
A Brooklyn man has been sentenced to up to 12 years in prison for stealing nearly $16 million from about 100 Coinbase users through fake support calls.
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A Brooklyn man has been sentenced to up to 12 years in prison for stealing nearly $16 million from about 100 Coinbase users through fake support calls.

New York sued the prediction market Polymarket on Thursday, arguing the platform is an unlicensed gambling operation and calling for a judge to block the company from operating in the state. Prediction market platforms have argued states do not have the authority to govern them because they are regulated at the federal level by the U.S. Commodity Futures Trading Commission. New York officials filed Thursday's lawsuit against Polymarket in state court and want the company to face fines and be forced to pay restitution to users because the platform did not get a gaming license from the state.

The stock’s rally comes as Coinbase pushes further into traditional finance.

Solana processed 23.2 million x402 transactions in four weeks, capturing 76% of all activity on the AI payment protocol, according to Artemis data.

Eligible customers can request shares at the offering price, but allocations are not guaranteed.

The S&P 500 has swung back into positive territory for the month, thanks to a rally in tech shares today. Chip stocks, software firms, hyperscalers and shares of companies whose fortunes are tied to cryptocurrencies are all rallying in early trading.

Coinbase Global, the largest U.S. crypto exchange, said Monday that it is allowing users to request shares of companies ahead of their stock-market debuts. Starting this week, traders will be able to request shares of upcoming initial public offerings at offer price in the Coinbase app.

A landmark bill meant to usher digital assets into mainstream finance collapsed last week in the Senate following a high-stakes clash between the banking lobby, congressional negotiators and crypto power brokers. Coinbase CEO Brian Armstrong exercised de-facto veto power over key provisions of the Clarity Act, repeatedly opposing restrictions on interest-like token rewards and frustrating allies on both sides of the aisle. Between intense pushback from Wall Street bankers and Democratic scrutiny over President Trump’s $1.4 billion in crypto income, the industry squandered its clearest opportunity yet for a federal regulatory framework.

Coinbase CEO Brian Armstrong was at the center of a protracted fight over the role of digital assets in mainstream finance.
Scott Melker discusses Trump taking aim at Fed Chair Warsh for rate hikes, and what investors need to know about the US Securities and Exchange Commission's (SEC's) decision to bring tokenized stocks to the market. "The Daily Wolf with Scott Melker" airs every day at 12:00 p.m. Tune in for your daily dose of all things crypto.

Coinbase Global said Friday that it has sought regulatory approval to list perpetual futures tied to individual large-cap U.S. stocks. Perpetual futures, known as “perps,” are speculative derivative contracts that never expire, allowing traders to pile on leverage that amplifies their potential gains and losses. Coinbase plans to list perps tied to roughly 50 to 60 popular stocks such as Apple, Microsoft, Tesla and Nvidia.

Stocks tied to digital assets climbed after the SEC announced a new framework for trading U.S. stocks.

Layers of management help bigger bosses get stuff done. Their loss will come back to bite companies sooner than they realize.

Bitcoin and crypto stocks fell Wednesday as Fed rate news, Clarity Act failure sour week. Cipher Digital surges on Texas energy win.

Crypto volatility is likely to remain elevated as investors weigh the Federal Reserve’s monetary policy decis...

Sen. Thom Tillis immediately filed a motion to reconsider, keeping alive a procedural path for the Senate to revisit the CLARITY Act.

Legislation aimed for regulatory framework for digital assets, but Congress remained divided over curbs on Trump’s crypto investments.

Plus, 10-year Treasury yield briefly hits 2007 levels and the Senate deals a blow to crypto industry

Bitcoin, crypto stocks and digital assets slipped as Wall Street braced for two major Washington decisions.

On this episode of Stock Movers: - Dave & Buster's (PLAY) shares are lower after it reported revenue for the second quarter that missed the average analyst estimate. - Coinbase (COIN) along with other crypto shares along with Bitcoin are sliding ahead of the Senate's vote on the CLARITY Act that would regulate digital assets and the crypto industry. - Waystar (WAY) shares are higher after Reuters reported that the firm is exploring options, including a sale, two years after a public listing in New York.

Stock Market Today: The Dow Jones index drops Tuesday as the 10-year Treasury yield reaches its highest level since 2007. Nvidia stock rises.

Crypto markets gained on Monday as optimism over a key US crypto bill revived risk appetite across the digital-asset spectrum.

Donald Trump welcomed crypto executives to the White House last month with a roll call of flattery: Coinbase Global Inc. Chief Executive Officer Brian Armstrong was “one of the greats,” the president said, and Gemini Space Station co-founders Cameron and Tyler Winklevoss were “tremendous investors, brilliant people.”

A new rating draws a hard line between where the company is headed and what its shares are worth paying for today.

The bank believes Coinbase is becoming a key bridge between traditional finance and digital assets.

Fred Ehrsam, a Trump administration ally and co-founder of Coinbase, lived for months in a luxury Caracas hotel pursuing investments in Venezuela.
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