ARK Invest Sells $5.26M Coinbase Shares as Price Hits 19-Month High
The Ark Fintech Innovation ETF sold 43,956 COIN shares and bought $1.2 million worth of Robinhood stock on Monday.
Financial
Failure of Multi-Function Crypto Firms a Limited Threat to ‘Real Economy’: FSB
A new report by the Financial Stability Board said further assessments of possible implications are required because “significant information gaps remain.”
EU Lawmakers Call to Reduce Tech Dependency on Other Countries With Metaverse Strategy
The European Parliament’s Committee on Internal Market and Consumer Protection wants the bloc to take the lead on shaping virtual worlds according to EU values.
U.S. Treatment of CZ, Binance Is ‘Absurd:’ Arthur Hayes
The former BitMEX CEO said the record-breaking penalties imposed on Binance represent an institutional bias against the transformative impact of cryptocurrency and blockchain technology.
Dogecoin Now Held at 5M Crypto Addresses, Though Concentration Remains a Concern
DOGE’s market value has risen 14% to almost $11 billion this month.
TRM Labs Partners With Aussie Crypto Exchange Swyftx to Combat Scams
The program will trial an apparent küresel first in which Aussie crypto users who activate two-factor authentication on their cryptocurrency accounts will be paid AUD $10 worth of Bitcoin.
Crypto Trading Firm Kronos Research Offers 10% Bounty to Hacker
Kronos Research was hacked in mid-November via stolen API keys, with the attacker making off with $25 million.
Altcoin Rally Cools as Massive $650M Worth of Token Unlocks Loom Over Crypto Market
Large unlocking events usually lead to price declines as the increase in supply outpaces investor demand for the asset, The Tie reported earlier this year.
Coinbase Is Dominating a Key Bitcoin ETF Service. Can Anyone Else Join the Race?
Brian Armstrong’s exchange is so far the only outside crypto custodian listed in the ETF applications, meaning a famous name in custody, BitGo, has been missing from the conversation.
Binance Founder CZ Stuck in U.S. for the Moment
Changpeng Zhao was set to return to the UAE, where his wife and children live, but a district judge stayed this part of his bond release for now.