Grayscale Bitcoin Trust Shares Rally to a One-Year High, Discount Dips to 30%

Grayscale Bitcoin Trust’s (GBTC) share price surged to a one-year high on Tuesday as a report about investment asset manager Fidelity Investments preparing to follow BlackRock’s application for a spot bitcoin (BTC) exchange-traded fund (ETF) with its own, renewed optimism about converting the trust into an ETF. GBTC closed at $19.47 Tuesday afternoon, gaining 7.1% […]

$10.5 million cryptocurrency case: Woman charged over platform’s mistaken transfer to her account

A Melbourne woman is facing criminal charges after more than $10 million was mistakenly transferred into her bank account by a cryptocurrency trading platform. In May 2021, Crypto.com intended to refund Thevamaogari Manivel $100, but the 37-year-old was instead erroneously transferred $10,474,143. The company did not notice its mistake for seven months, until December 2021. […]