A bug on the non-fungible tokens (NFT) marketplace OpenSea has allowed an attacker to get away with massive discounts on several NFTs and make huge profit.The bug, which was discovered as early as Dec. 31, 2021, allowed the attacker to buy NFTs at older, lower prices, and sell them for a hefty profit. The attacker's wallet holds 347 ether ($770,000) at the time of writing. An … [Read more...] about OpenSea Bug Allows Attacker to Get Massive Discount on Popular NFTs
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Crypto Trader Tantra to Liquidate After ‘GBTC Discount’ Widens to Record
"Ultimately, after significant discussion and consideration in consultation with outside counsel and other professional advisors, the executive board determined that, in view of all the circumstances, it is in the best interest of the company to wind up operations, liquidate our balance sheet and effectuate an orderly and fair and equitable distribution of our … [Read more...] about Crypto Trader Tantra to Liquidate After ‘GBTC Discount’ Widens to Record
Rio De Janeiro Is Giving People a 10% Discount to Pay Taxes in Bitcoin
This episode is sponsored by Nexo, Abra and FTX US.Download this episodeThis was, NLW argues, a very good week for crypto. He covers:The mayor of Rio announcing big bitcoin/crypto support this weekStrike launching in ArgentinaNorthwest Arkansas offering tech workers $10,000 in BTC and a bike to move to the regionA congressman introducing legislation to ban … [Read more...] about Rio De Janeiro Is Giving People a 10% Discount to Pay Taxes in Bitcoin
GBTC discount presents a unique challenge for Grayscale and investors
Since 2013 the Grayscale Bitcoin Trust Fund (GBTC) has offered its investors exposure to Bitcoin (BTC) through a publicly quoted private instrument. However, the trust's convertibility and liquidity vastly differ from an Exchange Traded Fund (ETF).Trusts are structured as companies, at least in regulatory form, and are 'closed-end funds' which can initially only be sold to … [Read more...] about GBTC discount presents a unique challenge for Grayscale and investors
Grayscale Bitcoin Trust (GBTC) Is Trading at a 3.77% Discount
In brief:Grayscale Bitcoin Trust (GBTC) closed yesterday at a 3.77% discountA discounted GBTC could point towards bearish Bitcoin sentiment amongst institutional investorsBitcoin dipped to the $44k support zone and could be headed lower with the weekly/monthly closeThe Grayscale Bitcoin Trust (GBTC) closed trading yesterday, February 25th, at a 3.77% discount. The team at … [Read more...] about Grayscale Bitcoin Trust (GBTC) Is Trading at a 3.77% Discount