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Coinbase's Allies Join Crypto Firm's Case Against SEC


Several allies joined Coinbase Inc. (COIN) in its court fight against the U.S. Securities and Exchange Commission (SEC) to force the agency to rethink its refusal to write specific rules to govern the crypto industry, with Paradigm, the Crypto Council for Innovation and others filing outside...

Crypto Firm Bakkt Taps New CEO After Revealing Financial Struggles


Crypto trading platform Bakkt announced Monday that Andy Main will take over as President and CEO. He will replace Gavin Michael, who is leaving for new opportunities. The post Crypto Firm Bakkt Taps New CEO After Revealing Financial Struggles appeared first on Cryptonews

Trump Poll Numbers In US Elections Boosted By Crypto Community


A recent poll conducted by leading crypto venture capital firm Paradigm reveals that Donald Trump enjoys significant support from the crypto community.  The post Trump Poll Numbers In US Elections Boosted By Crypto Community appeared first on Cryptonews

Crypto Gains Surpassed $37.6 Billion in 2023: Chainalysis


Global crypto gains reached $37.6 billion in 2023 following substantia losses in 2022, blockchain intelligence firm Chainalysis reveals in a new report released Thursday. The latest data is a promising sign for the crypto industry amidst bitcoin's dramatic rally. The post Crypto Gains Surpassed...

Israeli Crypto Firm Launches Pilot for First Shekel-Backed Stablecoin


Israel has taken a significant step in the cryptocurrency domain by green-lighting a pilot for BILS, the first stablecoin pegged to the New Israeli Shekel. Bits of Gold and Israeli Authority Launch BILS Stablecoin in Regulatory Sandbox The initiative, spearheaded by the crypto broker Bits of Gold...

Core Scientific Reports $502M in 2023 Revenue, Down From $640M in 2022


Crypto mining firm Core Scientific has announced a decline in year-on-year revenues in its Q4 2023 results, accompanied by a substantial reduction in net losses.  The post Core Scientific Reports $502M in 2023 Revenue, Down From $640M in 2022 appeared first on Cryptonews

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