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South Korean Pension Fund Dives Into Digital Assets With $20 Million Coinbase Investment
During the third quarter, South Korea’s National Pension Service made a significant move into the digital asset space. The service acquired approximately…
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Bitcoin Mining Revenue Hits Yearly High Amidst ETF Excitement
Bitcoin mining revenue reached a fresh yearly peak as the cryptocurrency’s value surged. The price rally coincided with growing optimism about the…
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Cathie Wood’s Ark Invest Shifts Focus: Sells $3.8 Million In $GBTC, Adds $5.6 Million In $SQ
Cathie Wood’s Ark Invest, a prominent Bitcoin advocate, has significantly changed its investment portfolio. The company sold approximately $3.8 million of Grayscale…
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FTX’s Crypto Transfer To Binance Sparks Speculation Of Debt Repayment
FTX has started transferring digital assets to Binance, prompting speculation of a potential sale to settle outstanding debts. This movement is closely…
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Binance Restricts New U.K. Users As Crypto Ad Rules Come Into Effect
Binance has announced a decision to stop new users from the U.K. The restriction started on Monday, October 16th, 2023, at 5…
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Ethereum Co-Founder Vitalik Buterin Raises Concerns Over Lido And Rocket Pool Staking Models
Ethereum co-founder, Vitalik Buterin, has voiced concerns regarding the operational mechanisms of major ETH staking pool providers. Lido and Rocket Pool were…
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Binance Is Exiting The Russian Market Due To Compliance Concerns
Crypto exchange Binance is selling its entire Russian business to CommEX as part of its exit strategy. The move is due to…
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Bybit Set To Exit UK Ahead Of Strict New Crypto Regulations
Bybit, one of the world’s major cryptocurrency exchange operators, is preparing to exit the United Kingdom. The move is set to take…
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Binance Drops Sanctioned Russian Banks From P2P Service
In a strategic move to align with the evolving global regulatory guidelines, Binance, the world’s leading crypto exchange by volume, has decided…
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PayPal Expands Crypto Services With A Dollar-Backed Stablecoin
PayPal has announced the launch of a new stablecoin, PayPal USD (PYUSD). The stablecoin is 100% backed by the U.S. dollar, short-term…