CEO of Ark Invest Cathie Wood has been known to ride out market downturns by stocking up on companies like cryptocurrency exchange Coinbase (COIN) and electric car manufacturer Tesla. Cathie Wood hasn’t changed her mind about Bitcoin or electric automobiles. Cathie Wood, the founder of Ark Invest, has predicted before
An exclusive blockchain meetup with powerful elites, business leaders, and other Blockchain enthusiasts is anticipated at Namma Chennai. The first NC BlockFiesta blockchain meetup, organized by NC Global Media, will take place on December 17 at Flame Le Club, Le Meridien, Chennai. To present and exchange their ideas about the
Robinhood Markets (HOOD) stock was downgraded from “Buy” to “Neutral” by Citi because of uncertainty surrounding the United States Securities and Exchange Commission’s (SEC) upcoming market structure proposals. Along with Citi’s cautious equity market outlook, and the effect of the collapse of FTX, a cryptocurrency trading platform, on Robinhood Markets’
The SEC has now stated that it would be pursuing charges against eight social media influencers in connection with a $100 million securities fraud scheme. Social media sites like Twitter and Discord were used in this plan by the defendants to affect publicly listed stock prices. Furthermore, the SEC has
On Wednesday, Justin Sun, founder of the Tron, withdrew 100 million BUSD stablecoins. The one hundred million BUSD withheld was deposited into the Paxos Treasury. On Tuesday, Binance CEO CZ said that Justin Sun’s transfer of 100 million USDC to Binance is an integral aspect of deploying BUSD on Tron
Tokyo Electric Power Grid (TEPCO), a Japanese utility company, is collaborating with TRIPLE-1. The goal is Bitcoin mining, and by extension, making use of the grid’s surplus of electricity. As a regional hardware producer, TRIPLE-1 is a household name. During the 2012 earthquake and tsunami that hit the Fukushima area,
Nexera ID has been unveiled today by AllianceBlock, the DeFi infrastructure center creating seamless gateways between decentralized and conventional finance. A revolutionary solution, Nexera ID makes use of a programmable smart wallet to provide self-custody, privacy, and security. A MetaNFT is a unique kind of digital token that is used
Due to the FTX’s demise, another financial regulator stepped in. To safeguard its citizens’ savings, the Thailand Securities and Exchange Commission (SEC) is preparing to implement stricter rules on crypto assets in line with those of the international market. The SEC reportedly argued that authorities should take a more active
Australia’s government said on Wednesday, December 14 that it is doing the necessary to enhance crypto service provider regulation. The government plans to issue a discussion paper in early 2023. In order to determine which kind of digital assets they want to regulate. Moreover, the Australian government is contemplating major
After being available to clients outside the United States since 2021. Binance US has now implemented the Binance Pay service for cryptocurrency transactions. Mobile users of the Binance app in the U.S may quickly trade roughly 150 supported cryptocurrencies without fees. The service went into beta internationally in February 2021
