February 20, 2024
Swiss Authorities Raid Crypto Hedge Fund Amid FTX Mismanagement
Geneva-based Tyr Capital Partners, a prominent hedge fund firm in the cryptocurrency industry, finds itself under scrutiny as Swiss prosecutors have launched a raid amidst accusations of “criminal” mismanagement. The...
February 19, 2024
Coinbase Commerce Discontinues Support for Native Bitcoin Payments
Coinbase decided to drop support for native bitcoin payments from its merchant platform, Coinbase Commerce. The change also affects other unspent transaction output (UTXO) coins, requiring shoppers to have a...
February 18, 2024
Smaller Investors Creep Back Toward Crypto
Everyday investors are returning to cryptocurrency, though with less enthusiasm than before. That’s according to a Sunday (Feb. 18) report by Bloomberg News, which notes that the largest American crypto...
February 16, 2024
Stablecoins, Unstable Crypto Market Propel Coinbase Profits
Renewed investor enthusiasm for crypto has been good news for U.S. cryptocurrency exchange Coinbase. And while 2023 wasn’t the greatest year for crypto, it was no 2022, and Coinbase’s latest quarterly...
February 16, 2024
FinTech IPO Surges 4.6% as Robinhood Leads Earnings Season Rally
Earnings reports moved several components of the FinTech IPO significantly higher — and lower — and took the overall index up 4.6% through the past week. Robinhood shares were up...
February 13, 2024
Robinhood Targets Active Traders, Global Markets for Expansion
Robinhood has its eyes on new products and new markets as it builds for the future. The stock trading and investing app is focused on winning the active trader market, increasing...
February 12, 2024
Bitcoin Reaches $50,000 for First Time in 26 Months
Bitcoin’s comeback continues, as the most popular cryptocurrency’s price reached $50,000 Monday (Feb. 12). It was the first time that bitcoin hit that price since December 2021, marking a recovery...
February 12, 2024
New York AG Triples Alleged Crypto Fraud to $3B
New York Attorney General Letitia James has escalated her lawsuit against Digital Currency Group (DCG) and several other defendants. The lawsuit, initially filed in October, has now been expanded to...
February 12, 2024
NZ Central Bank Head: ‘Stablecoins Are Not Stable’
The head of New Zealand’s central bank is not a fan of stablecoins. Reserve Bank of New Zealand Governor Adrian Orr voiced concerns about the digital currencies during a parliamentary committee...
