Cryptocurrency Analysis and News Portal
Cathie Wood praised crypto assets for proving to be safe havens as crisis unfolded in the US banking system last week. Ark Investment‘s Cathie Wood is known for making some of the bold bets in crypto. Even during the strong downfall of 2022, Cathie Wood has been a regular
Read More
The filings were released days after Ark added 301,437 shares more shares of crypto exchange Coinbase (COIN) to the ARK Innovation ETF (ARKK) and 52,525 shares to its Next Generation Internet ETF (ARKW), a purchase valued at $20.6 million based on Coinbase’s closing price last Thursday. Ark has been steadily
Read More
“While the outflows are the largest on record, they aren’t when expressed as a percentage of total assets under management, that record was on May 2019,” the report said. A full $52 million of outflows that May represented 1.9% of AUM, according to CoinShares. Source
Read More
South Korea is planning to become a metaverse hub by 2026. Within the five-year metaverse development roadmap, the country aims to activate the ecosystem for metaverse platforms, nurture professionals, and foster companies. South Korea has announced the launch of a fund dedicated to supporting metaverse projects. According to the Ministry of Science and
Read More
While some global economies got distracted by the commotion around price instability and ecosystem collapses in crypto, South Korea doubled down on the metaverse’s potential as a new economic growth engine.South Korea’s Ministry of Science and ICT announced investments in a fund dedicated to driving metaverse initiatives in the country. According
Read More
Sun’s USDT is moving after Huobi’s HT Token Dropped 93% and then rebounded. Source
Read More
FTX’s sister trading firm Alameda has agreed to sell its interest in Sequoia Capital to a UAE-based entity. Alameda Research appears set to sell its interest in Sequoia Capital to Abu Dhabi for $45 million. According to a recent report, the FTX sister trading firm agreed to sell the Sequoia stake to the Abu
Read More
Clara Bullrich must have cloned herself or possibly invoked dark forces that shouldn’t be meddled with. Somehow, she’s managed to cram about four careers into one life. Her main gig is leading her own financial entity, AlTi, managing a
Read More
Parataxis was able to avoid exposure to FTX's collapse due to its policy of not trading on offshore exchanges, said Chin, and didn’t face a rush of redemptions from investors. Though crypto is obviously in a bear market, the atmosphere is different from the previous one, Chin said, when the
Read More
According to a Mar. 7 announcement from the University of California San Diego (UCSD), the post-secondary institution has received a 15 million USD Coin (USDC) donation from the Balvi Filantropic Fund. The foundation is currently directed by Ethereum (ETH) co-founder Vitalik Buterin and "is a scientific investment and direct gifting
Read More