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…
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…
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…
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…
Binance Now the Largest BTC Holder Globally.
Binance becomes the largest BTC holder.Exceeds Coinbase exchange, currently pushed down.FTX downfall post effect accounts to be the sole reason.Binance now officially becomes the largest holder of Bitcoin (BTC) currently,…
Ripple CEO wants to Buy Assets From Bankrupt FTX
Former FTX CEO phoned Brad two days before the firm filed for bankruptcy. About 130 FTX-related entities, including FTX.US, filed for bankruptcy in Delaware. According to reports, Ripple CEO Brad…
South Korea shutdown Native Tokens of Exchanges.
KoFIU investigates all crypto exchanges for native tokens.South Korea is the worst affected country in the world due to FTX downfall. South Korea blocks $104.4 million from FTX Co-founder Shin…
$104 Million Worth Assets of Terra Co-Founder seized by South Korea Authorities
Prosecutors claim that the co-founder made “unfair” gains of roughly 140B Korean won. Shin co-founder Chai corp., a local payments tech business. On Thursday, local prosecutors in Seoul allegedly had…
FTX begins Strategic Review and Seeks the Court for Approval to Pay Important Vendors
FTX said on Saturday that it has started a strategic evaluation of its worldwide assets. Debtors of FTX are in discussions with financial services company Perella Weinberg Partners. The defunct…