Coinbase, Robinhood crush estimates, analysts raise targets

Crypto futures trading volume now reportedly amounts to nearly 50% of the value of spot trading on crypto markets, according to Bloomberg.13 exchanges analyzedCiting volume data from 13 major global crypto exchanges, Bloomberg reported on a massive growth of cryptocurrency futures markets Oct. 31.The analyzed exchanges include institutional digital asset platform Bakkt, the Chicago Mercantile…

Bitcoin miners are finding it extremely hard to continue their operation as the cost of production has exceeded the profit. 546 Total views 5 Total shares The cryptocurrency market entered a sell-off phase in the first week of June, seeing a market-wide route with the majority of cryptocurrencies falling to a 4-year low.The deteriorating market…

The food industry could save up to $31 billion in global fraud savings by tracking food on its way from farms to consumers via the blockchain.A Nov. 25 study by Juniper Research reveals that blockchain technology, in combination with Internet of Things (IoT) sensors and trackers, will greatly reduce retailers’ costs by streamlining supply chains,…

Chinese authorities arrested fifteen men suspected of corrupting an internet café administrator to mine cryptocurrency.Local crypto industry news outlet 8BTC reported on Sept. 3 that police in Henyang, a city in south central China’s Hunan province, arrested the man for cryptojacking. Over 9,000 computer administrators were reportedly involved in helping the unauthorized mining operation.A profitable…

Central bank digital currencies (CBDC) will not hold much interest for the general public unless they provide full anonymity, the deputy governor of Mexico's central bank has argued. The executive’s remarks were published by the Bank for International Settlements on July 11.Javier Calafell, deputy governor of the Bank of Mexico (Banxico), delivered a speech on…

Welcome readers, and thanks for subscribing! The Altcoin Roundup newsletter is now authored by Cointelegraph’s resident newsletter writer Big Smokey. In the next few weeks, this newsletter will be renamed Crypto Market Musings, a weekly newsletter that provides ahead-of-the-curve analysis and tracks emerging trends in the crypto market. The publication date of the newsletter will remain…

Despite the sanctions on the crypto mixing service, the bad actors behind January's biggest exploit have deposited millions worth of funds into Tornado Cash. 229 Total views 8 Total shares Own this piece of history Collect this article as an NFTThe suspected actors behind the $6 million exploit of decentralized finance (DeFi) lending protocol Lendhub…

Brave has paused its BAT referral program in five countries after detecting “a high number of fraudulent referrers.” 1034 Total views 25 Total shares Crypto-powered web browser, Brave, has halted its referral program for users in China, Russia, Indonesia, Vietnam and Ukraine after detecting “a high number of fraudulent referrers” in those regions, according to…

This week’s headlines from Japan include several central banks collaborating on digital currency research, Binance removing the Japanese yen from its platform, Japan’s Liberal Democratic Party investigating digital assets, comments from Japan’s Deputy Prime Minister on digital currency research importance, and Coincheck paying out its first Lisk staking reward. Check out some of this week’s crypto…