Coinbase has launched a groundbreaking open-source protocol known as x402, a significant leap forward in the realm of decentralized payments. By utilizing the historically underutilized HTTP status code 402—originally designated for “Payment Required”—Coinbase has ingeniously crafted a mechanism that enables on-chain payments using stablecoins without human intervention. This new standard is not merely a footnote
Exchanges
The landscape of cryptocurrency is undergoing a seismic shift, one that is marked by increasing regulatory scrutiny and a mandate for compliance. The Markets in Crypto-Assets (MiCA) regulations are not just a footnote in this evolution; they represent a clarion call for accountability. While the intention is undoubtedly to foster user safety and mainstream adoption,
The cryptocurrency landscape is known for its volatility, yet the staggering fall of MOVE, the native token of the Ethereum-driven Movement Network, has unnerved even the most seasoned investors. Following the unexpected delisting by Coinbase, amid worrying allegations regarding market-making practices, MOVE plummeted to an all-time low of $0.18—a shocking downturn of 23%. But what
Robinhood’s recent financial disclosures reveal a remarkable turnaround in retail crypto trading, with their crypto revenue soaring to $252 million—a staggering 100% increase year-over-year. This jump led to a monumental 77% increase in overall transaction-based revenue, pointing decisively towards the re-emergence of individual investors in the turbulent waters of cryptocurrency markets. Such figures portray Robinhood
In an era where digital privacy hangs by a thread, Coinbase, one of the largest cryptocurrency exchanges, is making headlines by challenging the Internal Revenue Service (IRS) on constitutional grounds. The company has filed an amicus brief with the U.S. Supreme Court, taking a stand against what it perceives as the government’s aggressive violation of
In a dramatic twist that has sent shockwaves through the crypto community, a wallet associated with the Donald Trump memecoin project has moved an astounding $20 million worth of TRUMP tokens to various centralized exchanges. This revelation, first reported by on-chain analyst EmberCN, raises urgent questions about the motivations behind such significant transfers. Why would
The cryptocurrency landscape has always been fraught with volatility, but the recent incident involving the exchange Bitget is a stark reminder of how quickly things can spiral out of control. Bitget has announced plans to take legal action against eight users who allegedly profited over $20 million from a trading glitch related to the VOXEL
As we approach mid-2025, a significant phenomenon in the cryptocurrency landscape warrants scrutiny: the unprecedented reduction of Bitcoin held on centralized exchanges. A recent report from CryptoQuant reveals that the count has dwindled to 2.5 million BTC, marking the lowest level since 2019. This 500,000 BTC reduction over four months is not merely trivial statistics—it’s
In an age where innovation drives economic prosperity, it is disheartening to witness five states putting up roadblocks against Coinbase and its staking program. The stakes are high—over $90 million in potential rewards are being withheld from everyday users who want to earn through an increasingly popular service. Regulatory bodies, including those from California, New
Riot Platforms has taken a significant step that raises eyebrows and questions about the future of Bitcoin mining. By entering into a $100 million credit agreement with Coinbase and leveraging its substantial Bitcoin reserves as collateral, Riot is attempting to secure financial stability in an increasingly tumultuous landscape. The deal allows Riot to withdraw funds