Ark Invest purchased $1.4M Shares of Grayscale Bitcoin Trust (GBTC)
Ark Invest spent $2.8m buying over 315,000 GBTC shares last week. Coinbase has the Bitcoins that GBTC is backed by. Ark Invest, run by Cathie Wood, has reportedly invested an…
Binance Exchange refused Request to Fund Struggling Genesis
The corporation promptly applied for a $1 billion emergency loan. Apollo Global Management was reportedly also approached by the firm for funding. Genesis Global Capital, a lending division of Genesis…
Bankman-Fried’s Parents Reportedly Spend Millions on Properties in the Bahamas
SBF’s parents are also signatories on a property with a value of $16.4 million.Seven opulent condos were included in the purchased premises. Top officials at the defunct exchange FTX run…
Bahamas Court Orders FTX To Pay Remuneration Fees to Regulators
On November 12th, the Supreme Court ruled that FTX’s digital assets monitored by regulator. Fifty of the exchange’s largest debtors are owed a total of $3 billion.New problems have arisen…
Arrested Tornado Cash Developer’s Next Hearing Will be After 3 Months
The developer was taken into custody on August 12 for alleged money laundering.Pertsev must remain in detention for an additional three months. On Tuesday, a court in the Netherlands extended…
Uniswap To Capture Certain User Data For Better User Experience
All transactions and other data stored on the blockchain are considered “on-chain data.” Uniswao wants to make data-driven choices to enhance the user experience.Uniswap, a major decentralized exchange, disclosed that…
Cardano to Launch Midnight a New Privacy Blockchain
Cardano is preparing to launch a new token DUST.Midnight is a brand-new side chain from Cardano that focuses on data privacy. Input Output Global (IOG), a Cardano-backed firm, is preparing…
JP Morgan Applied for a Trademark For New Crypto Wallet
JP Morgan has a nocoiner CEO, but it is working on a cryptocurrency wallet to meet the market’s needs. On November 21, U.S. Patent and Trademark Attorney Michael Kondoudis announced…
FTX Japan Said To Resume Withdrawals by End of The Year.
FTX Japan officials claimed that the company is working to resume withdrawals. As of November 10th, the Japanese division has deposited around $138 million. The Japanese branch of cryptocurrency exchange…
Bitfinex moved 117000 Ethereum to Unknown Wallet
Bitfinex Hot Wallet transferred $131 million worth of ETH to an Unknown wallet.30K ETH exchanged for RenBTC and 1070 BTC.In the aftermath of FTX’s bankruptcy, the global cryptocurrency market encountered…