
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.

Major crypto exchange Coinbase (NASDAQ: $COIN) is giving U.S. retail investors access to initial public offerings (...

Binance, the largest crypto exchange, has made a $100 million investment in Circle Internet Group as part of a partnership to promote Circle’s flagship USDC stablecoin in emerging markets. A spokesperson for Binance said the exchange will integrate USDC into existing and new digital-asset products tailored for savings and investment, while offering incentives such as lower spot trading fees on USDC-denominated trading pairs. Circle’s USDC is the world’s second-largest stablecoin, with a market cap of $75 billion.

Eligible customers can request shares at the offering price, but allocations are not guaranteed.
Coinbase will kick off its new service with IPO access to Oura’s offering later this week.

Bitcoin surged above $85,000 on Monday for the first time since January. The largest cryptocurrency recently traded around $86,000, up 6% from its 4 p.m. ET level on Friday. Crypto-linked stocks, including Coinbase Global and Strategy, also moved higher Monday morning in tandem with bitcoin.

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.

Bitcoin rallies amid a short squeeze and regulatory efforts. Coinbase, Bullish win price target hikes. These crypto stocks break out.

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.
Stocks have largely powered through a wall of worry this month, though rising bond yields, geopolitical risk in the Middle East, and AI jitters have given investors reason to pause

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.

Bitcoin broke above $80,000 on Friday, lifting shares of crypto-linked stocks. The largest cryptocurrency recently traded at $80,587 Friday morning, up more than 5% from its 4 p.m. ET level on Thursday. The move higher came despite the failure of a major crypto legislation and the Federal Reserve’s first interest-rate hike in three years earlier in the week.
Bitcoin jumped 5% to $80,000 per token on Friday as investors looked past a Fed rate hike and failed Clarity Act vote.

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.

The world’s largest cryptocurrency has shown its resilience, rallying despite two potential setbacks.

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

Scott Melker sits down with Coinbase (COIN) CEO Brian Armstrong to discuss the future of bitcoin (BTC-USD), why it could hit $400,000 by 2030, and Armstrong's memory of sending one bitcoin to users as an incentive to use the platform. "The Daily Wolf with Scott Melker" airs every day at 12:00 p.m. Tune in for your daily dose of all things crypto.

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...

A Senate cloture vote, a 200-day moving average breakdown, and a Federal Reserve rate decision converging on the same day have put XRP in a dangerous position, with traders now watching a handful of price levels that could determine whether the selloff stops here or accelerates toward a key support from August.

The Senate vote that XRP holders had been waiting years for collapsed in a single afternoon, and now the coin sits just cents above a critical support level with a Fed rate decision hours away.

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