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Justin Sun Calls for Reform of Hong Kong’s Trust Laws After TUSD Misappropriation Allegations

Justin Sun Calls for Reform of Hong Kong’s Trust Laws After TUSD Misappropriation Allegations

HONG KONG—It was a battle of stablecoin issuers Thursday afternoon in Hong Kong, with Justin Sun, the founder of the Tron blockchain, and First Digital Trust (FDT), a Hong...
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Tron’s Justin Sun Bailed Out TUSD as Stablecoin’s 6M Reserves Were Stuck in Limbo, Filings Show

Tron’s Justin Sun Bailed Out TUSD as Stablecoin’s $456M Reserves Were Stuck in Limbo, Filings Show

Justin Sun bailed out Techteryx's TrueUSD stablecoin after nearly half a billion dollars of its reserves were rendered illiquid, people close to the matter confirmed, and the stablecoin issuersaid...
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Grayscale Rolls Out Crypto Fund for Pyth, Expanding Investor Access in Solana Ecosystem

Grayscale Rolls Out Crypto Fund for Pyth, Expanding Investor Access in Solana Ecosystem

The Grayscale Pyth Trust offers accredited investors exposure to PYTH, the governance token behind Solana’s leading oracle network.
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Grayscale Rolls Out Aave Fund

Aave has becomes one of the largest crypto lending protocol by total value locked.
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XRP Spikes 8% as Grayscale Launches XRP Trust in the U.S.

The closed-end fund will offer investors exposure to XRP tokens.
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Crypto Asset Manager Grayscale Offers AVAX Token Investment in New Avalanche Trust

The provider of bitcoin and ether ETFs now offers more than 20 crypto investment products.
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BlackRock’s ETHA Becomes First Ethereum ETF to Cross $1B in Net Inflows

ETHA holds over $860 million in net assets. Only Grayscale’s küçük ether trust (ETH) and Ethereum trust (ETHE) have more. Its net inflows are more than the next...
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Grayscale Introduces Crypto Funds for Decentralized AI Project Bittensor’s TAO and Layer-1 Network Sui’s Token

The firm recently launched a decentralized artificial intelligence-focused crypto fund and uplisted its closed-end Ethereum Trust to an ETF last month.
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Crypto Had Reputational Issues This Year. 2024 Will Change That

Possible approval of bitcoin ETFs in 2024 is likely to change perceptions of digital assets following a year when the industry faced a backlash, Beth and Clay Haddock argue.
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FTX Gets Court Approval to Sell $744M Worth of Grayscale, Bitwise Trust Assets

FTX held shares of five Grayscale Trusts totaling $691 million and one Bitwise trust, amounting to $53 million as of Oct. 25, according to an earlier court filing.
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