Coinbase posts massive Q2 net losses as downturn bites August 10, 2022 Coinbase – one of the world’s most popular cryptocurrency exchanges – has revealed it suffered a massive $1.1 billion net loss in Q2 2022.
Second yellow for Arsenal over fan token promotions August 10, 2022 Arsenal football club have been rebuked by the ASA which declared it had upheld its ruling against the club relating to NFT promotions.
Coinbase sheds £0.9bn in second quarter as revenues plunge amid crypto crash August 10, 2022 Crypto giant Coinbase lost $1.1bn ($0.9bn) in the second quarter of the year as revenue dropped declined during the crypto crash. $446mn (£365m) of this loss was due to an impairment charge on the exchange’s crypto and venture investments as the “crypto winter” led to plummeting cryptocurrency prices and caused widespread losses across the industry. [...]
Iran side-steps US sanctions with $10m cryptocurrency import August 10, 2022 Iran has officially made its first multi-million dollar import using cryptocurrency as it looks to circumvent US sanctions.
Crypto market sentiment hits highest levels since April ahead of latest inflation figures August 10, 2022 The price of Bitcoin now seems to have firmly established itself in a narrow consolidation range in the $22,500 to $24,500 area.
Former CMA chair sues crypto exchanges Binance, Kraken and others for £10bn August 9, 2022 Crypto exchanges Binance, Kraken, and others have been hit with a £10bn lawsuit in a competition dispute by the former chair of the UK’s Competition and Markets Authority. Lord David Currie filed the claim against the two crypto giants as well as exchanges Bittylicious and ShapeShift for delisting the BSV cryptocurrency from their platforms, Financial [...]
New calculator shows how much you could have earned from crypto if you’d held on to it August 9, 2022 A new calculator has been launched showing how much you could have earned from cryptocurrency if you'd held onto it from 2020.
Inflation continues to cast a shadow over crypto markets August 9, 2022 The price of Bitcoin continues to hover at around $24k, dropping just 1.38 per cent over the past 24 hours to $23,810 this morning.
Meta and BlackRock dive deeper into crypto as Voyager receives approval to return cash August 8, 2022 Data from CryptoCompare shows that the price of Bitcoin started last week around the $23,000 mark and moved sideways throughout most of it.
Researchers label Nigeria as the world’s most ‘crypto obsessed’ nation August 8, 2022 Nigeria is, according to a new research study, head-and-shoulders the most cryptocurrency curious country in the world.