Crypto 'eating TradFi's lunch' as $5.75B Coinbase revenue beats Nasdaq

Though the protocol offers an arguably lucrative yield of 4% per year, it's only available to accredited investors as of now. On Monday, decentralized finance, or DeFi, protocol Compound Treasury announced that it received a credit rating of B- from S&P Global Ratings. As told by the team at Compound, this represents the first time…

Just $20 million of the $1 billion in cryptocurrency that Ethereum (ETH) co-founder Vitalik Buterin donated to a Covid-19 relief fund in India has so far been cashed out and distributed to aid recipients. Figuring out why the process is not as frictionless as crypto users would hope is the focus of a recent interview…

Experts from Xrplorer say that a fake XRP giveaway scam emerged in January 2020 and remains alive. Cryptocurrencies forensics experts from Xrplorer warned on June 15 of an elaborate phishing scam where hackers try to steal the secret keys of XRP users, under the false premise that Ripple is giving away tokens.According to the report,…

Bitcoin's recent price dive may have been nothing more than the result of standard trading activities. 2074 Total views 35 Total shares Bitcoin (BTC) dove more than $1,000 on some exchanges on June 2, although the event seems to be the result of simple trading activity, according to OKCoin's head of market development Matthew Ficke. "Price…

83% of decentralized applications (DApps) on the Ethereum network are “not in the most productive uses,” according to Ernst & Young’s (EY) head of innovation.Paul Brody, Global Innovation Leader for blockchain at Big Four audit firm EY, spoke about developments in the blockchain and digital asset industries during a Fintech Forum hosted by the United…

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision.The market data is provided by the HitBTC exchange.Cryptocurrencies are struggling to move up, even after having been…

While Bitcoin (BTC) might not be ready for the moon yet, its underlying technology of blockchain is being increasingly adopted in space.The European Space Agency (ESA), a major intergovernmental organization dedicated to space exploration, is funding a new blockchain project aiming to boost the world’s mining industry.A known contributor to blockchain technology applications, the ESA…

Developer 1st Playable has denied rumors one of their games was used to hijack Nintendo’s Switch console to mine Bitcoin and other cryptocurrencies.While the recent Nintendo release, Cooking Mama: Cookstar, is connected to blockchain technology —  it’s not in the way some players have speculated. Addressing the rumors on Twitter, 1st Playable said there was absolutely…

Institutional investors can get USD on credit without liquidating their ETH. Crypto custody bank Anchorage Digital is expanding its services into crypto-backed loans for institutional investors.Clients at Anchorage can now access a line of USD credit backed by Ethereum through its partnership with U.S. commercial bank BankProv.Anchorage Financing will introduce a simple way for investors…