Base hits 4M active addresses amid ‘Onchain Summer’ campaign

Conservative United States think tank the Heritage Foundation argues that instead of launching a central bank digital currency (CBDC), the government should ensure that the public can use the currencies they prefer, including private ones.In a commentary piece published on Feb. 12, the Heritage Foundation notes that Facebook’s Libra global stablecoin project “is just the…

Canaan, China’s major cryptocurrency mining company, will soon launch a $10 million share repurchase program.On Sept. 8, the Nasdaq-listed company officially announced that its board of directors has  authorized a share repurchase program to repurchase up to $10 million worth of its American depositary shares, or ADSs.According to the announcement, Canaan will be repurchasing 15…

Australian crypto exchanges have praised plans from the Australian Treasury to regulate cryptocurrency exchanges under pre-existing financial services licensing measures.In an Oct. 16 consultation paper, the Treasury outlined a new suite of proposed regulations, that suggested regulating cryptocurrency exchanges under existing financial services rules as well as introducing a wealth of new guidelines for all

Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.

Bitcoin faces pressure from China, a stock market trend in addition to the FTX fallout. 132 Total views 2 Total shares Bitcoin (BTC) hovered above $16,000 on the Nov. 28 Wall Street open as analysts diverged on the next market move.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin spot price near key supportData from Cointelegraph Markets…

JBS USA Holdings Inc. has paid an $11 million ransom in Bitcoin to cybercriminals as new details emerge over the FBI’s recovery of assets from a previous heist.The payment, estimated to be more than 300 BTC at current prices, was made to shield JBS factories from further disruption. The firm is the world’s largest meat…

Brian Armstrong expects other revenue streams to take the lead in five or 10 years. 5242 Total views 19 Total shares Coinbase CEO Brian Armstrong has addressed the platform’s transaction fees as the company's shares list on Nasdaq today.In a CNBC Squawk Box interview on Wednesday, Armstrong discussed public concerns associated with Coinbase’s massive returns…

The collapse of FTX cryptocurrency exchange has created a liquidity crisis in the crypto space, which could extend the crypto winter through the end of 2023, according to a research report by Coinbase. According to analysts, the FTX implosion could keep the institutional investors at bay because they are even more likely to tread cautiously…

Bitcoin (BTC) starts the first week of July with a sigh of relief for traders as $30,000 support holds. BTC price action refuses to succumb to bears after 20% gains in Q2, with weekly and monthly timeframes looking strong. What’s next?A quiet week is expected on TradFi markets, with Wall Street gearing up for the Independence…