Top Stories
Binance Extends Market Share for Fourth Consecutive Month
Binance, the world’s largest crypto exchange by trading volume, has extended its spot market share across crypto exchanges for a fourth consecutive month.
Cathie Wood’s Ark Invest Buys More Coinbase and Robinhood
Ark Invest added to its stockpile of shares in exchanges Coinbase and Robinhood yesterday. According to an emailed trade notification, 47,568 shares in Coinbase were added to the flagship Ark Innovation ETF. In comparison, 8,031 shares were added to the Ark Next Generation Internet ETF — which also saw 1.06 million Robinhood shares purchased.
Judge Approves Voyager’s Deal With Binance.US, Snubs SEC
In an unexpected turn of events, Voyager Digital has received the court’s approval to go through with their deal with Binance US, according to Bloomberg. The deal would allow Voyager’s investors to recoup between 50-73% of their holdings, contingent on the outcome of Alameda’s lawsuit against Voyager – and the recent appreciation in the value of crypto assets nearly across the board.
Nearly 40,000 Bitcoins Belonging to US Government Are on the Move
On-chain data provider Glassnode recently reported that nearly 40,000 Bitcoins from wallets linked to the US Government law enforcement seizures are currently on the move. While a majority of them appear to be internal transfers, some of them have also moved to the crypto exchange Coinbase.
Russian Crypto Advocates Urge Putin To Stop Regulatory Hostility
As Russia continues to delay the adoption of cryptocurrency regulations, local advocates have appealed to Russian president Vladimir Putin to change the government’s approach to regulating the market.
Market Watch
As of press time, according to Cointime data:
BTC 's live price is $22,004.96 USD, dropped by 1.54% in the last 24 hours;
ETH’s live price is $1,551.76 USD, dropped by 0.68% in the last 24 hours;
BNB’s live price is $286.70 USD, jumped by 0.29% in the last 24 hours;
XRP's live price is $0.3943 USD, jumped by 5.61% in the last 24 hours.
Fundraising News
Hexa Raises $20.5 Million to Take Real Objects to the Metaverse
Hexa, a 3D modeling company, has announced the results of its Series A funding round, raising raised $20.5 million. The round, which saw the participation of Point72 Ventures, Samurai Incubate, Sarona Partners, and HTC, will allow the company to extend its current workforce to tend to the growing number of customers seeking its services, which tripled this year.
OKX Ventures Announces the Strategic Investment in Scroll, a zkEVM-Based zkRollup on Ethereum
OKX Ventures announces the strategic investment in Scroll, a zkEVM-based zkRollup on Ethereum. Scroll enables native compatibility for existing Ethereum applications and tools.
Animoca Brands Japan Invests in Global Entertainment Company Rainshine Global Inc.
Rainshine Global has a strong track record in creating and distributing content, with a particular focus on Web3 content and a presence in India, the United States, the United Kingdom, the Middle East, and Southeast Asia. With Animoca Brands Japan's strategic investment in Rainshine Global, the two companies aim to build a gateway for Japanese intellectual properties (IPs) to reach new global markets. In addition, original anime IPs from Rainshine Global's content vault will be brought to Japan, providing a significant boost to the global growth plans of IP owners in Japan.
Crypto Payroll Startup Toku Raises $20 Million As Blockchain Firms Lean Into Compliance
On Wednesday, Toku announced it’s raised $20 million in an initial round led by Blockchain Capital and other investors, including the law firm Orrick and the founders of Protocol Labs and infrastructure firm Alchemy.
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