BuyBitcoinswithDebitCard

Coinbase Beats Earnings Expectations

by Staff writer

The company reported $604 million in revenue for Q4 of 2022, up 5% from the $590 million it made in Q3. Key Takeaways Coinbase reported higher earnings than expected yesterday. The company made $604 million in revenue in the final quarter of 2022, beating the $590 million it had earned in the t...

Read More

Yuga Labs to Launch Art Collection on Bitcoin

by Survival Zen

The studio behind Bored Ape Yacht Club wants to take advantage of the Bitcoin Ordinals frenzy. Key Takeaways Yuga Labs is launching a new collection on Bitcoin. The 300-piece generative art collection, named Twelvehold, will leverage Bitcoin’s Ordinal protocol to turn individual satoshis into d...

Read More

Former Coinbase Employee Pleads Guilty to Insider Trading

by Survival Zen

Ishan Wahi now faces up to 40 years in jail for taking advantage of Coinbase’s listing process. Key Takeaways Former Coinbase product manager Ishan Wahi pleaded guilty to the insider trading charges laid against him. Wahi admitted to taking advantage of Coinbase’s crypto listing process for mon...

Read More

SEC Charges Do Kwon With Offering Unregistered Securities

by Staff Reporter

The regulator claims Kwon fraudulently misled investors on the question of UST’s stability. Key Takeaways The SEC filed a lawsuit against Terraform Labs and Do Kwon. It claims that Kwon sold unregistered securities and violated anti-fraud provisions of federal securities laws. The agency wants...

Read More

Crypto Hedge Fund Galois Capital to Shut Down due to FTX Losses

by Jim Black

Galois Capital lost almost half of its funds in the FTX debacle. Key Takeaways Crypto hedge fund Galois Capital is closing down. The firm claims that almost half of its assets were still on FTX when the exchange collapsed. It has already sold its FTX claims for 16 cents on the dollar. Crypto...

Read More

Unsecured Voyager Creditors Subpoena FTX Executives

by Keiran Clark

After the FTX Group unceremoniously attempted to claw back the repayment of Alameda’s loan to Voyager, lawyers on the side of the struggling crypto platform have responded with a two-part salvo of legal requests. In the FTX Group’s original filing, the firm claimed that Voyager had failed to do due...

Read More

UK Fintech Investment Fell Nearly 60% in 2022: KPMG Report

by Keiran Clark

The United Kingdom’s crypto and fintech industries saw investment dry up in the latter half of 2022 amid a combination of turbulent macroeconomic conditions and record-high inflation. Businesses in the region completed a total of 591 fintech deals in 2022, compared to 724 in 2021.  The Fintech...

Read More

BuyBitcoinsWithUsdEur