Author: Cointelegraph By Helen Partz

Bitcoin Investing Made Simple!

US crypto firm BitGo wins payment license in Singapore

Before receiving the license, BitGo served users in Singapore and APAC, but the offering included only custody services from the US South Dakota Trust and hot wallets. Source link

WazirX to reverse trades after $235M crypto hack

WazirX, one of the largest crypto exchanges in India, lost $235 million to a multisig wallet security breach in July 2024. Source link

Bitstamp helps Stripe scale crypto purchases in the EU

Bitstamp entered a partnership to support Stripe’s crypto on-ramp solution in Europe a few months after Robinhood announced Bitstamp’s acquisition for $200 million. Source link

Robinhood suspends 24-hour trades for 8 hours

Robinhood’s 24-hour execution venue, Blue Ocean ATS, has its own risk controls to prevent stocks from trading more than 20%. Source link

Cathie Wood’s ARK resumes Coinbase buying as BTC drops below $50K

ARK Invest is back to buying the Coinbase stock after a long selling period. On Aug. 5, ARK bagged 28,632 COIN shares for $5.4 million. Source link

Robinhood says its 24-hour trading ‘currently operating’

Introduced in May 2023, the Robinhood 24-hour market service allows customers to invest on their own schedule. Source link

Crypto products shed $528M amid recession fears — CoinShares

As Bitcoin dropped below $50,000, analysts expect more outflows that would potentially drive prices down to $42,000. Source link

ARK buys $21M of 3iQ Ether staking ETF, dumps $14.6M in Coinbase

Cathie Wood’s ARK has resumed active trading of crypto-related stocks like Coinbase, 3iQ Ether staking ETF, Robinhood and its own spot Bitcoin ETF. Source link

Cathie Wood’s Ark sells $2.7M Coinbase shares as BTC fails $70K retest

Cathie Wood’s crypto investment firm ARK resumed selling the Coinbase stock amid the Bitcoin price push in July. Source link

Polymarket founder hints at potential fees in the future

Polymarket might add fees to its platform in the future, but it is currently focused on growing the marketplace, according to the CEO. Source link