Key Crypto Exchange Battles as Values Plunge
A beleaguered cryptocurrency exchange faces more turmoil in the wake of a plunge in currency valuations. Coin base (COIN) shares have fallen 75% due to weak...
Tagged: crypto
Coinbase takes a $1.1 billion loss as crypto volumes fall
Cryptocurrency has come a long way. From a modest investment option to one with a market value of billions of dollars. You are aware of Coinbase....
GameStop enters into crypto partnership as it reports mixed financial results
Grapevine-based GameStop Corp. reported mixed results in the second quarter, but showed it is leaning into a strategy shift towards non-fungible tokens by announcing a partnership...
40 states are all investigating the Celsius Crypto platform
Alex Mashinsky, CEO of Celsius, once used interest rates as high as 18% to attract people to deposit crypto on the platform.Photo: Kevin McGovern (Shutterstock) How...
Crypto Crash Gives US Bank Regulators ‘Breathing Room,’ Officials Say
A rush to lay out new cryptoregulatory guidance has slowed as a fall in asset values has made the task less urgent, a senior banking regulator...
Do trolls influence crypto?
SPONSORED POST* The value of cryptocurrencies has been influenced by the opinions of high-profile figures and celebrities. For example, Tesla founder Elon Musk has been somewhat...
ETC Group launches crypto ETP based on PoW Ethereum hard fork
ETC Group officially announced on Wednesday the launch of a new Ethereum ETP in response to the upcoming Ethereum merger. The Ethereum Merge, scheduled to take...
Crypto Miner Bitdeer Delays $4B SPAC Deal Again
The SPAC firm that is taking cryptocurrency miner Bitdeer public at a valuation of $4 billion has filed for another three-month extension. Blue Safari Group, a...
Should you bet crypto? Here’s what the data says
Important takeaways Based on CoinMarketCap and Staking Rewards data, most major Proof-of-Stake-based cryptocurrencies generate negative real stake returns when factoring in their token emission schedules. BNB...
Alphabet, Samsung among top 40 cos that invested $6 billion in blockchain companies
Forty companies invested in companies in the blockchain/crypto space during September 2021 to mid-June 2022. Samsung is the most active, having invested in 13 companies. UOB...