Author: Judith Faith

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Judith Faith

Judith Faith has been writing about cryptocurrencies and blockchain technology for over five years. She is well versed in the industry and has an extensive network of industry contacts. She is also a frequent contributor to various cryptocurrency publications. With her vast knowledge and experience, she is able to provide insightful and valuable content to her readers. Judith is also an active investor in the cryptocurrency space and has a vested interest in the success of the industry.

Articles by Judith Faith

Cathie Wood's Ark Invest

ARK Invest bets big on Coinbase with $18M purchase during price decline

1 year ago 1 min read

Cathie Wood’s Ark Invest recently purchased 268,928 Coinbase shares as the price of the cryptocurrency exchange’s shares tumbled following the Wells notice from the US Securities and Exchange Commission (SEC). The investment firm sold 160,887 Coinbase shares from its Fintech Innovation ETF before buying more shares through its ARK Innovation ETF and ARK Next Generation Internet ETF. Ark Invest spent $20.5 million to buy the shares, and by March 22, the value had spiked to close to $30 million. The firm sold 160,887 shares from the ARKF ETF for $13.5 million and acquired another 268,928 Coinbase shares worth $17.88 million

Do Kwon, the founder of Terraform Labs

Do Kwon to Face Extradition Hearing in Montenegro for Criminal Charges, According to AFP

1 year ago 1 min read

Do Kwon, the founder of Terraform Labs, has been charged with forgery in Montenegro, according to a report by AFP. Kwon is due in court on Friday for extradition proceedings, after being arrested at Podgorica airport along with another individual. The charges come in the aftermath of the collapse of stablecoin terraUSD, which caused widespread concern in the crypto markets last year. Kwon has been on the run ever since, and his arrest in Montenegro marks a significant development in the ongoing investigation into the incident. According to Montenegro’s police, a criminal complaint has been filed against Kwon and the

Federal Reserve Implements Another Interest Rate Increase, What It Could Mean for Bitcoin and the Crypto Market

Crypto Market Reacts to Latest Fed Announcement of 25 Basis Point Interest Rate Increase

1 year ago 1 min read

On March 22, the Federal Reserve announced its ninth quarter percentage points rate hike in March 2022 in its ongoing fight against inflation. Chairman Jerome Powell cautioned about the recent banking crisis and hinted that the hikes might be coming to an end. The Federal Open Market Committee stated that future rate hikes are dependent on incoming data, and the committee anticipates additional policy firming to reach a stance of monetary policy that will return inflation to 2 percent over time. Although Powell suggested that the Fed may be considering the end of the rate hike, he stressed that the

Scammers have already started targeting the Arbitrum community

Scammers target Arbitrum community with fraudulent airdrops

1 year ago 1 min read

The Ethereum layer-2 scaling solution, Arbitrum, is set to launch an airdrop of its governance token “ARB” on March 23. However, scammers have already started targeting the community with hundreds of phishing scams. The community has raised concerns about fraudulent airdrops aimed at tricking crypto users. The Arbitrum Foundation announced the airdrop on March 16, which will see 10 billion governance tokens distributed to holders to vote on code changes. The development has led to scammers setting up fake token airdrops with the intention of stealing funds from unsuspecting victims. Blockchain security firms Redefine and CertiK have warned about the

FSC Chairman Huang Tian-mu confirmed that the regulatory body will oversee the country's cryptocurrency market

Taiwan’s Financial Watchdog Set to Regulate Crypto Markets

1 year ago 1 min read

In a recent statement, Taiwan’s FSC Chairman Huang Tian-mu confirmed that the regulatory body will oversee the country’s cryptocurrency market. This comes as Taiwan strengthens its crypto regulations, with the FSC taking responsibility for regulating cryptocurrency payments and transactions. The FSC will focus on ensuring trading platforms separate crypto assets from those owned by their clients, while also supervising the platforms’ product listings and customer protection measures. Huang noted that the FSC will soon make a formal announcement and will also discuss self-regulating guidelines with domestic crypto platforms. Taiwanese lawmakers have been calling for a central agency to regulate the

Bitcoin saw a significant surge in value on March 19

Bitcoin Surges to $28k Amidst Banking Uncertainty

1 year ago 1 min read

Bitcoin, the leading cryptocurrency, saw a significant surge in value on March 19, surpassing the $28,000 zone with a 16% boost in value in the past seven days. At the time of writing, Bitcoin was trading at $28,063, indicating a 2.4% increase in the past 24 hours. The price of Bitcoin hit its highest point at $28,459 during the day before trading at $26,877 during the day’s low. The cryptocurrency gained over 37% against the US dollar this week, with a market capitalization increase of $194 billion in 2023, representing a 66% gain year-to-date. Bitcoin has outperformed Wall Street banks

Bitcoin has now been running non-stop

Zero Downtime, 10 Years Strong: Bitcoin’s Uninterrupted Performance

1 year ago 2 mins read

Bitcoin (BTC) has reached an incredible milestone that cements its place in financial history. The cryptocurrency has now been running non-stop for a decade without any downtime. This is a remarkable achievement, as it shows that the network is incredibly reliable and can operate continuously, 24 hours a day, seven days a week. The milestone was discovered through data retrieved from BitcoinUptime, shared by Reddit user Tasigur1 on March 17. According to the data, Bitcoin has run continuously for 3,650 days, making it a remarkable achievement for the cryptocurrency. Since its inception in 2009, the Bitcoin network has suffered two

Salesforce has partnered with Polygon blockchain to add NFTs

Polygon and Salesforce Collaborate to Launch Innovative NFT Management Platform

1 year ago 1 min read

Salesforce, the leading CRM software company, has partnered with Polygon blockchain to add NFTs to their suite of tools. This move marks another significant win for Polygon, which has already established partnerships with Starbucks, Reddit, and other big names. According to independent researcher Mike Sonders, Salesforce is the biggest SaaS company on a U.S. stock exchange. The partnership with Polygon will help Salesforce clients create token-based loyalty programs. The move follows a successful pilot program that involved Mattel and Crown Royal. While many top SaaS companies are exploring the NFT sandbox, there is likely more than meets the eye in

The Federal Deposit Insurance Corporation (FDIC) has denied reports that any purchaser of Signature Bank would be required to divest their crypto activities.

FDIC Rejects Report on ‘s Buyer Being Required to Sell Crypto Holdings

1 year ago 1 min read

The Federal Deposit Insurance Corporation (FDIC) has denied reports that any purchaser of Signature Bank would be required to divest their crypto activities. According to a Reuters report citing unnamed sources, “any buyer of Signature must agree to give up all the crypto business at the bank.” However, an FDIC spokesperson has denied this claim, stating that the acquirer will decide the conditions of their bid, and that the FDIC would not require divestment of crypto activities as part of any sale. In response to questions regarding the sale of Signature Bank, the FDIC spokesperson explained that the receivership does

Shiba Inu Token Tanks 10% Amid Shibarium Code Fiasco

Shiba Inu Coin Plummets 10% as Shibarium Faces Code Controversy

1 year ago 1 min read

Shiba Inu (SHIB) prices have fallen 10% in the past 24 hours, causing concern among investors and traders. This drop comes amid drama surrounding the codebase of the highly anticipated Shibarium blockchain. Last week, Shibarium released its beta version for the layer 2 network, which functions as a blockchain that mimics real-world functioning. The layer 2 network is built on top of layer 1 protocols that reduce bottlenecks with scaling and data. However, the launch was overshadowed by concerns raised by a top-ranked community member on Shiba Inu’s Discord channel. The concerns were related to Shibarium’s beta testnet using the

India's Crypto Industry Finally Gets a Chance to Interact with Lawmakers.

India’s Lawmakers Finally Engage with Crypto Industry After a Prolonged Silence

1 year ago 2 mins read

India’s cryptocurrency industry achieved a breakthrough over the weekend by successfully bringing lawmakers and members of India’s ruling party to a conference discussing Web3. The conference, titled “Namaste Web3” and hosted by Indian exchange CoinDCX, Bharat Web3, and Forbes media outlet, was held at one of New Delhi’s five-star luxury hotels. Attendees included National Vice President Baijayant Panda and former Law Minister Ravi Shankar Prasad from the ruling party, as well as a chairperson of the parliamentary standing committee on commerce and a deputy leader of the parliament’s lower house from the opposition benches. While the Indian government has privately

Biden's vow to bring those behind SVB and Signature Bank collapse to justice

Biden promises justice for victims of SVB and Signature Bank collapse

1 year ago 1 min read

On March 12, 2023, the New York District of Financial Services took possession of Signature Bank and announced the closure of Silicon Valley Bank to protect the US economy and strengthen public confidence in the banking system. This move was met with praise from US politicians, including President Joe Biden, who tweeted that he was pleased with the solution that protects workers, small businesses, taxpayers, and the financial system. Biden also vowed to hold accountable those responsible for the collapse of the banks while reassuring Americans that their deposits are safe. He added that he would have more to say

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