Coinbase shares to open lower after 75% drop in net income in Q3
Coinbase posted total net revenue of $1.235 billion in Q3 falling 30% short of FactSet estimates of $1.614 billion. Coinbase (COIN) shares have taken a hit after the firm posted…
Largest cryptocurrency exchange in Latin America to develop renewable energy tokens
Mercado Bitcoin and Comerc plan to launch two separate tokens incentivizing renewable energy use. In an announcement to Reuters News on Thursday morning, Brazillian cryptocurrency exchange Mercado Bitcoin said it…
Bitcoin dips below $67K as Tesla stock slump combines with Apple CEO denying crypto plans
A close relationship with TSLA sees Bitcoin react to a 12% stock slump, while Apple adds to the sense of anticlimax despite recent BTC all-time highs. Bitcoin (BTC) fell $1,400…
Crypto’s climate impact: Are carbon offsets good enough?
Carbon offsets could be an important step in the crypto industry’s move toward carbon neutrality, although some experts see them as a pure greenwash. As global leaders discuss what needs…
Huobi is shifting its spot trading business from China to Gibraltar
Huobi Global was a crypto trading giant in China when the country was enjoying high crypto adoption. However, this is no longer the case after China declared crypto trading and…
Dutch multinational banking giant ING test Defi lending offerings
ING, an international banking giant based in the Netherlands, is partnering with the Netherlands’ financial markets regulator to venture into decentralized finance (DeFi). While this is a major move for…
5 Best Coins for 100x Gains November 2021
Bitcoin has boomed more than 100,000 from its 2013 price of $67.81. Even though it is currently trading at an all-time high (ATH), the chances of it exploding 100x is…
Democratic challenger to crypto-friendly senator’s seat is interested in space
38-year-old Senate candidate Morgan Harper said she would be “in learning mode” on the crypto space and solicited comments from her followers. Morgan Harper, a former senior advisor at the…
Polkadot price moves higher as parachain auctions reduce DOT’s circulating supply
DOT price targets new highs and investors expect the ongoing Polkadot parachain auctions to send the price on a trajectory that mirrors Kusama’s 2020 breakout. This week, a number of…
PBoC governor says digital yuan to be more privacy-enhanced than payment apps
Making the e-CNY more privacy-orientated aside, the PBoC already has ambitions to bring the CBDC onto the world stage. During a virtual video session at the Bank of Finland Institute…
Climate Chain Coalition advocates for the creation of a green economy at COP26
A number of representative and delegates supporting the Climate Chain Coalition group spoke at a dedicated panel on Tuesday at COP26. Delegate representatives from the Climate Chain Coalition spoke at…
Polygon Deploys Fiat on-Ramps via Alchemy Pay, Enabling Direct Fiat Payments for DeFi
Polygon, an Ethereum scaling platform onboarding millions to Web3, has announced the addition of convenient and flexible fiat payment onramps for the Polygon Network, thanks to a new partnership with…
Apple’s CEO Owns Crypto – Tim Cook Thinks ‘It’s Reasonable to Own as Part of a Diversified Portfolio’
The CEO of the tech giant Apple, Tim Cook disclosed that he owns cryptocurrency and said that he thinks it’s reasonable to own it as part of a diversified portfolio.”…
Government Official Says Zimbabwe Currently Gathering Views on Cryptocurrencies
An official with the Zimbabwean government recently confirmed the country’s administration is currently gathering views about cryptocurrencies from knowledgeable persons. Government’s Lingering Concerns Charles Wekwete, who is the head of…
US Treasury Sanctions 2nd Cryptocurrency Exchange, DOJ Seizes $6.1 Million
The U.S. Treasury Department has sanctioned a second cryptocurrency exchange “for facilitating financial transactions for ransomware actors.” Two ransomware operators have also been sanctioned and $6.1 million in funds were…