Tue, February 4

Cathie Wood Led Ark Invest Dumps Multiple Crypto Firms Shares

It was reported on December 8 that Ark Invest, which is managed by Cathie Wood, sold 335,860 shares of Coinbase (COIN) for $49 million. There were sales of 326,925 Coinbase shares by the ARK Innovation ETF (ARKK), 2,367 COIN shares by the ARK Next Generation Internet ETF (ARKW), and 6,568

December 9, 2023 1 min read

Kazakhstan Blocked 980 Unauthorized Crypto Exchanges This Year

Nearly a thousand cryptocurrency exchanges that were servicing Kazakh residents without the necessary authorization were blocked in 2023 by the country’s Financial Monitoring Agency (FMA). In 2023, the FMA blocked access to 980 illicit platforms, according to a news release issued on the government website on December 7. As for

December 8, 2023 1 min read

Robinhood Forays Into European Market Eyeing Rapid Expansion

The introduction of commission-free trading by Robinhood Markets Inc. is slated to radically alter the European cryptocurrency industry, according to Bloomberg’s announcement today. The platform is preparing to provide European investors access to more than 25 cryptocurrencies, after announcing its entry into the UK market. Importantly, this expansion falls in

December 7, 2023 1 min read

Coinbase Simplifies Crypto Transfers with Shareable Links

In an effort to expand its user base, cryptocurrency exchange Coinbase has introduced a new feature to its wallet that enables the transfer of cryptocurrency using a link that can be shared through many popular messaging applications and social media platforms. Coinbase said in a blog post on December 5

December 6, 2023 2 mins read

Cathie Wood Led Ark Invest Dumps $1.4M Worth Coinbase Shares

As the price of Coinbase (COIN) shares kept climbing amid a phenomenal rebound in the crypto market, Ark Invest, led by Cathie Wood, sold further shares. On the other hand, at the same time, Robinhood (HOOD) shares are still being purchased by Ark Invest’s several funds in anticipation of massive

December 5, 2023 1 min read

Robinhood Crypto Trading Volume Surges by 75% in November

The total volume of crypto trading on Robinhood increased 75% month-on-month in November. On December 4th, Robinhood reported in a Form 8-K filing with the U.S SEC that the crypto notional trading volumes for November were over 75% higher than the levels seen in October 2023. Despite this activity, trading

December 5, 2023 1 min read

Crypto.com Secures Electronic Money Institution (EMI) License in UK

Crypto.com announced that it has been authorized as an Electronic Money Institution (EMI) by the UK’s Financial Conduct Authority (FCA). The FCA approved Crypto.com as a crypto asset firm in August 2022, and this approval follows suit. The strong FCA framework is in line with Crypto.com’s goal of guaranteeing the

December 4, 2023 1 min read

CEO Ben Zhou Discusses Crypto Leadership Journey on Bybit’s 5-Year Milestone

In a touching statement posted on the Bybit blog, co-founder and CEO Ben Zhou reflects on the crypto sector and his visions for the future as the third-largest cryptocurrency exchange by volume, Bybit, celebrates its fifth anniversary. Ben emphasizes Bybit’s noteworthy accomplishments over the last five years in his message

December 4, 2023 1 min read

South Korea Intensifies Crackdown on Unauthorized Crypto Exchanges

On December 4th, South Korean financial authorities issued an update requesting that consumers disclose any unauthorized cryptocurrency exchanges providing services to customers inside the area. The endeavor was a joint effort by the South Korean Financial Intelligence Unit (FIU) and the Digital Asset Exchange Association (DAXA). Upbit, Bithumb, Coinone, Korbit,

December 4, 2023 1 min read

Rival Exchanges Gain Market Share Amidst Binance Settlement

An on-chain data analytics company Kaiko Research observed a spike in Coinbase’s market share after Binance reached a massive multi-billion-dollar settlement with US authorities last week. Binance and the US DoJ settled anti-money laundering claims to the tune of $4.3 billion on November 21. According to research company Kaiko Research,

December 4, 2023 2 mins read