Coinbase posts $1.1 billion loss in Q2 due to ‘fast and furious’ crypto downturn
Crypto exchange giant Coinbase has cited a “fast and furious” decline in crypto markets as the reasons behind a staggering $1.1 billion net loss in the...
Category: crypto
“Crypto markets have found a floor” according to several major Wall Street analysts
Editor’s Note: With so much market volatility, stay tuned for daily news! Get caught up in minutes with our quick summary of today’s must-read news and...
Tether, Circle Pledge Support for Proof-of-Stake Ethereum
Important takeaways Tether and Circle will only support assets on Ethereum’s Proof-of-Stake chain after the merger, both companies announced today. Tether said the merger should not...
Altcoin prices in the red as market falls
Flecoin and other altcoins were in the red Tuesday as the dog days of summer continued. – Photo: Shutterstock Altcoin prices were in the red on...
Crypto newbie? How to start investing in cryptocurrencies
Crypto newbie? Interested in investing while the bear market has made some bargains? So here are some good starting points. Despite the crypto winter, interest in...
Coinbase posts $1.1 billion loss as crypto trading volumes fall
Cryptocurrency exchange Coinbase said revenue had fallen 61 percent in the latest quarter as crypto prices fall and trading volumes fall. The San Francisco-based company on...
Coinbase reports 63 percent decline in revenue amid industry downturn.
Coinbase, the largest cryptocurrency exchange in the United States, reported a 63 percent drop in revenue on Tuesday as it weathers a broader downturn in the...
Curve Finance exploited in ongoing attack
Important takeaways Curve Finance suffers from ongoing exploitation. A malicious contract has so far raked in more than $573,000 from victims. The Curve team has warned...
Neobank Revolut dumps Paxos in favor of new crypto provider
Revolut plans to move on from its current crypto provider in early September, when the company will offer “broader and better access” to crypto. The company...
Crypto lender Hodlnaut suspends withdrawals
Comment on this story Comment Singapore-based cryptocurrency lender Hodlnaut has halted withdrawals, token swaps and deposits citing “recent market conditions”, becoming the latest in a string...