In a remarkable display of innovative thinking, Coinbase announced its plans to introduce a Bitcoin-backed credit card during the annual State of Crypto Summit. Slated for a fall 2025 launch, this card offers an enticing 4% back in Bitcoin for every purchase made—a significant draw for cryptocurrency enthusiasts. By coupling traditional credit with the burgeoning
Exchanges
The recent withdrawal of BiT Global’s lawsuit against Coinbase concerning the delisting of Wrapped Bitcoin (WBTC) serves as a compelling case study on the evolving dynamics between centralized exchanges and crypto custodians. At the heart of the dispute was not merely the fate of a token, but the philosophical and operational divides that underline this
In a recent post that echoed through the cryptocurrency community, Brian Armstrong, the CEO of Coinbase, declared a significant victory over the issue of unnecessary account freezing. An impressive claim of an 82% reduction in such cases was made, highlighting what Armstrong described as a “major issue” that had plagued users for far too long.
Gemini’s recent decision to file a draft registration statement with the U.S. Securities and Exchange Commission (SEC) for its initial public offering (IPO) signals a pivotal moment in the evolving landscape of cryptocurrency exchanges. The Winklevoss twins, Cameron and Tyler, are not simply following a trend; they are boldly defining one. With their move toward
The Coinbase data breach has spiraled into a cautionary tale for anyone who believes their personal information is secure. Initially perceived as a digital issue, the breach has morphed into a new dimension of risk, with victims now facing the unsettling reality of fraudulent letters physically landing in their mailboxes. The fact that scammers are
WazirX, one of the prominent players in the cryptocurrency exchange arena, has encountered a significant roadblock as the Singapore High Court has unequivocally denied its restructuring proposal after a staggering $230 million hack in July 2024. The announcement on June 4 hit like a ton of bricks—not just for WazirX, but for the entire crypto
The financial landscape has begun shifting dramatically this year, particularly in the realm of cryptocurrency. Robinhood’s recent acquisition of Bitstamp, a respected player with over a decade in the industry, marks a pivotal moment that transcends mere numbers. As Robinhood steps into the global arena, it not only adds 50-plus licenses and four million customers
The recent announcement by IG Group to offer trading in 38 cryptocurrencies marks a pivotal moment in the evolving landscape of the U.K.’s financial markets. Starting June 3, retail investors will have access to a vast array of digital assets ranging from mainstream tokens like Bitcoin and Ether to newer, more speculative altcoins such as
The crypto landscape, historically characterized by its volatility, is about to undergo a significant transformation with the FTX Recovery Trust’s decision to disburse over $5 billion in stablecoins. This substantial liquidity injection is poised to reshape market dynamics and influence trading behavior dramatically. Unlike the complex financial instruments that often plague traditional markets, stablecoins offer
In a striking and somewhat unexpected legal move, the U.S. Securities and Exchange Commission (SEC) officially sought to dismiss its civil complaint against Binance and its founder, Changpeng Zhao, on May 29, throwing a wrench into the ongoing narrative of rigorous financial regulation. This decision, rather than merely a procedural formality, shines a spotlight on