One of the largest stockholders of the Coinbase cryptocurrency exchange has dumped a massive amount of shares as regulators reportedly probe the firm for alleged insider trading. Cathie Wood’s investment firm Ark Investment Management has sold a total of more than 1.4 million Coinbase (COIN) shares, according to daily trade information from Ark on July 26. The sale involved three…
In brief Web3 startup Unstoppable Domains has raised $65 million at a $1 billion valuation. The firm sells NFT-based domains that can be assigned to crypto wallets and websites, and is building Web3 identity and reputation solutions. Unstoppable Domains, a Web3 service that provides NFT-based domain names for crypto wallets and websites, today announced that it’s reached a “unicorn” valuation…
press release PRESS RELEASE. XRPayNet has been making major progress in the DeFi space this year. Their recent launch of a versatile mobile application has allowed users to trade with freedom. The app tautes the flexibility to trade with 90,000 trading pairs available for use. This vast expansion of technology and availability has been a widely positive first impression from…
Ethereum Classic (ETC) continues to reap benefits from its blockchain rival Ethereum’s upcoming transition from proof-of-work (PoW) to proof-of-stake (PoS). Vitalik Buterin likes Ethereum Classic Notably, ETC’s price jumped by a little over 20% to reach $27.50, two days after Ethereum co-founder Vitalik Buterin’s endorsement of Ethereum Classic went viral across social media. In his comments, Buterin presented the chain…
Ethereum Classic, a non-forked version of Ethereum, is enjoying a hefty rally early Wednesday morning. Following the infamous DAO hack of 2016, Ethereum split into two blockchains: Ethereum, the second-largest cryptocurrency by market capitalization, and Ethereum Classic. The newly created chain is the currently used Ethereum network, and the hacked chain continues to operate as Ethereum Classic. Importantly, the latter will…
Cryptocurrency investors are perceived to be more attractive, smarter, and wealthier than non-investors, the latest survey by Cryptovantage has found. Just over three-quarters of respondents said they are likely to go on a date with someone if their dating app profile mentions crypto. However, some 69% of crypto investors surveyed admitted that they had a relationship end because they invested…
While some refuse to adopt nonfungible tokens (NFTs), others are finding ways to realize the potential of NFT technology to solve real-world problems. In an interview with Cointelegraph, Josh Katz, CEO of NFT marketplace YellowHeart, shared his thoughts on using NFTs in ticketing, what the NFT space will look like in the future and whether NFTs can eventually surpass crypto…
Despite some of the first security token offerings (STO) launching at least four years ago, the STO industry is still yet to take off, according to an executive at the INX cryptocurrency trading platform. The STO industry is still nascent compared to the overall digital asset industry as companies and individuals are just getting into the field, INX’s chief business…
Market research forecasts the global cryptocurrency ATM market to be worth $472 million by 2027, driven by growth in developing markets and growing adoption. Source: https://cointelegraph.com/news/crypto-atm-market-value-to-hit-472-million-by-2027-per-new-data
Ark Invest, the investment firm helmed by Cathie Wood, dumped a total of more than 1.4 million shares of Coinbase Global (COIN) on Tuesday, per the firm’s daily trade information newsletter. The sale is spread out across the company’s three actively managed exchange-traded funds: Ark Innovation (ARKK), Next Generation Internet (ARKW), and Fintech Innovation (ARKF), with ARKK selling as many…
