World’s largest sovereign wealth fund Bitcoin exposure not ‘intentional’
If the fund was aiming to increase its Bitcoin exposure, there would be more “evidence of direct exposure initiatives,” according to an analyst.
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Binance makes moves in hardware wallet industry with new investment
The cryptocurrency exchange Binance is making a move in the hardware wallet industry, with its venture capital arm investing in the cold wallet platform Ngrave.Binance Labs has made a strategic investment in the Belgian hardware wallet firm Ngrave and will lead its upcoming Series A round, the firm officially announced on Nov. 21.Founded in Belgium…

Nigerian court green lights arrest for six CBEX promoters — Report
Six individuals allegedly defrauded investors out of $620,000 in Nigeria through falsely advertising the Crypto Bridge Exchange. A high court in Nigeria has reportedly granted the country’s Economic and Financial Crimes Commission (EFCC) the authority to arrest six individuals who were allegedly involved in investment fraud at a cryptocurrency exchange. According to an April 24

Coinbase beats earnings estimates as analysts say regulation will ‘stifle’ innovation
Coinbase stock rebounded during the early U.S. trading hours on Aug.11 after it beat Wall Street forecasts for sales and revenues in the second quarter.The cost to purchase one COIN share surged 4.7% to $282.34 at the New York opening bell. Later, bids for COIN rose to as high as $294 before pulling back to the…

Nifty News: Trump’s NFTs tank, NBA star’s collection gone in 77 seconds and more…
After a sell-out launch that pocketed roughly $4.45 million from primary sales, former United States president Donald Trump’s NFT collection is already on a crash course towards earth. Trump rolled out his odd-ball self-themed 45,000 NFT trading card collection on Dec. 16 for $99 a pop. The NFTs were all gobbled up within a couple…

‘War on crypto’ — Newly filed letters lambast proposed SEC custody rules
Industry representatives have cast doubt on the legality and impact of the U.S. securities regulator's proposal to expand custody rules. 57 Total views 3 Total shares A proposal by the United States securities regulator to tighten rules around crypto custody has been met with opposition from at least two proponents of the industry, according to…

Crypto Exchange Bitfinex Denies Allegedly ‘Fake’ Tether Volumes Listed on CoinMarketCap
Major crypto exchange Bitfinex has responded to a recent media report that accused the exchange of publishing trading volume data from “a market that doesn’t exist,” in a tweet posted Oct. 23.The controversy centers on an article from crypto media outlet CoinDesk, which had alleged that Bitfinex’s data on popular crypto statistics aggregator CoinMarketCap (CMC)…

Kraken preparing for $100M funding round ahead of possible IPO: Report
The cryptocurrency exchange said in 2021 — before Coinbase’s IPO — that it planned to pursue a direct listing if it chose to go public.

Crypto investors backed by Coinbase sue U.S. Department of Treasury after Tornado Cash sanctions
Coinbase says that the Treasury overstepped its authority in issuing the Tornado Cash sanctions. 168 Total views 5 Total shares According to a new lawsuit filed in the U.S. District Court, Western District of Texas. On Thursday, six users of the Ethereum blockchain and cryptocurrency mixer Tornado Cash sued the U.S. Department of Treasury, alleging…