The Rise of Coinbase in 2024 A Breakdown of Coinbase’s First Quarter Earnings In the first quarter of 2024, Coinbase reported a staggering $1.6 billion in revenue, marking a significant increase from $772 million in the same period the previous year. This growth can be attributed to the continued mainstream adoption of cryptocurrency and an…
SEC Postpones Decision on 7RCC Spot Bitcoin and Carbon Credit Futures ETF What Does This Mean for the Future of Cryptocurrency Investments? The United States Securities and Exchange Commission (SEC) has recently announced a delay in its decision regarding the 7RCC Spot Bitcoin and Carbon Credit Futures ETF. The ETF, which plans to invest 80%…
FTX Ex-Exec to Sell $5.9M Worth Bahamas Property, Ahead of May 28th Sentencing The FTX Saga Unfolds Further As the dust settles on the FTX controversy, a new development has emerged that sheds further light on the unfolding saga. Ryan Salame, the former co-chief executive of FTX Digital Markets, has agreed to transfer his $5.9…
Student Protests Escalate Over Gaza War Violence Erupts as Police Move In Recent student protests at more than 25 universities across the US have taken a turn for the worse as tensions rise over the ongoing conflict in Gaza. What started as peaceful demonstrations have now become violent clashes between protesters and law enforcement, with…
The Impact of the ISM Manufacturing Report on Businesses Prelim was 49.9, Prior was 51.9 The ISM manufacturing report is due at the top of the hour Chris Williamson, Chief Business Economist at S&P Global Market Intelligence, said: “Business conditions stagnated in April, failing to improve for the first time in four months and pointing…
Binance Founder Changpeng Zhao Sentenced to 4 Months in Prison for AML Violations The downfall of a cryptocurrency giant Changpeng Zhao, the founder and former CEO of Binance, the world’s largest cryptocurrency exchange, has been sentenced to four months in federal prison for violations of anti-money laundering laws. This shocking development comes after Zhao pled…
Bitcoin’s Decline Puts 7Mn+ Addresses Out Of Money Introduction Hey there, fellow crypto enthusiasts! Today, we are diving into the latest news from the world of Bitcoin. The recent data from IntoTheBlock has revealed a 7.97% drop in Bitcoin’s price, bringing it down to $56,978. But what does this mean for the thousands of addresses…
Sui Teams Up with Google Cloud to Drive Web3 Innovation with Enhanced Security, Scalability, and Privacy April 30th, 2024 – Palo Alto, California Chainwire Collaboration Chainwire Collaboration is a pioneering initiative that focuses on tackling key Web3 challenges through data-driven insights, AI-powered development tools, and zero-knowledge proofs. The collaboration aims to revolutionize the way we…
