cryptocurrencies

What Happened: A new report from Coinbase Global Inc (NASDAQ: COIN) revealed that Ethereum (CRYPTO: ETH) outperformed all other benchmark assets, including Bitcoin (CRYPTO: BTC) during the first half of 2021. “The second most valuable crypto asset appreciated 895% over the 12-month period and...

Multinational beverage corporation Coca-Cola Co (NYSE: KO) has partnered with digital wearable designer Tafi to launch its first set of nonfungible tokens (NFTs). Coca-Cola’s NFTs will be a set of digital collectibles, set to launch on July 30 to celebrate International Friendship Day. What...

What Happened: A recent report from the International Monetary Fund (IMF) states that cryptocurrencies pose more risks than benefits when it comes to adopting it as legal tender. In a recent blog, IMF officials Tobias Adrian and Rhoda Weeks-Brown concluded that attempting to make...

Digital asset custodian Fireblocks has raised $310 million in Series D funding led by several high-profile investors from across the globe. What Happened: The latest round of funding has boosted the company’s valuation to $2 billion, thereby solidifying its status as a crypto unicorn. The...

What Happened: Major crypto exchanges Binance and FTX moved to abandon the high levels of leverage trading offered on their platforms. In a series of tweets on Sunday, FTX CEO Sam Bankman-Fried announced that it was time to move on from leverage trading. “Today, we're removing high...

What Happened: CNBC’s “Mad Money” host Jim Cramer recently revealed why he thinks Ethereum (CRYPTO: ETH) is a good buy at current prices. In an interview with TheStreet, Cramer said that he is still holding his Ethereum position and believes that the second-largest cryptocurrency...

What Happened: Uniswap (CRYPTO: UNI), the leading decentralized crypto exchange, has restricted access to a number of tokens on its platform. “Today, consistent with actions taken by other DeFi interfaces, we have taken the decision to restrict access to certain tokens through app.uniswap.org...

The Texas State Securities Board (TSSB) issued a cease-and-desist order against crypto trading and lending platform BlockFi alleging that BlockFi’s Interest Account (BIA) product is a security under state rules. What Happened: According to a report from CoinDesk, if the order takes effect...

Dfinity's highly-anticipated Internet Computer (CRYPTO: ICP) platform found itself amid a major controversy after a class-action lawsuit been filed in California describes it as an unregistered security. What Happened: The complaint was filed on July 15 “on...

Bitcoin (CRYPTO: BTC) is severely undervalued compared to the Bitcoin stock-to-flow (S2F) model, data shows. What Happened: According to Glassnode, when BTC price dipped under $30,000 on Tuesday, it was only at about 0.27 of the value that it was estimated to have...

As the U.S. Treasury Department eyes stablecoins and EU targets terrorism financing, blockchain leaders discuss the costs of compliance - and of non-compliance.  The only thing worse for blockchain projects than dealing with crypto regulations seems to be a lack of clarity from regulators...

MAGACOIN (CRYPTO: MAGA), a pro-Trump cryptocurrency created by the America First Conservatives coalition out of frustration with losing the election, has attracted over 1000 supporters since its launch. What Happened: According to a report from The Guardian, a data breach on the project’...

According to Patrick Heusser — head of trading at asset manager Crypto Finance — Bitcoin's (CRYPTO: BTC) fall below $30,000 is just the beginning of another major correction for the world's top cryptocurrency. What Happened: According to Fortune, Heusser told the...

A vast majority of institutional investors expect to invest in or buy cryptocurrencies in the future, despite the market's high volatility standing in the way of new entrants. What Happened: According to Reuters, seven out of ten institutional investors expect to gain exposure to crypto...

Soon-to-be publicly traded stock and crypto brokerage app Robinhood expects its upcoming quarterly revenue to be lower than previous quarters. What Happened: According to a recently amended Form S-1, Robinhood noted its trading activity during the first two months of 2021 was “particularly...