Cathie Wood’s Ark Invest reduced positions in four crypto-linked companies on Wednesday, selling shares of Bitmine Immersion Technologies (BMNR), Block (XYZ), Bullish (BLSH) and Robinhood (HOOD) as each stock ended…
Business
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Tokenized traditional finance (TradFi) assets traded across six major cryptocurrency exchanges expanded to $6.59 billion by the end of June, according to a CoinGecko report published Wednesday, highlighting rapid growth…
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Flipster, a global cryptocurrency trading platform, has secured a full operational Exchange licence from Dubai’s Virtual Assets Regulatory Authority (VARA), allowing the company to offer regulated virtual asset services in…
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Payward, the parent company of Kraken, has signed a definitive agreement to acquire the wallet-as-a-service business of Magic Labs, adding embedded non-custodial wallet infrastructure to its enterprise platform and expanding…
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Ripple has launched Ripple Mint, a unified platform that gives institutional customers a single interface to access, mint, redeem, and manage Ripple USD (RLUSD) through either a web console or…
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Intel Corporation (NASDAQ:INTC) beat Wall Street on revenue, earnings, margin and guidance in the second quarter and still reported a net loss of $11 billion. The chipmaker posted revenue of $16.13…
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South Korean crypto exchange Korbit said Mirae Asset Consulting, part of Mirae Asset Group, which oversees more than $1 trillion in assets under management, has become its largest shareholder after…
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Oil climbed to a six-week high on Wednesday as a threatened Houthi naval blockade of Saudi Arabia pushed a second Middle East shipping chokepoint into the market’s risk calculation. Brent…
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FinWise Bancorp has acquired the technology platform behind its co-branded credit card programs, ending a nine-month arrangement in which a third party ran the infrastructure and shared the economics. The…
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