Coinbase posts $1.2B net income in Q1, surpasses entire 2023 earnings
Coinbase Q1 earnings exceeded full-year 2023 results thanks to market conditions driven by new Bitcoin ETFs.
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Paxos secures approval from Singapore’s financial regulator
The stablecoin issuer said the regulatory approval would help support its partners in expanding services into Asia. 246 Total views 19 Total shares The Monetary Authority of Singapore, or MAS, has granted stablecoin issuer Paxos regulatory approval to offer crypto services to local companies.In a Thursday announcement, Paxos said it had received a license from…
Cryptocurrency News From Japan: May 31 – June 6 in Review
Two exchanges saw unauthorized access issues, Japan ranked second in 24-hour Bitcoin trading volume for May globally, and more headlined news from Japan this past week. 1120 Total views 40 Total shares This week’s headlines from Japan included Coincheck updating the public on a recent data leak, a blockchain tech outfit unveiling plans for a…
Breaking: Telegram Abandons Telegram Open Network and GRAM Tokens
Telegram CEO announces the end of Telegram Open Network and Gram following regulatory battle. 3180 Total views 59 Total shares Per a May 12 message from Telegram CEO Pavel Durov, the company is calling it quits on the Telegram Open Network and the linked GRAM tokens following a lengthy battle with the United States Securities…
Bitcoin faces elevated CPI with BTC price tackling $26.8K focal point
Bitcoin (BTC) is clinging to the key $26,800 mark prior to the Oct. 12 Wall Street open as United States inflation data continued to beat expectations.BTC/USD 1-hour chart. Source: TradingViewBTC price reacts as CPI surpasses predictionsData from Cointelegraph Markets Pro and TradingView showed BTC price volatility staying muted after two-week lows seen the day prior.These
Reddit to reportedly tokenize karma points and onboard 500M new users
Reddit engineer, Rahul, highlights the social media platform's efforts to improve user interaction through various cryptocurrency initiatives. 734 Total views 15 Total shares American social media giant, Reddit, may soon convert users’ karma points into Ethereum-based (ERC-20) tokens and onboard 500 million new crypto users in the process, according to a newly hired Reddit engineer.A…
Hyperliquid’s HYPE token surges 60% after billion-dollar airdrop
Hyperliquid has distributed over 300 million HYPE tokens to eligible community members on Nov. 29.
Industrial and Commercial Bank of China To Embrace Blockchain Technology
The Chairman of the Industrial and Commercial Bank of China (ICBC) has said that the bank will focus on blockchain technology development, BiaNews reported September 1.Founded in 1984, the ICBC is reportedly the largest bank in China with over 5,000 corporate and 530 million personal customers. In 2017, the bank focused on the construction of…
Talking Digital Future: Blockchain Technology
I have a feeling that a lot of businesses still don’t understand why they need blockchain, while others may believe they need it just because they think it’s another fashionable tech trend or something.I’ve been involved in technology for 30 years, and it is always interesting to me how people respond to the introduction or…