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A Washington resident has been charged with involvement in a $64 million cryptocurrency laundering scheme. He allegedly deceived investors, posing as an escrow agent, and transferred funds into his accounts. The funds were moved offshore or converted to cryptocurrencies such as bitcoin and ethereum via exchanges like Gemini, Bitstamp, Coinbase, and Binance. Investigators traced the … Read more
Bridge seeks to build a global stablecoin payment network to rival traditional systems like Swift and credit cards. Go to Source
Crypto exchange Coinbase supports the Australian government’s Scams Awareness Week, emphasizing the importance of consumer education to combat fraud. Coinbase APAC’s managing director offered tips for investors to protect themselves from scams, such as verifying URLs and using two-factor authentication. “Unfortunately, bad actors have been around for centuries and are not going away anytime soon,” … Read more
A recent report from Cryptoquant reveals that comments by Federal Reserve Chairman Jerome Powell sparked a surge in U.S. bitcoin demand last week, though overall global demand remains weak. The report highlights the mixed signals in the market following the Fed’s announcement. Analysis Says Weak Global Bitcoin Demand Persists Cryptoquant‘s report details how bitcoin’s price … Read more
Coinbase CEO Brian Armstrong reflects on the past decade of the cryptocurrency industry, highlighting his initial expectation that payments would be the primary application for crypto. Instead, trading became the dominant force. Looking ahead, Armstrong remains optimistic about the future of crypto payments, citing advancements in stablecoins, layer two technologies, and simpler onboarding processes as … Read more
Backers hail from Solana Labs, Coinbase Ventures, and Celestia, among others. Go to Source
Each futures contract is sized at one-50th of one Bitcoin. Go to Source
Coinbase layer-2 network Base has notched a record number of daily active addresses amid a surge in growth of the new “basenames” service. Go to Source
PYUSD competes with rivals such as Circle’s USDC and Tether’s USDT. Go to Source
The SEC alleges Kraken is operating an unregistered securities exchange. Go to Source