Coinbase has forecast a hit of between $180-million and $400-million from a cyberattack.
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When bitcoin development company Lightning Labs first launched the Lightning Network in 2018, it was all the rage.
The judgment is a landmark legal victory for the cryptocurrency industry and sent the value of XRP soaring.
A bout of bitcoin turbulence may be a precursor to short-term gains in the token.
Coinbase Global will cut about 1 100 jobs, or 18% of its workforce, the cryptocurrency exchange said on Tuesday.
Cryptocurrency firms are fighting for lobbyists and fielding subpoenas in what could be an existential fight over how the multitrillion-dollar industry should be regulated.
Bitcoin licked its wounds on Wednesday, a day after its heaviest losses in two-and-a-half months as El Salvador’s historic adoption of the crypto asset as legal tender caused chaos online and on the street.
South African payments company Yoco has raised about R1.2-billion from top investors in a series-C funding round as demand grows among small businesses for its digital payments tools.
Coinbase Global was valued at $86-billion at the end of its Nasdaq debut on Wednesday, in a choppy day of trading when its valuation went as high as $112-billion.
Coinbase Global, the biggest US cryptocurrency exchange, will list on the Nasdaq on Wednesday, marking a milestone in the journey of virtual currencies from niche technology to mainstream asset.