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Cathie Wood said that Bitcoin can outperform in both inflationary and deflationary environments and praised its performance during this year’s banking crisis. In her latest interview, Ark Invest‘s Cathie Wood stated that Bitcoin serves not only as an inflation hedge but also as a deflationary hedge. During an appearance on
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The same day cryptocurrency exchange Coinbase was served with a lawsuit from the United States Securities and Exchange Commission (SEC), ARK Invest added more stock to its Coinbase holdings. According to investor notification from ARK Invest on June 6, the firm added approximately 419,324 shares of Coinbase Global Inc., which totals
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The United States securities regulator has handed down nearly $4 million in fines to crypto exchange Coinme for allegedly offering unregistered securities and giving “misleading statements” on its crypto token UpToken (UP).On April 28 the Securities and Exchange Commission (SEC) said it settled charges against Coinme, its subsidiary Up Global
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In February 2022, OpenSea fell prey to a major phishing attack that resulted in over $1.7 million in nonfungible tokens (NFTs) being stolen from users. It wasn’t the only incident: Blockchain users reportedly lost $3.9 billion to fraudulent activity in 2022 alone.As we entered 2023, there was a chorus of
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Chiliz (CHZ) started off 2023 by putting together a 20% increase in its value during the first five days of the year. This strengthened the hopes of the holders of the crypto that it might have a strong bullish rally this year as opposed to the consistent downtrend it had experienced
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The economic crisis in crypto is waning, FTX co-founder and CEO Sam Bankman-Fried thinks. He noted in an interview on Axios Pro Thursday that he is not getting “a ton of calls” from distressed businesses, as he was in the first weeks of the so-called crypto winter. Given a positive
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Having served his five-year prison sentence in France, Russian IT and crypto specialist Alexander Vinnik is now facing a return to Greece and possible extradition to the United States. A French cassation court has recently dismissed an appeal filed by his defense against the transfer. US Extradition Continues to Haunt BTC-e’s
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Cardano’s coming upgrade, Alonzo, will be a game-changer for the smart contract platform. There is a lot of pessimism, in general, surrounding the upgrade, with odds being 59 against 41 based on the Polymarket prediction market. The Alonzo Upgrade A pseudonymous head of Coin Bureau who goes by Guy stated on Youtube
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At the end of an 80-year global debt supercycle, who benefits from having the U.S. dollar as the world’s reserve currency? Source
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