Grayscale Posts Record Quarter Despite Slump in Bitcoin Prices

Grayscale Investments, one of the world’s leading digital asset management companies, has reported a new milestone. According to a quarterly report, the New York–based firm announced inflows of $254.9 million in net investments, a new record for a single quarter that tripled the $85 million it accrued in the preceding quarter.  Michael Sonnenshein, the managing…

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Stone Ridge Wants Bitcoin Futures to Join List of Investment Vehicles

Stone Ridge Asset Management wants to launch a bitcoin futures fund. According to a filing with the U.S. Securities and Exchange Commission (SEC), Stone Ridge is looking to register the NYDIG Bitcoin Strategy Fund, a bitcoin futures contract offering that would be entering into an increasingly crowded space.  If approved, Stone Ridge’s futures product would…

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Sparkswap Desktop Lets Users Deposit Bitcoin Directly Into Their Lightning Wallets

Lightning service provider Sparkswap now features a desktop application with a first-of-its-kind killer feature: USD-to-bitcoin purchases that deposit sats directly into a user’s Lightning wallet. Dubbed “Sparkswap Desktop,” the new product “allows consumers for the first time ever to buy bitcoin directly into their Lightning wallets using USD,” according to a press release shared with…

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Thai Crypto Exchange BX.in.th Shuts Down

Bitcoin Co. Ltd., (BX.in.th) a popular crypto exchange in Thailand, is shuttering its services.  In a company announcement, last updated on September 2, 2019, the exchange claimed that the closure will allow it to focus on other business opportunities. It instructed customers to withdraw their funds, as deposits and trading would be disabled from September…

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