Ark Invest Spends $7M to Buy Shares of Jack Dorsey’s Block
Ark Invest funds have acquired 92,165 shares of Jack Dorsey’s Block for a reported $6.4 million, with ARK Innovation ETF (ARKK) buying the most (77,991 shares).
Coinbase Resumes USDC Exchange for US dollars
Coinbase has resumed operations for the exchange of USDC stablecoin for the US dollar.
OKCoin Suspends USD Deposits
OKCoin has announced it has temporarily stopped accepting dollar deposits due to banking sector issues.
Binance Transfers $1B from BUSD to Bitcoin and Ether
Binance has announced its intention to convert $1 billion of its Industry Recovery Initiative fund assets into Bitcoin, Ether and BNB.
Binance Unveils Data on its Reserves
A group of US senators has called on the management of Binance and its US affiliate Binance US to provide financial statements.
Bankrupt Exchange FTX Files a Lawsuit Against Grayscale Investments
FTX has filed a lawsuit against Grayscale Investments, accusing the firm of mismanagement of funds and violation of a trust agreement.
Crypto Exchange Binance Expands Asset Representation in Proof-of-Reserves to Include 24 Assets
Binance has expanded its Proof-of-Reserves service to include 24 different assets.
