Kava Chain Now Available on Fireblocks, Enhancing Institutional Access to DeFi Ecosystem

Kava Chain, a decentralized Cosmos-Ethereum interoperable Layer 1 blockchain, is now available on Fireblocks, an enterprise platform to manage digital asset operations and build innovative businesses on the blockchain. This integration will enable safe and secure access for Fireblocks customers to the expanding Cosmos DeFi ecosystem via the Kava Chain. Fireblocks customers will be able […]

Fireblocks and Kava Chain Partner to Bring DeFi Access to Institutional Investors

Kava Chain, a decentralized Cosmos-Ethereum interoperable Layer 1 blockchain, is now available on Fireblocks, an enterprise platform to manage digital asset operations and build innovative businesses on the blockchain. This integration will enable safe and secure access for Fireblocks customers to the expanding Cosmos DeFi ecosystem via the Kava Chain. Fireblocks customers will be able […]

Fireblocks and Kava Chain Partner to Bring DeFi Access to Institutional Investors

Kava Chain, a decentralized Cosmos-Ethereum interoperable Layer 1 blockchain, is now available on Fireblocks, an enterprise platform to manage digital asset operations and build innovative businesses on the blockchain. This integration will enable safe and secure access for Fireblocks customers to the expanding Cosmos DeFi ecosystem via the Kava Chain. Fireblocks customers will be able […]

SEC Reluctance to Approve Bitcoin ETF in US May Not be Insurmountable

The U.S. Securities and Exchange Commission (SEC) has been hesitant to approve a Bitcoin exchange-traded fund (ETF) in the United States. However, this may not be an impossible obstacle to overcome. The SEC has been reluctant to approve a Bitcoin ETF due to the lack of regulation in the cryptocurrency market. This has caused the […]

Robinhood Approved to Repurchase Bankman-Fried’s Shares for $605.7 Million

Robinhood has been approved by a federal court in the Southern District of New York to repurchase shares seized from Sam Bankman-Fried’s Emergent Fidelity Technologies for $605.7 million. Bankman-Fried had previously held a 7.6% stake in Robinhood, and had expressed enthusiasm about the company’s prospects. However, the bankruptcy of FTX led to the seizure and […]

Robinhood Repurchases $605.7 Million in Shares from US Government

Robinhood, the popular online brokerage firm, has reached an agreement with the United States Marshal Service to repurchase shares previously associated with Sam Bankman-Fried’s Emergent Fidelity Technologies, amounting to $605.7 million. The shares were seized and transferred to the U.S. government after Bankman-Fried’s FTX and Emergent filed for bankruptcy protection last year. Investors responded positively […]

Robinhood Completes $606 Million Purchase of Former FTX CEO’s Shares

Robinhood, a cryptocurrency and stock trading platform, has completed the purchase of 55,273,469 shares from former FTX CEO Sam Bankman-Fried and FTX co-founder Gary Wang. The shares, originally held by Emergent Fidelity Technologies, were seized by the U.S. Department of Justice in January. The purchase, which cost Robinhood roughly $606 million, was approved by the […]

Bitcoin Retraces Steps After Grayscale Win, Traders Brace for Volatility

Bitcoin (BTC) has returned to the $26,000 price level after a U.S. court ruled in favor of digital asset management company Grayscale Investments in its lawsuit against the Securities and Exchange Commission (SEC). The ruling ordered the SEC to vacate its decision to reject Grayscale’s application to turn its flagship fund into a spot Bitcoin […]

SEC Postpones Decision on Bitcoin ETF Applications

Bitwise Trust Fund has withdrawn its application for a Bitcoin and Ethereum Market Cap Weight Strategy exchange-traded fund (ETF) from the U.S. Securities and Exchange Commission (SEC). The company stated that no securities of the Fund were sold or will be sold, pursuant to the above-mentioned Post-Effective Amendment to the Trust’s Registration Statement. This move […]

Beware of Infamous Chisel Malware Targeting Crypto Wallets and Exchanges

The National Security Agency (NSA), Cybersecurity and Infrastructure Security Agency (CISA), Federal Bureau of Investigation (FBI) and the National Cyber Security Centre (NCSC) have issued a joint advisory report warning users to be aware of a new malware called “Infamous Chisel”. This malware is being used to target crypto wallets and exchanges, and is linked […]