Whale Sells $6.3M in Ethereum Prompting Questions on Taking Profits.
An anon Ethereum wallet holder sold 3,150 ETH worth over $6.37 million. The sale occurred on Sunday at an average price of $2,023, representing a significant return in just two…
Charles Hoskinson Shares Theory on Why Satoshi Nakamoto Chose Anonymity.
Charles Hoskinson suggests that Satoshi Nakamoto remained anonymous due to legal uncertainties.In its early days, Satoshi Nakamoto controlled 100% of Bitcoin’s mining power and governance.Hoskinson challenges the narrative of Bitcoin…
Kyber Hacker Request For Total Executive Control Of Company In Return For Stolen Assets.
If given full control of Kyber Network, the hacker has promised to fully compensate executives and double all employee salaries.Amid efforts to reclaim over $46 million in stolen assets, DeFi…
Robinhood Announces UK Launch Boosting International Outreach
The platform offers 15 cryptocurrencies at the moment as mentioned on the website. Cathie Wood’s Ark Fintech Innovation ETF (ARKF) purchased 221,759 shares of HOOD. Robinhood said on Thursday that…
Binance Unveils Pioneering Banking Triparty Agreement, Mitigating Counterparty Risk
The first cryptocurrency triparty agreement in history has been performed successfully by Binance, the global blockchain ecosystem that powers the biggest cryptocurrency exchange based on trading volume, in collaboration with…
Cathie Wood’s ARK Invest Dumps Coinbase Shares Again
ARK Invest sold another $5 million worth of Coinbase (COIN) shares. ARK bought $2 million worth of shares in Robinhood and $1.5 million in SoFi Technologies. On Wednesday, Cathie Wood’s…
Bankruptcy Court Greenlights Defunct FTX to Sell $873M Worth Assets.
The earnings from the sale will go toward paying back FTX creditors. Assets totaling $873 million will come from FTX holdings in several trusts. The bankruptcy court in Delaware approved…
Crypto Mixer Sinbad Faces U.S Sanctions Over Money Laundering.
Tornado Cash and Blender are cryptocurrency mixers that OFAC has formerly sanctioned. The OFAC said that Sinbad had handled cryptos valued at millions of dollars from thefts. The cryptocurrency mixer…
Canadians Are “Largely Opposed” To A CBDC – Bank Of Canada.
A Bankw of Canada survey found that a whopping 86% of respondents expressed “strong criticisms” against CBDCs. Canadians are overwhelmingly opposed to their central bank researching and issuing a digital…
Paxos Secures Preliminary Approval from ADGM to Offer Services in UAE
Two new Paxos companies under the ADGM have received preliminary clearances. In August, PayPal introduced its PYUSD stablecoin, which was issued by Paxos. As part of its ongoing global expansion,…