Robinhood’s recent quarterly results have sparked debate within the financial community, presenting a mixed bag of optimism and caution. The platform reported a staggering 77% increase in transaction-based revenue, propelled by a remarkable doubling of its crypto revenue to $252 million. This resurgence highlights the intriguing dynamics of retail traders, who are re-emerging as significant
Exchanges
Coinbase, a prominent exchange in the burgeoning cryptocurrency landscape, has stepped into the ring with a potent challenge to the IRS’s sweeping demands for user data. Their amicus brief to the U.S. Supreme Court raises pivotal questions regarding the Fourth Amendment, pushing back fiercely against what they term an intrusive overreach by the tax collection
The recent transfer of nearly $20 million worth of TRUMP tokens has sent ripples through the crypto world, raising eyebrows and pertinent questions regarding the motives behind such substantial movements. On April 29, a wallet tied to the memecoin project, reportedly associated with Donald Trump, executed a significant transfer involving approximately 1.346 million TRUMP tokens.
Coinbase is making waves with the upcoming launch of its Bitcoin Yield Fund (CBYF) on May 1, a strategic move designed to attract conservative, institution-focused investors. This venture marks an audacious step in the realm of cryptocurrency, displaying an innovative blend of stability and potential for returns in a traditionally volatile market. The fund, promising
In a twist that has left the cryptocurrency community buzzing, Bitget, a growing player in the crypto exchange arena, has drawn a line in the sand by planning legal action against eight users. Accused of netting an astonishing $20 million from a glaring trading glitch involving the VOXEL token, these traders are at the center
The cryptocurrency landscape is undergoing a seismic transformation as Bitcoin’s supply on centralized exchanges hits the lowest level since 2019. As of late April 2025, a mere 2.5 million BTC remain on platforms where they could be traded, reflecting an astonishing decline of 500,000 coins since late 2024. This significant drop not only marks a
Riot Platforms, a titan in the Bitcoin mining realm, has boldly entered a $100 million credit agreement with Coinbase, leveraging its substantial Bitcoin treasury as collateral. The company plans to utilize this facility through staggered withdrawals over a two-month period. This ambitious move raises questions about the sustainability of the mining industry amid immense external
The Alabama Securities Commission’s recent withdrawal of its legal action against Coinbase over its staking program is a pivotal moment in the ongoing saga of cryptocurrency regulation. This decision reduces the number of ongoing state-level lawsuits against Coinbase from ten to five, marking a crucial turn that highlights the need for a more cohesive regulatory
The cryptocurrency landscape has notoriously been fraught with obstacles, especially for newcomers who often misplace their digital assets. Coinbase’s recent expansion of its self-service asset recovery tool to include Solana’s SPL tokens represents a significant step towards alleviating these frustrations. For many, the fear of losing funds due to user error has long loomed large.
The unfortunate events surrounding the Bybit hack have exposed vulnerabilities not only within cryptocurrency exchanges but also within the entire blockchain infrastructure. Recent revelations from Bybit CEO Ben Zhou indicate that nearly $400 million, a staggering 27.6% of the $1.4 billion in stolen Ethereum, is now considered untraceable. This figure has dramatically increased since March,
