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Crypto Evening Briefing: Cathie Wood's ARK Buys Over $13M of Coinbase Shares

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SEC Objects to Binance.US’ $1B Voyager Deal, Alleging Sale of Unregistered Securities

A $1.02 billion deal by Binance.US to purchase assets of defunct crypto lender Voyager has been opposed by New York and Federal finance regulators, who said in Feb. 22 filings it could prove discriminatory and unlawful.

Canada Gives Crypto Companies 30 Days To Meet Updated Registration Guidelines

Cryptocurrency companies in Canada and those planning to operate in the country have 30 days to meet updated crypto registration guidelines that were released on Wednesday, or risk losing their Canadian users.

Circle Plans To Increase Workforce by 25% in 2023

USDC stablecoin issuer Circle has disclosed plans to increase its workforce by up to 25% despite canceling its deal to go public, Wall Street Journals (WSJ) reports. Circle finance chief Jeremy Fox-Geen confirmed to WSJ that the firm would utilize the available funds to focus on growth and investing in its workforce.

Crypto Analytics Firm Messari Cuts 15% of Workforce as Part of Restructuring

"Messari reduced our global workforce by 15% as part of a restructuring. This was a difficult, but long-term focused realignment that will help us better serve our customer’s data needs in the rapidly evolving economic and tech climate. We are grateful for the contributions of the employees we have parted ways with, and have provided them with a separation package to ease the transition." Messari CEO Ryan Selkis told CoinDesk.

Cathie Wood's ARK Buys Over $13M of Coinbase Shares

Investment manager ARK has added a total of around $13.2 million worth of Coinbase (COIN) shares, according to an investor email on Thursday.

Market Watch

As of press time, according to Cointime data:

BTC 's live price is $24,151.99 USD, jumped by 0.20% in the last 24 hours;

ETH’s live price is $1,662.18 USD, jumped by 1.08% in the last 24 hours;

BNB’s live price is $310.56 USD, jumped by 0.62% in the last 24 hours;

XRP's live price is $0.3925 USD, jumped by 0.33% in the last 24 hours.

Fundraising News

Galaxy Digital Closes $44M Acquisition of Self-Custody Platform GK8

Mike Novogratz's crypto-focused financial services firm Galaxy Digital has closed its acquisition of institutional self-custody platform GK8 more than two months after winning an auction to buy the company from bankrupt crypto lender Celsius. The bankruptcy and continuing bear market pressure on valuations allowed Galaxy to pick up GK8 for approximately $44 million, a more than 60% discount.

Israeli Blockchain Chip Startup Chain Reaction Raises $70 Mln

Tel Aviv-based blockchain chip startup Chain Reaction on Thursday said it raised $70 million which will be used to expand its engineering team as it develops its next chip and rolls out its first one to the market this year.

OneKey Has Closed a Series A+ Round of Funding at a Valuation of $85 Million, Led by IOSG Ventures

OneKey has closed a Series A+ round of funding at a valuation of $85 million, led by IOSG Ventures. As a team of more than 30 people, OneKey has maintained an unparalleled rate of iteration, and OneKey is also the wallet with the most supported platforms and the most complete set of features on the market.

Get the latest news here: Cointime channel — https://t.me/cointime_en

Bitcoin Bitcoin $65,023.43
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Cathie Wood Coinbase Canada SEC Circle Layoffs Galaxy Digital Binance.US
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