The exchange’s agreement with USDC stablecoin issuer Circle has been a boon as interest rates march higher. When Coinbase reports its second-quarter earnings on Thursday, it could mark a significant shift for America’s leading crypto exchange: transaction fees could stop being its top money-maker, supplanted by its proximity to USDC stablecoin issuer Circle. When the […]
Meme coins like BALD, COIN, and BASED sparked activity on Coinbase’s new Ethereum layer-2 network. “If you build it, they will come,” a mysterious voice whispered to Kevin Costner in Field of Dreams—yet the phrase seems to ring equally true for degens in search of lucrative gains on Coinbase’s Ethereum layer-2 network Base. The network, which […]
At the PlayGG event, the Solana Foundation shared its strategy for changing the rough narrative around blockchain games. While naysayers continue to call NFTs and the associated blockchain games a cash grab, the Solana Foundation intends to flip the script and change the narrative, making a public push last week with its PlayGG event in San Diego. “The reception […]
Mark Cuban, a Shark Tank star and owner of the NBA team Dallas Mavericks, has weighed in on the U.S. Securities and Exchange Commission (SEC) v. Ripple case regarding XRP. “The current mission of the SEC is not to protect small investors,” the billionaire asserted. “Their goal is to litigate. And litigate more. And litigate more.” […]
Tesla’s Q2 2023 Update reveals that the American electric car and clean energy company refrained from selling any of its bitcoin (BTC) or cryptocurrency holdings in the previous quarter. For the past three quarters, Tesla has maintained a digital asset portfolio worth approximately $184 million. Tesla Holds Steady on Bitcoin in Q2 2023, Maintains $184M […]
Ripple Labs’ chief legal officer has broken down Thursday’s ruling on the U.S. Securities and Exchange Commission (SEC) v. Ripple case. Emphasizing that the landmark ruling is “a huge win” for the crypto firm, he stressed that “as a matter of law – XRP is not a security.” In addition, he noted that crypto sales on exchanges […]
On Wednesday, July 12, 2023, the U.S. Bureau of Labor Statistics released the Consumer Price Index report for June, showing a 3% increase in inflation, the lowest level since March 2021. The U.S. inflation rate has fallen for 12 consecutive months, with the index rising 0.2% on a monthly basis. Labor Department’s CPI Data Shows […]
Bitcoin (BTC) halving, the most anticipated quadrennial event in the cryptocurrency space with potential to drive the maiden digital currency price to new heights. However, it could pose more troubles to Bitcoin miners than the previous ones. As per experts, Bitcoin miners would face more challenges in the upcoming halving, given the high electricity costs and debt […]
Multiple sources have reported that the Dash blockchain came to a standstill at block height 1,874,879 following an attempted upgrade to version 19 by the developers. As of now, data indicates that the most recent block verified on the network was over 16 hours ago. Dash Network Upgrade Fails, Resulting in Block Production Halt, Cause […]
As of Sunday, May 21, 2023, over 8.3 million Ordinal inscriptions have found their place on the Bitcoin blockchain, accompanied by a count of 24,677 BRC20 tokens. These new BRC20 tokens have also amassed a collective market capitalization of $483 million. Statistics reveal that over 1.3 million Ordinal inscriptions have been issued in the past […]