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For informational purposes only. Individuals and entities should not construe any information on this site as investment, financial, legal, tax, accounting or other advice. Information provided does not constitute a recommendation or endorsement by BitcoinNews.com to buy or sell bitcoin, cryptocurrencies or other financial instruments. Forecasts are inherently limited and cannot be relied upon. Do your own research and consult a professional advisor. The opinion of authors do not reflect those of BitcoinNews.com 

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Custodia Bank | Bitcoin Companies

BitcoinNews.com is not investment advice.

Opinions expressed are entirely their own and do not necessarily reflect those of BitcoinNews.com

For informational purposes only. Individuals and entities should not construe any information on this site as investment, financial, legal, tax, accounting or other advice. Information provided does not constitute a recommendation or endorsement by BitcoinNews.com to buy or sell bitcoin, cryptocurrencies or other financial instruments. Forecasts are inherently limited and cannot be relied upon. Do your own research and consult a professional advisor. The opinion of authors do not reflect those of BitcoinNews.com 

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CME Bitcoin Futures | Rising Open Interest

BitcoinNews.com is not investment advice.

Opinions expressed are entirely their own and do not necessarily reflect those of BitcoinNews.com

For informational purposes only. Individuals and entities should not construe any information on this site as investment, financial, legal, tax, accounting or other advice. Information provided does not constitute a recommendation or endorsement by BitcoinNews.com to buy or sell bitcoin, cryptocurrencies or other financial instruments. Forecasts are inherently limited and cannot be relied upon. Do your own research and consult a professional advisor. The opinion of authors do not reflect those of BitcoinNews.com 

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Cathie Wood’s ARK bags 1.1M Robinhood shares in one day

ARK Invest, the investment firm founded by major Bitcoin (BTC) advocate Cathie Wood, is actively accumulating stock of the crypto-friendly app Robinhood (HOOD).

On Nov. 8, ARK made a massive Robinhood stock purchase, bagging a total of 1.1 million shares for about $9.5 million in one day, according to a trade notification seen by Cointelegraph.

The purchase involved three innovation exchange-traded funds (ETF) managed by ARK, including ARK Innovation ETF (ARKK), ARK Next Generation Internet ETF (ARKW) and ARK Fintech Innovation ETF (ARKF).

ARKK has allocated the biggest amount of shares in the purchase, buying 888,500 HOOD shares, or 78% of the entire daily buy. ARKW and ARKF allocated…

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Ark Invest and 21Shares partner to launch digital asset ETF suite

Investment management firm Ark Invest, led by pro-Bitcoin investment veteran Cathie Wood, has collaborated with exchange-traded product (ETP) provider 21Shares to launch a new suite of digital asset exchange-traded funds (ETFs). The move aims to provide a “robust set of options” for investors looking to get digital assets into their trading portfolio. 

The countdown begins: today, 21Shares and ARK Invest announce the upcoming launch the ARK and 21Shares Digital Asset ETF Suite.

The ETF suite uses crypto-specific insights alongside traditional indicators. pic.twitter.com/dkg8aTCtVR

— 21Shares Funds (@21shares_funds) November 8, 2023

According to the 21Shares website, the companies will…

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Nigeria’s 3MTT program draws 1M+ applicants, introduces AI course

Nigeria’s Minister of Communications, Innovation, and Digital Economy, Bosun Tijani, said the 3 Million Technical Talent (3MTT) program’s million applicants will undergo an introductory artificial intelligence (AI) course.

The minister shared this information on X (formerly known as Twitter) on Wednesday, adding that all applicants are being onboarded onto the platform before the selection of the initial cohort of 30,000 fellows.

Tijani said on Nov. 6 that program applications had surpassed a million and told applicants to expect further instructions via email. Those who received and confirmed the email are currently undergoing onboarding on the fellow platform.

Tijani said several…

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Chinese president calls for unity on AI challenges and cyber development

Chinese President Xi Jinping addressed an audience on Nov. 8 at the World Internet Conference Summit in Wuzhen, China calling for international cooperation on risks posed by artificial intelligence (AI). 

Xi’s speech, pre-recorded and broadcast at the conference, stressed the need for “deepened” exchanges and cooperation to “jointly advance the building of a community with a shared future in cyberspace to a new stage.”

Chinese President Xi Jinping addressing the World Internet Conference Summit 2023. Source: CCTV

“As the internet becomes a new driving force of development, a new frontier of ensuring security, and a new platform for mutual learning between civilizations,” he…

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India trained 3,000 police officials on crypto investigations in 2022–2023

The annual report from India’s Ministry of Home Affairs (MHA) revealed that officials from various cybercrime and police departments were trained in cryptocurrency forensics and investigation during the financial year 2022–2023.

The MHA highlighted that, under the Narcotics Control Bureau — India’s central law enforcement and intelligence agency — 141 officers were trained on the investigations of darknet and cryptocurrencies and other workshops related to digital footprints and gathering intelligence and evidence from open source and social media, to name a few.

Additionally, the Indian Cyber Crime Coordination Centre trained more than 2,800 cyber police officials in crypto…

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Taiwan determines new suspects in alleged fraud — Report

The saga of the imploded cryptocurrency exchange JPEX continues to develop as Taiwan prosecutors have reportedly found new alleged suspects.

The Taipei District Prosecutors Office (TDPO) requested Chang Tung-ying, the chief partner at JPEX’s office in Taiwan, to be held in custody over alleged fraud, the local TV channel TVBS News reported on Nov. 9.

Taipei prosecutors reportedly searched nine locations related to the JPEX investigation and summoned Chang and three other alleged suspects. The authorities identified Chang and JPEX lecturer Shih Yu-sheng (also called Shi Yu) as suspects in the case for violating the Banking Act and the Money Laundering Control Act.

Other defendants were…

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LATEST: Standard Chartered and SBI Holdings to Invest $100 Million in Crypto Startups

SC Ventures, the investment arm of Standard Chartered bank, and SBI Holdings, the Japanese financial conglomerate, have announced their collaboration to establish a $100 million cryptocurrency investment vehicle in the United Arab Emirates. The joint venture will focus on various crypto sectors, including decentralized finance, tokenization, infrastructure, payments, and the metaverse, aiming to invest globally from seed to Series C funding rounds. This development coincides with the crypto market’s recovery, particularly with Bitcoin’s year-to-date gain of over 120%, potentially signaling renewed interest amid expectations of an upcoming spot Bitcoin ETF approval in early 2023.