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Bankrupt Crypto Lender Genesis Global Seeks Approval to Sell $1.6B of Trust Assets
By Steve Muchoki
• 3 mins read
The motion to liquidate Genesis assets at Grayscale Investment has been supported by Gemini that is seeking to repay the affected Earn Program customers.
Valkyrie Investments Successfully Adds BitGo as Second Bitcoin ETF Custodian
By Steve Muchoki
• 3 mins read
The Valkyrie Bitcoin Fund (BRRR) is the first spot BTC ETF to have two custodians including Coinbase and BitGo in a bid to ensure optimal security and higher competitiveness.
Open Exchange (OPNX) Set to Shut Down All Operations by February 14
By Steve Muchoki
• 3 mins read
The closure of the OPNX cryptocurrency exchange does not have a detrimental impact on Bitcoin (BTC) and Ethereum (ETH) prices.
ARK Invest Says Optimal Bitcoin Portfolio Allocation for 2023 Was 19.4%, Up from 0.5% in 2015
By Steve Muchoki
• 3 mins read
Cathie Wood-led Ark Invest believes Bitcoin price will rally exponentially in the confirmed bull cycle as more investable global assets amounting to $250 trillion proliferate to the digital asset class.
Tether Reports Record $2.85B Profit as Biggest Stablecoin Nears $100B Market Cap
By Steve Muchoki
• 3 mins read
Tether reported an excess equity of $5.4 billion and cash equivalent cover of 90% of all issued tokens during the fourth quarter of 2023.
SUI Price Hits New All-Time High, Enters Top 10 DeFi Blockchains by TVL Metric
By Steve Muchoki
• 3 mins read
Sui has been among the top performers in the cryptocurrency market as of late, fueled by a notable spike in its on-chain DeFi activity and rising trading volume.
Web3 Social Game Forgotten Playland Completes $7M in Seed Round
By Steve Muchoki
• 3 mins read
With several products in the pipeline, the Forgotten Playland team is confident the ecosystem will grow exponentially in the coming years.
Anthony Scaramucci: Bitcoin Will Reach $170,000 After Halving 2024 Fueled by Institutional Demand
By Steve Muchoki
• 3 mins read
As BTC established a bullish cycle every four years, Scaramucci believes Bitcoin price will rally 4X at the time of halving.
PayPal Unveils New AI-powered Products to Redefine Global Payments Between Merchants and Customers
By Steve Muchoki
• 3 mins read
PayPal CEO Alex Chriss revealed that the company will tap into the vast data collected from customers and merchants to teach its AI for the mutual benefit of all parties.
Finnish Authorities Connect Monero (XMR) Transactions to Vastaamo Data Breach
By Steve Muchoki
• 3 mins read
Although the Finnish authorities did not reveal the method used in analyzing Monero, Julius Aleksanteri Kivimäki has been confirmed as the key figure behind the Vastaamo data breach.