DOJ Selects Coinbase to Provide Crypto Services to US Marshals Service


The Department of Justice (DOJ)’s U.S. Marshals Service has selected crypto exchange Coinbase to provide crypto custody and trading services. The U.S. government’s contract, valued at over $32 million, aims to streamline the management and disposal of seized cryptocurrencies, ensuring...

Coinmetrics Report: Bitcoin Mining Faces Turbulence in Q2 2024 


Bitcoin miners experienced a challenging second quarter in 2024, marked by a 7% decline in hashrate following the halving event. Despite this, the industry saw significant efficiency improvements and notable market activity, according to a Coinmetrics report. Bitcoin Mining Faces Pressures...

DCG, Top Executives Renew Push to Get New York AG’s Civil Fraud Suit Dropped


Lawyers for cryptocurrency firm Digital Currency Group (DCG) and two of its top executives – CEO and founder Barry Silbert and Soichiro “Michael” Moro, the former CEO of DCG’s wholly-owned trading arm Genesis – have made a final effort to convince a judge to toss out New York Attorney General...

Welcome to DePIN Summer


Decentralized Physical Infrastructure Networks (DePIN) are flourishing across multiple businesses, creating an “economy of things,” where value is shared across all participants. Scott Foo, founder of DePIN Daily, digs in

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