Coinbase Commits $500 Million of Cash and 10% of Quarterly Income to Invest in Bitcoin, Ether, DeFi & other Cryptocurrencies

Cryptocurrency exchange Coinbase has announced its plan to put Bitcoin and cryptocurrency on its balance sheet. Finally, after Square, Tesla, and other companies, Coinbase is also ready to commit to the future where crypto assets will be the standard of economic transactions, meaning buying, selling, spending, and earnings will all be based on crypto. “We […]

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BlockFi Signs NBA #1 Draft Pick Cade Cunningham As An Ambassador

It’s another impressive integration between the crypto space and the National Basketball Association (NBA). This week, cryptocurrency lender BlockFi announced a partnership with Cade Cunningham, one of the basketball league’s shining young stars. In a press release, the financial services company explained that Cunningham would help with its outreach and education efforts. Signing the Young […]

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50% of Robinhood’s Q2 Revenue Came from Crypto – Here’s the Catch

Neither the author, Kai Morris, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Robinhood’s Q2 2021 report is here, and it reveals plenty of successes for the investment platform. For starters, its total net revenue reached $565 million, and its transaction-based revenue hit $451 million. Of that, […]

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Japanese Crypto Exchange Liquid Suspends Deposits and Withdrawals Following An $80M Security Breach

Japan-based regulated cryptocurrency exchange Liquid has suspended the deposit and withdrawals of crypto assets after its hot wallets were hacked. It has not yet been confirmed just how many assets have been stolen. In a tweet on Thursday morning, the exchange said that its hot wallets that were compromised as such are moving the assets […]

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Ethereum Balance on Exchanges Drops to Lowest Levels Since 2018

Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Recently, the total cryptocurrency market capitalization managed to top $2 trillion. This valuation, which was last seen during April 2021 when a large number of digital assets were trading at all-time highs, is an […]

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41% of Vietnam Citizens Own Crypto as Country Leads Adoption

Neither the author, Kai Morris, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Statistics from both ChainAnalysis and Finder reveal Vietnam as a top country for crypto adoption. 41% of the country’s population claim to own some form of cryptocurrency, the highest percentage in any country, and […]

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