Tag: cryptocurrency exchange

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Coinbase could see fee compression in long term, CEO expects

Brian Armstrong expects other revenue streams to take the lead in five or 10 years. Coinbase CEO Brian Armstrong has addressed the platform’s transaction fees as the company’s shares list on Nasdaq today. In a CNBC Squawk Box interview on Wednesday, Armstrong discussed public concerns associated with Coinbase’s massive returns coming from transaction fees. As…
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XRP price soars to new highs after recent legal victories and relisting rumors

XRP price rallied more than 30% as retail traders rotate into “cheaper” altcoins and investor sentiment turns positive after Ripple’s recent legal victories against the SEC. XRP price broke out to a new multiyear high on April 13 as a surge of trading volume in the early morning hours continued into mid-day.  Data from Cointelegraph…
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Crypto.com will provide liquidity to Finxflo in new partnership

“We want to eliminate the hurdles associated with crypto trading, and streamline the experience for new retail investors,” said Finxflo CEO James Gillingham. Cryptocurrency exchange platform and card issuer Crypto.com will be providing liquidity in a new partnership with Singapore-based hybrid liquidity aggregator Finxflo. In an announcement on Tuesday, Crypto.com said it would be joining…
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Enterprise blockchain solutions rally as businesses get hip to crypto

XRP, Stellar and XinFin see tremendous growth as enterprise solutions that offer cross-border solutions and serve the unbanked gain traction. The mainstream adoption of blockchain technology continues to pick up steam as stories like Microstrategy using Bitcoin (BTC) to pay bonuses for its board of directors and Topps announcing plans to release nonfungible token collectible trading…
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Solana (SOL) price rises as airdrops attract new users to the network

Solana price has rallied more than 50% this month as new projects conduct airdrops on SOL blockchain and high Ethereum fees push investors to seek cheaper alternatives. Over the past six months blockchain projects that have issued token airdrops have re-emerged. Most notably, the airdrops by Uniswap (UNI) and MEME will be remembered as recipients were…
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SingularityNET (AGI) rallies 1,000% as industries aim to merge AI with blockchain

The price of SingularityNET’s AGI token has been on the move as DeFi capabilities, cross-chain integrations and layer-two functionality drive demand higher. The internet has reshaped society over the past 40 years, and experts are predicting that digital technologies and artificial intelligence will continue to transform how humans interact with data for the foreseeable future.…
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Paxful denies reports of customer data leak

A spokesperson from the crypto trading platform clarified that no leaks pertained to sensitive customer info. An anonymous online source was recently spotted trying to sell private customer and employee data allegedly obtained from crypto exchange Paxful. A spokesperson from the company told Cointelegraph that no customer data has been jeopardized, however. “Our customers’ data…
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NFT gaming and a tsunami of trading volume lift Waves to a new all-time high

Waves price swelled to a new all-time high as NFT airdrops and exchange listings attracted new users to the project’s growing ecosystem. Nonfungible tokens (NFT) have handsomely rewarded early investors over the past few months, especially as they gained mainstream attention thanks to record-breaking digital art sales and well-known influencers like Paris Hilton throwing their…
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Robinhood’s crypto business explodes in the first quarter despite GameStop controversy

The popular trading app offers commission-free trading for Bitcoin, Ethereum and other cryptocurrencies. Robinhood, a popular trading app targeting millennials and other inexperienced investors, has become a major hub for cryptocurrencies, offering further evidence that digital assets are garnering mainstream appeal.  The company reported Thursday that 9.5 million users traded digital assets on its platform…
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Exchange tokens rally ahead of next week’s long-awaited Coinbase IPO

Binance Coin, WazirX and KuCoin Token have notched double-digit gains after centralized exchanges added lucrative staking opportunities and quickly listed new DeFi tokens. Centralized cryptocurrency exchanges (CEX) have received increased attention over the past couple of months as excitement builds over Coinbase’s April 14 NASDAQ listing and the exchange’s recent announcement that it pulled in $1.8…
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