Coinbase shares rise 3% as Q2 crypto trading doubles from last year
Coinbase has marked its third consecutive quarter in the black, with its net revenue and trading volumes jumping 108% and 145%, respectively, from the prior year.
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Bitmain, Roger Ver, Kraken Sued for Alleged Bitcoin Cash Hard Fork Manipulation
Florida-based United American Corp. (UnitedCorp) has purportedly filed a lawsuit against Bitmain, Bitcoin.com, Roger Ver, and the Kraken Bitcoin Exchange, according to a press release published Dec. 6. UnitedCorp alleges that the defendants planned a scheme to take control of the Bitcoin Cash (BCH) network.Founded in 1992, UnitedCorp is a development and management firm with…

How can the Metaverse help the food industry?
Cryptocurrencies and the food industry might not seem like the most intuitive pairing — one based in the digital realm and the other firmly rooted in the physical. But going back to the earliest days of crypto, the very first real-world use case for Bitcoin (BTC) was food-related. On May 22, 2010, Laszlo Hanyecz enacted…

Senate Says Jailed Russian Spy Bonded With Overstock CEO Over Bitcoin Hoping to Get to Rand Paul
New details of the salacious Butina-Byrne romance that led the Overstock CEO to resign emerge in latest volume of Senate Russia investigation. On Aug. 18, the Senate Intelligence Committee released volume five of its investigation into Russian interference in the 2016 election. The new version found that former CEO of Overstock.com and noted crypto advocate…

Kraken Custody expands to UK and Australia markets
Kraken’s expansion of its custody services to the UK and Australia marks its first international venture, catering to institutional clients outside the US.

Terra chain halts operations, ASTRO token falls over 60%
The Terra blockchain halt dramatically falls in the ASTRO token value due to a suspected exploit.

Blockchain Platform Enables Trading of Digital Assets in Mobile Games
A blockchain mobile gaming platform says it allows players to get the “true ownership” of their digital assets and enables “secure trading” with other users. Itam Games has created an ecosystem, which includes a store and exchange, in which users can trade their in-game digital assets — or nonfungible tokens (NFT) — such as achievements, leaderboards,…

If SEC approves spot Ether ETFs, many ‘will be caught severely offside’
Coinbase institutional research analyst David Han believes “there is room for surprise to the upside on this decision.”

ConsenSys Acquires SEC-Registered Broker-Dealer to Tokenize Bonds
ConsenSys, a major blockchain firm founded by Ethereum co-founder Joseph Lubin, has acquired an American broker-dealer, Heritage Financial Systems.Heritage, a broker-dealer registered with the United States Securities and Exchange Commission (SEC), has been acquired by ConsenSys’s own broker-dealer, ConsenSys Digital Securities. ConsenSys’ blockchain-powered commerce and finance arm ConsenSys Codefi announced the news on Feb. 4.Heritage…