Sun, March 15

ARK Fintech Innovation ETF Expanding Its Holdings on Coinbase

10,880 Coinbase shares have been added to ARKF’s holdings. ARK owns 7.7M COIN shares & added about 2M shares to its holdings in the last year. ARK Fintech Innovation, a leading exchange-traded fund (ETF) is increasing its holdings on the Coinbase trading platform. According to recent reports, ARK Invest’s Fintech

October 25, 2022 1 min read

SEC Chair Gary Gensler: Crypto Is Centralized Unlike Decentralized

The SEC chair stated that new technologies can help to create new types of economic contests. Gensler’s remarks on the rise of centralization in the crypto ecosystem. Gary Gensler, the chairman of the Securities and Exchange Commission (SEC), criticized what he believed to be the excessive control held in the

October 25, 2022 1 min read

New Apple Regulations Strengthen on 30% NFT Tax and Geo-Limits Exchange

Apps will be prohibited from including buttons, external links, or other calls to action. The company has come under fire for applying its 30% commission on NFT sales made through NFT marketplace. Apple has established explicit regulations for nonfungible tokens (NFTs) in its App Store policies regarding NFTs and cryptocurrency

October 25, 2022 2 mins read

Court Rejects Former OpenSea Employee’s Plea To Dismiss Allegations

The government claims Chastain unlawfully benefited from the sale of NFTs. OpenSea decided to end its partnership with Chastain after learning about the probe. A former employee of NFT marketplace OpenSea was unable to persuade the court. To dismiss the allegations against him, allowing his trial to go forward. Wire

October 24, 2022 2 mins read

Crypto Staking Platform Freeway Ceases Withdrawal Services

Freeway’s native token, FWT, plummeted by more than 77%. German crypto bank Nuri informed its 500,000 customers to withdraw their assets. The crypto sector has been shaken to its foundation by the present bear market. Freeway, a lesser-known crypto-staking platform, is the latest to cease withdrawal services due to recent

October 24, 2022 2 mins read

Fidelity Investments Plans Hiring 100 Personnel For Crypto Division

Fidelity’s job board presently has 74 active results for digital asset-related opportunities. Massive layoffs seem to have freed up a pool of qualified crypto experts. In sharp contrast to the recent exodus of crypto-talent, the $4.5 trillion asset management business Fidelity Investments is allegedly planning to add another 100 individuals

October 24, 2022 1 min read

Argentina Officials Crackdown on Illegal Crypto Mining Firms

Officials confiscated substantial quantities of cash and crypto-mining equipment as well. Tierra del Fuego’s wholesale power cost was raised by 170% in January. Argentina’s tax collecting agency (AFIP) and the Buenos Aires provincial government said on Thursday that they had detained 40 persons after 70 raids that had shut down

October 23, 2022 1 min read

Musk Desires a Year Without Global Pandemics

Elon responded the recession may last up to 2024 spring.  Musk states “Still very unlikely, but this is the closest we’ve been since Cuba in ‘62”. Every first-world country and top business firm is still recovering from the coronavirus pandemic, to worsen their situation the global recession is also joining

October 22, 2022 2 mins read

Interpol Enters the Metaverse for Worldwide Law Enforcement

The first ever Metaverse specifically designed for law enforcement worldwide. Interpol metaverse will allow users to visit a virtual replica of the Interpol headquarters. The first-ever Metaverse specifically intended for “law enforcement worldwide” was introduced by International Criminal Police Organization (Interpol) at the 90th Interpol General Assembly in New Delhi. 

October 21, 2022 2 mins read

Ripple Nears Victory as SEC Forced to Turn Over Hinman Documents

The Ripple team views this action as a victory for their side. Alderoty pointed out that the records remain hidden from the general public. Stuart Alderoty, general counsel at Ripple, just disclosed that the U.S. In response to a court order, the Securities and Exchange Commission (SEC)  has at last

October 21, 2022 2 mins read
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