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Cathie Wood’s Ark Invest Sells $7M Shares Each in Coinbase, Robinhood
27.2.2024
Cathie Wood-led Ark Invest sold 35,509 Coinbase shares worth $6.89 million, 444,853 Robinhood shares worth $6.94 million, and 2,724 Nvidia shares worth $2.15 million on Feb. 26.
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Atlanta Federal Reserve Warns Banks About Crypto Risks
27.2.2024
Per statement released Monday, the Atlanta Fed advised banks and financial service providers to exercise caution while dealing with cryptocurrencies.
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How blockchain is changing the world of sports?
27.2.2024
Blockchain is a decentralized, distributed ledger technology for recording transactions processed through a connected series of computers. The parameters of crypto are visible traits, unchangeability, and standardization. These days, there is more than enough buzz about the implementation of crypto...
Republican Senators Propose Legislation to Prohibit CBDC: The Hill
27.2.2024
U.S. GOP legislators have proposed a bill to ban Federal Reserve-backed central bank digital currencies, citing concerns over privacy and government access to citizens’ spending data.
The post Republican Senators Propose Legislation to Prohibit CBDC: The Hill appeared first on Cryptonews
South Korean Police Arrest ‘Multinational Gang of OTC Crypto Thieves’
27.2.2024
OTC crypto crime appears to be on the rise in South Korea, where police say they have arrested a “multinational gang” who allegedly locked a woman in a car before stealing cash.
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Stablecoin Market Capitalization Hits $138 Billion as Volume Grows by 4.5% this Month
26.2.2024
The stablecoin market capitalization has soared 1.95% to hit $138 billion in February recording a fifth consecutive monthly growth since September 2023.
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FSB To Focus on Asset Tokenization and AI, Chair Says
26.2.2024
In a letter dated February 20 and released February 26, Knot told G20 finance ministers and central bankers that the global financial stability outlook “remains challenging.”
The post FSB To Focus on Asset Tokenization and AI, Chair Says appeared first on Cryptonews
Hacker Behind 2023 KyberSwap Attack Moves $2.5 Million From Arbitrum to Ethereum
26.2.2024
In an X post published on February 26, blockchain analytics firm PeckShield noted that the hacker moved 798.8 Ether (worth ~$2.49 million) from Arbitrum to the Ethereum blockchain.
The post Hacker Behind 2023 KyberSwap Attack Moves $2.5 Million From Arbitrum to Ethereum appeared first on Cryptonews
Dechat Accidentally Shares Honeypot Scam Link in Token Announcement
26.2.2024
New Web3 project Dechat has drawn attention after unintentionally sharing a honeypot scam link during its token announcement on February 26. This mistake was brought to the project’s notice by popular crypto investigator ZachXBT.
The post Dechat Accidentally Shares Honeypot Scam Link in Token...
OpenSea NFT Delisting Sparks Retaliatory Move from Game Developers
26.2.2024
OpenSea, once a dominant force in the NFT marketplace, has hit turbulent waters. The platform finds itself metaphorically shipwrecked along the digital shores of the Web3 game OpenSeason. This dramatic turn of events comes after OpenSea made the controversial decision to delist the game’s...
BitForex Halts Withdrawals Without Explanation, Leaves Users in Dark
26.2.2024
Hong Kong-based cryptocurrency exchange BitForex has faced a complete blackout since suspending its website and trading application on February 23
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Digital Asset Investment Funds Record $598 Million Inflows as Yearly Gains Tap $5.7 Billion
26.2.2024
Digital asset investment funds recorded $598 million in inflows in the last seven days as Assets Under Management (AUM) stands at $67.4 billion.
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Bitcoin Miner Riot Warns of Profit Risks Due to Chip Shortage and Climate Regulations
26.2.2024
On February 23, popular Bitcoin miner Riot Platforms issued a cautionary statement regarding potential profitability challenges in its business operations. The company cited various factors, including global supply chain disruptions, chip shortages, and increasing regulatory scrutiny around climate...
Saudi Arabia Rolls Out Metaverse Initiative to Celebrate Cultural Heritage
26.2.2024
The Saudi Arabian government has launched a metaverse to display the country’s cultural heritage which includes history, arts, and crafts.
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Polygon Spinoff Avail Secures $27M in Seed Funding From Founders Fund, Dragonfly
26.2.2024
Polygon spinoff Avail raised $27m in seed funding led by Peter Thiel’s Founders Fund and Dragonfly, the company announced Monday.
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GBTC Records Lowest Daily Outflows Since ETF Conversion
26.2.2024
Grayscale’s flagship Bitcoin Trust GBTC has just recorded the lowest daily outflows since it converted to an ETF. According to data posted on X by the research arm of crypto exchange BitMEX, GBTC’s outflow on February 23 was just $44.2 million. Bitcoin ETF Flow – 24 Feb 2024...
Blast Ecosystem’s ‘RiskOnBlast’ Rug Pulls $1.3M Ether in Apparent Scam
26.2.2024
Concerns arise as RiskOnBlast, a gambling platform on Blast layer-2, vanishes along with funds and online presence, hinting at a potential rug pull—marking the first of its kind on Blast.
The post Blast Ecosystem’s ‘RiskOnBlast’ Rug Pulls $1.3M Ether in Apparent Scam appeared...
Chinese Authority Warns of Fake Digital Yuan App Scam
26.2.2024
Chinese Ministry of Industry and Information Technology cautions against counterfeit digital yuan apps as scam tactics evolve, urging the public to verify through official channels.
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Russian Parliament Set to Approve Use of ‘Digital Assets’ in International Payments
26.2.2024
Russian parliament members could this week approve legislation that will allow firms in the nation to use “digital financial assets” in the international payments space.
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Is Crypto a Security? South Korean Courts Can’t Decide – and It’s Causing Legal Backlogs
26.2.2024
“Is crypto a security?”– South Korean courts cannot seem to decide on the answer, and a new report claims the conundrum is causing a legal backlog.
The post Is Crypto a Security? South Korean Courts Can’t Decide – and It’s Causing Legal Backlogs appeared first on Cryptonews