Asset managers Ark Invest and 21Shares have announced a collaboration to enhance transparency for their ARK 21Shares Bitcoin ETF (ARKB) by integrating Chainlink’s Proof of Reserve platform to verify holdings data. Announced Wednesday, the Chainlink integration aims to provide investors with real-time, verifiable insights into the ETF’s holdings. Ark Invest and 21Shares Integrate Chainlink to Enhance Transparency and Security for ...
Authorities in Nigeria have detained two senior Binance executives and confiscated their passports as the country cracks down on crypto exchanges. The Financial Times reported Wednesday that the two executives traveled to Nigeria after the country decided to prohibit multiple crypto websites. However, upon their arrival, the office of Nigeria’s national security adviser reportedly apprehended them. It is currently unclear ...
Marathon Digital, a prominent Bitcoin (BTC) mining company based in the United States, has seen a remarkable surge in revenue in 2023, leading the company to achieve substantial profitability. On Wednesday, Marathon Digital unveiled its fourth-quarter and annual earnings report, revealing a record-breaking revenue of $387.5 million in 2023, a staggering 229% increase compared to the previous year. “2023 was a record-breaking year for ...
Portofino Technologies announced on Tuesday that its UK entity received the regulatory permit to act as a registered crypto asset firm. The company stated that its UK subsidiary has been listed as a crypto asset by the Financial Conduct Authority (FCA). Portofino Technologies will expand its services as it is now able to trade cryptocurrencies with institutional clients. The company ...
Crypto exchange Uphold has warned customers that phishing scam emails posing as the company are trying to fleece users of the keys to their Bitcoin wallets. “An SMS phishing message was sent to a small number of Uphold customers yesterday encouraging them to link self-custody wallets to a fake Uphold website in return for a crypto loyalty payment,” wrote the ...
South Korean police continue to wage “war” on crypto-powered drug trafficking, with officers in the capital Seoul making 452 arrests from June 2022 to December 2023. Per the media outlet Money Today, police arrested three suspected drug dealers. Officers also charged 445 buyers and four illegal “cryptoasset trading platform operators.” South Korean Police in Uphill Struggle Against Crypto-powered Drug Crime? ...
The popular cryptocurrency exchange Coinbase experienced a major outage today, causing a brief dip in Bitcoin’s price. Interestingly, this crash has fueled fresh speculation about a potential Bitcoin bull run. The market appears to be drawing parallels with previous Coinbase crashes, which preceded major surges in Bitcoin’s price. Between 12:15 PM ET and 12:30 PM ET today, Bitcoin’s price experienced ...
Bitcoin surged to an all-time high against the Chinese Yuan (CNY) today, propelled by a recent rally and growing anticipation surrounding the Bitcoin halving event. Bitcoin’s Value Fluctuates Across Global Markets In a recent post on X (formerly Twitter), Lex—a Bitcoin supporter—highlighted that Bitcoin’s recent all-time high reflects the failure of various central banks’ monetary policies. Bitcoin ATH in Chinese ...
Bitcoin (BTC)’s run higher accelerated on Wednesday, with the cryptocurrency briefly pushing as high as $64,000 before quickly correcting back to $61,000. With a surge beyond all-time highs around $69,000 on the horizon, Bitcoin is undoubtedly a candidate for best crypto to buy today and should be a key part of any crypto investor’s portfolio. Demand for spot Bitcoin ETFs ...
Top Crypto Gainers Today on DEXTools Bitcoin stole the headlines on Wednesday after briefly surging to $64,000, before an abrupt reversal back to $60,000 eroded intra-day gains back to about 5.5%, while traders hunting fast exponential gains continue to turn to the on-chain shitcoin markets in the hunt for top crypto gainers today. BTC is up 5.5% today and around ...