CryptoNews

Coinbase's Government Network Expands—145 US and 29 Global Entities Onboard

Coinbase is deepening ties with 145 U.S. government entities as the nation accelerates bitcoin adoption, signaling unprecedented institutional demand and a seismic shift in crypto policy. Coinbase Strengthens Ties With Governments as US Embraces Bitcoin Coinbase CEO Brian Armstrong highlighted the company’s expanding partnerships with government entities in a social media post last week. He…
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CryptoNews

Crypto.com's Explosive Growth Reshapes Exchange Rankings

Total centralized exchange volume reached $18.83 trillion, the second-highest in five years, though still below 2021’s record of $25.21 trillion. 2021 Marked by Key Events In 2024, Binance remained the largest centralized cryptocurrency exchange, despite its share of total…
CryptoNews

Former Employee's Hidden Code Turns Workplace Into Crypto Mine

A Minnesota man, Joshua Paul Armbrust, 44, has been indicted for a “cryptojacking” scheme that exploited his former employer’s computing resources to mine ether (ETH), causing over $45,000 in damages, according to the U.S. Attorney’s Office for the District of…
CryptoNews

Kamala Harris’s Alleged ‘Crypto Reset’ Absent in Democratic Agenda

While the Republican platform addresses the issue of cryptocurrency and bitcoin, the Democratic Party’s latest platform remained silent on the matter. Adding to the buzz, there are whispers that Kamala Harris’s campaign might be eyeing Gary Gensler, the current head of the U.S. Securities and Exchange Commission, for the role of Treasury Secretary. Democrats’ Latest Platform Bypasses Crypto…
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CryptoNews

Moonpay Donates $1 Million to Stand With Crypto

Moonpay, one of the largest cryptocurrency onramp and offramp providers, has donated $1 million to Stand With Crypto, a nonprofit that seeks to rally American voters around the cryptocurrency cause. Moonpay CEO Ivan Soto-Wright stated that the donation made would contribute to creating an innovation-fostering crypto framework by helping choose crypto-friendly officials. Moonpay Contributes $1…
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CryptoNews

SEC Chair Gary Gensler Warns Spot Bitcoin ETF Approval Isn't BTC Endorsement

Amid the excitement surrounding the approval of spot bitcoin exchange-traded funds (ETFs), U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler issued a statement emphasizing that the regulator did not approve or endorse bitcoin by approving spot bitcoin ETFs. Gensler insisted that most crypto assets are securities, warning: “Investors should remain cautious about the myriad risks…
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