According to a transaction report provided to investors, prominent growth investor Cathie Wood’s Ark Invest purchased more shares of cryptocurrency exchange Coinbase (COIN) on Thursday than it had in all of January. More than 350,000 Coinbase shares were purchased in a single day by the company, making it the largest
March 10, 2023 2 mins read
According to the most current nonfarm payroll statistics from the Bureau of Labor Statistics, the United States gained 311,000 jobs in the month of February. It’s less than the previously reported 517,000 jobs gained in January, but it’s still far more than the 225,000 jobs that experts expected would be
March 10, 2023 1 min read
With the consistent argument of the need for crypto adoption, cryptocurrencies such as Bitcoin, Ethereum, and the rest have a fast-growing community. However, it is vital to note that one may not hold or store cryptocurrencies without wallets coming into the spotlight. Not considering if you are a top crypto
March 10, 2023 7 mins read
Creditors of Mt. Gox will now have an extra month to register. There has been a one-month extension given to creditors to submit claims after the notification that the deadline has been pushed back from March 10 to April 6. It’s been a month since the original distribution deadline was
March 9, 2023 2 mins read
Despite receiving an offer from asset management NovaWulf Digital Management, insolvent crypto lender Celsius Network said on Wednesday that it was in talks with another possible buyer and would continue to seek more offers. During a hearing in Manhattan’s bankruptcy court, attorney Chris Koenig stated that Celsius is open to
March 9, 2023 1 min read
On Wednesday, Coinbase introduced a new service. That it claims would make Web3 technology more accessible for businesses and individuals by streamlining digital wallets. Wallet as a Service is a suite of programming tools. That enables businesses to incorporate their branded digital wallets into their own applications. As stated, Coinbase’s
March 8, 2023 2 mins read
In a very contentious move, the creators of the “Open Exchange” (OPNX) have raised $25 million without publicly disclosing their contributors. In the meanwhile, defunct cryptocurrency exchange CoinFLEX has announced that a Seychelles court has authorized its reorganization arrangement. Thus, momentarily increasing the value of its token. Kyle Davies contacted
March 8, 2023 2 mins read
Several altcoins were offered as souvenirs to the co-founder of the world’s second-largest blockchain, Ethereum, but he has swapped them recently. The on-chain data portal Lookonchain reports that Vitalik Buterin has converted over $700,000 worth of various altcoins into ETH. He has already made a profit of 1.25 ETH from
March 7, 2023 1 min read
The most recent verdict in the US SEC vs. Ripple litigation may cause XRP prices to surge. On Monday, U.S. District Judge Anastasia Torres released her ruling on the parties’ petition to exclude expert evidence. The ruling from the court indicated that the parties’ application was granted in part and
March 7, 2023 1 min read
On Monday, authorities in Singapore announced that they had opened an investigation into Terraform Labs Pte, the firm co-founded by South Korean national Do Kwon. Terraform Labs is now operational in Singapore, with the number of active projects rising steadily. On March 6, Bloomberg reported that the Singapore Police had
March 6, 2023 2 mins read
