KuCoin has launched “Anti-FUD Funds” There are 3 main aims for launching the FUD Funds On the well-known cryptocurrency exchange KuCoin, users can buy, sell, and trade cryptocurrencies. Johnny Lyu, the CEO of KuCoin, has established funds for FUD, commonly known as the “Anti FUD-Fund,” to take legal action against
After starting at $61.74, Coinbase (COIN) ended the day at $52.93. ARK Invest paid an estimated average price of $328.28 a share. With Coinbase trading at a 52-week low at the price of $52.93, prominent crypto investor Cathie Wood sold 1.41 million shares of Coinbase stock. ARK Invest paid an
Class action complaint was filed by Bragar Eagel & Squire PC against the defendants. South Korean authorities raided 15 crypto firms and exchanges. Multiple cases have been filed against TerraForm Labs and its founder Do Kwon, the head of research Nicholas Platias, and linked companies that defrauded billions of dollars
Loans to the troubled hedge firm Three Arrows Capital would be immune from this. Customers who don’t want to use FTX may nonetheless file bankruptcy claims. Alameda Research and its affiliate FTX have offered to purchase Voyager Digital, but Voyager Digital has rejected the deal, calling it a “low-ball bid.”
VARA has already awarded OKX a provisional license before approving Huobi. Huobi believes a regional headquarters for the exchange may be established in Dubai. The Dubai Virtual Assets Regulatory Authority (VARA) has awarded provisional approval to Huobi, according to a statement from the business. Huobi’s virtual asset exchange products and
More than 19k BTC was traded by public miners following market deterioration. This week, the cryptocurrency industry surged past $1 trillion in market capitalization. Since May, major institutions have sold at least 236,237 BTC, according to Arcane Research analyst Vetle Lunde in a tweet on Thursday. For the first step,
Blockchain.com is reducing about 150 employees, due to financial losses. The exchange recently lost $270 million from Three Arrows Capital. As per reports, Luxembourg-based cryptocurrency exchange Blockchain.com is disbanding 25% of its employees, amid financial losses and the collapse of the global crypto market. The latest workforce reduction will affect
Players will significantly impact the platform’s “core capabilities.” After falling to $4.60 early Monday, APE surged to a high of $6.30. After Yuga Labs released a preview of their much anticipated Otherside Metaverse, ApeCoin looks to be on the rise. To give NFT holders a sneak peek into Otherside, the
Coinbase has held its position as the largest Bitcoin exchange since 2014. Bitcoin holdings on Coinbase have fallen below the 600,000 barrier. In the race to hold the most bitcoins, Binance has beaten Coinbase to the top spot. It’s a new milestone for Binance, and it shows the confidence Binance
Bankruptcy proceedings have been halted, and client funds have been frozen. EquitiesFirst seems to be a creditor of crypto hedge firm Three Arrows Capital (3AC). EquitiesFirst, a single counterparty that owes Celsius $439 million, has been making monthly payments of $5 million to clear its debt with the company. Due
