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Top related persons:
Brendan McDermid - 1 Joshua Chu - 1 CoinDesk - 1 Manya Saini - 1 Niket - 1 Ankur Banerjee - 1 Rae Wee - 1 Devika Syamnath - 1
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New York City U.S BlackRock United States Bengaluru Singapore
Top related orgs:
BlackRock - 1 New York Stock Exchange - 1 REUTERS - 1 U.S . Securities - 1 Exchange Commission - 1 SEC - 1 Fidelity - 1 Cboe - 1

Search resuls for: "Joshua Chu"


3 mentions found


☆ BlackRock files for bitcoin ETF in push into crypto
  + stars: | 2023-06-16 | by ( ) www.reuters.com   time to read: +2 min
BlackRock's iShares Bitcoin Trust will use Coinbase Custody as its custodian, according to a filing with the U.S. Securities and Exchange Commission (SEC). Last year, BlackRock launched a spot bitcoin private trust for institutional clients in the United States. A spot bitcoin ETF would track bitcoin's underlying market price. The SEC rejected Grayscale Investment LLC’s application last year to convert its flagship spot Grayscale Bitcoin Trust (GBTC.PK) into an ETF. The SEC has also rejected proposals for spot bitcoin ETFs from firms including Fidelity, Cboe Global Markets and NYDIG.
Persons: Brendan McDermid, Joshua Chu, CoinDesk, Manya Saini, Niket, Ankur Banerjee, Rae Wee, Devika Syamnath, Pooja Desai Organizations: BlackRock, New York Stock Exchange, REUTERS, U.S . Securities, Exchange Commission, SEC, Fidelity, Cboe, Thomson Locations: New York City, U.S, BlackRock, United States, Bengaluru, Singapore
☆ Binance lifts block on bitcoin withdrawals amid heavy volumes
  + stars: | 2023-05-08 | by ( ) www.cnbc.com   time to read: +1 min
Cryptocurrency exchange Binance halted bitcoin withdrawals for several hours on Monday, citing heavy volumes and a surge in processing fees, before clearing them at a higher cost. "Our set fees did not anticipate the recent surge in (bitcoin) network gas fees," Binance said in a tweet. "We're replacing the pending bictoin withdrawal transactions with a higher fee so that they get picked up by mining pools." "We need more information as to what has led to the large withdrawals." After an hour-long stoppage late on Sunday and several hours on Monday, Binance said withdrawals resumed.
☆ Crypto exchange Huobi to lay off 20% of staff
  + stars: | 2023-01-06 | by ( Xinghui Kok Rae Wee | Xinghui Kok | Rae Wee | ) www.reuters.com   time to read: +2 min
SINGAPORE, Jan 6 (Reuters) - Crypto exchange Huobi plans to lay off about 20% of its staff, the company told Reuters on Friday. With the current state of the bear market, a very lean team will be maintained going forward," Huobi said in a statement, responding to queries from Reuters. Sun, a Chinese cryptocurrency entrepreneur who is also a member of Huobi's global advisory board, said in an internal memo to Huobi staff that the company has been like "a fire in the (crypto) winter" despite the deteriorating macro environment. Huobi was ranked the eighth largest crypto exchange in terms of volume as of last November, according to analytics website CoinGecko. It was not immediately clear how many staff Huobi currently has.
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