Coinbase and payment processor Stripe form partnership for onboarding
The partnership will bring USDC support to Stripe on Coinbase’s layer-2 network, Base, and several other integrations.
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Ether ETFs start trading, preliminary inflow data revealed
Analyst Eric Balchunas says that initial inflows into the Ethereum ETFs accounted for roughly 50% of Bitcoin ETF inflows on day one.

Crypto Lending Platform Compound to Start Distributing Tokens
The Compound community approved a proposal calling for the distribution of the COMP token to all users of the DeFi protocol. 1535 Total views 38 Total shares Compound’s governance token will be available for distribution to all users of the decentralized finance (DeFi) protocol beginning on June 15.According to a June 10 tweet from Compound,…

SEC Chair wishes Bitcoin a ‘sweet sixteen’ for white paper anniversary
In an interview with Bloomberg, Gary Gensler suggested he had no plans to alter the SEC’s course on its “regulation by enforcement” approach to crypto.

Ethereum Classic Labs Announces Accelerate Program to Promote ETC Apps
Ethereum Classic Labs incubator officially announced its accelerator program to promote the development of products based on the Ethereum Classic network.On July 28, Ethereum Classic Labs published a blog post to provide details about Ethereum Classic Labs Accelerate, a program for funding and educating blockchain firms and communities that are creating products and services on…

Mining rig manufacturer Canaan announces narrowing net loss in Q2 results
A vastly improved gross margin on sales contributed to a reduction in net loss of over 90% compared to figures from a year ago. Bitcoin mining rig manufacturer Canaan on Aug. 31 released its unaudited financial results for the second quarter of 2020.While gross profit was up both year on year and quarter on quarter,…

The case against Pavel Durov and why it's important for crypto
Telegram founder Pavel Durov has been allowed to leave France temporarily, but the preliminary charges against him raise significant questions for the crypto community. On March 13, a French court gave the founder and CEO of the encrypted messaging app Telegram permission to leave for Dubai, where he had previously resided. Durov had been in

JPMorgan launching ‘crypto exposure basket’ featuring MicroStrategy and Square
The financial services giant has filed paperwork with the SEC to launch a debt instrument linked to 11 crypto-focused firms. 2014 Total views 15 Total shares JPMorgan Chase has designed a new debt instrument that provides investors direct exposure to a basket of crypto-focused companies, according to a new filing with the United States Securities…

US lawmakers propose bills to hold bank execs accountable for failures and address risks
Maxine Waters did not specifically mention crypto in the proposed legislation, drafted in response to the collapse of Silicon Valley Bank, Signature Bank and First Republic Bank. 158 Total views 1 Total shares Democrats with the United States House Financial Services Committee have introduced several bills in what they described as the “first wave” of…