After making significant acquisitions in February, Ark Invest, an investment management business managed by Cathie Wood, continued its purchasing binge in March, adding additional Coinbase shares to its portfolio. Having just released Base, an Ethereum Layer-2 blockchain, and having purchased One River Digital Asset Management, investors are looking favorably on
This past Friday, Uniswap Labs announced the release of a new mobile wallet, only to have Apple’s App Store block it. This mobile application will be completely autonomous and open-sourced. The group claims they submitted the mobile app months ago, but are still waiting for clearance. Meanwhile, Uniswap Labs made
A legal lawsuit against MicroStrategy, an American business intelligence company, was rejected by the Superior Court of the District of Columbia. The lawsuit claimed that MicroStrategy assisted its co-founder, Michael Saylor, in avoiding paying income taxes. A new filing claims that in October, Saylor and MicroStrategy asked the court to
Tether, a stablecoin issuer, released a statement on Saturday. This was in response to a Wall Street Journal article on the use of phoney paperwork and shell firms to obtain access to traditional financial institutions. The USDT issuer dismissed the news as further false information directed towards it. Tether wrote
While the largest cryptocurrencies Bitcoin (BTC) and Ethereum (ETH) prices declined, Ripple’s native crypto token XRP price surged over 3% in a day. At the time of writing, XRP traded at $0.3754 with a market cap of more than $19 billion, as per CoinMarketCap data. Finally, an end to Ripple’s
Binance has announced that it would be working with law authorities on a new Anti-Scam initiative. The crypto exchange platform released a statement announcing the cooperation, which will see the newly created cyber security measures roll out worldwide. According to the press release, the partnership with the Hong Kong Police
The recent talks about Bitcoin NFTs have gained massive attention. Post the launch of Ordinal at the start of the new year, the NFT marketplace saw a jump from leading NFT blockchains to Ordinals. Specifically, Ethereum and Solana were well-known leads in the field of NFT. Another major hit was
Another crypto industry giant Silvergate Capital is in danger of collapsing less than four months after Sam Bankman-Fried’s crypto exchange FTX and its sister company Alameda Research filed for bankruptcy. The global cryptocurrency market cap plummeted from $1.13 trillion to $1.02 trillion in just three days. The warning spread throughout
The lead developer of the Shibarium network stepped in to solve the doubts prevailing in the crypto market regarding the DEX of the platform. Pawswap, a decentralized exchange that is under process has advertised itself to be “The Shibarium DEX”. But Shytoshi has clearly declared that SHIBASWAP is the only
Near Protocol, a decentralized application (DApp), announced at the Web3 and innovation festival ETHDenver 2023 that it would be releasing a new blockchain operating system. With the goal of enhancing the user experience on Web3. By creating a unified platform for accessing and learning about open web resources. Illia Polosukhin,
