Robinhood’s recent first-quarter results paint a picture of remarkable growth within the realm of retail crypto trading, boasting a staggering 77% increase in transaction-based revenue, primarily driven by a surge in crypto transactions that reached $252 million. This growth appears to herald a vibrant renaissance amongst retail traders, who, fueled by volatility in the market,
Exchanges
In a pivotal moment reflecting the ongoing battle between personal privacy and government oversight, Coinbase, a major player in the cryptocurrency exchange landscape, has boldly challenged the IRS’s sweeping data collection practices. By submitting an amicus brief to the U.S. Supreme Court, Coinbase is not just fighting for its own users but also standing at
The world of cryptocurrency has always been ripe for volatility and hype, but the memecoin phenomenon elevates this to a fervent level of enthusiasm, often bordering on irrationality. Enter the TRUMP token, a memecoin that cleverly rides on the coattails of one of the most polarizing figures in modern history: Donald Trump. Recent revelations about
In a shocking turn of events, the cryptocurrency exchange Bitget has announced its intention to pursue legal action against eight users, who allegedly made off with over $20 million, thanks to a trading glitch linked to the VOXEL token. This incident raises critical questions about the integrity and reliability of trading platforms in the volatile
As of April 2025, the amount of Bitcoin (BTC) held on centralized exchanges has plummeted to its lowest point since 2019, with only 2.5 million BTC remaining. The trend of diminishing supply on exchanges is disconcerting for those who still cling to the belief that trading platforms provide a secure environment for buying and selling
Coinbase’s battles with five states, including powerhouses like California and New Jersey, tell a story of regulatory overreach and lost opportunity. Since 2023, these lawsuits have cast a dark shadow on the company’s staking program, costing users over a staggering $90 million in potential rewards. The situation not only raises questions of legality but also
In the ever-evolving landscape of cryptocurrency, Riot Platforms stands out, having recently entered into a bold $100 million credit agreement with Coinbase. Utilizing its substantial Bitcoin treasury—19,233 BTC valued at nearly $1.8 billion—as collateral, this move not only underscores Riot’s ambition but also reveals a troubling trend for the industry at large. While Riot’s CEO
The legal saga surrounding cryptocurrency exchanges is a complex interplay of evolving regulations and market innovations. In a pivotal moment this year, the Alabama Securities Commission decided to withdraw its legal action against Coinbase concerning the exchange’s staking program. This decision isn’t merely a procedural footnote; it signifies a broader trend that could reshape the
In the constantly evolving landscape of cryptocurrency, the need for robust and user-friendly tools is paramount. Coinbase’s latest initiative to extend its self-service asset recovery tool to encompass lost tokens on the Solana network is undoubtedly a significant step forward. This evolution signifies a growing recognition of the challenges faced by users within the realm
The staggering dimensions of the Bybit hack reveal deeply unsettling realities about the cryptocurrency landscape. With an alarming $400 million worth of stolen Ethereum slipping into the shadows, it’s become increasingly clear that our systems for tracking illicit activity are being outpaced by criminal tactics. Ben Zhou, the CEO of Bybit, stated that 27.6% of
