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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Robinhood confirms crypto wallet feature on app starting in October
The company did not specify which tokens the digital wallet would support, but the app currently provides commission-free trading for BTC, ETH, LTC, BCH, BSV, DOGE, and ETC. 935 Total views 28 Total shares Trading app Robinhood has opened up a waitlist to test a crypto wallet for users to hold their tokens.According to a…

AI is coming for your job: What industries will be affected?
Artificial Intelligence (AI) has been growing at an unprecedented rate in recent years and is being integrated into a range of industries. But its rapid growth has sparked concern over job losses, as many tasks previously performed by humans could soon be automated by AI.For example, on May 1, IBM CEO Arvind Krishna told Bloomberg…

Real estate firm Fathom can now add Bitcoin to its balance sheet
The Nasdaq-listed company called Bitcoin a “hedge against inflation and a safeguard against currency risks.”

CoinMarketCap Introduces Another Algorithm Update, Binance Remains in Top Spot
Top crypto data aggregator CoinMarketCap (CMC) has introduced yet another algorithm update following its acquisition deal with Binance, according to a CMC blog post published yesterday. The data provider, which was purchased for an unspecified sum by Binance in early April, has started adjusting its ranking system soon after the deal took place. As a result,…

SEC fines Coinschedule $200K over sponsored, favorable ICO ratings
The SEC asserts that Coinschedule violated anti-touting provisions of U.S. securities laws. 289 Total views 3 Total shares The U.S. Securities and Exchange Commission has settled charges against the defunct initial coin offering (ICO) review website Coinschedule.com for violating the anti-touting provisions of federal securities laws.But two SEC commissioners have penned an open letter in…

Coinbase CEO responds to insider trading allegations with changes for token listings
“There is always the possibility that someone inside Coinbase could, wittingly or unwittingly, leak information to outsiders engaging in illegal activity,” said Brian Armstrong. 548 Total views 7 Total shares After some crypto sleuths made allegations of insider trading by individuals potentially connected to Coinbase, CEO Brian Armstrong said the crypto exchange would change some…

Bitfinex’s New Social Network Seeks to Give Traders an Edge
Catering to the social realm of the digital sphere, crypto exchange, Bitfinex, announced its own social network, which opened today. On the exchange's social network, called Bitfinex Pulse, customers can immerse themselves in the energetic world of trading, collaborating on concepts, and other market related activities, said a statement provided to Cointelegraph. The product looks to give…

Craig Wright wins default judgment, Bitcoin.org must remove Bitcoin Whitepaper
Bitcoin.org must now remove the Bitcoin whitepaper, host a notice referring to the court’s judgment, and pay $48,600 to cover Wright’s legal costs. 1024 Total views 2 Total shares The self-proclaimed Satoshi Nakamoto and Bitcoin SV proponent, Craig Wright, has won a legal battle claiming copyright infringement on the part of bitcoin.org for hosting the…