Crypto news

In a recent interview with Yahoo Finance, Coinbase CEO Brian Armstrong shared insights into the company’s plans and its interest in flatcoins. Armstrong also shared more details on the future of cryptocurrency and the necessary next steps amid growing regulatory scrutiny. Armstrong Discusses Coinbase’s Future Plans Coinbase’s exec talked about ‘flatcoins’ in the interview, which is an emerging concept that has yet to gain much traction in mainstream crypto discussions....

Bitcoin slid to $25,000 on Monday, after a period of flat trading over the weekend at roughly $25,800. Other digital assets followed suit, with XRP down 6% on the day to just $0.47. The drop marks Bitcoin’s lowest price level since mid-June when the asset reeled from back-to-back U.S. government lawsuits against two of the world’s largest crypto exchanges, Coinbase and Binance. The asset rallied when BlackRock filed for a Bitcoin spot ETF days later, and again when Grayscale...

The ongoing case between the United States Securities and Exchange Commission is one that the entire cryptocurrency community has its sights set on. But, for some reason, it’s just as polarizing. There doesn’t seem to be room for a middle ground, as it’s always been a make-or-break type of situation. Now, however, one user has decided to bring up the question of a settlement. In a discussion on X, Marc Fagel – a former SEC Regional Director, chipped in on the ongoing dispute...

Satoshi Nakamoto is the pseudonymous creator of bitcoin, the world’s number one digital currency by market cap. Everyone in the crypto community has admiration for this man (or woman). They see him (or her) as the revolutionary creator of an asset that could change the way the world does finance, but according to Brad Sherman – a congressional democrat from California – Nakamoto is a fraud and not very innovative. Brad Sherman Isn’t a Crypto Fan In a recent...

Prominent blockchain investigator ZachXBT has yet again accused four popular crypto traders of a pump-and-dump scheme. At the center of the controversy are – TraderNJ, PetaByte, XO, and Trader SZ – who allegedly profited from the gains at the expense of their followers. There are many telltale signs of a pump-and-dump scheme. The crypto industry, for one, is swarmed with influencers who continuously “take shady promotion deals without any level of transparency, hurting both...

Data provided by Shibarium Explorer revealed that overall transactions on the layer-2 blockchain solution have reached almost two million. Recall that the network built on Ethereum that aims to increase transaction speed, lower costs, and elevate Shiba Inu above its rivals went live approximately two weeks ago. Shibarium Eyes a New Milestone According to the entity, the exact total number of daily transactions on Shibarium (as of the moment) stands at 1,951,468. The number of...

11 members of a drug operation have been arrested and jailed after taking part in an operation through which they sold 40 kilograms of cocaine on the streets of the United Kingdom. Crypto Crime in the United Kingdom is Getting Bigger However, once they were placed behind bars, their crimes didn’t end. They got in touch with friends and family members and used them to launder their criminal funds through Coinbase, one of the biggest and most popular digital...

As a publicly traded company, Instacart will need to navigate fierce competitions. Instacart, the popular on-demand grocery delivery and pickup service has submitted an updated filing for its upcoming Initial Public Offering (IPO), revealing its ambition to raise up to $616 million in fresh capital alongside existing shareholders. Instacart IPO: Pricing Strategy In its updated filing, Instacart disclosed its intention to set an offer price for its IPO within the range of $26 to $28 per...

As part of the security token issuance (STO), Taiji Capital will raise a total of $100 million HK by selling the PRINCE tokens. This will significantly reduce the financing costs marking a major shift in real-estate investment.  In the latest development, the Taiji Capital Group is looking for a revolutionary transformation in Hong Kong’s real estate market through security token issuance (STO). Taiji Capital unveils a closed-ended fund managed by its subsidiary firm Pioneer Asset...

Blockchain technology is getting a lot of hype as of late. There are many individuals out there that believe it will be revolutionary and change the world as we know it, but there are some out there who seem to believe the notion of tokenizing assets on the blockchain is very risky. Kubli Thinks Blockchain Tokenization Isn’t a Great Idea One of those people is Ralph Kubli, a board member with the blockchain developers Casper Association. Despite labeling it the...