“reHash” — Your Weekly Summary of Everything Important in the Crypto World — issue no. 26

This article was first published on Wanchain - Medium
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“reHash” — Your Weekly Summary of Everything Important in the Crypto World — issue no. 26

reHash issued for March 11th to March 17th

Elon Musk would prefer Dogecoin to be listed on Coinbase. Cats find their way back to blockchain with abandoned MoonCats project and NFTs. Binance gets probed by the CFTC, South Korea gets mentioned twice. Some projects get exploited. It would be hard to catch all the important news if reHash was not there. Hope you enjoy!

NOTE:
reHash is not intended to be original journalism. It is intended to be a brief summary of significant articles and events from the past week with links to the original sources. Sources will always be linked and credited. If you know any good newsletters or Twitter accounts which provide news we have been missing, please mention them in the comments!

ADOPTION

  1. Digital Currency Group aims to buy up to $250 million in the Grayscale Bitcoin Trust; Trust is run by Grayscale Investments which is owned by the Digital Currency Group; “The share purchase authorization does not obligate DCG to acquire any specific number of shares in any period, and may be expanded, extended, modified, or discontinued at any time. The actual timing, amount, and value of share purchases will depend entirely upon a number of factors, including the levels of cash available, price, and prevailing market conditions.”
    SOURCE: 1, 2, 3, 45
  2. Valkyrie Digital Assets has filed for a new ETF that would invest in companies that hold Bitcoin in ther portfolio; which companies that would be is not yet known;
    SOURCE: 1, 23
  3. BlockFi, a Bitcoin lending firm, has raised $350 million in a Series D funding round; it is their biggest funding round so far and puts their valuation at $3 billion up from ...

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