The second quarter of 2025 saw Kraken navigate a challenging backdrop of macro uncertainty and shifting market dynamics while delivering solid progress across its core metrics. Revenues slipped 13% from $478 million in Q1 to $412 million, reflecting seasonal headwinds and US…
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Coinbase executive leads Dakota neobank raise $12.5 Million
Dakota, a neobank blending traditional banking with digital assets, has captured investor attention by securing $12.5 million in Series A funding led by CoinFund. Co-founded by former Coinbase executive Ryan Bozarth, the startup leverages stablecoins to accelerate cross-border payments and reduce transaction…
Supreme Court sustains IRS summons for Coinbase data
The US Supreme Court recently declined to review an IRS summons compelling Coinbase Global Inc. to disclose transaction records for over 14,000 cryptocurrency users. This refusal came without comment, leaving intact a lower court decision that upheld the summons under…
Robinhood to issue 200 stock tokens on its own blockchain in EU?
The online brokerage Robinhood has announced an expansion of its crypto and stock trading services across the European Union. With the unveiling of Stock Tokens, customers can now trade tokenized shares of U.S. companies on a blockchain with no commission…
Coinbase Stock Rises 45% on Senate Stablecoin Approval
Coinbase Global Inc. shares closed at the highest level ever last Thursday when the stock climbed 5.5% to $375.07, surpassing the prior peak of $357.39 from November 2021. After tumbling to a record low in late 2022 amid the collapse…
Coinbase climbs 38% on US stablecoin bill and MiCA approval
Shares of Coinbase hit their highest level in a year this week, reflecting growing regulatory clarity both in the United States and abroad. Since June 18, the stock of the leading U.S. crypto exchange has climbed 38%, driven by the…
Coinbase Offers E-Commerce Stablecoin Payments to Merchants?
Coinbase Global is unveiling a suite of payment tools designed to position stablecoins as a mainstream method for online transactions. The new Coinbase Payments platform arrives shortly after the US Senate approved landmark stablecoin legislation on June 17, 2025, and…
JPMorgan Debuts 1st Deposit Token with Coinbase for Firms?
JPMorgan Chase, the largest bank in the U.S., is intensifying its foray into digital assets by piloting a new deposit token named JPMD. This initiative marks a decisive shift in how a traditional commercial bank leverages blockchain mechanics to facilitate…
Predatory Sparrow Hacks Nobitex Iran $90M Burns Loot
Geopolitical tensions in the Middle East have spilled over into the crypto industry as Predatory Sparrow launched one of the most symbolic cyberattacks in recent memory. On Tuesday, Nobitex, the largest cryptocurrency exchange in Iran, was breached for more than…
Coinbase draws criticism sponsoring US military parade
The first large-scale military parade in Washington, D.C., in decades unfolded on Saturday to mark the 250th anniversary of the United States. Among the marching units and military hardware, corporate banners lined the review stands to recognize sponsors. Coinbase, the…