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Cleanspark’s Stock Tumbles 10% After Plans to Sell $800 Million in Shares


Bitcoin miner Cleanspark’s stock plunged 10% in after-hours trading after revising its at-the-market (ATM) offering agreement to sell up to $800 million of its stock, a decision that would dilute CLSK shares by 19%, given its $4.2 billion market capitalization. The adjustment from an initial...

BlackRock’s New Tokenized Fund BUIDL Attracts $240M in a Week: Bloomberg


The BlackRock USD Institutional Digital Liquidity Fund BUIDL, leveraging Ethereum blockchain, garners significant interest, amassing $240 million in the first week after launch. The post BlackRock’s New Tokenized Fund BUIDL Attracts $240M in a Week: Bloomberg appeared first on Cryptonews

U.S Has its Eleventh Spot Bitcoin ETF After Hashdex Fund Conversion


Trading under the ticker DEFI, asset manager Hashdex’s Bitcoin Futures ETF – which had been trading as a futures-based fund on the New York Stock Exchange since 2022 – was renamed and converted into the Hashdex Bitcoin ETF and now operates as a spot bitcoin fund

KuCoin vows normalcy after US money laundering charges


KuCoin and its founders have been charged with major violations in the US, putting a dent in its image after Damian Williams put forward the details of the charges. The US Attorney in the Southern District of New York said that KuCoin and Chun Gan & Ke Tang were operating without following...

KuCoin Sees Over $1 Billion Outflows After Money Laundering Charges in US


Crypto exchange KuCoin saw over $1 billion in outflows in the last 24 hours after the US prosecutors announced charges against the exchange and two of its founders, Chun Gan and Ke Tang, for violating anti-money laundering laws. The post KuCoin Sees Over $1 Billion Outflows After Money Laundering...

Nansen Reports $200 Million Exodus From Kucoin After DOJ Action


Following the Department of Justice’s (DOJ) legal action against Kucoin and its founders, analysts from Nansen specializing in real-time onchain data revealed that Kucoin experienced a withdrawal of $99 million in Ethereum-based assets and $109 million in outflows from various EVM-compatible...

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