Cathie Wood’s ARK Invest sells $75M worth of Coinbase shares due to poor performance
Ark Invest sold off 1.41 million Coinbase shares for $75 million, citing the exchange's poor performance as the primary reason.
Read bear market crypto news and analysis, including downturn signals, investor sentiment, capitulation events, and recovery outlooks.
Users affected by Zipmex’s withdrawal freeze were requested to provide feedback to Thailand's SEC, as Zipmex faces a liquidity crisis from exposure to Celsius and Babel Finance.
An unamed party is looking at buying Zipmex, which implemented a pause on withdrawals less than a week ago.
Zhu and Davies of Three Arrows Capital recount the story behind the hedge funds rise and fall, as they prepare to relocate to Dubai.
Blockchain.com got caught up in the Three Arrows Capital fallout and downsized by 25%. The company closed its office in Argentina, and let 150 people go in total.
Gaurav Dubey, the CEO of TDeFi, says a cataclysmic economic meltdown could be good for cryptocurrencies.
Bitcoin's 59% decline during the second quarter resulted in significant losses for Tesla, MicroStrategy and Block based on their previous holdings disclosure.