Wed, April 8

Ark Invest Yet Again Buys Coinbase Shares Worth $1.45M

An email sent to investors on Tuesday revealed that Cathie Wood’s investment business, Ark Invest, had bought an additional 33,756 shares of Coinbase (COIN) on Tuesday. With a price of $43.23 per share approx, the total value of the acquisition is around $1.45 million. The money was invested in the

January 11, 2023 1 min read

Indian Crypto Exchange WazirX Publishes Proof-of-Reserve

WazirX, India’s biggest cryptocurrency exchange, said on Wednesday that it had disclosed its proof-of-reserves (PoR) and had a reserves-to-liabilities ratio of more than 1:1. Among the $286.10 million in reserves reported by WazirX. The Shiba Inu (SHIB) token is the largest at about $54 million. WazirX, a cryptocurrency exchange, said

January 11, 2023 1 min read

Crypto Exchange App Tap Global Listed in UK Stock Exchange

The UK-based cryptocurrency app Tap Global becomes the first new member of 2023 to be listed on the Aquis Stock Exchange (AQSE), according to a press statement issued by the organization on January 10. The Company, formerly known as Quetzal Capital Plc ‘Quetzal’, has been listed on AQSE as a

January 11, 2023 1 min read

BlockFi Seeks the Court Remain Their Personal Data Confidential

BlockFi, an online platform and mobile app that allows users to purchase, sell, and trade cryptocurrency, has filed for bankruptcy and is attempting to keep their personal information private in a court filing on Tuesday. They have also claimed that they are concerned about identity theft or being a target

January 11, 2023 1 min read

USDT Stablecoin Will Be Delisted From Crypto.com in Canada

Crypto.com is restricting the Tether stablecoin (USDT) trading services in the Canadian region. This is seemingly the follow-up action by the largest crypto platforms after the Pre-Registration Undertaking (PRU) with the Ontario Securities Commission (OSC). And, Crypto.com will delist the USDT from 31st Jan 2023.  crypto dot com to delist

January 11, 2023 2 mins read

FTX’s Next Hearing Scheduled in Delaware Bankruptcy Court

The next FTX bankruptcy hearing is scheduled on Wednesday, January 11, at 9 a.m. EST in the District of Delaware Bankruptcy Court. The former CEO of FTX Sam Bankman-Fried’s ‘SBF’ attorneys will join the discussion about the deadline expansions and auction of distressed assets. Additionally, the court proceeding is to

January 11, 2023 2 mins read

Brother of Former Coinbase Employee Convicted For Insider Trading

The brother of a former Coinbase employee was found guilty of his part in an insider trading conspiracy involving cryptocurrencies. To one count of conspiracy to commit wire fraud, Nikhil Wahi, brother of former Coinbase product manager Ishan Wahi, pled guilty in September. Wahi was handed a 10-month jail term

January 11, 2023 1 min read

Gemini Co-founder Claims Genesis Defrauded Both Exchange and Users

Cameron Winklevoss, the co-founder of Gemini, has sent a letter to the Digital Currency Group (DCG) in which he accuses crypto lender Genesis of defrauding Gemini and its 340,000 customers. Three pages of accusations against the lender and its parent firm were shared on Twitter today. In the statement, Winklevoss

January 10, 2023 2 mins read

Binance Stakes 4 Trillion Shiba Inu (SHIB) Worth Approx $36M

The price of Shiba Inu, the second most popular meme in the world, has been on the rise since the outset of 2023. The Shiba Inu Ecosystem’s most recent improvements have had a significant part in this pricing increase. However, the most recent update from the biggest cryptocurrency exchange, Binance,

January 10, 2023 1 min read

Coinbase Announces Additional 20% Layoff Amid Sluggish Market

Amid the continued bear market and FTX outbreak, Coinbase CEO Brian Armstrong intends to lay off another 20% of the company’s personnel in an effort to reduce operational expenditures. Coinbase had reduced its personnel by 18% in June of last year, and the new move will result in the loss

January 10, 2023 2 mins read
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