Cathie Wood’s Ark Investment has bought 639,069 shares in Grayscale’s Ethereum Trust (ETHE) in the first quarter of the year. The company’s holdings are now worth over $20 million.
The U.S. Office of the Comptroller of the Currency (OCC) is reportedly asking staff to review its cryptocurrency-related guidance, issued last year under former comptroller Brian Brooks.
Cryptocurrency lender BlockFi has mistakenly deposited excessive amounts of bitcoin to users’ accounts as rewards connected to a March promotional giveaway. BlockFi was supposed to deposit stablecoins to users’ accounts, but seemingly deposited BTC without changing the value. In some shared screenshots, as much as 700 BTC was awarded to users.
Sponsored: Invictus Capital, the alternative investment firm offering a range of dollar-denominated backed blockchain-based investment funds, has so far offered investors unparalleled returns. In the last year the top-performing funds, Crypto20 and Crypto10 Hedged, have achieved an increase of 979% and 441% respectively, and the Invictus Margin Lending (IML) fund boasted an industry-leading performance of 20% APY.
Top stories in the Crypto Roundup today:
- BlockFi Mistakenly Sends Users Outsized BTC Rewards
- Acting OCC Chief Begins Staff Review of Crypto-Related Actions
- Ark Investment Buys $20 Million of Grayscale Ethereum Trust Shares
- Sponsored: Learn More About Invictus Capital's $10,000 Giveaway