Cryptocurrency sector-backed super political action committees (PACs) have become one of the top three fundraisers in the 2024 election season. With more than $102 million raised, these groups are behind only the super PAC backing Ron DeSantis’ failed presidential campaign and the one backing Democratic Senate...
Cryptocurrency startups are reportedly engaging in aggressive fundraising as the digital asset space recovers. As Bloomberg News reported Saturday (May 4), this approach entails an open-ended form of fundraising that keeps money flowing and fast-tracks valuations. It’s the opposite of the standard venture capital strategy...
Coinbase, the largest U.S.-based cryptocurrency exchange, is ultimately a crypto story. And like all crypto stories, it has its downs — and its wild ups. Coinbase reported earnings per share of $4.40 Thursday (May 2), compared to Wall Street expectations of $1.28, representing a 244.83% beat. The crypto platform beat...
Stablecoins, as their name implies, offer the benefits of cryptocurrency without the volatility. And with Visa having launched on April 25 the Visa Onchain Analytics Dashboard to showcase how fiat-backed stablecoins move via public blockchains globally, the stablecoin category is increasingly top of mind for CFOs...
February 16, 2024
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 results, announced Thursday (Feb. 15), highlight that the famously volatile digital asset sector could, once again, be on the upswing. The company’s fourth-quarter revenue beat […]
August 04, 2023
Expectations weren’t very high for Coinbase Global this most recent quarter. The company continues to face very significant risks on the regulatory front within the U.S., and remains entangled in a nasty...
July 04, 2023
There will be no fireworks for the digital asset sector this July Fourth. It’s looking like the course du jour being cooked on the grill this Independence Day could be...
June 12, 2023
Crypto’s reputation as a lawless, “Wild West,” was touted by enthusiasts as a positive. Now, as the U.S. Securities and Exchange Commission (SEC) and its head Gary Gensler aim for...
May 06, 2024
Cryptocurrency sector-backed super political action committees (PACs) have become one of the top three fundraisers in the 2024 election season. With more than $102 million raised, these groups are behind only the super PAC backing Ron DeSantis’ failed presidential campaign and the one backing Democratic Senate candidates, nonprofit consumer advocacy organization Public Citizen said in a report released […]
May 05, 2024
Cryptocurrency startups are reportedly engaging in aggressive fundraising as the digital asset space recovers. As Bloomberg News reported Saturday (May 4), this approach entails an open-ended form of fundraising that...
April 16, 2024
Crypto.com is in the process of adding 1,400 employees, a little more than a year after cutting one-fifth of its staff. The turnaround at the digital asset exchange began after...
April 10, 2024
The cryptocurrency industry can learn lessons from the settlements three crypto exchanges reached with regulators. So said the chief compliance officers of Binance, Coinbase and Kraken while speaking Wednesday (April 10)...
