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SAN FRANCISCO, Feb. 27, 2025 (GLOBE NEWSWIRE) ā Investors in Block, Inc. (NYSE: SQ) n/k/a began to learn of potentially adverse information about the company and its Square and Cash App platforms on Mar. 23, 2023, when Hindenburg Research published a scathing report on the company.After a 2-year ā¦
The cryptocurrency exchange and derivatives exchange BitMEX is looking for a buyer and employed the independent investment bank Broadhaven Capital Partners to facilitate the sale, according to CoinDeskĀ citing people familiar with the matter.Ā BitMEX's search for a buyer comes after a federal judge fiā¦
Coinbase recently dropped its fourth-quarter 2024 earnings report, which revealed some interesting trends. Total trading volume reached $400 billion, matching levels last seen during the 2021 market cycle, but with notably different participant composition.Ā Retail trading accounted for 21% ($94 billā¦
Bitcoin fell 4.1% below the $85,000 level on Wednesday night ET, continuing its downward trend from last week.The world's largest cryptocurrency slid to as low as $83,600 earlier tonight, its lowest since November 2024, before rising slightly to its current trading price of $84,738, according to Theā¦
Gotbit founder and CEO Aleksei Andriunin, a Russian national, has been extradited to the United States for allegedly manipulating "cryptocurrency markets on behalf of client cryptocurrency companies," according to the U.S. Attorney's Office for the District of Massachusetts.Andriunin appeared in couā¦
Ark Invest bought 41,032 Coinbase shares, worth $8.7 million, for its Next Generation Internet exchange-traded fund (ARKW) on Tuesday and offloaded $8.6 million worth of its own spot Bitcoin ETF amid the broad crypto market sell-off.Itās the first time Ark has bought Coinbase shares for its funds siā¦
Japanese investment firm Metaplanet has once again purchased additional bitcoin, this time investing $12.9 million to acquire the top cryptocurrency and continue its accumulation strategy.The Tokyo-listed firm announced on Tuesday that it purchased an additional 135 BTC at an average price of 14.3 mā¦
The Pectra upgrade, a major update to the Ethereum network, was activated on the Holesky test network yesterday at 4:55 pm ET.This activation occurred at epoch 115,968, marking the first major step in stress-testing this upgrade before it reaches Ethereumās mainnet.Holesky is one of Ethereumās test ā¦
Universal, the crypto project building a new wrapped token standard, has closed a $9 million funding round led by Andreessen Horowitz, according to pseudonymous co-founder 0xGaut.Ā The team first decided to create āuAssetsā ā a method of bridging liquidity across different blockchain networks ā as a ā¦
Nigerian authorities sued the crypto exchange Binance for over $79 billion in economic losses and $2 billion in back taxes, according to reports from Reuters and DL News.Nigeria's tax authority Federal Inland Revenue Service (FIRS) also claimed Binance operated illegally within the country, the repoā¦
On February 12, Aston Martin Aramco's AMR25 racing car took its first breaths, and while the car's full look will be revealed on the 18th, we know now what logo will grace its rear wing: Coinbase.Ā Aston Martin's Formula One team has signed Coinbase as its Official Crypto Partner for an undisclosed sā¦
The founder of Miami-based CluCoin has been sentenced to two years and three months in prison after pleading guilty to wire fraud. Austin Michael Taylor, 41, the operator of the fraudulent scheme, will also pay restitution and forfeit assets to the tune of $1.14 million.Taylor pled guilty to one couā¦