IntoTheBlock Report Reveals Withdrawal of $1.8 Billion Worth of Ethereum from Staking
A new report from cryptanalytics platform IntoTheBlock says that by the start of the week, Ethereum holders had applied to withdraw 868,631 ETH worth more than $1.8 billion from staking. Approximately 63% of the ethers pending the completion of the withdrawal operation pr ...
Ark Invest Raises $16.3 Million for New Crypto Fund
Ark Invest, the investment management firm led by Catherine Wood, has successfully raised $16.3 million for its new cryptocurrency fund. The fund will have two separate entities, with one based in the United States and the other in the Cayman Islands. The company filed the necessary documents wit ...
Instability in Banking System Threatens Stablecoins, Bitcoin and Ether Show Uptrend
The CEO of ARK Invest, Catherine Wood, has expressed her concern over the instability of the banking system and its potential impact on stablecoins, while noting the upward trend of bitcoin and ether. Wood has criticized regulators for not taking timely action to prevent a potential banking crisi ...