Web3 Diaries-ProShares, Bitwise Enter the Bitcoin, Ether ETFs Race
The U.S. based exchange-traded fund (ETF) issue ProShares and Bitwise – a technology solutions provider – have filed an application with the U.S. Securities and Exchange Commission (SEC) for an ETF focused on bitcoin (BTC) and ether (ETH).
According to ProShares’ filing, the Bitcoin and Ether Equal Weight ETF will measure “the performance of holding long positions in the nearest maturing monthly bitcoin and ether futures contracts.”
If approved, the fund will measure “the performance of holding long positions in the nearest maturing monthly bitcoin and ether futures contracts.”
FTX Founder SBF Faces Jail as DOJ Pushes for Incarceration
Sam Bankman-Fried’s (SBF) is like to land in jail soon as the U.S. Department of Justice (DoJ) has picked some holes in FTX founders defence statement. The agency claimed that he is trying to corruptly influence witnesses.
Bankman-Fried’s defence isn’t denying that he shared former Alameda Research CEO Caroline Ellison’s diary with the New York Times, and so he should be “detained pending trial,” the U.S. Department of Justice said again in a filing late Thursday.
The filing, the second from the DOJ and the third in the ongoing back-and-forth between the ex-FTX CEO’s attorneys and the prosecutors accusing him of massive financial fraud, presents the DOJ’s view that Bankman-Fried went far beyond making a “fair comment” in sharing the diary, which his team conceded he did both during a court hearing last Wednesday and in a filing earlier this week.
Online Community LinksDAO Accepting New Members for Golf Course
If you enjoy walking the green and ready to tee-off, setting your sight on the 18th hole under par, then there’s an offer coming your way. You can become a member of LinksDAO, a decentralized autonomous organization for golf enthusiasts, which has released new membership options to expand access to its global network of golf courses and retail partners.
The organization launched its non-fungible token (NFT) membership collection in January 2022, selling out and raising $10.5 million to fund its goal of buying a Top 100 golf course.
The original tokens provide holders with a number of perks, including access to its digital community, governance voting rights and access to LinksDAO’s future crowdfunded golf club.
According to the site, the group has cultivated a community of “thousands of golf lovers across 40 countries.”
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