Americans Are Fighting Banks After Accounts Are Frozen.
Americans are increasingly turning to local news outlets after their hard-earned cash is frozen and denied. According to a new report from CBS News, a rash of banking customers are…
Coinbase makes moves for Dismissal of SEC Lawsuit.
The lawyers also made a reference to the recent XRP case decision. Coinbase and Binance were sued by the SEC in June 2023.On Friday, Coinbase submitted a brief to the…
SHIB Top Developer Calls Coinbase Onchain Summer a Copycat
Shiba Inu’s lead developer called Coinbase’s Onchain Summer a copycat. Yesterday, the leading US-based cryptocurrency exchange, Coinbase, announced its so-called Onchain Summer. In response, the lead developer of Shiba Inu…
Revolut Suspends Crypto Trading Services for U.S Customers.
Less than one percent of Revolut’s crypto clients would be affected, the firm said. Regulatory scrutiny against cryptocurrencies has increased dramatically in the U.S.Revolut has decided to discontinue offering cryptocurrency…
Coinbase Surpass Q2 Earnings Forecast Amid Ongoing SEC Lawsuit
The current price of COIN stock still represents a year-to-date gain of 170%. CEO Brian Armstrong stated the company is in good financial shape. Coinbase announced on August 3 that…
Jack Dorsey-backed Block Reports $1.87 Billion Gross Profits
Its gross profit for the second quarter of 2023 was $1.87 billion, up 27% year over year. Bitcoin revenue was up 34% over the same time in 2022.Block Inc., a…
Is Meta Instagram Threads Loosing Steam?
Elon Musk changing Twitter to X has been dominating the tech news cycle. But the bigger story is how Meta’s Threads (Mark Zuckerberg’s new microblogging alternative) went from a supposed…
Bridgecoin Capital Unveils Crypto Lending Product Leveraging Capital Gains
The new lending platform from Bridgecoin Capital is the first of its kind, allowing clients to invest their cryptocurrency in conventional real estate. This groundbreaking strategy is the first tax-efficient…
FTX’s SBF to Be in Jail Before Trial: Department of Justice.
The DOJ is pushing for FTX’s SBF detention pending trial, arguing that his actions went beyond exercising his right to speak to the press. The DOJ has accused SBF of…
Binance Hires New Compliance Officer Amidst Ongoing Legal Probes
Hecht’s background includes time as a senior policy adviser at the U.S Treasury Department.As Hecht’s successor, Chief Compliance Officer Noah Perlman will be a close collaborator.A number of Binance’s senior…