Coinbase legal chief addresses $1B lawsuit tied to wBTC delisting
Crypto industry insiders like Justin Sun are questioning Coinbase’s token listing criteria following the exchange’s decision to delist wBTC in November.
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Iran to launch public CBDC pilot in June
Unlike other types of electronic money in Iran, the digital rial doesn’t require interbank settlement to transfer funds between the buyer and the seller.

Bitcoin tackles $56K as Tesla ‘Elon candle’ hits days before record options expiry
Elon Musk is "astutely aware" of the impact of options expiry, Zhu Su claims as Tesla sparks an unlikely uptick after a week of losses. 6587 Total views 33 Total shares Bitcoin (BTC) recovered above $56,000 on March 24 after a new "Elon candle" put a familiar spring in the step of bulls.BTC/USD 1-hour candle…

‘He lied to get customers’ trust’: Prosecution makes closing argument against SBF
The government presented its rebuttal against Sam Bankman-Fried on Nov. 2 in response to statements made by his defense during the closing arguments a day earlier.A jury of 12 will receive final instructions in the Southern District Court of Manhattan on Nov. 2, with a verdict expected by 8:00 pm local time. The jury will

Intercontinental Exchange sells Coinbase stake for $1.2B
Intercontinental Exchange has sold its 1.4% stake in Coinbase to reduce the company’s debt. 2411 Total views 20 Total shares Intercontinental Exchange, the operator of the New York Stock Exchange and the owner of Bakkt digital asset platform, has sold its 1.4% stake in the newly Nasdaq-listed cryptocurrency firm Coinbase.Announcing the news Thursday on a…

Coinbase Exploring Support for 18 New Digital Assets
Coinbase has announced the exchange is exploring support for 18 new digital assets including VeChain, Synthetix and DigiByte. 1746 Total views 21 Total shares The largest cryptocurrency exchange in the United States is considering offering support for a variety of new digital assets.According to a June 10 blog post from Coinbase, the exchange is exploring…

New DeFi futures to enable hedging against Bitcoin mining difficulty
SynFutures’ decentralized Bitcoin Hash Rate Futures aim to let miners long or short Bitcoin mining difficulty. 316 Total views 8 Total shares Decentralized derivatives exchange SynFutures announced a new product called Bitcoin (BTC) Hash Rate Futures that uses the biggest cryptocurrency’s ever-changing mining difficulty as a basis to open long or short positions. Touted as fully…

Crypto industry was ‘judge, jury and executioner’ for FTX: Pompliano
The crypto investor and Bitcoin bull said that in crypto, market forces tend to eliminate bad people as quickly as bad businesses. 469 Total views 5 Total shares Prolific podcaster and cryptocurrency investor Anthony Pompliano has not lost faith in people or the crypto industry despite the disappointing conduct of former FTX CEO Sam Bankman-Fried.Bankman-Fried,…

CBDCs could lead to ‘deeply negative interest rates’: Wall Street Journal
Issuing CBDCs may give a central bank more power over interest rate adjustments according to a new report. 253 Total views 12 Total shares According to the Wall Street Journal, central bank digital currencies (CBDCs) could actually negatively impact interest rates by giving policymakers an additional tool. A Sept. 8 article authored by senior columnist James…