ARK Invest led by Cathie Wood is once again cashing in on its Coinbase shares as the stock price of the exchange increases. ARK’s transaction filing dated November 27th shows that the company sold 43,956 Coinbase shares from its ARK Fintech Innovation ETF. Based on statistics from MarketWatch, the transaction
Crypto exchange OKX recently announced that it will be expanding its offerings in Brazil by launching a local cryptocurrency exchange and Web3 wallet platform. The organization announced on November 27 that it is concentrating on offering a Brazilian real fiat-on-ramp gateway to cryptocurrency trading and DeFi. OKX Brazil’s general manager
Cardano (ADA), Chainlink (LINK), Dogecoin (DOGE), and Stellar (XLM) have all been added to the list of upcoming assets that Coinbase International Exchange, a subsidiary of Coinbase Global Inc. aimed at non-US customers, will be offering as Perpetual Future Contracts. The exchange has announced that it would offer trading pairs
Coinbase stock price has hit a new all-time high for the year, surpassing levels not seen since May of 2022. According to MarketWatch, Coinbase increased significantly, from $77 at the beginning of the month to $116.93. It has reached its highest price since the middle of 2022. Compared to 2021,
Zipmex Thailand, has announced a complete shutdown of operations effective immediately. This quick action is in response to requirements imposed by the SEC of Thailand. The exchange informed its customers of the change via a Facebook post, stressing the need of maintaining compliance with applicable regulations. Notably, Zipmex Thailand has
Richard Teng, Binance’s newly selected CEO, has recently provided briefings in which he discusses the exchange’s strategic actions and his own activities. His most recent post on twitter, however, provides insight into the exchange’s goals in the dynamic Web3. Notably, Teng defines Binance’s dedication to users and cooperation inside the
Former Binance CEO Changpeng Zhao (CZ) is at the center of a courtroom confrontation in the legal controversy. The attorneys for CZ are vigorously opposing U.S. Justice Department (DOJ) attempts to block his return to the UAE until his sentence for anti-money-laundering (AML) violations. CZ’s recent guilty plea involved Binance
The US Commodity Futures Trading Commission (CFTC) has issued a warning to various other cryptocurrency exchanges, two days after Binance’s $4.3 billion settlement with United States authorities was finalized. On Tuesday, former CEO Changpeng Zhao (CZ) pleaded guilty and resigned. Binance should pay penalties totaling $4.3 billion, with $50 million
By January 2024 end, Austria-based Raiffeisen Bank plans to provide retail clients trading services in cryptocurrencies. Bitpanda, a crypto exchange, signed a memorandum of intent with the bank earlier this year, and the duo will work together to deliver the service to consumers in Vienna. Curt Chadha, the bank’s head
According to a court petition made by federal prosecutors on Wednesday, Changpeng Zhao (CZ), the former CEO of Binance, cannot be permitted to leave the U.S. until his February sentencing on one allegation of infringing the Bank Secrecy Act. Along with Binance’s guilty plea to numerous criminal and civil charges
