Coinbase removes ‘backed by US dollars’ claim for USDC stablecoin
The Coinbase website now states that USD Coin is “backed by fully reserved assets,” contrary to the now-removed claim of...
Trending Crypto news
Institutions are buying Bitcoin like it’s late 2020
The amount of Bitcoin available on derivatives exchanges hits its lowest since May 11, before the China miner rout took...
US Senator claims support for crypto amendments despite blocking bill
Senator Shelby claims he supported the cryptocurrency provisions of the amendment to the infrastructure bill that his sole objection blocked...
Shark Tank’s Kevin O’Leary becomes FTX spokesperson, will be paid in crypto
Mr. Wonderful has signed a multi-year deal to serve as a brand ambassador and spokesperson for FTX and will be...
Coinbase’s Q2 profits top $1.6B as ETH volume surpasses BTC’s for the first time
Coinbase beat analyst estimates in Q2, after it generated $2.23 billion in revenue compared to estimates of $1.78 billion. Coinbase...
Man who minted 14M ICX tokens due to a bug can pursue lawsuit to keep them
A flaw in an upgrade to the ICON blockchain in 2020 allowed a user to repeatedly mint millions of ICX...
Venmo enables users to automatically buy crypto with ‘cash back’ rewards
Paypal-owned payments firm Venmo has expanded its crypto support by enabling credit cardholders to convert their cash back rewards into...
Ethereum supply flips briefly into deflation as gas fees spike
A spike in gas fees and ETH burn rates has produced almost 800 deflationary blocks so far. The theoretical deflationary...
Fake vax certificates renew calls for blockchain-based solution in Australia
Experts are demanding the introduction of a blockchain-based vaccine registry in Australia as counterfeit Covid passports proliferate online. With counterfeit...
Helium (HNT) gains 40% after $111M fundraise and 100K active nodes milestone
HNT price hit a 3-month high after the network’s active nodes surpassed 100,000 and the project raised $111 million through...
Bank of Jamaica mints the first batch of national digital currency
The Bank of Jamaica plans to issue a total of $1.5 million of CBDC to institutions and authorized payment service...
Biconomy launches cross-chain transaction infrastructure for EVM chains
The new infrastructure, dubbed Hyphen, allows users to transfer USDC stablecoins between Ethereum and Polygon in a more efficient manner....
Operating a crypto exchange in Japan is ‘rather tough,’ FSA chief admits
Japan’s newly appointed Financial Services Agency Commissioner, Junichi Nakajima, believes Bitcoin is a quick way to transfer cash, but people...
Cardano price is hot, but data shows pro investors haven’t warmed up yet
ADA has gained 57% in the past 3 weeks but derivatives data shows pro investors aren’t bullish yet. Cardano (ADA)...
VanEck takes new approach with SEC, files for Bitcoin Strategy ETF
SEC chair Gary Gensler recently hinted he would be more open to accepting ETFs based on crypto futures rather than...
