Reddit Is Invested In Bitcoin and Ethereum, SEC Filing Shows

Reddit Is Invested In Bitcoin and Ethereum, SEC Filing Shows

Social media platform Reddit filed an S-1 registration statement with the Securities and Exchange Commission (SEC) on Thursday in a bid to go public on the New York Stock Exchange (NYSE). The filing revealed that the company had invested some of its “excess cash reserves” into multiple cryptocurrencies, including Bitcoin (BTC) and Ethereum (ETH). According […]

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Gauntlet Will End Contract With AAVE DAO

Gauntlet Will End Contract With AAVE DAO

Aave, the popular decentralized lending platform belonging to the company now known as Avara, will have to look for a new company to provide risk management services following its recently announced split with Gauntlet. The decision was announced by Gauntlet co-founder John Morrow on the AAVE forums yesterday evening. Running The Gauntlet According to Morrow,

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Japanese Mega-firms Mitsubishi UFJ, Rakuten, Mizuho to Launch Security Tokens Offering

Japanese Mega-firms Mitsubishi UFJ, Rakuten, Mizuho to Launch Security Tokens Offering

Last updated: February 22, 2024 18:30 EST | 1 min read Security tokens are set for a boost in Japan, where business giants including Mitsubishi UFJ, Mizuho Bank, and Rakuten will launch an offering that pays interest in “electronic money.” In a press release, the firms explained that the new ST offering will take place on

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Bitcoin ETFs Return To Outflows Amid GBTC Sale Revival

Bitcoin ETFs Return To Outflows Amid GBTC Sale Revival

Last updated: February 22, 2024 17:59 EST | 1 min read Source: AdobeStockBitcoin ETFs had their first day of net negative outflows for the month of February on Wednesday– a possible sign that hype around the investment vehicles is starting to die down. According to data compiled from BitMEX Research, the Grayscale Bitcoin Trust (GBTC)

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Reddit Holds Bitcoin (BTC) and Ether (ETH), According to IPO Filing

Reddit Holds Bitcoin (BTC) and Ether (ETH), According to IPO Filing

Last updated: February 22, 2024 16:53 EST | 1 min read Source: DALL·E Household social media platform Reddit holds Bitcoin (BTC) and Ether (ETH), according to a public IPO filing. The disclosure comes after Reddit filed to go public with the Securities and Exchange Commission (SEC) under the ticker “RDDT”. RDDT is expected to start

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Fairshake Super PAC Receives $4.9 Million Funding from Winklevoss Twins

Fairshake Super PAC Receives $4.9 Million Funding from Winklevoss Twins

Fairshake, a Super PAC supporting candidates favorable to cryptocurrency and blockchain technology, has garnered $4.9 million in funding, with contributions from billionaire brothers Cameron and Tyler Winklevoss. The Winklevoss twins, known for co-founding the Gemini exchange and their significant Bitcoin investments, were early backers of Fairshake. The initial investment dates back to December 18, 2023.

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Arthur Hayes Says Cardano Is A ‘Shitcoin’ – Here’s Why

Arthur Hayes Says Cardano Is A ‘Shitcoin’ – Here’s Why

Cardano (ADA) is a “shitcoin” without purpose that has no distinct advantage over competitors, according to BitMEX co-founder Arthur Hayes. “Who gives a fuck? Zero?” said Hayes when asked “What about Cardano?” in an interview with Coin Bureau published on Sunday. Continuing to describe the cryptocurrency – a top ten digital asset by market cap

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Montenegro Court Approves Do Kwon’s Extradition to the United States: Report

Montenegro Court Approves Do Kwon’s Extradition to the United States: Report

Nearly a year after his arrest in Montenegro, Terraform Labs co-founder and former CEO Do Kwon is reportedly set to be extradited to the United States to face criminal charges. Both the United States and South Korea previously submitted extradition requests to Montenegro officials. According to local news outlet Pobjeda, on Feb. 21, the Podgorica

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Citrea, Bitcoin’s First ZK Rollup, Announces $2.7M Seed Funding

Citrea, Bitcoin’s First ZK Rollup, Announces $2.7M Seed Funding

[PRESS RELEASE – Grand Cayman, Cayman Islands, February 21st, 2024] Citrea is the first rollup that enhances the capabilities of Bitcoin blockspace with zero knowledge technology, enabling developers to build everything on Bitcoin. Citrea is thrilled to announce $2.7M in seed funding, led by Galaxy, with the participation from notable investors such as Delphi Ventures,

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South Korean Crypto Chat App Channel Scams on the Rise, Warn Police

South Korean Crypto Chat App Channel Scams on the Rise, Warn Police

Last updated: February 21, 2024 18:30 EST | 2 min read South Korean crypto scammers are targeting chat app users on trading- and investment-themed channels, police warned on February 21. Per News1 and Daejon Ilbo, the Sejong South Police Station announced it was investigating multiple cases. The agency said that it had “received about 20

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