Coinbase posts $1.2B net income in Q1, surpasses entire 2023 earnings

FTX and Binance reportedly seek to transition existing Voyager customers to their platforms whereas CrossTower has proposed to keep the existing Voyager platform and app. 439 Total views 44 Total shares Cryptocurrency exchanges FTX, Binance and CrossTower are competing to acquire beleaguered crypto lender Voyager Digital’s assets out of bankruptcy, according to insider sources. According to…

The exchange hinted of legal action against "FUD-peddlers and individuals with malicious intent" threatening its business interests. 909 Total views 36 Total shares Major cryptocurrency exchange Binance is pushing back against allegations of market manipulation and working against the interest of its users.In a Monday Twitter thread, Binance seemingly laid the blame for any claims…

The Mayor-elect said he plans to make New York the “center of the cryptocurrency industry” after he takes office in January. 362 Total views 12 Total shares New York Democrat Mayor-elect Eric Adams revealed on Twitter today he intends to take his first three paychecks in Bitcoin. Adams also doubled down on his plans to…

Although it admitted to “significant exposure,” the crypto lender assured clients that it has “the necessary liquidity to explore all options.” 484 Total views 19 Total shares Crypto lender BlockFi issued an official notice to its clients on Nov. 14 denying rumors that the majority of its assets were on FTX prior to the exchange’s collapse.…

Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link.Top Stories This WeekNigeria’s central bank partners with fintech firm Bitt Inc. for CBDC rolloutCentral…

Airdrops have emerged as a powerful tool for token distribution, user acquisition and community building as the blockchain industry has grown. They provide a unique opportunity for projects to distinguish themselves, incentivize desired behaviors and foster long-term relationships with their user base. But the question remains: Do airdrops work?Based on my prior research in the…

If you’ve been in Bitcoin (BTC) long enough most likely its Genesis Block has been mentioned quite a few times. If not, the image below should be self explanatory.Bitcoin Genesis Block RAW data. Source: UnBIt doesn’t really matter if people consider Bitcoin as a store of value competing with gold and real estate, medium of…

2020 has been a stellar year for the crypto economy, with more enterprises and institutions than ever before implementing the technology. Big announcements, such as PayPal’s decision to enable its users to buy and sell Bitcoin (BTC), have understandably dominated the headlines. However, pivotal regulatory developments across the globe have largely flown under the radar…

The long-awaited launch of Bakkt has seen a lukewarm response as only 63 Bitcoin (BTC) contracts have been traded as of press time. This is not unexpected because Bitcoin has been range-bound for the past few weeks, hence, institutional traders will not be in a hurry to initiate positions. They are likely to wait and…