Coinbase Trades at a $77B Valuation as BTC Heads Towards a $1T Market Cap

Coinbase introduced cbBTC, which brings bitcoin to the Solana blockchain. Bitcoin helps power trading, lending and borrowing on centralized crypto exchanges, but this crucial functionality requires extra effort in DeFi. Some hope Coinbase's move will spur more DeFi activity on Solana. 02:41 Bitcoin's New All-Time High; U.S. BTC Reserve Hopes Fly 16:22 Bitcoin to Reach

Aug 31, 2020 at 17:17 UTCUpdated Aug 31, 2020 at 17:18 UTCFederal Jury Indicts Three Accused of Posing as Pastors in Alleged $28M Ponzi SchemeThree men accused of passing themselves off as pastors to get churchgoers and other investors to put money into what prosecutors say was $28 million ponzi scheme have been indicted by…

Mar 24, 2020 at 22:25 UTCUpdated Mar 24, 2020 at 22:41 UTC(Telegram via Shutterstock)A U.S. judge ordered messaging platform Telegram to refrain from issuing its gram cryptocurrency next month as planned, granting a request by the Securities and Exchange Commission (SEC).In a preliminary injunction dated March 24, U.S. District Judge P. Kevin Castel, of the…

Users of the long-troubled cryptocurrency exchange WEX have begun filing police reports after more than three months of being unable to withdraw major cryptocurrencies or fiat, CoinDesk has learned. A WEX trader named Ruslan, who has been encouraging other users to seek an official investigation, told CoinDesk that as many as 35 such reports have…

The appointment of an independent investigator into the collapse of crypto exchange FTX was on Tuesday referred to the U.S. Third Circuit Court of Appeals by a Delaware District Judge.The government has joined a bipartisan grouping of Senators to call for an independent inquiry into the fall of Sam Bankman-Fried’s empire, despite warnings from FTX’s…

Three men duped New York-area banks into shelling out more than $10 million and tried to make off with the money by converting it to crypto, U.S. Attorney Damian Williams said Thursday in a statement.Zhong Shi Gao, Naifeng Xu and Fei Jiang allegedly stole millions of dollars from nearly a dozen financial institutions throughout the

Jan 12, 2021 at 8:00 a.m. UTCEthereum-Based Nexus Mutual Expands Its Decentralized ‘Insurance’ to Centralized ExchangesNexus Mutual, a startup that provides a decentralized alternative to insurance, is extending its community-based offering to cover users of well-established cryptocurrency exchanges such as Coinbase, Binance, Kraken and Gemini.Until now Nexus, which uses digital tokens to revamp the traditional…

news Bitcoin’s (BTC) relief rally gathered pace on Thursday, pushing prices to two-week highs above the psychological hurdle of $4,000. The cryptocurrency rose to a high of $4,067 at 09:06 UTC – a level last seen on Dec. 4 – according to CoinDesk’s Bitcoin Price Index (BPI). Its market capitalization also hit a two-week high…

HBO says it knows who Satoshi is. The television network is releasing a documentary, "Money Electric: the Bitcoin Mystery," on Tuesday, with the claim that it will unveil the true identity of Satoshi Nakamoto, the pseudonymous creator of Bitcoin. The documentary is directed by investigative filmmaker Cullen Hoback, who made a name for himself unmasking