The recent probe involving President Donald Trump and the cryptocurrency exchange Binance unveils a web of connections that cannot be ignored. Democratic senators, led by prominent figures like Elizabeth Warren, have urged for an investigation by the Treasury and Justice Departments, citing potential violations linked to Trump-affiliated digital assets. This scrutiny raises an alarming question:
Exchanges
In a bold move, Coinbase has struck a deal to acquire Deribit, a prominent crypto derivatives platform, for a whopping $2.9 billion. This acquisition not only marks the largest in Coinbase’s history but also signifies a strategic pivot in the rapidly evolving landscape of cryptocurrency trading. The implications of this merger are profound, as it
In an alarming recent revelation, blockchain investigator ZachXBT disclosed that Coinbase, one of the most prominent cryptocurrency exchanges, has seen its users collectively lose an astonishing $45 million in just one week to social engineering scams. This figure is anything but trivial; it underscores a disturbing trend that has been plaguing the crypto landscape, particularly
In a groundbreaking move for the financial technology sector, Coinbase has recently introduced the x402 protocol—an innovative framework that repurposes the HTTP 402 “Payment Required” status code for on-chain payment applications. Unveiled on May 6, this open-source protocol emerges at a pivotal time when digital transactions are begging for efficiency and autonomy. This shift could
The implementation of the Markets in Crypto-Assets (MiCA) regulations marks a defining moment in the evolution of the European cryptocurrency landscape. No longer can exchanges operate in a vacuum, neglecting regulatory compliance in pursuit of swift profits. Instead, the shift emphasizes not only the need for compliance but also a broader commitment to user safety
The plummet of the native token MOVE, tied to the Ethereum-based Movement Network, reveals a disturbing trend in the cryptocurrency realm. Following a swift and calculated strategy by Coinbase to delist this asset on May 1, the token has faced unprecedented scrutiny. The abrupt decision, accompanied by the announcement of a trading suspension beginning May
Robinhood’s latest quarterly report shines a glaring spotlight on the newfound vigor in retail crypto trading, revealing a remarkable doubling of crypto revenue to $252 million. This surge appears as a beacon for individual investors, driving a 77% increase in transaction-based revenue. It’s tempting to herald this as the awakening of the retail trader, returning
In a digital landscape increasingly shaped by the forces of surveillance, Coinbase’s recent filing of an amicus brief with the U.S. Supreme Court stands out not just as a legal maneuver, but as a fundamental statement about user rights and privacy. The case poses critical questions about the reach of governmental authority over personal data—especially
The cryptocurrency arena, particularly the memecoin market, is a volatile beast where fortunes can be made or lost overnight. The recent actions surrounding the TRUMP token—a digital currency associated with a fan-driven initiative for former President Donald Trump—illustrate both the unpredictable nature of such tokens and the potential risks to investors. Retrospectively examining recent transactions
In the fast-paced world of cryptocurrency exchanges, where fortunes can change in an instant, a recent incident involving Bitget has raised serious questions about ethical trading practices and the vulnerabilities of digital asset platforms. Bitget, a prominent crypto exchange, has taken the bold step of pursuing legal action against eight users, accusing them of exploiting