of shadow banking, the proper and improper use of financial data, the risk that cybersecurity poses to the system, the proper and ethical use of AI, the effective regulation of payment systems, disclosures in private markets, and effective regulations around market structure and transparency.
- A collective of Russian crypto and blockchain players has launched a bid to convince politicians not to pass restrictive a new set of crypto laws, per Izvestia. The new campaign has been masterminded by the pro-business pressure group Investment Russia, the law firm the Digital Rights Center and the public organization RosKomSvoboda, a body that claims to support open self-regulatory networks and protection of digital rights of Internet users. The campaign addresses the country’s finance ministry, Duma financial chiefs, tax bodies and the Central Bank. A manifesto calls for amendments to draft laws that the parties say “will have an extremely negative impact on the Russian crypto industry” if they are adopted.
- Latvian airline airBaltic said that it will become the world’s first airline to issue non-fungible tokens (NFTs). The airline will issue limited collector NFTs showcasing an individual Airbus A220-300 with its registration and a piece of art of the Kuldiga city to promote tourism and Latvia in the world. Starting with Kuldīga, the cities and towns which were voted as the people’s favorites will one by one be represented on the digital art pieces issued by airBaltic. The initial drop of the first airBaltic limited NFT will be announced later in April.
- The seven-time Super Bowl champion Tom Brady is launching an NFT platform called Autograph this spring, CNN reported, citing a representative for Brady. The platform “will bring together some of the biggest names in sports, entertainment, fashion, and pop culture to work with creators to develop unique digital collectibles,” it added.
- Blockchain technology company Ebang International Holdings Inc. announced the official launch of its crypto exchange for qualified investors to…