Coinbase to levy 0.1% fee for USDC to US dollar swaps over $5M
Coinbase will soon lower the fee-free benefit of USDC to US dollar conversions to $5 million as the exchange has missed revenue expectations for two quarters running.
Crypto trader bot scam on YouTube looted 256 ETH: SentinelLABS
Aged YouTube accounts with a history of posting crypto news and investing tips have been taken over by bad actors to advertise a scam trading bot that steals crypto.
HashFlare founders want no more jail time as US asks for 10 years
Sergei Potapenko and Ivan Turõgin asked a court for time served after admitting to wire fraud, but US prosecutors want them imprisoned for 10 years for their “classic Ponzi scheme.”
Bitcoin, Ether, XRP price bump pushes market sentiment to ‘Greed’
Crypto analysts echoed the positive sentiment around Bitcoin, with some speculating it could jump to $125,000 in the near term.
Parataxis to go public in $640M SPAC merger with Silverbox
Bitcoin asset manager Parataxis will go public via a SPAC deal that could see up to $640 million in gross proceeds to fund a Bitcoin treasury.
KakaoBank plans to ‘actively participate’ in stablecoin market: Report
KakaoBank is reportedly looking at services for the issuance and custody of stablecoins with plans to “actively participate” in the crypto market.
Bitcoin short-term holders ‘cooled off’ profit-taking as price sticks to $115K
The Bitcoin market is in a “relatively balanced position” despite the recent price pullback from all-time highs, Glassnode says.
IREN soars 11% after mining more Bitcoin than MARA in July
Shares in IREN Ltd closed trading on Wednesday up 11.4% after it reported mining more Bitcoin than MARA Holdings in July.
US DOJ could still pursue money laundering, sanctions charges against Roman Storm
Roman Storm’s trial verdict leaves the door open for US prosecutors to retry the Tornado Cash developer, attorneys said.
Crypto salaries triple in 2024 as stablecoins dominate payrolls: Report
Circle’s USDC accounted for 63% of salaries paid in crypto in 2024, outpacing USDt despite its trading dominance, according to Pantera’s global compensation survey.