In a significant move within the tech industry, executives from the private equity firm Silver Lake have sold a substantial amount of Dell Technologies Inc. (NYSE:DELL) stock. The transactions, which occurred on March 19, 2024, involved the sale of Dell Technologies shares with a total value exceeding $60 million. The sales were conducted at prices...
Playnance has announced the scheduled launch of PlayBlock, a Layer-3 gaming ecosystem developed on the Arbitrum Orbit. A press release shared with Cryptonews.com revealed that PlayBlock seeks to enhance Playnance’s offerings in the web3 gaming space and attract over 10,000 of daily active users by providing a variety of gaming options. Gaming Network with Enhanced...
Bitcoin experienced a significant price collapse amid continued outflows from Grayscale’s converted GBTC spot Bitcoin ETF. According to data from CoinMarketCap, the leading cryptocurrency dropped to as low as $60,800 on Tuesday, a 17% decline from its all-time high. The decline in Bitcoin price came after a significant outflow of $643 million from the $25 billion Grayscale...
Elastic N.V.\'s (NYSE:ESTC) Chief Technology Officer, Shay Banon, has recently sold a significant amount of company stock, transactions totaling over $28 million. The series of sales took place on March 18 and 19, with the prices of the shares ranging from $100.66 to $102.64. On the first day of the transactions, Banon sold 30,484 shares...
Several supporters have joined Coinbase Inc. in its legal battle against the U.S. Securities and Exchange Commission (SEC) to urge the agency to reconsider its stance on crafting specific crypto regulations for the industry. Notable backers, including Paradigm, the Crypto Council for Innovation, and others, have submitted amicus briefs to the circuit court, bolstering Coinbase’s...
Bitcoin spot ETFs in the United States are showing signs of waning momentum after Tuesday marked their largest daily net outflow since launch. The ten funds suffered cumulative outflows worth $326 million, or 5,117 BTC in total. That’s the second day of outflows in a row, after losing $154.4 million, or 2,293.1 BTC, on Monday....
Silver Lake, a global leader in technology investing, has reported a significant transaction involving shares of Dell Technologies Inc. (NYSE:DELL). According to a recent Form 4 filing with the Securities and Exchange Commission, entities associated with Silver Lake sold Dell shares totaling over $60 million. The transactions, which took place on March 19, 2024, involved...
Apple co-founder Steve Wozniak won his lawsuit against social media giant YouTube for the unintended use of his image in videos promoting a Bitcoin scam in 2020. A San Jose appeals court overturned a previous judgment that cleared YouTube of liability. Appeals Court Rules Against YouTube in Apple Co-founder, Steve Wozniak Scam Case The appeals...
BitMEX is conducting an investigation into an unusual trading activity that caused a flash crash and Bitcoin price drop on its platform. Late on Monday, the price of Bitcoin against Tether’s USDT stablecoin plummeted to as low as $8,900 on BitMEX, while the largest cryptocurrency was trading well above $66,000 on other exchanges. However, the...
Kimbell Royalty Partners, LP (NYSE:KRP) Controller Blayne Rhynsburger sold a total of 6,487 common units representing limited partner interests on March 19, 2024, for a total transaction value of approximately $101,197. The sale was executed at a price of $15.60 per share, according to a recent SEC filing. The transaction resulted in a reduction of...