Cathie Wood’s ARK Invest has amended its Bitcoin Spot ETF filing to include a new surveillance sharing agreement, taking cues from the filing presented by investment giant BlackRock earlier this month. The modification may give ARK a better chance of getting its product approved by the U.S. Securities and Exchange Commission (SEC), which has denied...Read More
In yet another case of a rug pull, Arbitrum-based Chibi Finance reportedly siphoned more than $1 million worth of various crypto assets. Notably, the protocol went live on Tuesday, but the developers managed to launder the stolen funds to other networks shortly after. On-chain analysis conducted by blockchain security platform CertiK revealed that Chibi devs...Read More
For the last couple of decades, we have been fighting a number of ecological challenges that threaten human health and well-being: polluted air, water poisoned with runoff, and pesticides on foods are real dangers. Sometimes it feels like technological and scientific advancement is poorly matched with a move toward more organic, natural, and healthier products....Read More
Paradigm’s co-founder – Matt Huang – said the company “has never been more dedicated to crypto.” The venture capital firm has been involved in the industry for years by making substantial investments and leading numerous fundraisers. ’Excited About Crypto’ Huang assured in a new post on Twitter that Paradigm remains committed to the cryptocurrency sector....Read More
Seychelles-based crypto exchange KuCoin is pushing for mandatory KYC upgrades as its competitors face regulatory challenges across various jurisdictions. In a bid to embrace global compliance requirements, KuCoin announced an upgrade of its KYC authentication rules and systems from next month onwards. Beefing Up KYC Measures The new rules mandate all newly registered users to...Read More
In the midst of market volatility, Bitcoin shows a solid stability by holding the $30K threshold. This trend is mainly boosted by Fidelity’s strategic move to file for a Bitcoin ETF, which could potentially catalyze a bullish trend. Furthermore, predictions from a Bloomberg analyst suggest that BlackRock, the world’s largest asset manager, may soon receive...Read More
Bitcoin surging past the $31,000 psychological level was crucial in many ways. For one, the world’s premier cryptocurrency hit a one-year high amidst the incessant bear market. But the gains may not stop here. Historically, July has been a month for strong rallies, according to the digital asset platform Matrixport. In its latest analysis, Bitcoin...Read More
Sony’s wholly-owned subsidiary – Sony Network Communications – has injected $3.5 million in a seed round for Singapore Web3 tech giant, Startale Labs in addition to yet another strategic collaboration. The deal was conducted via a private placement of new shares and did not have any other investors. Both firms have announced appointing Jun Watanabe,...Read More
Tether – the company behind the world’s largest stablecoin USDT – signed a Memorandum of Understanding (MOU) with Georgia’s government. The partnership reinforces the firm’s position as “a pioneering infrastructure partner for cities and nations globally” and will assist the country in its effort to become a global center for blockchain technology. Georgia Strengthens its...Read More
MicroStrategy – the company spearheaded by one of Bitcoin’s most vocal and influential proponents Michael Saylor – has bought some $350 million worth of BTC. Michael Saylor broke the news on Twitter. MicroStrategy has acquired an additional 12,333 BTC for $347 million at an average price of $28,136 per Bitcoin. As of 06/27/2023, MicroStrategy hodls...Read More
The Point Zero Forum is taking place in Zurich, Switzerland. It’s a not-for-profit initiative organized by the Swiss State Secretariat for International Finance and Elevandi. The event is focused on promoting policy and technological dialogue in the field of financial services. Brad Garlinghouse, the CEO of Ripple, was attending the conference. He reaffirmed that throughout...Read More
Emerging Web3 precious metals trading platform, Golteum has joined Chainlink BUILD to affect flexibility and scalability. With Chainlink BUILD, the adoption of Golteum by investors will be sped up by a large margin. Golteum is excited to announce this strategic move to join the BUILD program to gain access to Chainlink’s support of early-stage Web3...Read More
On June 28, it was reported that the investment bank acting as an adviser to FTX, informed bidders this month about the sale suspension. Multiple interested buyers have requested and assessed private information about the Anthropic stake over the past couple of months. However, Perella Weinberg Partners reportedly asked potential bidders to sign non-disclosure agreements,...Read More
[PRESS RELEASE – Please Read Disclaimer] Singapore, June 27th Since the metaverse gained mainstream popularity in the Fall of 2021, the world has been captivated by its potential. With over 400 million monthly active users and a projected market value of $900 billion by 2030, the metaverse has become a significant focus for game developers...Read More
One of the world’s largest Bitcoin mining firms – Riot Blockchain – has announced securing an initial order of 33,280 next-generation Bitcoin miners after entering into a long-term purchase agreement with China-based Bitcoin miner manufacturer MicroBT. Riot said that the deal will boost the Colorado-based company’s self-mining capacity to 20.1 EH/s once the machines are...Read More
