Ark Invest made $3.9 million on Tuesday by buying an additional 19,892 Coinbase shares across three exchange-traded funds (ETFs) to rebalance the fund’s weightings following Monday’s market crash.The investment firm led by Cathy Wood bought 13,833 shares worth $2.7 million in the Innovation ETF (ARKK), 2,743 shares worth $533,000 in the Next Generation Internet ETF (ARKW), and 3,316 shares worth $644,000 in the Fintech Innovation ETF (ARKF), according to Ark’s latest trading filing.The latest acquisition follows $17.8 million worth of Coinbase shares that Ark bought with the same fund on Monday. This is the first time the company has bought…
Author: Crypto Flexs
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Louisa Crawford Aug 7, 2024 09:16 The HKMA warns the public about phishing messages and fraudulent websites linked to Octopus Cards Limited. If your personal information has been shared, you are urged to take immediate action. The Hong Kong Monetary Authority (HKMA) has issued a public warning about phishing messages and fraudulent websites related to Octopus Cards Limited. This warning aims to inform and protect users from potential cyber threats. Details of phishing threats According to the HKMA, Octopus Cards Limited has reported instances of phishing messages and fraudulent websites designed to trick users…
Token prices plummeted as cryptocurrency markets plunged over the weekend. Justin sun Shrug one’s shoulders crash ~like fear$1 billion launch Prevent FUD accumulation. Zhao Changfeng Similar initiatives have been introduced since FTX. fallen. While seasoned digital asset investors are familiar with cryptocurrency crashes, this weekend’s decline was particularly severe, with most of the top 100 tokens suffering double-digit percentage losses. Analysts attributed the crash to a number of factors, including forced selling due to the unwinding of the yen carry trade and increased uncertainty due to Middle East tensions.However, Tron founder Justin Sun took a different stance. Ignoring macroeconomic and…
Governance • August 7, 2024 4:52 AM EDT Posted 1 minute earlier In ~ MonkeDAO, a decentralized community for holders of Solana’s Monkey Business Gen2 NFTs, has recently launched an internal investigation after allegations were raised about a mismatch in funds in its vault, the DAO’s general counsel Ariel Gibner wrote in a post Tuesday.“MonkeDAO has become aware of recent allegations regarding a discrepancy between MonkeDAO validator revenues and funds allocated to the treasury.” Givner said. The core issue lies in the discrepancy between the income generated by MonkeDAO validators and the amount of funds allocated to the DAO treasury.…
Get ready for the new school year with ease using cryptocurrency gift cards from Best Buy, Gap, and Adidas. Whether you’re shopping for the latest tech gadgets, stylish apparel, or athletic gear, these gift cards offer the convenience and flexibility you need to get ready for back to school. Embrace the simplicity of using cryptocurrency to purchase all your school essentials and start the school year off on a smooth and efficient note.Simplify your school supply shopping with easy-to-use cryptocurrency gift cards for tech, apparel, and sporting goods.AdidasGet your students ready for the new school year with top-quality athletic apparel…
Jessie A Ellis Aug 7, 2024 07:51 Immutable (IMX) has seen significant growth with 2 million Passport subscribers, new game titles, and entry into the Japanese market in July 2024. According to Immutable.com, Immutable (IMX) achieved a significant milestone in July 2024, marking a period of significant growth and strategic expansion. The platform reached 2 million Passport subscribers, surpassed 2.5 million monthly active users, and doubled daily transactions. Immutable also established global partnerships and brought several new game titles to the platform. Immutable Enters Japan with Partnerships with QAQA and DM2C Studio Immutable has…
After President Joe Biden decided not to run, Kamala Harris declared her candidacy for president, but her stance on cryptocurrencies remains unclear. However, recent appointments suggest a shift toward a more supportive approach may be in the offing.Harris has appointed David Plouffe, a former Obama aide and former member of the Binance Global Advisory Board, as her chief strategy officer. Reuters It was reported on Friday. Before joining Harris’ team last week, Plouffe served as a global strategic advisor at Alchemy Pay, contributing to the company’s strategy, compliance and government relations.Harris also reportedly hired Brian Nelson, a former deputy assistant…
Cryptocurrency exchange Coinbase has added trading support for Stader (SD), a non-custodial, multi-chain liquid staking platform. Coinbase announced that SD is now available on Coinbase.com and the Coinbase iOS and Android apps. Coinbase put SD on its listing “roadmap” last month, suggesting a possible future listing for the digital asset, sparking a significant rally in the token. Stader originally intended to provide a liquid staking solution on the Terra blockchain, but expanded to other chains following the collapse of the Terra ecosystem in 2022. Recently, the Stader community voted to reduce the SD supply from 150 million to 120 million…
On Tuesday, U.S. spot Bitcoin exchange-traded funds (ETFs) continued their downward trend, recording a net outflow of $148.5 million.According to SoSoValue data, Fidelity’s FBTC led outflows among 12 Bitcoin funds yesterday, with $64.48 million. Grayscale’s Convertible GBTC fund reported outflows of $32.18 million, while Ark Invest and 21Shares’ ARKB had net outflows of $28.88 million. Franklin Templeton’s Bitcoin fund also lost $23 million on Tuesday.BlackRock’s IBIT, the largest spot Bitcoin ETF by net asset value, reported zero flows yesterday along with seven other ETFs. On Tuesday, $2.2 billion worth of funds traded in spot Bitcoin ETFs. Since launching in January,…
Caroline Bishop Aug 7, 2024 04:12 Binance introduces new benefits for Earn Wednesday, offering various rewards on Wednesdays including Simple Earn, ETH Staking, Dual Investment, and more. The world-renowned cryptocurrency exchange Binance has announced the launch of new limited-time offers as part of its Earn Wednesday program. According to Binance, these offers will give users the opportunity to earn rewards on a variety of products, including Simple Earn, ETH Staking, and Dual Investment.Popular limited time specialsBinance’s latest initiative introduces flexible and locked products that are available on a first-come, first-served basis. Users are advised…