Cathie Wood’s ARK loading up on Coinbase shares again, buying $18M
Cathie Wood’s Investment Management firm Ark Invest has gone back to buying Coinbase shares again, just a day after the COIN’s stock price dipped amid...
‘Surgical removal’ of crypto will only weaken USD dominance, commentators say
The United States' crackdown on cryptocurrencies and firms will only serve to stifle crypto-related innovation and “weaken” the country, said industry pundits in the wake...
3AC co-founder can answer subpoena or ‘take his chances’ — US judge
Kyle Davies, the co-founder of bankrupt crypto hedge fund Three Arrows Capital, has been ordered to answer the subpoena issued to him in January or...
Justin Sun vs. SEC, Do Kwon arrested, 180M player game taps Polygon: Asia Express
Our weekly roundup of news from East Asia curates the industry’s most important developments. Chinese crypto billionaire sued by SEC On Mar. 22, the U.S. Securities...
Do Kwon faces fraud charges from US prosecutors hours after arrest
Terraform Labs CEO Do Kwon has been charged with fraud by United States prosecutors in New York, just hours after he was reportedly arrested in...
The world could be facing a dark future thanks to CBDCs
During the financial crisis of 2007–2008, many people lost trust in traditional financial institutions and turned to alternative forms of currency, such as cryptocurrencies. It...
Coinbase CEO calls for action in electing pro-crypto lawmakers following SEC Wells notice
Brian Armstrong, the CEO of United States-based cryptocurrency exchange Coinbase, has renewed calls for crypto users to “elect pro-crypto candidates.”In a March 23 Twitter Spaces...
FTX debtors agree to $95M sale of stake in Mysten Labs
The debtors for defunct crypto exchange FTX have approved an agreement that would sell its preferred stock in Mysten Labs, the company behind the Sui...
Arbitrum airdrop sells-off at listing, but traders remain bullish on ARB
The official Arbitrum airdrop page crashed right after the claiming process began around 9 a.m. EST. Some users still managed to claim it through alternative...
Block shares down as Hindenburg takes aim at the crypto company
Hindenburg Research reveals a short position in Block Inc. Block says it’s exploring legal action against the short seller. Wall Street has a consensus overweight...