Cathie Wood’s ARK Invest dumps $36M of Robinhood stock
ARK’s $36 million Robinhood sale came amid the stock price surging more than 100% year-to-date and posting multiyear highs. Go to Source
Investments
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Survey Shows 34.6% of Young Investors in Brazil Hold Cryptocurrency in Their Portfolios
A survey conducted by Rico, an investment platform in Brazil, revealed young investors’ preference for cryptocurrency as an investment tool. According to the results, 34.6% of all investors aged 24 to 35 held crypto in their portfolios, making it the fourth most popular investment behind savings, fixed-income products, and stocks. Young Investors in Brazil Have … Read more
Gold hits new high as Bitcoin rallies to month high at above $64K
Gold gains more than 5% in a fortnight, reaching a record high driven by rate cuts and geopolitical tension. Go to Source
CertiK Ventures discloses $45M investment plan to boost Web3
In addition to CertiK Ventures’ $45 million investment plan, CertiK also announced the launch of free community tools including Token Scan and Wallet Scan. Go to Source
Inside the Pig Butchering Scam: Real Stories from Victims
The latest Cointelegraph video discusses one of the most dangerous crypto scams, ‘Pig Butchering,’ where victims are lured into fake investment schemes. Go to Source
Bitcoin ETF security concerns mount after FBI warns of North Korean hackers
North Korean hackers are reportedly targeting the billions of dollars in BTC and ETH held by crypto ETF custodians. Go to Source
Vitalik says ‘at present’ his donations yield better gains than investments
The commentary came as the Ethereum co-founder denies allegations that he’s cashing out crypto for profit. Go to Source
Central banks buying gold at record levels, but Bitcoin still outperforms
Central banks bought a record 483 tonnes of gold in the first half of 2024, driving the asset to an all-time high. Go to Source
Plastic Surgery Fails to Help Crypto Scammer Evade Arrest After 10 Months
South Korean police arrested a man in his 40s for orchestrating a cryptocurrency scam that defrauded 158 investors of 16 billion won ($12 million). Operating from November 2021 to June 2022, he promised an 18% monthly return on investments in a fake cryptocurrency mining business. The scam resulted in individual losses ranging from 1.2 million … Read more
Payments in National Currencies Surge to 92% Among SCO Members
Payments in national currencies among Shanghai Cooperation Organization (SCO) members have reportedly increased from 40% in 2022 to 92%, signaling a move away from reliance on the U.S. dollar. Similar to the BRICS economic bloc, the SCO, which includes Russia, China, India, and recently added Iran, is encouraging the use of local currencies to strengthen … Read more
