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    Blockchain

    Cathie Wood’s Ark Invest Sells $7M Shares Each in Coinbase, Robinhood

    ARK Invest, the asset management firm and Bitcoin exchange-traded fund (ETF) issuer led by Bitcoin advocate Cathie Wood, has sold a significant amount of Coinbase, Robinhood, and Nvidia stocks.

    USDC Grows In Non-US Markets as Market Cap Taps $28 Billion

    The market capitalization of Circle’s USDC moved past $28 billion with a gradual increase from Q4 2023 amid wider institutional investments.

    South Korean Police Arrest ‘Multinational Gang of OTC Crypto Thieves’

    OTC crypto crime appears to be on the rise in South Korea, where police say they have arrested a “multinational gang” who allegedly locked a woman in a car before stealing cash.

    Republican Senators Propose Legislation to Prohibit CBDC: The Hill

    The U.S. Republican senators have introduced a bill aiming to ban Federal Reserve-backed central bank digital currency (CBDC).

    Atlanta Federal Reserve Warns Banks About Crypto Risks

    The Federal Reserve Bank of Atlanta has raised warning over risks associated with blockchain and cryptos.

    Hacker Behind 2023 KyberSwap Attack Moves $2.5 Million From Arbitrum to Ethereum

    The hacker behind the November 2023 attack on decentralized exchange KyberSwap has been seen moving almost $2.5 million in crypto.

    FSB To Focus on Asset Tokenization and AI, Chair Says

    The Financial Stability Board will deliver reports on asset tokenization and AI later in 2024, according to Chair Klaas Knot.

    Stablecoin Market Capitalization Hits $138 Billion as Volume Grows by 4.5% this Month

    The stablecoin market capitalization has soared 1.95% to hit $138 billion in February recording a fifth consecutive monthly growth since September 2023.

    Digital Asset Investment Funds Record $598 Million Inflows as Yearly Gains Tap $5.7 Billion

    Digital asset investment funds recorded $598 million in inflows in the last seven days as Assets Under Management (AUM) reached $67.4 billion.

    BitForex Halts Withdrawals Without Explanation, Leaves Users in Dark

    Hong Kong-based cryptocurrency exchange BitForex has faced a complete blackout since suspending its website and trading application on February 23.

    OpenSea NFT Delisting Sparks Retaliatory Move from Game Developers

    OpenSea, once a dominant force in the NFT marketplace, has hit turbulent waters.

    Polygon Spinoff Avail Secures $27M in Seed Funding From Founders Fund, Dragonfly

    Polygon spinoff Avail raised $27m in seed funding led by Peter Thiel’s Founders Fund and Dragonfly, the company announced Monday.

    Saudi Arabia Rolls Out Metaverse Initiative to Celebrate Cultural Heritage

    The Saudi Arabian government has launched a metaverse platform to display the country’s cultural heritage, including history, arts, and crafts.

    Verum Coin (VERUM) Token Listed on Tokpie

    Verum Coin (VERUM) is a BEP20 altcoin created by BitCoinPay Trade and Verum.

    Russian Parliament Set to Approve Use of ‘Digital Assets’ in International Payments

    Russian parliament members could this week approve legislation that will allow firms in the nation to use “digital financial assets” in the international payments space.

    Chinese Authority Warns of Fake Digital Yuan App Scam

    The Chinese Ministry of Industry and Information Technology (MIIT) has issued a warning about new fraudulent schemes involving counterfeit digital yuan applications.