The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Coinbase CEO Brian Armstrong has revealed that the exchange is steadily acquiring Bitcoin weekly, signaling what many believe could be the early stages of a treasury-building effort. Armstrong shared the update on June 27, stating that Coinbase has adopted a “Long Bitcoin” strategy. However, he stopped short of confirming whether these acquisitions are explicitly intended […]
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Cathie Wood's Ark Invest offloaded 33,363 Coinbase Global Inc. shares as the stock closed up 5.54% on Thursday.
Cryptocurrency exchange Kraken unveiled Krak, a new mobile payment app that allows users to send digital assets and fiat currencies to recipients in more than 110 countries. The app supports over 300 currencies and aims to usurp the dominance of established financial apps such as PayPal, Venmo, and Cash App. Developed to offer a faster […]
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COIN closed at $375.07 per share. The stock's previous all-time high close was $357.39, set in November 2021.
Krak users can earn up to 4.1% rewards for holding the stablecoin Global Dollar (USDG) and up to 10% staking rewards for other digital assets.
Two contracts set to arrive on July 21 include the nano Bitcoin Perpetual-Style Futures at 0.01 BTC and nano Ether Perpetual-Style Futures at 0.10 ETH.
Coinbase has launched two additional wrapped tokens on its Base Ethereum Layer 2 network — cbADA and cbLTC.
The MiCA license, granted by the Central Bank of Ireland, enables Kraken to offer crypto services across 30 EEA member states.
Binance’s monthly Bitcoin (BTC) inflows have fallen to 5,700 BTC, less than half the 12,000 BTC average recorded since 2020 and 25% of the 24,000 BTC that hit the exchange during the FTX panic of late 2022, CryptoQuant analyst Darkfost shared in a June 24 note. Darkfost’s data showed that every material deposit surge of […]
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Bernstein's Coinbase target implies an upside potential of more than 40% for the stock over the next 12 months.
WazirX, once India’s largest crypto exchange by trading volume, has secured a crucial extension from Singapore’s High Court as it struggles to recover from a devastating $234 million hack and a year of growing user frustration. In a statement posted on social media, WazirX confirmed that the court will allow it to present new arguments […]
The post WazirX gains crucial extension to revive post-hack restructuring plan appeared first on CryptoSlate.
FTX’s bankruptcy lawyers have pushed back forcefully against a $1.53 billion claim filed by failed crypto hedge fund Three Arrows Capital (3AC), calling the demand “illogical” and warning that it would unfairly drain funds from FTX’s legitimate creditors. In new court documents submitted on June 20, FTX’s legal team asked a Delaware bankruptcy judge to […]
The post FTX fights back against 3AC’s ‘unreasonable and unsupportable’ $1.53B claim appeared first on CryptoSlate.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
"Coinbase is positioning itself at the center of crypto’s next regulatory and structural evolution," says Benchmark's Mark Palmer.
The crypto exchange OKX is reportedly considering an initial US public offering (IPO) as the wave of crypto firms entering public markets gains momentum. Although the exchange has not officially confirmed these plans, Chief Marketing Officer Haider Rafique hinted at the possibility during a conversation with The Information, suggesting an IPO could be on the […]
The post OKX’s US comeback may reportedly lead to an IPO launch amid wave of interest appeared first on CryptoSlate.
As his gambling losses grew, Nieves allegedly stole from accomplices who helped pilfer over $4 million by posing as Coinbase support agents.
The startup is confident its trading capabilities can rival giant centralized exchanges like Binance and Coinbase.
Coinbase has obtained a license in Luxembourg, which allows it to offer crypto services across 27 EU member states.
The global crypto exchange announced its US expansion in April, following a $500 million settlement with the DOJ.
FTX's lawyers say 3AC's $1.5 billion claim relies on faulty arguments and that the defunct trading firm is in fact owed nothing from the bankruptcy estate.
Coinbase, the largest US-based exchange, has taken a major step in its global expansion by securing approval under the European Union’s Markets in Crypto-Assets (MiCA) regulation, according to a June 20 statement. The exchange confirmed that Luxembourg’s financial watchdog, the Commission de Surveillance du Secteur Financier (CSSF), granted it the necessary license to operate across the […]
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The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The regulator is proposing allowing crypto exchanges to issue their own utility tokens.
Off-chain markets now dominate bitcoin trading and price discovery, with derivatives leading the charge, the analysts said.
Kraken has launched bitcoin "staking" via a new integration with Babylon, enabling users to earn passive rewards on their spot BTC holdings.
South Korea’s top financial regulator is working on a detailed roadmap to support the launch of digital asset spot exchange-traded funds. According to a June 19 report by Herald Economy, the Financial Services Commission revealed the move during a policy update to the State Affairs Planning Committee. The FSC plans to roll out its proposal […]
The post South Korea moves closer to spot Bitcoin ETFs as FSC explores proposal appeared first on CryptoSlate.
Iranian crypto exchange Nobitex has confirmed that it lost nearly $100 million in a cyberattack by a politically motivated hacking group. The breach, which occurred on July 18, has shaken the local crypto community and triggered a government-imposed curfew on crypto trading platforms nationwide. The attack was claimed by an Israel-linked group calling itself Gonjeshke […]
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Coinbase officially launched Coinbase Payments on June 18, a three-layer platform that enables commerce providers to add USDC checkout without running their blockchain infrastructure. The stack begins with Stablecoin Checkout, a wallet-native interface that supports hundreds of wallets, delivers gas-free transactions, and records payments in USDC. Beneath it, an E-commerce Engine exposes application programming interfaces […]
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Crypto trading platforms increasingly adopt blockchain-native assets like the USDC stablecoin and tokenized treasuries such as BlackRock’s BUIDL to enhance collateral efficiency in derivatives markets. These instruments offer a blend of stability, yield, and compliance, making them attractive to institutional players seeking capital optimization. USDC and BUIDL gain momentum in crypto derivatives On June 18, […]
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