Coinbase shares rise 3% as Q2 crypto trading doubles from last year
Coinbase has marked its third consecutive quarter in the black, with its net revenue and trading volumes jumping 108% and 145%, respectively, from the prior year. Go to Source
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Wazirx Takes Legal Action After $230 Million Cyberattack — Liminal Insists Platform Secure
Indian crypto exchange Wazirx has filed a police complaint and is pursuing legal action after a cyberattack led to a loss of over $230 million. The exchange is collaborating with global partners and authorities to trace and recover the stolen funds. Meanwhile, Liminal Custody has insisted that its platform remains secure and that all malicious … Read more
Missing words in a seed phrase: How many are recoverable?
Remembering and deliberately missing a few words from a seed phrase backup is not a good idea, as one can hack up to four words. Go to Source
TON ecosystem scams on the rise: How to stay safe
As the TON blockchain is open-source and permissionless, individual users and projects must be careful to ensure their own safety. Go to Source
Crypto exchange OKX launches local regulated entity in Australia
The expansion comes 12 months after the firm announced its intention to expand down under. Go to Source
Robinhood Q1 crypto trading surges 224% — SEC action ‘disappointing’
Robinhood’s crypto services contributed to nearly 40% of the firm’s transaction-based revenue and helped the firm produce a net profit for the second straight quarter. Go to Source
39% of Canada’s institutional investors have exposure to crypto: KPMG
KPMG Canada partner Kunal Bhasin says rising debt and increasing inflation have likely attracted institutional investors into crypto. Go to Source
Deutsche Bank taps Taurus for global crypto custody services
Deutsche Bank is set to offer customers cryptocurrency custody options through a partnership with cryptocurrency infrastructure platform Taurus. Go to Source
No, Bitcoin withdrawals from exchanges are not inherently bullish for crypto
Traders say the record-low number of BTC held on exchanges is a bull signal, but data suggests otherwise. Go to Source
Paypal USD: Boon for Ethereum but not decentralization, says community
Proponents say PayPal’s PYUSD could see Ethereum become the money layer of the internet, while opponents argue that it’ll act like a poorly designed CBDC. Go to Source
