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

OMG Token Surges 16% as Vitalik Buterin Hails the 'Return of Plasma'

Buterin wrote that he believes Plasma, an Ethereum scaling technology that has been ousted by rollups, has the potential to reduce transaction fees.

OMG Token Surges 16% as Vitalik Buterin Hails the 'Return of Plasma'

OMG, the native token of the OMG Network, climbed to a six-month high after Ethereum creator Vitalik Buterin published a blog post on how Plasma, the technology behind the OMG Network, has the p...

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

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

GROK whales decry supposed FUD from crypto sleuth ZachXBT

The market cap of AI-inspired altcoin $GROK fell sharply on Nov. 13 after well-known blockchain investigator ZachXBT tied its creator to previous possible scams.

GROK whales decry supposed FUD from crypto sleuth ZachXBT

Supporters of a Grok token, $GROK, banded together in the wake of aspersions surrounding the project and its developer, who has supposedly created other cryptocurrencies in the past.  ...

10 months ago

Fnality Receives $95 Million Investment Led by Goldman Sachs, BNP Paribas

Fnality International, a company specializing in tokenized cash solutions on blockchain, has secured a substantial investment of $95.2 million, according to Bloomberg.

Fnality Receives $95 Million Investment Led by Goldman Sachs, BNP Paribas

The funding round was spearheaded by prominent financial institutions Goldman Sachs and BNP Paribas. Fnality’s Growth Journey Since 2019 Established in...

10 months ago

Crypto.com Wins Digital Asset License in Dubai

rypto.com completed its licensing process in Singapore in June.

Crypto.com Wins Digital Asset License in Dubai

Crypto.com has been granted a license to operate specified virtual asset service activities in Dubai, the crypto exchange announced on Tuesday. The license has been granted t...

10 months ago

Hacking Group Allegedly Steals Sensitive Data of 70,000 Customers from Bankrupt Bitcoin ATM Firm Coin Cloud

Coin Cloud’s Woes Deepen: Bitcoin ATM Firm Faces Data Breach Amid Chapter 11 Bankruptcy

Hacking Group Allegedly Steals Sensitive Data of 70,000 Customers from Bankrupt Bitcoin ATM Firm Coin Cloud

An unidentified hacking group has purportedly claimed responsibility for a significant security breach targeting Coin Cloud, a Bitcoin ATM operator that once boasted over 4,000 machines in the U...

10 months ago

Bithumb Plans IPO In Korea, Eyes Top Spot in Local Market

Internal planning continues

Bithumb Plans IPO In Korea, Eyes Top Spot in Local Market

Cryptocurrency exchange, Bithumb is keen on becoming the first industry-related company to get listed on the Korean Securities Dealers Automated Quotations (KOSDAQ). According to ...

10 months ago

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