Crypto industry

Crypto hardware wallet provider Ledger's update has sparked a heated debate among industry experts, with some being concerned about the potential security and privacy implications, while others are optimistic about the feature's security measures. The update allows devices to...

Bitcoin (CRYPTO: BTC) dipped below $27,000 for the second consecutive day, mirroring its late March figures. At the time of reporting, the most significant digital currency by market size was priced around $27,370 — a 4% decline from the previous day. Throughout the season, Bitcoin's...

Terraform Labs (CRYPTO: LUNA) co-founder Do Kwon and former CFO Han Chong-joon have been granted conditional release by a Montenegrin court after they each posted bail of 400,000 euros (U.S.$436,000). The duo were detained in March at Podgorica Airport, accused of attempting to exit the country...

Venture capital firm Paradigm filed an amicus brief in support of Coinbase Global Inc.'s (NASDAQ: COIN) ongoing lawsuit against the U.S. Securities and Exchange Commission (SEC). The lawsuit aims to compel the SEC to respond to Coinbase's rulemaking petition, which seeks practical...

SEC Commissioner Hester Peirce cited the European Union's (EU) recently implemented Markets in Crypto Assets (MiCA) regulation as a potential blueprint for U.S. cryptocurrency rules. During a panel discussion at the Financial Times Crypto and Digital Assets Summit in London, Peirce acknowledged...

The well-known cryptocurrency advocacy group Blockchain Association made the decision to relocate to Washington, D.C., and focus on federal policies as the regulatory pressure on the digital assets industry grows. What Happened: The organization is moving resources out of New...

Former Coinbase (NASDAQ: COIN) CTO Balaji Srinivasan is optimistic that Bitcoin's (CRYPTO: BTC) could hit the $1 million mark by June 17. Srinivasan made the comment back in March at a CoinDesk conference held in Austin, Texas. "Could it be that it takes 900 days or even 90 months? It...

As cybersecurity becomes increasingly crucial in the digital age, cryptocurrency companies are offering substantial bug bounties to reward ethical hackers for discovering vulnerabilities in their systems. Here are the top three highest bug bounties paid by cryptocurrency companies, based on a...

Cryptocurrency exchange Coinbase Global Inc (NASDAQ: COIN) has obtained a license to operate in Bermuda, signaling its plan to increase international business. The license from the Bermuda Monetary Authority allows Coinbase to launch an offshore derivatives exchange in Bermuda as soon as...

Vishal Gupta, the former senior director of product management at Coinbase Global Inc. (NASDAQ: COIN), is leaving the digital-asset trading platform to work on a new project in the cryptocurrency space. What Happened: The focus of Gupta's new project remains unclear, according to a...

The Securities and Exchange Commission’s (SEC) Wells notice to Coinbase (NASDAQ: COIN) has sent ripples across the cryptocurrency industry, with experts expressing concerns over the regulator's approach to regulating the market. The SEC alleges several violations and highlighted the...

Cryptocurrency exchange Coinbase Global Inc (NASDAQ: COIN) has received a Wells Notice from the U.S. Securities and Exchange Commission (SEC) over potential violations of U.S. securities law. What Happened: In a regulatory filing, Coinbase revealed the notice related to its spot...

Iceland-based video-game developer CCP Games announced on Tuesday that it raised $40 million in a funding round led by Andreessen Horowitz, with participation from other investors such as Makers Fund, Bitkraft and Nexon, among others. The new capital will be used to expand CCP Games'...

New banks are expected to compete for business from cryptocurrency companies in the wake of the demise of Silvergate (NYSE: SI) and Signature bank, according to former FTX.US president Brett Harrison. In an episode of "The Scoop" podcast with The Block, Harrison noted that "...

The Securities and Exchange Commission's direction to Paxos to cease issuing new units of Binance's dollar-pegged cryptocurrency Binance USD (CRYPTO: BUSD), has triggered reactions from industry experts, who believe that staking yield should not be considered a security. Slava Demchuck, CEO...