Coinbase Stock Falls 21% Following SEC Investigation
Coinbase (COIN) closed at $52.93 on Tuesday – 21% down from the day’s starting price of $61.74. It is now down 75% on the year, and 84% down from its…
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CEO of Titanium Blockchain Pleads Guilty to Securities Fraud
In a case stretching back as far as 2018, Michael Alan Stollery – the CEO of Titanium Blockchain Infrastructure Services (TBIS) – was accused of securities fraud by the SEC…
Lido DAO Votes No to Sale of 10M LDO to Dragonfly Capital
Lido Finance’s decentralized governance body – Lido DAO – has voted against a proposal to sell 10 million LDO tokens (1% of the supply) for $14.5 million in DAI to…
Stablecoin Bill Delayed to September After Treasury Raises Concerns
The House Financial Services Committee has pushed back its long-awaited stablecoin bill to September following objections from Treasury Secretary Janet Yellen. This will delay congressional discussions on the subject until…
Bithumb Owner Confirms Acquisition Discussions With FTX
Off late, digital asset exchange FTX has been offering bailouts to struggling companies and expanding its operations via acquisitions. The latest firm that FTX is in talks for acquisition is…
Here’s What Could Kick off a Bitcoin Bull Rally According to TD Ameritrade
As the primary cryptocurrency hovers around $21,000, retracing back from the weeks-high level at $24,100, experts across the industry remain cautious in regards to its upcoming price action. However, emerging…
Roger Ver’s Debt Part of the Reason for CoinFLEX’s Collapse: Report
After CoinFLEX made headlines with “Bitcoin Jesus” Roger Ver over a dispute over Ver purportedly failing to pay $47 million in margin calls, Wu Blockchain disclosed more details regarding the…
Binance CEO CZ Sues Bloomberg Businessweek for Defamation
Bloomberg’s subsidiary in Hong Kong accused Changpeng Zhao (CZ) – Chief Executive Officer of Binance – of running a cryptocurrency Ponzi scheme. In turn, the exec filed a lawsuit against…
Curve Finance Seeks One Million OP Token Grant from Optimism
Popular decentralized finance (DeFi) protocol Curve Finance is seeking a grant of one million OP tokens from the Ethereum layer-2 network, Optimism. Curve submitted a grant proposal on the Optimism…
Barclays to Acquire a Stake in UK Crypto Company Copper (Report)
One of the largest banking institutions in the United Kingdom – Barclays – is reportedly one of the investors in Copper’s latest financing round and will purchase a stake in…
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