Cathie Wood’s investment management business, Ark Invest, has sold shares of Coinbase (COIN), Nvidia (NVDA), and Robinhood (HOOD). This selling pattern is happening in spite of these stocks soared to new highs after reporting better-than-expected earnings. The firm has sold over $12 million worth of Coinbase shares, $4 million worth
FTX, the bankrupt crypto exchange, has reached a settlement with its EU founders, Patrick Gruhn and Robin Matzke, who were sued for over $323 million. The settlement also involves FTX selling its assets in the EU, where it failed to gain traction. The lawsuit, filed in July 2023, claimed that
Leading experts in Decentralized AI, including Vitalik Buterin, Sandeep Nailwal, Illia Polosukhin, and Sreeram Kannan, will be present at the Decentralized AGI Summit, which is being coordinated by Sentient and Symbolic Capital. FEBRUARY 19TH, 2023 NEW YORK There is increasing worry that centralized artificial intelligence (AI) controlled by a small
U.S. Bankruptcy Judge John Dorsey in Wilmington, Delaware, has granted approval for FTX to sell its stake in Anthropic, the artificial intelligence company, marking a significant move for the cryptocurrency exchange’s post-collapse recovery. FTX’s initial $500 million investment in the AI-developing start-up Anthropic in 2021 secured them a 13.56% equity
The total market cap of cryptocurrencies skyrocketed to a staggering $2 trillion last week as Bitcoin climbed beyond $52,000, a level not seen since December 2021. Following Bitcoin’s lead, several altcoins have also seen their value rise recently. Recent times have witnessed a transformative era, where the fusion of artificial
Ethereum co-founder Vitalik Buterin recently wrote a post on AI and its crypto applications, which led to a price spike for ETH. Buterin has been discussing the benefits and drawbacks of artificial intelligence (AI) lately. He recently discussed the intersection between crypto and AI, outlining advantages, disadvantages, and possible applications.
In the fast-paced world of cryptocurrencies, where trends shift rapidly and investors seek the next big opportunity, Retik Finance (RETIK) has emerged as a promising contender. For just two months since its inception in early December 2023, Retik Finance has seen an astonishing surge of over 400%, positioning itself as
In the realm of cryptocurrency, where volatility reigns supreme and fortunes can pivot on the swing of market sentiment, the story of Retik Finance (RETIK) emerges as a beacon for astute traders and investors alike. This innovative platform has rapidly distinguished itself as a formidable alternative to Polygon, not merely
Solana, one of the fastest-growing layer 1 blockchain networks, has seen immense adoption from developers and investors alike. However, high network congestion and soaring gas fees continue to plague the network. In response, three Solana insiders have turned to an emerging project – Retik Finance (RETIK) – investing a combined
Just two days ago, Spot On Chain revealed that Worldcoin (WLD) had a significant 20% increase in price, which attracted investors and resulted in large gains for an unnamed whale trader, all while AI was the talk of the town. This whale moved 2.09 million WLD tokens, worth $5.82 million,
