The Senate Banking Committee postponed a markup hearing for the legislation late Wednesday after Coinbase pulled its support for the bill.
A combination of timing pressures and unresolved policy concerns led Coinbase to withdraw its support for a sweeping cryptocurrency bill.
Coinbase won't be supporting the Senate Banking Committee's sweeping cryptocurrency legislation, its CEO said.
Galaxy Research says illicit finance provisions in the Senate Banking draft go far beyond the House’s Clarity Act.
The private beta of 'Unified Prediction Portfolio' marks Backpack's foray into the burgeoning prediction markets sector.
Vienna-based crypto exchange Bitpanda is reportedly seeking to go public in Germany at a valuation of roughly $4.6 billion to $5.8 billion.
Kraken remains king in actively traded tokenized stocks, while Ondo has scaled issuance faster through its partnership with Bitget.
Lawmakers and the crypto industry are sifting through pages and pages of bill text, with much of the focus being on stablecoin rewards.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Genius Trading is building a privacy-focused DeFi trading platform and aims to become an onchain alternative to Binance.
The Kraken-affiliated company was built for the purpose of effecting a merger with one or more operating businesses.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Coinbase is one of the largest Solana stakers, with nearly 10% of the network’s total staked SOL, according to its Validator Performance Report.
Standard Chartered is reportedly preparing a crypto prime brokerage business to be housed within its SC Ventures unit.
Bernstein said the window to pass the bill is rapidly narrowing amid a dispute between banks and the crypto industry over stablecoin rewards.
Coinbase may withdraw its support from the market structure bill if it imposes broader limits on stablecoin rewards, Bloomberg reported.
Divisions within the CFTC have given the green light for crypto-focused exchange Bitnomial to offer event contracts.
The bank also pointed to infrastructure revenue, including Base and derivatives, as emerging buffers against trading volatility.
President Donald Trump told The New York Times that he has no plans to pardon former FTX CEO Sam Bankman-Fried.
Binance has rolled out its first regulated TradFi perpetual futures, starting with USDT-settled gold and silver contracts.
FRNT, issued under the Wyoming Stable Token Act, represents the first blockchain-based asset backed by a U.S. state.
Crypto companies serving EU residents began collecting tax data on Jan. 1, 2026, under the European Union’s DAC8 rules. That start date has fed viral claims on X that the bloc has “ended crypto privacy.” The European Commission's guidance for DAC8 set Jan. 1, 2026, as the operational start date for data collection. However, many […]
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Analysts broadly agree that U.S. crypto exchanges need to diversify beyond spot trading, but differ on whether newer products can meaningfully reduce earnings volatility.
Goldman analysts see Coinbase’s growing mix of non-trading revenue as a partial buffer against crypto market swings.
Crypto VCs told The Block they expect disciplined activity to persist in 2026, with a higher bar for new investments.
The retreat follows the LIBRA memecoin scandal involving the country's president, Javier Milei, which caused a firestorm of controversy.
Industry insiders expect deal momentum to continue into 2026, driven by consolidation, targeted acquisitions, and a still-open IPO window.
The man who confessed to being behind the hack of crypto exchange Bitfinex, Ilya Lichtenstein, said he is being released from prison early.
Volume on decentralized exchanges also dropped, as one analyst points to seasonal sentiment and year-end repositioning.
Glassnode data shows that XRP's exchange balances hit their lowest level since 2018 in late December, sparking the usual wave of accumulation phase speculation and “tight supply = moon” commentary. While the eight-year low encompasses the entire exchange ecosystem, CryptoQuant data for Binance offers a recent window into whether these troughs actually precede rallies. Binance's […]
The post XRP on exchanges hits 8 year low, but historical data exposes a brutal flaw in the popular “moon” narrative appeared first on CryptoSlate.