Coinbase is betting big on fixing one of crypto’s oldest headaches: the initial coin offerings (ICOs) that fueled the 2017 boom and left a trail of rug pulls in their wake. However, the exchange’s latest acquisition has illustrated some of the underlying issues that still plague this aspect of the crypto market. Coinbase has agreed […]
Who’s Paying for Trump’s Ridiculous White House Ballroom?
President Donald Trump is currently demolishing the East Wing of the White House in one of the more shocking acts of his second term. Trump plans to build an enormous $250 million ballroom in its place, a structure that will dwarf the existing White House. But who’s paying for it? As it turns out, a […]
Why Did Coinbase Burn This $25 Million NFT?
Earlier this year, crypto influencer and investor Cobie (real name Jordan Fish) created a non-fungible token (NFT) related to a defunct podcast he co-hosted with the pseudonymous Ledger during the 2021 crypto bull run and eventual collapse. Yesterday, Coinbase CEO Brian Armstrong announced that the crypto exchange had purchased this NFT, which cost $25 million […]
Bitcoin Hits $112K, but Something Feels Off
Bitcoin is on the move again. The world’s largest cryptocurrency by market value surged past a symbolic milestone on Wednesday, reaching a record-breaking $112,055 on the Coinbase exchange around 3:55 p.m. ET. That’s the highest price ever recorded for Bitcoin on Coinbase, surpassing the previous high of $111,891 set in May. With this latest surge, […]
Oregon Revives Lawsuit Against Coinbase That Trump’s DOJ Killed
Oregon’s Attorney General is planning to file a lawsuit against cryptocurrency exchange Coinbase. That is according to the company’s chief legal officer, Paul Grewal, who wrote in a post on X that the state is “resurrecting the dead” by filing a case similar to the one dropped by the U.S. Department of Justice under President […]