Crypto News

Brian Armstrong, CEO of Coinbase. (Photo by PATRICK T. FALLON/AFP via Getty Images) Coinbase's stock (COIN) fell by more than 8% Thursday after two developments that raised new questions about the company's controls and regulatory headaches. First, the US crypto exchange disclosed that cyber attackers had stolen sensitive customer data and threatened to publish it unless the company paid a $20 million ransom. Then the New York Times reported that the Securities and Exchange Commission still has an open investigation into whether Coinbase misreported user data years ago. Coinbase said no passwords or private crypto wallet codes had been compromised by the cyber attack and that the data leak affected less than 1% of Coinbase's...

As the world adapts to the rapid rise of artificial intelligence, the concept of “AI twins” — digital agents that replicate a person’s knowledge and capabilities — is beginning to take shape beyond tech circles. For pseudonymous crypto analyst, LadyTraderRa, the real value of these digital twins lies in solving real-world problems, starting with real estate — and potentially saving lives. An AI twin is a digital version of a person designed to replicate their knowledge, skills, and decision-making abilities. It can perform tasks, interact with others, and automate functions across various industries. Think of it as a personal assistant powered by your data — scalable, tireless, and AI-driven. In a conversation with TheStreet...

Coinbase said on Thursday it strongly believes a regulatory investigation by the U.S. securities regulator into its disclosures of monthly transacting users should not continue. The statement follows a New York Times report that said the U.S. Securities and Exchange Commission is investigating whether Coinbase's user numbers in past disclosures were accurate. "This is a hold-over investigation from the prior administration about a metric we stopped reporting two and a half years ago, which was fully disclosed to the public," Paul Grewal, the crypto exchange's chief legal officer, added in an emailed statement to Reuters. This article has been published in reuters.com via Yahoo News...

Famous Greek-American investment manager Jim Chanos raised concerns with MicroStrategy and other companies copying its Bitcoin game plan. Chanos stated in an interview with CNBC on May 14 that MicroStrategy is essentially using the hyped-up version of Bitcoin to artificially raise their stock prices. “I don’t know where Bitcoin is going—maybe $100,000 or maybe $10,000,” Chanos said. “But what I do know is some companies are making money by buying Bitcoin cheap and selling their stock at a much higher price." Chanos is best known for founding Kynikos Associates, a hedge fund focused on short selling. He rose to fame for correctly betting against Enron before its collapse in 2001. Chanos specializes in identifying companies he believes...

Another surprising inflation data sends markets reeling: Bitcoin is down over 3% to around $102,100 as new inflation data released Thursday morning caught markets off guard — with some key readings pointing to unexpected weakness in wholesale prices and consumer demand. The broader crypto market is also flashing red, with Ethereum, Solana, and Cardano posting similar losses as investors digest the implications for interest rate policy. The Bureau of Labor Statistics reported that the Producer Price Index (PPI) — a key measure of inflation at the wholesale level — fell 0.5% in April, despite expectations for a 0.2% rise. Core PPI, which strips out food and energy, also declined 0.4%, against a forecast for a 0.3% increase. It was the...

Brian Armstrong, CEO of Coinbase. (Photo by PATRICK T. FALLON/AFP via Getty Images) Coinbase's stock (COIN) fell as much as 6% Thursday after disclosing that cyber attackers had stolen sensitive customer data and threatened to publish it unless the company paid a $20 million ransom. The largest US cryptocurrency exchange said no passwords or private crypto wallet codes had been compromised and that the data leak impacts less than 1% of Coinbase's monthly transacting customers, according to a blog post. Instead of paying the ransom, Coinbase is establishing a $20 million reward or bounty program for information leading to the arrest and conviction of the attackers. It also said it's planning to reimburse customers affected by the...

Al Abraaj Restaurants Group, a popular restaurant chain listed on the Bahrain Bourse, announced on May 15 that it has acquired Bitcoin to add to its corporate treasury. With this landmark step, the restaurant group has become the first publicly traded company in the Kingdom of Bahrain, the Gulf Cooperation Council, and the Middle East to add Bitcoin to its balance sheet. Al Abraaj has purchased five Bitcoin in its first acquisition and aims to dedicate a major portion of its treasury to cryptocurrency, as Bitcoin is the primary reserve asset in its institutional treasury. The company claims to follow in the footsteps of companies such as MicroStrategy, Elon Musk's Tesla, and Metaplanet, which are among the world's largest corporate...

Gerald Heydenreich, President and co-founder of EtherMail, believes email — one of the internet’s oldest tools — may hold the key to the next wave of crypto engagement. In a conversation, Heydenreich shared how EtherMail’s newly launched platform, Stake4Ads, is reshaping how projects reach users by blending email with blockchain incentives. “The challenge in Web3 marketing is predictability,” Heydenreich said. “Budgets are tight, audiences are fragmented, and traditional platforms don’t speak the language of crypto. We wanted to fix that.” Launched in 2022, EtherMail is a blockchain-based email platform designed for wallet-to-wallet communication. It enables users to receive authenticated, on-chain messages from DAOs and crypto...

Zacks Investment Research MarketAxess Holdings Inc. (MKTX) recently acquired a majority stake in RFQ-hub Holdings LLC, a global request-for-quote (RFQ) platform that supports trading in ETFs, derivatives, and structured products. The platform facilitates both listed and over-the-counter (OTC) trades across multiple asset classes. MKTX now holds around a 90% controlling stake in RFQ-hub. The remaining ownership stays with original consortium members like Virtu Financial, Inc. (VIRT), BlackRock, Inc. (BLK), Citadel Securities, Flow Traders, and Jane Street Capital, who will continue to collaborate with MarketAxess. This acquisition strengthens MarketAxess’s position in the ETF and derivatives space by integrating RFQ-hub’s technology...

Helium is quietly building what might be the most disruptive telecom network in America — and they’re doing it with crypto. The company has evolved from an Internet of Things (IoT) experiment into the world’s largest decentralized wireless network. Now, with a growing mobile footprint and backing from the Decentralized Physical Infrastructure Network (DePIN) movement, it’s aiming to completely rewire how infrastructure gets built. “Helium is the world's largest decentralized wireless network,” said Abhay Kumar, Protocol Lead at Helium. “We started back over six years ago now. We built a new way of deploying infrastructure. Fundamentally, what we're interested in is how can you build wireless infrastructure in a way that enables new...

Several exchanges including Binance and Korean platform Coinone have listed NEXPACE (NXPC), leading to a 115% surge in the token's value on the back of $1 billion in trading volume in the first three hours of trading. NEXPACE is a PC role-playing game that features on-chain item ownership. It is the blockchain arm of South Korean video game developer Nexon. Binance Alpha users that have accumulated 187 Alpha points can claim 198 NXPC, worth $629 at current prices. Points are accrued by holding crypto tokens on the Binance exchange or in the Binance wallet. Binance's Alpha product is a way of distributing newly-launched tokens to users by accumulating points. It caused a stir in December when the platform's Chinese social media channel...

Good morning. Many of the world's largest banks are actively developing and piloting blockchain projects, and JPMorgan Chase has made a significant move. For years, JPMorgan has quietly built its own blockchain technology, opting for a "walled garden" approach by creating a private network accessible only to its customers. However, JPMorgan is now venturing beyond those walls. The bank recently announced it settled a transaction on a public blockchain, partnering with crypto firms Chainlink and Ondo Finance. “In early May, JPMorgan’s blockchain division, Kinexys, transferred money between two accounts on its private blockchain to settle the purchase of tokenized treasuries on Ondo’s public ledger," Weiss writes. "Tokenized treasuries...

The stablecoin legislation still being pushed in Congress risks sowing the seeds of a financial crisis. Right now, American consumers and businesses alike are experiencing economic pain and massive uncertainty thanks to the Trump administration’s policies, including costly tariffs, and the reckless gutting of government programs and services and rules designed to protect the stability of our financial system. Signs of an economic slump may have abated somewhat, but concern is still warranted. Meanwhile, the value of the U.S. dollar on the world stage continues to fluctuate. This seems like a particularly bad time for Congress to consider legislation that could further undermine our economy and cheapen the U.S. dollar. Yet, some members...

A smart beta exchange traded fund, the Invesco Russell 2000 Dynamic Multifactor ETF (OMFS) debuted on 11/08/2017, and offers broad exposure to the Style Box - Small Cap Blend category of the market. **What Are Smart Beta ETFs?** Products that are based on market cap weighted indexes, which are strategies designed to reflect a specific market segment or the market as a whole, have traditionally dominated the ETF industry. Because market cap weighted indexes provide a low-cost, convenient, and transparent way of replicating market returns, they work well for investors who believe in market efficiency. However, some investors believe in the possibility of beating the market through exceptional stock selection, and choose a different...

Launched on 12/30/2016, the ALPS O'Shares U.S. Small-Cap Quality Dividend ETF (OUSM) is a passively managed exchange traded fund designed to provide a broad exposure to the Small Cap Blend segment of the US equity market. The fund is sponsored by Alps and has amassed assets over $889.41 million, making it one of the average-sized ETFs attempting to match the Small Cap Blend segment of the US equity market. With more potential comes more risk, and small cap companies, with market capitalization below $2 billion, epitomize this way of thinking. Blend ETFs usually hold a mix of growth and value stocks as well as stocks that exhibit both value and growth characteristics. Investors should also pay attention to an ETF's expense ratio...

Stablecoins' market capitalization has soared from $20 billion in 2020 to $246 billion in May 2025. It looks like stablecoins are about to go mainstream. Stablecoins aren't far from becoming mainstream, according to Deutsche Bank. Marion Laboure, managing director of thematic research at the German multinational investment bank, and analyst Camilla Siazon wrote in a presentation that the coins are likely to start being more widely used this year as the US pushes forward with legislation to regulate the crypto market. Stablecoins are a type of decentralized digital currency that can be bought and sold on a blockchain, similar to cryptocurrencies like bitcoin and ether, and meme coins, such as $Trump and Dogecoin. The most prominent...

ARK Invest didn't wait around to add eToro (ETOR) to its portfolio. Cathie Wood's St Petersburg, California-based investment management company bought 140,000 shares in eToro on the stock-and-crypto trading platform's Nasdaq debut on Wednesday. ARK's ETOR allocation is worth just under $9.4 million, based on the closing price of $67. The shares rose 29% on the first day of trading after opening at $52, which itself was significantly higher than the marketed range as eToro received much higher demand than anticipated. ARK added the eToro shares to its Fintech Innovation ETF (ARKF), one of three funds the firm uses for a significant portion of exposure to crypto and crypto-adjacent companies, such as Coinbase (COIN) and Robinhood...

Jim Chanos is Buying Bitcoin and Shorting Strategy Jim Chanos, the veteran investor who made his name shorting Enron, is betting on bitcoin (BTC) trade while shorting Strategy (MSTR), the largest corporate holder of the biggest cryptocurrency. In an interview at the Sohn Investment Conference in New York with CNBC, Chanos detailed the bet. “We’re selling MicroStrategy stock and buying bitcoin,” Chanos said, calling it an arbitrage move: “Basically buying something for $1, selling it for $2.50.” Strategy started acquiring bitcoin in 2020 and has since morphed into a bitcoin proxy for investors. The firm has issued debt and equity to accumulate the cryptocurrency, and now has a 568,840 BTC hoard bought at an average cost of $69,287 per...

Robinhood ARPU Robinhood (HOOD): 3 Reasons We Love This Stock The past six months have been a windfall for Robinhood’s shareholders. The company’s stock price has jumped 86.9%, hitting $60.39 per share. Why Is HOOD a Good Business? With a mission to democratize finance, Robinhood (NASDAQ:HOOD) is an online consumer finance platform known for its commission-free stock and crypto trading. 1. Eye-Popping Growth in Customer Spending Average revenue per user (ARPU) is a critical metric to track because it measures how much the company earns in fees from each user. ARPU also gives us unique insights into the average transaction size on Robinhood’s platform and the company’s take rate, or "cut", on each transaction. Robinhood’s ARPU...

Cathie Wood is a strong advocate for tech and artificial intelligence, with her firm, Ark Invest, reflecting this outlook through its exchange-traded funds (ETFs). Wood has made bold predictions regarding Tesla and Bitcoin, forecasting ambitious growth over the coming years. Wood believes Tesla's stock could rise to $2,600 per share by 2030, more than seven times its current price. This optimism is largely due to Tesla's focus on full-self-driving (FSD) technology, which Wood anticipates will greatly enhance the company’s value by enabling a robust robotaxi business. She projects that this will constitute a significant portion of Tesla's value by 2030. Elon Musk, Tesla's CEO, has expressed plans to have FSD ready for widespread...