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Crypto News

Fast coverage of the stories moving crypto markets.

Retail investors were responsible for Bitcoin’s best run since October 2021

The Coinbase Premium Gap, wallet dynamics, and the jump in derivative micro contracts suggest retail investors are piling into Bitcoin.

4 years ago

Merge ETH +0.08%

Justin Sun’s Poloniex supports Ethereum proof-of-work hard fork

The crypto community does not think the proof-of-work chain will enjoy wide support from the industry when the merge is completed.

4 years ago

Crime

Ex-Coinbase Manager pleads not guilty to insider trading charges

Ex-Coinbase Product Manager Ishan Wahi and his brother Nikhil will have to pay $2 million for bail after they pleaded not guilty to insider trading charges.

4 years ago

Lending

Virginia pension funds invest in crypto yield farming despite recent turmoil

Despite the recent liquidity crisis among several crypto lenders, the Fairfax county pension funds expect to earn "attractive yields."

4 years ago

Exchanges

Portuguese banks shut accounts of crypto exchanges

One of the banks said said it has the duty of notifying authorities about any “suspicious transactions,” which may lead to the closure and termination of some relationships.

4 years ago

Exchanges

Coinbase to provide crypto services to BlackRock institutional clients

Coinbase would allow institutional investors of BlackRock to carry out crypto transactions via its Coinbase Prime feature.

4 years ago

Bear Market

Robinhood lays off nearly a quarter of its workforce amid crypto winter

Robinhood is getting rid of 23% of its workforce due to dipping revenues and a crypto bear market.

4 years ago

Earnings LUNC -1.00%

CoinShares posts £8.2M Q2 loss due to one-off impairment hit from Terra

This is the first time London-based Coinshares has posted a negative quarter since its market debut.

4 years ago

Exchanges DOGE -1.83%

Coinbase requests US Supreme Court intervention to stop ‘frivolous cases’

The lawsuits are currently before Federal courts, where the judges have rejected the exchange's move to send the cases into arbitration.

4 years ago

Earnings

Coinbase stock posts 9 week high on rumors of better than expected earnings

COIN is up 50% since July 26 as analysts forecast better than expected results upon release of the second-quarter earnings report on August 9.

4 years ago

Analysis

Bitcoin to perform more like US Treasury bonds as it recovers from crash – Bloomberg Intelligence says

Bitcoin has a better chance of recovering faster than commodities when the market eventually rallies, according to Bloomberg Intelligence's latest crypto outlook report

4 years ago

Adoption

African blockchain investments surpass 2021’s total of $127M

The fundraising boom being witnessed by Africa's crypto sector is showing no signs of slowing down anytime soon

4 years ago

NFTs

Over $86.6M worth of NFTs stolen since start of 2022

Over $86.6 million worth of NFTs has been stolen in 166 thefts since 2020 and hackers show no sign of stopping.

4 years ago

Legal

Binance-owned WazirX under investigation in India over alleged money laundering

The India-based exchange, which operates as an independent subsidiary of Binance, allegedly violated the provisions of the Foreign Exchange Management Act, 1999.

4 years ago

Hacks SOL -1.78%

Solana exploit related to imported Slope Finance wallets, private keys revealed

Slope Finance appears to be the origin of the Solana exploit that affected thousands of users. Wallet owners are advised to move funds immediately from Slope imported wallets.

4 years ago

NFTs

NFTs.com domain name bought for $15M

Both parties still remain anonymous, but representatives from Domainer said that the buyer of NFTs.com was associated with other Web3 projects, including DigitalArtists.com.

4 years ago

Hacks

Whitehat hackers refund $9M to Nomad

A breakdown of the returned funds showed that the majority of them were stablecoins. Around $2 million USDT, $3.8 million USDC, $1.2 million FRAX and $150,000 DAI have been returned.

4 years ago