Robinhood ( HOOD ) said revenue from crypto-related transactions fell 38% year over year in the fourth quarter, underscoring how lower digital asset prices continue to dampen trading activity even as platforms push deeper into the sector. The trading app reported $221 million in revenue from crypto trading, down from $358 million a year earlier, […]
HOOD drops another 7% due to lack of revenue in Q4 Read More »
Sam Bankman-Fried, the former CEO of collapsed crypto exchange FTX, is seeking a new trial, according to a motion filed in New York federal court by his mother. Since he was convicted and imprisoned on a sentence of 25 years, SBF has constantly challenged his position in court. The latest motion for a new trial,
Sam Bankman-Fried files new lawsuit over FTX fraud allegations Read More »
Former SafeMoon CEO Braden John Karony faces an 8-year prison sentence after being convicted last year on federal charges linked to defrauding investors in his digital asset operation. The 100-month sentence was handed down Tuesday in the U.S. District Court for the Eastern District of New York, and Karony must also forfeit $7.5 million and
Ex-SafeMoon CEO gets 8 years in prison for defrauding investors Read More »
By Francisco Rodrigues (all times ET unless otherwise noted) Bitcoin BTC$68,747.00 fell to $68,500 on Tuesday, after failing to regain $70,000 after trading above that level for a while over the weekend. The CoinDesk 20 Index (CD20) fell 0.23% over the past 24 hours. The market appears to be stabilizing after last week’s drop to
AI craze helps limit crypto’s upside, says Wintermute: Crypto Daybook Americas Read More »
Kraken fired its chief financial officer, Stephanie Lemmerman, just as the crypto exchange was preparing to go public in the US earlier this year, according to two people familiar with the matter. Lemmerman joined Kraken from Dapper Labs in November 2024 and was the exchange’s CFO for one year and four months. She now has
Crypto exchange Kraken fires CFO Stephanie Lemmerman as the long-awaited IPO approaches Read More »
The downturn in the crypto market has been particularly hard on leading U.S. exchange Coinbase ( COIN ), which has seen its stock plunge more than 50% since bitcoin’s early October record above $126,000, including a 27% drop in 2026 alone. In an effort to make up for the rapid decline, JPMorgan’s Ken Worthington lowered
JPMorgan cuts Coinbase (COIN) price target to $290 ahead of earnings Read More »
Following the usual recent pattern, crypto markets fell sharply as US stocks opened for trading on Tuesday, but recovered most of those losses in a similarly quick fashion. Mid morning trading, bitcoin BTC$69,578.46 was at $69,200, down marginally from 24 hours ago. Ether ETH$2,027.59 underperformed, down 1.8%, with corresponding declines in XRP XRP$1.4206 and Solana
BTC is staying within a tight range as markets prepare for January employment data Read More »
Tether Investments, the investment arm of the leading stablecoin issuer, has made a strategic investment in LayerZero Labs, which is developing an interoperability protocol called LayerZero. The move is essentially a bet on the technology that underpins USDt0, a blockchain-agnostic version of Tether’s dollar-pegged token that has moved over $70 billion across blockchains in less
Ethereum co-founder Vitalik Buterin called for a rethink of how crypto and artificial intelligence should come together, warning that a growing focus on developing artificial general intelligence (AGI) risks missing the bigger picture. In a post on X that revisits ideas he first outlined two years ago, Buterin argues that the accelerated push toward artificial
Cryptocurrency exchange and wallet provider Blockchain.com has won regulatory approval in the UK nearly four years after seemingly giving up. Blockchain.com was added to the Financial Conduct Authority’s (FCA) register of licensed crypto companies on Tuesday under its trading name “BC Operations.” STORY CONTINUES BELOW Don’t miss another story.Subscribe to the State of Crypto newsletter
Blockchain.com wins UK registration nearly four years after abandoning FCA process Read More »
