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Cathie Wood Led Ark Invest Sold 1.41M Shares of Coinbase

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

July 27, 2022 1 min read

SEC Charges Ex-US Congressman For Violating Securities Exchange Act

Stephen Buyer has been charged with insider trading by SEC. Stephen purchased more than $1.5 million worth of Sprint and Navigant Consultancy stock. The Securities Exchange Commission (SEC) charged Stephen Earle Buyer, a former US representative for Indiana’s 4th congressional district, with insider trading on July 26, 2022. SEC has

July 26, 2022 2 mins read

Binance Fined 3.3M Euros by Dutch Central Bank For Non-compliance

The DNB’s General Fine Setting Policy was used when calculating the amount. DNB’s investigation took longer than expected, resulting in higher penalties for the violation. The Dutch Central Bank (DNB) fined Binance 3.3 million euros in April 2022. Exchanges that provide services to Dutch people without legal registration face fines.

July 18, 2022 2 mins read

Level One Blockchain Network ‘5ire’ Raises $100M in Funding

Previously, 5ire secured $21 million in a seed round with a value of $110 million. The blockchain startup intends to expand its operations around the globe. With a Series A investment of $100 million at a $1.5 billion value, Level One blockchain network 5ire has entered the unicorn club. SRAM

July 16, 2022 1 min read

Ethereum Network Successfully Deploys Shadow Fork

On July 6, the network successfully completed the Ethereum Sepolia testing run.  There were no serious issues after the shadow fork deployment. In the last 24 hours, Ethereum (ETH) has risen 12.76 percent, pushing it beyond the $1,200 mark. One of Ethereum’s final tests before the Merge was successfully tested

July 15, 2022 1 min read

Will Ripple Collaboration Enhances NFT Platform Functionalities?

CrossTower partnered with Ripple to add XRP Ledger NFTs. Marketplace allows the creators to onboard the NFT projects quickly. The crypto trading platform, CrossTower has recently announced a collaboration with the leading crypto solutions provider, Ripple. With the latest partnership, they aim to add NFT tokens minted on the XRP

July 14, 2022 2 mins read

Popular Gaming Platform Launches Its First NFT Marketplace

GameStop launched its debut NFT token marketplace last Monday. Previously, GameStop and Immutable X launched a $100 million grant program. On Monday, an American video gaming platform, GameStop announced the launch of its first NFT marketplace, which allows users to buy, sell and trade the NFT collections. As per the

July 12, 2022 2 mins read

Vauld CFO Resigned From Designation Amidst Market Dip

Jatin Mazalcar left Vauld after the crypto lender stopped withdrawals. Vauld halted all withdrawals on July 4th due to the financial difficulties. Vauld CFO Jatin Mazalcar has left the company after the Singapore-based cryptocurrency lender was compelled to cease client withdrawals last week. Mazalcar continued to serve as a consultant

July 12, 2022 1 min read

ED Reveals New Figures In Morris Crypto Scam

ED has attached $140 million worth of assets to the Morris crypto scam case. Now the total assets attached to Morris’ cheating case are $507.2 million. The Morris coin cryptocurrency cheating case has an update from the Directorate of Enforcement (ED), around $140 million in assets were added to the

July 12, 2022 2 mins read