Category : Cryptocoins News

Cryptocoins News

Ether ETF applications flood the SEC as ProShares files the 11th

ProShares has filed for an equal-weight Bitcoin and Ether exchange-traded fund, marking the 11th Ether ETF application in less than seven days. The United States Secur...

Tenstorrent Secures $100 Million Led by Hyundai and Samsung

AI chip developer Tenstorrent has closed a $100M round led by Hyundai and Samsung. The funds will accelerate product development and AI chiplet design. (Read More)

Matter Labs Denies Polygon’s Allegations Of Open-Source Code Plagiarism

Matter Labs has denied allegations of source code plagiarism made by Polygon.& Polygon previously accused Matter Labs of copying part of its open-source code without giving due credit.In response, Matter Labs claimed it had sufficiently attribut...

Coinbase to file order seeking dismissal of SEC lawsuit

Paul Grewal said Coinbase would seek to dismiss the Securities and Exchange Commission’s suit, arguing that the crypto exchange never sold securities as the regulator alleged....

Block posts 34% increase in Bitcoin revenue in Q2 but shares stumble

Bitcoin profits on Block’s Cash App dropped slightly from the first quarter of 2023 but remain up 7% from this time last year. Shares in payment technology firm Block...

U.S. Bank: Gen Z Prioritizes Values in Investment Choices but Struggles to Start

A new survey conducted by U.S. Bank has shed light on the investment behaviors and attitudes of Generation Z (Gen Z), revealing a generation driven by values but overwhelmed by the complexities of investing. (Read More)

Coinbase reports a 13% sequential decline in transaction revenue

Coinbase reported its second-quarter financial results on Thursday. Berenberg analyst Mark Palmer sees downside in “COIN” to $39. Coinbase stock has nearly tripled since the start of the year 2023. Shares of Coinbase Global Inc wobbled...

Coinbase Stock Jumps 10% After Q2 Revenue Exceeds Estimates

Coinbase’s revenue in the second quarter of 2023 exceeded market estimates by over 12%.The crypto exchange posted a net loss of $97 million and positive adjusted EBITDA of $194 million in Q2.& The interest income from the USDC stablecoin came in...

Curve, Metronome and Alchemix offering 10% bug bounty on Vyper hack

The exploit on July 30 resulted in the theft of roughly $70 million in cryptocurrencies, bringing the bounty close to $7 million. Decentralized finance (DeFi) platform...

Digital Dollar Project completes CBDC retail remittance pilot with Western Union

The project simulated transfers to customers of BDO Unibank in the Philippines with improved settlement time, cost and transparency. The Digital Dollar Project (DDP) a...

‘Computer language that anyone can read’ launches Aeternity compiler

Lexon now features a compiler that allows users to translate code from it to Solidity, Sophia or JavaScript. Smart contract computer language Lexon (LEX) launched a co...

Kenya Says Registration of Sam Altman’s Worldcoin in April Not Endorsement

Kenya’s interior and information ministries in a joint statement addressed to the country’s National Assembly said the data controller registration certificate issued to Worldcoin on April 18, 2023, is not a valid license for the project to operate i...

Coinbase Q2 earnings beat estimates amid Blackrock custody deal, institutional focus

The company beat estimates while non-trading revenue beat trading revenue. New York-based crypto exchange Coinbase reported revenue in the amount of $708 million in t...

Coinbase Q2 beats estimates amid Blackrock custody deal, institutional focus

The crypto exchange’s second quarter revenue beat estimates while non-trading revenue surpassed trading revenue. Crypto exchange Coinbase reported $663 million in net...

Coinbase beats Q2 estimates amid BlackRock custody deal, institutional focus

The crypto exchange’s second-quarter revenue beat estimates, while non-trading revenue surpassed trading revenue. Crypto exchange Coinbase reported $663 million in net...

Optimism transactions surpass Arbitrum, but what’s behind the uptick in users?

Transactions on Optimism recently eclipsed the Arbitrum network, but do the project’s fundamentals support a sustainable growth trajectory? Optimism is a layer-2 scal...

Polygon Zero accuses Matter Labs’ developers of plagiarism

Polygon Zero has accused Matter Labs of copying significant code from its Plonky2 library to zkSync, a rival Ethereum layer-2 scaling solution. Update (Aug. 3 at 9:49...

XDC price prediction as coin rallies by 31% in a week

Key takeaways XDC is the best performer amongst the top 100 cryptocurrencies by market cap so far this week. AltSignals has now raised more than $1.2 million in its second presale round.& The cryptocurrency market has been bearish so far t...

Curve Finance Founder Sells 72 Million CRV, Brings Down CRV-Backed Debt By 21%

Curve Finance founder Michael Egorov has offloaded 72 million Curve Dao Tokens since last week’s exploits.& Egorov has managed to reduce his $100 million debt, collateralized with 427 million CRV, by 21%.& Earlier today Curve’s crvUSD stable...

Futureverse co-founders launch $50M venture fund

The AI metaverse company raised $54 million in a Series A round in July. Shara Senderoff and Aaron McDonald, co-founders of artificial intelligence and metaverse compa...

Could a Bitcoin bull run be triggered by Fitch’s US credit rating downgrade?

Fitch downgraded the U.S. credit rating due to its government debt and potential challenges in handling its fiscal responsibilities. Will Bitcoin’s price benefit from this decision?...

Breaking: New York Man Admits to $4.5B Bitfinex Hack

A New York resident accused of being behind the 2016 hack that led to a loss of Bitcoins worth USD $4.5 billion on Bitfinex pleaded guilty today (Thursday). Ilya Lichtenstein also pleaded guilty to laundering the stolen Bitcoins in a federal court in...

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