Investments
Bakkt to Shift Focus to B2B Technology Solutions
Bakkt said it would continue to provide crypto and loyalty experiences via SaaS and API solutions on a secure platform.
SEC to Keep Close Watch on Crypto Brokers and Advisers
The SEC stated the 2023 review goals would ensure crypto brokers and advisors follow "respectful standards of care."
CEO Sues Board Members for Seizing Control of Crypto Miner
Layer1 Technologies CEO John Harney sued two board members for profiting from mining activities.
Investors Interested in Digital Assets Despite Volatile Market
Bitcoin attracted $69 million in inflows, 90% of the week's total, according to CoinShares.
WisdomTree cryptocurrency funds lose value in fourth quarter
Despite rising revenues and fund inflows, the $82 billion fund manager posted a fourth-quarter net loss.
SEC Probes Investment Advisers Offering Crypto Custody Without Proper Qualification
After the fall of FTX and the Ripple lawsuit in 2022, the U.S. Securities and Exchange Commission (SEC) is now looking into Wall Street corporations that may be violating custody regulations.
U.S. Federal prosecutors allege that Sam Bankman-Fried has used money from FTX exchange to invest in the VC
SBF contributed $400 million in Modulo Capital. Prosecutors believe Modulo investment was made using stolen or illegal funds.
ARK Invest CEO: Crypto Assets Will See Huge Turn
ARK Invest CEO Cathie Wood predicts 2% inflation. Due to diminishing money supply, Wood expects inflation to go below this level and potentially into negative territory. The business recently sold its Grayscale Bitcoin Trust (GBTC) shares and bought 320,000 Coinbase shares for $17.6 million.
Crypto Adoption Among Women on the Rise
A new poll suggests crypto is recruiting women. According to eToro's e-Survey of 10,000+ crypto investors, women's ownership climbed from 29% to 34% in Q4 2022.
Binance CEO Estimates that the Firm May Spend Over $1B on Deals by the End of 2022
Changpeng Zhao, the CEO of global leading digital-asset platform Binance has announced that the firm may spend more than $1 billion on investment by the end of 2022