Technology

09

Apr'21

Bitcoin ETF Approval Will Happen: Morgan Creek’s Mark Yusko

NewsBusinessBitcoin ETF Approval Will Happen: Morgan Creek’s Mark YuskoMorgan Creek Capital Management’s CEO Mark Yusko is adamant that a long-awaited Bitcoin ETF will be approved by the U.S. SEC.By Andrew Asmakov3 min readApr 9, 2021Apr 9, 2021BitcoinAmerican investors are still waiting for a Bitcoin ETF. Image: Shutterstock In brief Mark Yusko, CEO and chief investment officer at Morgan Creek Capital Management, expects that a Bitcoin ETF will be approved by the SEC. According to Yusko, Bitcoin can be compared to a late-stage venture investment. Morgan Creek Capital Management CEO Mark Yusko has expressed his confidence that a Bitcoin ETF will finally land on Wall Street. “Our view on the ETF is it is going to happen,” Yusko said in an interview with MarketWatch. Among Morgan Creek's partners is Bitwise Asset Management—the San Francisco-based provider of index crypto funds and an early applicant for a Bitcoin ETF, or exchange-traded fund. Bitwise first filed for a Bitcoin E..

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09

Apr'21

Grayscale Adds Chainlink to Its Digital Large Cap Fund

NewsBusinessGrayscale Adds Chainlink to Its Digital Large Cap FundDigital asset manager Grayscale Investments has adjusted its Digital Large Cap Fund, adding Chainlink to the basket of cryptocurrencies.By Andrew Asmakov3 min readApr 6, 2021Apr 6, 2021Chainlink is a decentralized oracle provider. Image: Shutterstock In brief Grayscale Investments has added LINK to its Digital Large Cap Fund. The news follows the launch of the Grayscale Chainlink Trust last month. Digital asset manager Grayscale Investments has announced the addition of LINK, the native token of decentralized oracle network Chainlink, to its Digital Large Cap Fund. The adjustment in the Digital Large Cap Fund's makeup was made by selling a share of its existing components, and using the proceeds to purchase LINK. As of Friday, April 2, Grayscale’s adjusted Large Cap Fund had a total of $538.2 million in assets under management, with LINK amounting to 0.87% of the basket. The rest of the fund is made up of 80.5% ..

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07

Apr'21

Mark Cuban Backs Nifty’s NFT Hire as CLO

NewsTechnologyMark Cuban-Backed Nifty's Hires NFT Copyright Expert as CLOOlta Andoni will be the first chief legal officer of the upcoming NFT-centric social media platform.By Jeff Benson3 min readApr 6, 2021Apr 6, 2021 NFT RevolutionOlta Andoni. Image: Zlatkin Wong In brief Nifty's is a newly announced social media platform for NFTs. It's hired Olta Andoni, an intellectual property lawyer who focuses on blockchain technology, as CLO. Nifty’s, an upcoming NFT social media platform backed by Mark Cuban, has hired its first chief legal officer. The startup announced today that Olta Andoni, an intellectual property lawyer who focuses on cryptocurrency and blockchain technology, will take the role. Nifty’s, not to be confused with Nifty Gateway, was announced on March 23. Dallas Mavericks owner Mark Cuban and ConsenSys CEO Joseph Lubin were among those to invest in the startup in a pre-seed round. Nifty’s, which is set to debut this spring, is billing itself as a platform..

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