The Latest Breaking News on Crypto

Coinbase racks up $1.1bn loss as crypto trading volumes slump

Exchange says downturn is part of a typical cycle as digital asset prices fall

Financial Times · Aug 9, 2022

Coinbase Stock Dives After Q2 Earnings While Claiming They're An 'All Weather Company' For Crypto Prices Cycles

Cryptocurrency platform Coinbase Global Inc (NASDAQ: COIN) reported second quarter financial results and shared an updated full year guidance after market close Tuesday.

Benzinga · Aug 9, 2022

‘Let Crypto Build,’ Says Congressman Tom Emmer

The latest “crypto winter” following the collapse of Terra/Luna (R-MN), who discussed the challenges and pitfalls of crypto that may lay ahead because of the specter of federal regulation and intervention. Politicians are often reactive – responding to a problem, or at least a perception of a problem, with artificial…

Zenger · Aug 9, 2022

Iran Makes First Import Order Using Cryptocurrency

Iran made its first official import order using cryptocurrency this week, the semi-official Tasnim agency reported on Tuesday, a move that could enable the country to circumvent US sanctions that have crippled the economy. The order, worth $10 million, was a first step towards allowing the country to trade through…

Asharq Al-Awsat · Aug 9, 2022

Dogecoin Daily: Price Firm Above 7 Cents, Lucky Node Runners To Get Customized Profile Pictures

Dogecoin (CRYPTO: DOGE) traded 4.1% higher at $0.07 over 24 hours leading up to early Tuesday morning.  DOGE traded in the green in tandem with other major coins as the global cryptocurrency market cap rose 0.6% to $1.1 trillion.

Benzinga · Aug 9, 2022

Bank of Thailand to get more powers in crypto law overhaul

The government plans to overhaul digital rules to confer more powers on the central bank and tighten the oversight of platforms offering cryptocurrencies and other tokens after a recent market rout left retail investors reeling from losses.

Bangkok Post · Aug 9, 2022

Bitcoin Trails Ethereum In Gains: 'Insane' Relief Rally Or 'Massive Fakeout', What's Next?

Ethereum dominated among major coins Monday evening as the global cryptocurrency market cap rose 2.5% to $1.1 trillion at press time.

Benzinga · Aug 9, 2022

Closing off-chain fund transfers with WazirX: Binance

Effective from August 11, Binance will cease to support off-chain fund transfers between WazirX exchange and Binance via the "Login with Binance" option after the Enforcement Directorate froze ₹64.67 crore worth bank deposits of WazirX

The Hindu · Aug 8, 2022

How Coinbase Stock Looks As Bitcoin, Ethereum Surge Higher

On Sunday evening, Benzinga asked its followers on Twitter what stock they’re zeroed in on this week. From the replies, Benzinga selected one ticker for technical analysis.

Benzinga · Aug 8, 2022

Singapore-based crypto lender Hodlnaut suspends withdrawals

HONG KONG: Hodlnaut, a Singapore-based crypto currency lender and borrower, has suspended withdrawals, swaps and deposits, the company said on Monday, the latest sign of stress in the cryptocurrency industry.

Bangkok Post · Aug 8, 2022