Journal
The largest U.S. cryptocurrency exchange posted first-quarter revenue of $1.6 billion, a 72% increase quarter on quarter. Reported net income for Coinbase was $1.18 billion (or$4.40 per share) and was…
Read article →Coinbase did it again on Thursday, announcing earnings results that far surpassed analyst expectations, which pushed its share price up nearly 9% to around $229—a far cry from when it…
Read article →It’s an oft-told anecdote littering social media: Those who invested early in cryptocurrencies have enjoyed life-changing wealth. How much that extra cash gives them confidence to spend more — a…
Read article →More than 90% of stablecoin transaction volumes aren’t coming from genuine users, according to a new metric co-developed by Visa Inc., suggesting such crypto tokens may be far away from…
Read article →A senior PR person told me recently they had all but stopped taking on crypto clients. The person, with whom I’ve worked for years, said they were fed up with…
Read article →A tense stand-off between Binance and the government of Nigeria took a new turn on Tuesday as the company’s CEO broke his silence about the country’s controversial decision to detain…
Read article →British banking app Revolut is taking a significant step into digital assets. In a Tuesday blog post, the fintech company unveiled Revolut X, a specialized crypto trading platform for retail…
Read article →Blockchains may be built around transparency, but the crypto industry has a long way to go in building trust, especially when it comes to trading. Poor management and conflicts of…
Read article →Despite its creation as an economic force existing outside the political system, crypto has long had a strange relationship with U.S. elections. Look no further than Brock Pierce, the Mighty…
Read article →In a rare outcome for bankruptcy, customers of the failed cryptocurrency exchange FTX will recover all of their money—and then some. Those who lost money when the exchange collapsed in…
Read article →
