Donald Trump recently called himself the “crypto president,” pulling a complete 180 from the days when he referred to crypto as a scam. And it’s causing quite a lot of confusion in an already hectic presidential race where the former president is neck-and-neck in the polls with President Joe Biden. Why Do People Buy into
In the years since the industry’s founding, cryptocurrency startups have pulled in around $100 billion. That’s according to a report Saturday (June 15) by Bloomberg News, citing data from two sources: DeFiLlama which pegs the crypto sector’s total fundraising at $101 billion since 2014, and The Block Research, which has logged $95 billion in investment
Cathie Wood, CEO of investment management firm ARK Invest, thinks the digital wallet industry is set to consolidate. Amid a decline in traditional banking services, whoever monopolizes the wallet market stands to wield significant power in the financial sector, she says. In conversation with Coinbase CEO Brian Armstrong at the company’s State of Crypto Summit
Photo: Guglielmo Mangiapane (Reuters) It looks like President Biden’s re-election campaign is mirroring the Trump campaign by considering accepting Bitcoin and cryptocurrency donations. Novo Nordisk could surpass LEGO as Denmark’s most valuable brand very soon The Biden campaign is considering accepting cryptocurrency donations through Coinbase Commerce, the same payment service that allows contributions to Trump’s
Neither Gary Gensler nor Elizabeth Warren is a fan of crypto. Photo: Chip Somodevilla/Getty Images On a warm evening in late September 2023, Mike Novogratz, the billionaire hedge funder turned crypto investor, walked into a restaurant in Washington, D.C. In town from New York, the CEO of Galaxy Digital had spent the day on Capitol
By Andrea Shalal WASHINGTON (Reuters) – Stand with Crypto, an advocacy organization for voters who own cryptocurrencies, saw its membership surpass 1 million on Wednesday, as crypto backers push politicians to create a new regulatory framework for the digital asset industry while averting more onerous compliance requirements. Brian Armstrong, chief executive of Coinbase, an online
The cryptocurrency sector has reportedly stockpiled a massive amount of funds for this year’s election. The latest cash injection comes from Coinbase, which has just given $25 million to crypto political action committee (PAC) Fairshake, Coindesk reported Monday (June 3). “When it comes to our mission of increasing economic freedom by growing the adoption of cryptocurrencies, we are
Crypto can feel stale these days as the same names talk about the same old things. That’s why it’s refreshing to meet Jesse Pollak, the Coinbase engineer who built the company’s popular Base blockchain. Pollak stands out because, unlike the recent influx of folks from Wall Street and Washington, D.C., looking to make a buck,
Coinbase has added a new Solana (SOL)-based decentralized exchange (DEX) altcoin to its listing roadmap. On Tuesday, the top US crypto exchange put Drift Protocol (DRIFT) on the path towards being tradeable on its platform in the future. Drift is an open-source DEX that enables transparent and non-custodial trading. Explains the project, “Drift was designed
U.S. regulators said an appeals court shouldn’t heed Coinbase’s request to review how – or if – conventional securities rules apply to cryptocurrencies. Coinbase, the largest U.S. crypto exchange, filed for permission to ask the Second Circuit Court of Appeals if the Howey Test, a longstanding Supreme Court assessment for securities, should apply to digital