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Ark Invest, led by Cathie Wood, has adjusted its portfolio by buying shares in Jack Dorsey’s Block Inc and selling portions of its Grayscale Bitcoin Trust holdings.

Cathie Wood’s Ark Invest Continues to Sell Grayscale Bitcoin Trust Holdings, Buys Block’s Shares

Ark’s purchase, involving its flagship ARK Innovation ETF, ARK Next Generation Internet ETF, and Ark Fintech Innovation ETF, purchased 113,326 shares of Block Inc. with a worth o...

10 months ago

After acquiring the crypto tax platform Accointing in October 2022, Glassnode is selling the business to focus on DeFi and institutional offerings.

Crypto data platform Glassnode sells Bitcoin tax software to Blockpit

Cryptocurrency intelligence firm Glassnode has said it’s dropping crypto tax-related projects to focus on new solutions targeting institutional investors and decentralized finance (DeFi).

10 months ago

Ledger Live Users Lose $600,000 In Bitcoin: Report

Ledger Wallet Users Lose Nearly $800,000 To Fake App On Microsoft’s App Store

According to on-chain sleuth ZachXBT, around $800,000 in crypto assets has been carted away from users who installed a fake Ledger Live application on Microsoft’s app store. In&n...

10 months ago

Hong Kong’s securities regulator, the Securities and Futures Commission (SFC), may allow retail investors to buy spot crypto ETFs.

Hong Kong to allow retail investors to participate in spot ETFs

Bloomberg, citing SFC CEO Julia Leung, writes that the regulator welcomes proposals using innovative technologies that improve efficiency and quality of customer service. “We&rsq...

10 months ago

DZ Bank AG launches its own digital assets custody platform, built on blockchain.

DZ Bank, third-largest German bank, to start crypto custody for institutional investors

DZ Bank, the third largest bank in Germany by asset size, has launched its own digital assets custody platform built on the blockchain. According to an announcement published on Nov. 2...

10 months ago

Monero’s community wallet was drained of all assets following a security breach described as shocking and a little sketchy.

Monero’s Security Breach Drains Entire Funds In Community Wallet: What’s Going On?

The attack on the privacy coin’s wallet took place on Sept 1 but was not revealed until Nov 2 on GitHub. According to the company, the source of the breach remains unidentified a...

10 months ago

NBG And Ripple Forge Path To Digitalization

Ripple And National Bank Of Georgia Join Forces For Digital Lari Pilot

In a recent development, Ripple has been selected by the National Bank of Georgia (NBG) as the official technology partner for its Digital Lari (GEL) pilot project. The...

10 months ago

Castelluzzo Sold Drugs on Darknet for Crypto

U.S. Authorities Seize $54 Million Worth of Crypto from a Drug Ring Leader

The U.S. Attorney’s Office is aiming to recover $54 million of crypto in Ethereum from Christopher Castelluzzo, a convicted drug distributor. On Nov. 2, U.S. Attorney Philip R. S...

10 months ago

Cathie Wood Picks Bitcoin for 10-Year Investment Over Gold and Cash

Cathie Wood Bets on Bitcoin Over Gold and Cash as Deflation Hedge for Next Decade

Cathie Wood has reiterated her confidence in Bitcoin as the go-to asset as hedge against deflation over the next decade. Wood picked Bitcoin over traditional safe havens like gold or cash. ...

10 months ago

Sam Bankman-Fried, who once ran one of the world's biggest cryptocurrency exchanges, has been found guilty of fraud and money laundering at the end of a month-long trial in New York.

'Crypto King' Sam Bankman-Fried guilty of FTX fraud

The jury delivered its verdict after less than five hours of deliberations. It concludes a stunning fall from grace for the 31-year-old former billionaire and one of the most public fa...

10 months ago