Cathie Wood's investment company, ARK Invest, has sold $12 million worth of Coinbase shares from the ARK Innovation ETF, one of the most important exchange-traded funds (ETFs). This is the second time in 2023 that ARK has sold part...
Binance has announced a new token sale project on its Launchpad platform. This token sale will feature Arkham (ARKM), a blockchain analytics platform offering insights into on-chain cryptocurrency market activities. The sale of Arkham tokens will have an overall...
Payment services company Circle is considering launching a stablecoin in Japan following the implementation of new legislation governing stablecoins in the country on June 1, 2023. The co-founder and CEO of Circle, Jeremy Allaire, sees Japan as a potentially...
Binance users will be required to generate new wallet addresses in the coming months as the crypto exchange has announced its plans to implement a comprehensive update to its wallet infrastructure. The new update is aimed at enhancing efficiency...
McDermott Will & Emery, a New York-based law firm, has requested a compensation claim of $5.1 million from the creditors of Voyager Digital for the legal services it provided between March 1 and May 13, 2023, to the bankrupt...
According to data from RootData, a crypto data analytics platform, venture capital investments in cryptocurrency firms have experienced a significant decline of over 70% within the last 365 days. The sharp decline stands in stark contrast to the sector's...
Riot Platforms, one of the world's largest Bitcoin mining businesses, has made a significant investment of $162.9 million to purchase 33,280 "next-generation" miners from MicroBT, a leading supplier of mining equipment. The company announced this development on June 26,...
Jeremy Allaire, the CEO of Circle Internet Financial Ltd, has expressed the company's keen interest in Hong Kong's ambitions to establish itself as a leading hub for stablecoins and digital asset markets. During an interview with Bloomberg Television at...
Bybit FinTech FZE, a subsidiary of Bybit, has achieved another milestone in its quest to establish its operations in the United Arab Emirates. On June 27, 2023, the exchange announced that it had obtained the Minimum Viable Product (MVP)...
Canadian cryptocurrency startup Hut 8 Mining has secured a $50 million credit line from US-based exchange Coinbase. Hut 8 announced this development on June 26, 2023, after it completed the credit agreement with Coinbase Credit, the lending division of...
