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Coinbase CEO Urges Defi Protocols to Challenge Regulatory Crackdowns in Court


The CEO of the cryptocurrency exchange Coinbase has encouraged decentralized finance (defi) protocols to fight regulators in court if they face regulatory crackdowns. He stressed that the Commodity Futures Trading Commission (CFTC) “should not be creating enforcement actions against decentralized...

Examining the Concept of Flatcoins: Crypto Tools to Battle Inflation


With the issue of inflation rising as a real problem for global economies last year, there has been a renewed need for people to seek a way of preserving their purchasing power. Flatcoins, stable currencies that change their value according to the inflation in a determined jurisdiction, have surged...

Ben 'BitBoy' Crypto Fired From His Own Company In 'Coup' - What's Going On?


Prominent cryptocurrency influencer Ben Armstrong, founder of BitBoy Crypto, has announced his departure due to an internal coup led by TJ Shedd and Justin Williams. Despite expressing confidence in his position by stating, "Until they can clone me, I have nothing to worry about," Armstrong...

Coinbase Adjusts Debt Buyback Offer Due to Moderate Demand


Coinbase has made some changes to its debt buyback program following lackluster demand.  In a Monday announcement, the largest US-based crypto exchange said that since the program started earlier this month, investors have tendered just over $50 million worth of bonds, falling short of...

Coinbase Acquires Equity Stake in Circle; Companies Reshape USDC’s Future


In a joint statement, Jeremy Allaire, CEO of Circle, and Brian Armstrong, CEO of Coinbase, announced the dissolution of the Centre Consortium. Consequently, Circle will take exclusive charge of the issuance and governance of USDC. Additionally, Coinbase has acquired an equity stake in Circle while...

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