S&P Global downgrades Coinbase credit rating for weak Q2 earnings, competitive pressures
Coinbase Global sees its credit rating downgraded by S&P Global amid regulatory pressures, weakened market performance and competitors. Major American...
Day: August 12, 2022
Dutch authorities arrest suspected Tornado Cash developer
The Dutch Fiscal Information and Investigation Service doesn't rule out multiple arrests in its ongoing criminal investigation against the crypto...
Brazilian payment app PicPay launches crypto exchange with Paxos
The integration with Paxos marks the first move for PicPay to introduce its 30 million customers to digital assets and...
Three-quarters of institutions to use crypto in the three years: Ripple
Ripple's new Value Report on enterprise crypto and blockchain highlights NFT, blockchain and CBDC utility in business settings. A whopping...
Mercado Libre to Expand Cryptocurrency Services to More Countries in Latam
Mercado Libre, one of the biggest retailers in Latam, has announced that it plans to expand its cryptocurrency trading services...
Picpay Rolls Out Crypto Trading Options to More Than 30 Million Users in Brazil
Picpay, a payments and wallet app, is now providing cryptocurrency services to more than 30 million users in Brazil. The...
Bitcoin Miner Genesis Digital Assets Secured 708 MW in Capacity During the First Half of 2022
This week the bitcoin mining company Genesis Digital Assets announced that the firm has secured 708 megawatts (MW) in capacity...
Binance recovers the majority of funds stolen from Curve Finance
Binance recovered and froze around $450,000 worth of the stolen assets, which is around 80 percent of the stolen funds....
Institutional staking won’t take off unless asset lock-up solved: Coinbase CFO
Coinbase's new institutional-focused staking product won't be a "near-term phenomenon" while liquid staking is still being worked out. Institutional staking...
3 cryptocurrencies that stand to outperform ETH price thanks to Ethereum’s Merge
It's not just ETH price that stands to benefit from Ethereum's move to proof-of-stake in September. After years of waiting,...
ASIC chair troubled by sheer amount of ‘risk-taking’ crypto investors
Australia's financial services regulator sees the rise in crypto investment during the COVID-19 pandemic as a cause for concern, especially...
BlackRock Bitcoin fund launch sends BTC price toward $25K
The announcement is the “most bullish news” ever for long-term hodlers, one analyst argues, as Barry Silbert heralds the arrival...
BTC mining stocks double in a month as production ramps
While Bitcoin and Ethereum prices may have climbed lately, Bitcoin mining companies have been absolutely pumping. Crypto mining companies have...
Bitcoin Price Prediction for Today August 11: BTC Price Turns Down From $24.9K High
Bitcoin Resumes Consolidation Above $23.9K as Btc Price Turns Down From $24.9K High – August 11, 2022Bitcoin bulls have made...
Crypto Exchange Hotbit Suspends Service After Law Enforcement Freezes Its Funds, Subpoenas Senior Managers
Crypto exchange Hotbit has announced the suspension of trading, deposits, withdrawals, and funding on its platform. The exchange said law...
