News – Archive
Solana’s SOL Token Gains Despite Hack
Early on Wednesday, Solana’s SOL token managed to hold on to a crucial support level despite a multi-million dollar platform attack that caused some investors to express annoyance by suggesting they could consider shorting the coin.
The breach on cryptocurrency platform Solana that emptied thousands of user wallets (more than 8,000 as of writing time) wasn’t the consequence of a significant system malfunction. It was probably brought on by…
| $SOL, Altcoins, Cryptocurrencies, dApps, Front page, News, Wallets
Coinbase rises strongly by offering staking
Coinbase Global (COIN 7.22 percent) jumped as much as 11 percent and was trading 10.6 percent higher.
Tuesday saw the crypto market turn bullish as investors returned to riskier assets. On Monday after the market closed and on Tuesday morning, earnings were very favorable, and this is propelling risky assets higher today.
Coinbase Prime subscribers, who are often institutional investors, now have the opportunity to stake their coins. Th…
ARK Invest sells 1.4 million Coinbase shares amid an SEC investigation
The third-biggest stakeholder of the largest cryptocurrency exchange in the United States sold roughly $75 million worth of more than 1.41 million shares.
Cathie Wood is departing from Coinbase (COIN) after accumulating shares of the cryptocurrency exchange progressively over the course of the year.
Cathie Wood’s investment business, Ark Invest, sold more than 1.4 million Coinbase Global (COIN) shares on Tuesday, according to the compan…