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ARK Invest Divests from Grayscale, Invests in ProShares Bitcoin ETF
December 28, 2023
ARK Invest's Next Generation Internet ETF (ARKW) completely offloaded its positions in Grayscale's Bitcoin Trust (GBTC) on Dec. 27 and reinvested with a $92 million purchase in ProShares Bitcoin Strategy …
Read moreCAKE Token Valuation Soars After Proposal to Cut Supply by 300 Million
December 28, 2023
PancakeSwap's CAKE token value surges by some 4% subsequent to a proposal that aims to slash its maximum supply from 750 million to 450 million. The community has shown tremendous …
Read moreLearn Concept: The Rise and Fall of Crypto Hacks and Exploits
December 28, 2023
A Decrease in Cryptocurrency ExploitsIn 2023, cryptocurrency users witnessed a significant decline in losses due to hacks, scams, and exploits. The losses amounted to roughly $2 billion in 2023, representing …
Read moreSolana-Based Meme Coin Falls Sharp 56% from High Amid Profit-taking
December 28, 2023
The Solana-based meme token has experienced a significant drop from its all-time high, decelerating by 56% over the past two weeks. This sharp decline suggests that traders may be cashing …
Read moreSouth Korea Implements Public Disclosure for Officials' Crypto Assets
December 27, 2023
The South Korean government announced a significant development by initiating a unified public official asset disclosure service which includes registration of cryptocurrency holdings starting from next year, aiming to enhance …
Read moreMicroStrategy Nears Ownership of 1% Total Bitcoin Supply with Latest Purchase
December 27, 2023
MicroStrategy Ups its Bitcoin Game MicroStrategy has made headlines with its latest Bitcoin purchase for $615 million, marking a significant addition to the company's steadily growing accumulation. This acquisition overshadows …
Read moreSignificant Bitcoin Transfers Shape the Market amid Recent Dips
December 27, 2023
Huge Bitcoin Movements Bring VolatilityRecent fluctuations in Bitcoin's value have triggered significant market movements, indicating the delicate nature of the cryptocurrency market. In response to Bitcoin’s short dip below $42,000, …
Read moreHong Kong Regulators Introduce Mandatory Licensing for Stablecoin Issuers Amid Concerns
December 27, 2023
Hong Kong's financial regulators, the Financial Services and the Treasury Bureau (FSTB) and the Hong Kong Monetary Authority (HKMA), have released a joint statement about a new regulatory framework for …
Read moreCrypto Hacks and Exploits in 2023 Halved to $2B from 2022's Surge
December 27, 2023
Although hackers made significant strides in 2023, the year saw a decrease in the losses by cryptocurrency users compared to the previous year. According to estimates, users lost around $2 …
Read moreProminent Change in Grayscale Leadership Amid Bitcoin ETF Decision
December 27, 2023
As the decision on Bitcoin ETF continues to loom, cryptocurrency firm Grayscale experiences a leadership shakeup. Barry Silbert, the erstwhile Chairman of Grayscale, has stepped down from his role. This …
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