Publicly traded US-based crypto exchange Coinbase saw its worst quarter since the collapse of crypto exchange FTX in 2022.Coinbase shares started 2025 trading at just over $257 on Jan. 2 and ended the quarter at a little over $172 on March 31, a dip of 33%, according to market data. This makes the first quarter of 2025 the worst for Coinbase's stock performance since the collapse of FTX in November 2022.
Following ‘smart money' is one of the ways that newbie crypto traders and investors can avoid the pitfalls that come with actively participating in this volatile market.
The company's former COO Samuel Howe also recently exited the business.
Grayscale Investments has filed an S-3 form with the U.S. Securities and Exchange Commission to convert its Digital Large Cap Fund into an exchange-traded fund.
Crypto exchange Backpack has officially launched the claims process for users of the now-defunct FTX EU platform, according to an April 1 statement. BackPack CEO Armani Ferrante said: “It's been a long, complicated process with multiple parties, but we're happy to finally open up identity verification for FTX EU customers on [our website.
TL;DR Charles Hoskinson, founder of Cardano, claims that the approval of stablecoin legislation will open the door for major tech companies to adopt cryptocurrencies. Companies like Apple, Google, and Meta could facilitate mass adoption of crypto assets thanks to their billions of users.
GUNZ is a Layer 1 blockchain built for AAA Web3 gaming by Gunzilla Games. It supports a robust gaming ecosystem, offering tailored services for both developers and players.
There's a new institutional-grade DeFi yield platform in town, we've exclusively learned.
0xbow is introducing Privacy Pools to the Ethereum blockchain. Privacy pools protect the transaction history of users without any legal complications.
Several tokens on Binance, including ACT, fell sharply and unexpectedly on April 1.
CertiK data revealed that crypto security improved in March. As per the blockchain security firm, frauds totalled $28.8 million in March.
The Dencun attack on SIR.trading exposed Ethereum Dencun upgrade vulnerabilities, disrupting DeFi. After releasing this protocol update, the attack preyed on the opportunity.
A former executive of the Web3 game Blade of God X (BOGX) has accused the project of abandoning its blockchain-based roadmap after raising funds through the crypto space.On April 1, BOGX's former chief marketing officer Amber Bella claimed in an X post that despite being funded by Web3 sources, the game “completely abandoned” its Web3 goals and the team working on its Web3 features. “Web3 was completely abandoned, and my Web3 team's salaries went from delayed payments to no payments at all,” Bella claimed.
Cryptocurrency exchange Bybit announced it will discontinue its NFT and Inscription marketplaces as well as shut down its IDO products.
Lacewell joined the exchange as a board member last year having previously served as Superintendent and head of the New York Department of Financial Services
Investment giant Grayscale is set to make waves in the investment world with its proposal to launch a new exchange-traded fund (ETF). In a stunning development, Grayscale Investments submitted an S-3 form to the US Securities and Exchange Commission (SEC) to convert its Digital Large Cap Fund into an ETF.
The sudden altcoin price drops on Binance highlight the volatility and risks in crypto markets, potentially affecting investor confidence and market stability. The post No April Fool's joke—Multiple altcoins suddenly tank on Binance appeared first on Crypto Briefing.
Coinbase, the largest US crypto exchange, has recorded its worst quarter since the dramatic collapse of FTX in late 2022.
Brian Armstrong, CEO of Coinbase, has called on U.S. lawmakers to revise proposed stablecoin legislation to allow consumers to earn interest on their holdings.
House Financial Services Committee chairman Rep. French Hill (R-Ark.
Kentucky joins Vermont and South Carolina in dismissing lawsuits against Coinbase's staking services, signaling a growing state-level shift toward pro-crypto policies and calls for unified federal regulations. The post Kentucky Drops Crypto Staking Lawsuit Against Coinbase, Joining Vermont & South Carolina appeared first on Cryptonews.
Vanuatu passes strict crypto licensing and regulation act, granting the VFSC authority to oversee virtual asset service providers with severe penalties for non-compliance, aiming to attract legitimate businesses and deter scammers. The post Vanuatu Passes Crypto Licensing and Regulation Act appeared first on Cryptonews.
TL;DR Armstrong Urges Reform: Coinbase CEO Brian Armstrong calls on U.S. lawmakers to update regulations, enabling stablecoin issuers to pay interest just like traditional banks. Economic Boost Potential: Allowing on-chain interest could offer returns up to 4%, significantly higher than current savings rates, thereby encouraging spending, saving, and investment.
Low liquidity and massive sell orders likely led to the market imbalance.
Elon Musk has done it again! Tesla is officially launching its own cryptocurrency, TESLACOIN (TSLA), and it can be mined directly from Tesla vehicles while driving.
Binance Charity will airdrop up to $1.5 million in crypto to verified users in quake-hit Myanmar and Thailand, showcasing blockchain's power in disaster relief. Binance Charity Airdrops $1.
The Initia airdrop details are finally out, grabbing all investors' attention for the upcoming INIT token launch. In the cryptocurrency world, airdrops are pretty popular, where users or participants earn free cryptos in return for interaction with the platform and simple tasks.
Senator Tuberville plans to launch a bill to allow Americans to invest their retirement funds in cryptos. The Trump administration backs crypto with reserves and policy support.
Many Indians trading on the world's largest crypto exchange, Binance, have come under the glare of tax authorities. As reported by The Economic Times, the Income Tax (I-T) department has been investigating whether the 1% Tax Deducted at Source (TDS) levied on such transactions has been properly collected.
Kentucky has officially dropped its lawsuit against Coinbase over the exchange's crypto-staking services. According to a joint filing submitted on March 31, the state's Department of Financial Institutions dismissed the case without prejudice, signaling a broader shift in regulatory sentiment.
The opening quarter of 2025 has seen an increase in cryptocurrency attacks when hackers walked away with $1.63 billion across over 60 incidents.
A US dollar-pegged stablecoin launched by a cryptocurrency platform tied to US President Donald Trump's family could complicate ongoing bipartisan efforts to pass stablecoin legislation in Congress, raising concerns about potential conflicts of interest.The Trump-linked World Liberty Financial (WLFI) crypto platform launched the World Liberty Financial USD (USD1) US dollar-pegged stablecoin in early March, prompting concerns over potential conflicts of interest. Despite political pushback from Democratic Party lawmakers, WLFI's stablecoin plans are in line with the current US stablecoin legislation, according to Anastasija Plotnikova, co-founder and CEO of blockchain regulatory firm Fideum.
Crypto scams are surging as more people flock to digital currencies, with fraudsters exploiting the industry's rapid growth to deceive investors.
Coinbase is no longer being sued by Kentucky, South Carollina and Vermont for violating state securities laws by offering crypto staking services.
Coinbase CEO Brian Armstrong calls for stablecoin legislation enabling interest payments to users. He argues that onchain interest could counteract inflation and boost purchasing power.
Crypto hacks surged to record levels in the first quarter of 2025, with losses surpassing $1.6 billion, according to fresh data from blockchain security firm Immunefi. This marks the worst quarter on record for the digital assets industry in terms of security breaches, eclipsing the $706 million lost in the same period last year.
OKX, one of the world's leading cryptocurrency exchanges, has appointed Linda Lacewell as its new Chief Legal Officer (CLO). This decision aligns with the company's strategy to accelerate its global expansion.
He believes that once the stablecoin and market structure bills pass, the floodgates will open for major tech companies to embrace crypto. With these companies combined, that's a whopping 3 billion people who could potentially tap into the world of cryptocurrency.
Backpack, a crypto exchange founded by former FTX executives, has initiated the fund claim process for FTX's EU customers as part of the ongoing global efforts to distribute FTX bankruptcy recovery funds.
The amendment by Democrat assembly member Avelino Valencia adds several clauses protecting cryptocurrency use in California.
Coinbase CEO Brian Armstrong is advocating for changes to US stablecoin legislation that would allow holders to earn interest directly from their digital assets, arguing this would benefit consumers and strengthen the US economy.
Stablecoin bills in the US are drawing attention from institutional investors and politicians. Recently, US Representative Bryan Steil told journalist Eleanor Terrett that the two major stablecoin bills—the STABLE Act and the GENIUS Act—have only minor differences.
AUSTRAC, Australia's financial services watchdog, has raised concerns that some crypto ATM providers may lack adequate anti-money laundering and counter-terrorism measures. Task Force Identifies Worrying Trends The Australian financial services industry watchdog, AUSTRAC, has claimed that some crypto ATM providers “may not have the right anti-money laundering and counter-terrorism (AML/CTF) checks in place.
Taiwan's top financial regulator and a lawmaker have each drafted separate versions of a special crypto act.
Hackers stole more than $1.63 billion in cryptocurrency during the first quarter of 2025, with the Bybit exploit accounting for more than 92% of total losses, according to blockchain security firm PeckShield.PeckShield reported that over $87 million in crypto was lost to hacks in January, while February saw a dramatic spike to $1.53 billion, largely due to the Bybit attack. That incident was one of the largest crypto thefts to date.
Japan's financial regulator is planning to change the country's laws to classify cryptocurrencies as financial products as early as 2026 as part of new regulations aimed at curbing insider trading in the digital asset market.
The proposed legislation is set to shake up the retirement investment landscape. It would give people the chance to diversify their portfolios by including crypto like Bitcoin and Ethereum.
According to his LinkedIn account, OKX's chief legal officer Mauricio Beugelmans has parted ways with the cryptocurrency exchange. While with the company, Beugelmans played a significant role in shaping OKX's global compliance policy.