NBA Star Victor Wembanyama NFT Just Broke His Trading Card Record—Here’s How

San Antonio Spurs phenom Victor Wembanyama is putting up numbers—both on the court and in Sorare NBA. Here’s how much his NFT sold for.

PayPal Says It Has Received a Subpoena From the SEC Over the PYUSD Stablecoin

Payments giant PayPal says that it has received a subpoena from the U.S. Securities and Exchange Commission (SEC) over its new stablecoin. In a new document, PayPal says that the regulatory agency has issued a subpoena over PYUSD, the firm’s dollar-backed stablecoin which launched earlier this year. “On November 1, 2023, we received a subpoena […]

zkSync Era trumps competition: What it means for you

zkSync Era has outperformed market leaders like Optimism and Arbitrum in daily unique addresses for five consecutive months.

Coinbase suspends staking services in Maryland

Coinbase has discontinued access to its staking services in the U.S. state of Maryland, according to an email sent to affected users on Nov. 2. In a copy of the email shared by TheCryptoTengu.eth, Coinbase said that affected users could no longer stake additional funds effective immediately. The crypto exchange also said that it will […]

Michael Saylor: ‘Unprecedented’ Demand Is Set to 10X Bitcoin

MicroStrategy co-founder and Executive Chairman Michael Saylor doubled down on his enthusiasm for Bitcoin on Thursday, telling CNBC that he believes the cryptocurrency is soon going to experience a price boost previously unheard of in modern financial history. Saylor’s confidence in the coin stems from the confluence of a number of Bitcoin-related events that are […]

Michael Saylor: ‘Unprecedented’ Demand Is Set to 10X Bitcoin

MicroStrategy co-founder Michael Saylor believes the next year will be the biggest ever not just for Bitcoin, but for any financial offering.

Solana Price’s 70% Rally Persuades Detractor, Arthur Hayes Makes Confession

Supported by a spike in volatility, the Solana price has skyrocketed from its yearly lows into a new high. The bullish momentum left some players in disbelief, while others capitulated to the price action and tried to capture some of the profits. As of this writing, SOL trades at $40 with sideways movement in the […]

Massive Bitcoin Powerplay: Northern Data’s €575M Boost Stuns Market

Northern Data, Europe’s largest Bitcoin mining company, has made a groundbreaking move in the world of cryptocurrency with a massive injection of 575 million euros in debt financing from Tether. This strategic investment will fuel Northern Data’s mission to expand its artificial intelligence cloud business by acquiring advanced hardware and bolstering its operations. This impressive […]

Coinbase Q3 revenue falls 5% to $674 million, but still beats expectations

Coinbase has released its shareholder letter for the third quarter of 2023, ending September 30th. Total revenue was $674 million, down 5% from last quarter. Net revenue was $623 million, down 6% sequentially. The company posted a small net loss of $2 million and generated positive Adjusted EBITDA of $181 million for the third consecutive […]

Bitcoin Miner Northern Data Secures $609 Million Debt Financing Facility from Tether

Europe’s leading Bitcoin miner and data cloud provider – Northern Data – announced securing EUR 575 million (worth over $609 million) debt financing facility from stablecoin issuer, Tether after entering into a loan agreement. The facility, operating under standard market conditions, is unsecured and set to mature on January 1, 2030, and is expected to […]