South Korea's Pension Fund Bought $20M Coinbase Shares in Q3, Made 40% Profit: Report

The fund snapped up COIN at an average price of $70.5 in the third quarter, achieving a 40% profit from investment.

South Korea's Pension Fund Bought $20M Coinbase Shares in Q3, Made 40% Profit: Report

South Korean pension fund, National Pension Service (NPS), bought nearly $20 million worth of Coinbase (COIN) shares in the third quarter, local outlet News1 reported, citing the NPS&r...

10 months ago

SEC Delays Decision on HashDex Bitcoin Spot ETF Application, Grayscale Ether Futures Filing

Franklin Templeton also has an outstanding bitcoin ETF application with a Nov. 17 decision deadline.

SEC Delays Decision on HashDex Bitcoin Spot ETF Application, Grayscale Ether Futures Filing

The U.S. Securities and Exchange Commission (SEC) is delaying a decision on an application by Hashdex to convert its existing bitcoin futures exchange-traded fund (ETF) into a spot veh...

10 months ago

Stablecoin Issuer Paxos Receives Preliminary Nod from Singapore Regulator

Blockchain infrastructure firm Paxos has obtained a preliminary license from the Monetary Authority of Singapore (MAS) for its new entity.

Stablecoin Issuer Paxos Receives Preliminary Nod from Singapore Regulator

With the in-principal approval, Paxos Digital Singapore, the new entity, will offer digital payment token services to Singaporeans. Further, Paxos announced plans to launch a...

10 months ago

Blockchain.com $110M funding round halves its 2022 valuation: Report

Despite new investment in the crypto exchange, Blockchain.com’s valuation has more than halved from its $14-billion peak.

Blockchain.com $110M funding round halves its 2022 valuation: Report

Crypto exchange and wallet provider Blockchain.com closed a $110-million Series E financing round, an investment that more than halves its previous 2022 valuation of $14 billion. In a ...

10 months ago

Hongji Feng @hongji-feng 15 November 2023 02:51 EST . 1 min read      US SEC to Decide on Two Spot Bitcoin ETFs by Nov. 17

The U.S. Securities and Exchange Commission is scheduled to announce its decisions on two Bitcoin exchange-traded funds (ETFs) by Nov.17, according to Bloomberg Intelligence.

Hongji Feng @hongji-feng 15 November 2023 02:51 EST . 1 min read US SEC to Decide on Two Spot Bitcoin ETFs by Nov. 17

The two ETFs, Hashdex Bitcoin ETF (DEFI) and Franklin Bitcoin ETF, both have a first decision deadline on Nov. 17, 2023, and a second decision deadline on Jan. 1, 2024. As the dates listed repre...

10 months ago

Blockchain.com Closes $110M Raise: Bloomberg

The exchange's valuation in the $110 million round was less than half of its previous $14 billion valuation, according to the report.

Blockchain.com Closes $110M Raise: Bloomberg

Crypto exchange and wallet provider Blockchain.com has closed a $110 million raise, valuing the company at less than half of its previous $14 billion, according to a Bloomberg rep...

10 months ago

XRP Futures Traders Nurse $7M Loss as BlackRock ETF Rumor Causes Wild Price Swings

XRP prices jumped to 73 cents from 65 cents in 25 minutes after a tweet suggested financial behemoth BlackRock had filed for an XRP ETF in the U.S.

XRP Futures Traders Nurse $7M Loss as BlackRock ETF Rumor Causes Wild Price Swings

Traders invested in XRP futures lost some $7.26 million in the past 24 hours as prices moved wildly following rumors of a BlackRock (BLK) exchange-traded fund (ETF) filing. The liquida...

10 months ago

NFT sales volume upward trend to continue, industry execs say

CoinW executive Sonia Shaw told Cointelegraph that the recent uptick in NFT sales shows a "broader and more profound interest” extending beyond art.

NFT sales volume upward trend to continue, industry execs say

In the weeks leading to November, nonfungible token (NFT) data showed a consistent upward leap in weekly sales. While the volume is still far from its peak in 2021, executives in the i...

10 months ago

Coin Cloud Users’ Sensitive Information Compromised, Source Code Stolen: Report

Coin Cloud had slid into bankruptcy earlier this year.

Coin Cloud Users’ Sensitive Information Compromised, Source Code Stolen: Report

The latest cyberattack on Coin Cloud, the defunct Bitcoin ATM company, by an anonymous hacking group has raised alarming concerns about the physical safety of the exposed users. The ha...

10 months ago

FTX Foundation Member Denies Involvement In SBF Fraud, Insists on Unpaid Bonus

Ross Rheingans-Yoo, an employee of FTX Foundation has filed a response to FTX’s claim regarding his unpaid salaries and bonuses totaling $275,000.

FTX Foundation Member Denies Involvement In SBF Fraud, Insists on Unpaid Bonus

In a Nov 13 court filing, the foundation staff argued that he was entitled to $650,000 but was only paid $375,000 leaving an unpaid balance of $275,000 from his 2022 salary. Accor...

10 months ago

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