Cathie Wood’s Ark Invest sold 526,991 Block Inc. shares, worth about $29.1 million, in the past two trading days as it rebalanced its fund allocations.The firm’s latest trade filing showed that the ARK Innovation ETF (ARKK) offloaded 203,659 Block In

An Ethereum Foundation spokesperson took to social media on Tuesday to deny a claim that the organization had transferred $57 million of ETH to Maker.This came after Monday night when the blockchain research channel Lookonchain posted to X that "a wa

Deribit, the leading crypto options exchange, has launched a Block Request-For-Quote (RFQ) interface, allowing traders to execute large over-the-counter (OTC) trades with improved efficiency and liquidity.The feature, available to all users but tailo

Standard Chartered’s Geoff Kendrick has raised concerns about the near-term prospects for both bitcoin and Strategy (MSTR) as bitcoin’s price faces potential volatility near a critical support level.Kendrick pointed to the Nov. 6, 2024, price range —

The U.S. Securities and Exchange Commission agreed to drop its lawsuit against Cumberland DRW LLC, according to the firm.Cumberland said it signed a "joint filing" with the SEC to dismiss its case on Tuesday. The filing was "agreed in principle" betw

Aave Chan Initiative founder Marc Zeller posted an Aave Request for Comment (ARFC) proposal on Tuesday, seeking approval on the first phase of the "Aavenomics" update, focusing on AAVE tokenomics improvements, protocol excess revenue redistribution,

Republican House Majority Whip Tom Emmer and Democrat Ritchie Torres are pairing up to create a "Congressional Crypto Caucus" as lawmakers look to advance crypto bills in Washington.The caucus will look to bolster the U.S.'s leadership in digital ass

An Ethereum researcher has pitched a new block proposal solution that aims to democratize Ethereum’s currently centralized block building process by implementing a “shared random algorithm.”The “Decentralized Random Block Proposal” would leverage Byz

Patrick McHenry, a former Republican Congressman from North Carolina, has joined the tokenized real-world asset (RWA) firm Ondo Finance as the vice chairman of its advisory board, reports Fortune Crypto.McHenry will help Ondo foster beneficial relati

Bitcoin is on track to close February with a 21% decline, marking its second-worst February in history. The only time the digital asset performed worse was in February 2014, when it lost 30% amid the fallout from the Mt. Gox hack.Currently hovering j

SAN FRANCISCO, Feb. 27, 2025 (GLOBE NEWSWIRE) — Investors in Block, Inc. (NYSE: SQ) n/k/a began to learn of potentially adverse information about the company and its Square and Cash App platforms on Mar. 23, 2023, when Hindenburg Research publishe

The cryptocurrency exchange and derivatives exchange BitMEX is looking for a buyer and employed the independent investment bank Broadhaven Capital Partners to facilitate the sale, according to CoinDesk citing people familiar with the matter. BitMEX's

Coinbase recently dropped its fourth-quarter 2024 earnings report, which revealed some interesting trends. Total trading volume reached $400 billion, matching levels last seen during the 2021 market cycle, but with notably different participant compo

Bitcoin fell 4.1% below the $85,000 level on Wednesday night ET, continuing its downward trend from last week.The world's largest cryptocurrency slid to as low as $83,600 earlier tonight, its lowest since November 2024, before rising slightly to its

Gotbit founder and CEO Aleksei Andriunin, a Russian national, has been extradited to the United States for allegedly manipulating "cryptocurrency markets on behalf of client cryptocurrency companies," according to the U.S. Attorney's Office for the D

Ark Invest bought 41,032 Coinbase shares, worth $8.7 million, for its Next Generation Internet exchange-traded fund (ARKW) on Tuesday and offloaded $8.6 million worth of its own spot Bitcoin ETF amid the broad crypto market sell-off.It’s the first ti

Japanese investment firm Metaplanet has once again purchased additional bitcoin, this time investing $12.9 million to acquire the top cryptocurrency and continue its accumulation strategy.The Tokyo-listed firm announced on Tuesday that it purchased a

The Pectra upgrade, a major update to the Ethereum network, was activated on the Holesky test network yesterday at 4:55 pm ET.This activation occurred at epoch 115,968, marking the first major step in stress-testing this upgrade before it reaches Eth

Universal, the crypto project building a new wrapped token standard, has closed a $9 million funding round led by Andreessen Horowitz, according to pseudonymous co-founder 0xGaut. The team first decided to create “uAssets” — a method of bridging liqu

Nigerian authorities sued the crypto exchange Binance for over $79 billion in economic losses and $2 billion in back taxes, according to reports from Reuters and DL News.Nigeria's tax authority Federal Inland Revenue Service (FIRS) also claimed Binan