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skolnes

skolnes

  • Coinbase

    Analyst lowers Coinbase price target, still sees 40% upside

    by skolnes August 2, 2024
    August 2, 2024

    Coinbase stock price has been in a freefall, dropping for eight consecutive days, but one analyst believes that it could rebound to $295, ~40% above its Friday’s open.  Coinbase’s retreat …

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  • Coinbase

    Coinbase faces campaign finance violation allegations over $25m super PAC donation

    by skolnes August 2, 2024
    August 2, 2024

    Coinbase faces allegations of violating campaign finance laws with a multi-million donation to the Fairshake super PAC, though the exchange labels these claims “misinformation.” Coinbase, the U.S. public cryptocurrency exchange, …

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  • Monero

    Backlash as WazirX ‘socializes’ $235M loss, $10B metaverse plan for shut-ins: Asia Express

    by skolnes August 1, 2024
    August 1, 2024

    Our weekly roundup of news from Asia curates the industry’s most important developments. Can the metaverse solve Japan’s “hikikomori” problem? Research and consulting firm Yuri Group estimates that Japan can …

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  • Ripple

    Ripple Invests In Tokenized US Treasury Bills On XRP Ledger

    by skolnes August 1, 2024
    August 1, 2024

    RippleX, the developer arm of Ripple, is partnering with OpenEden Labs to introduce tokenized US Treasury bills (T-bills) to the XRP Ledger (XRPL), according to an official press release from …

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  • Coinbase

    a16z, Coinbase back $50m funding round for Morpho

    by skolnes August 1, 2024
    August 1, 2024

    Decentralized crypto lender Morpho has announced a $50 million strategic round backed by a16z and Coinbase Ventures among other top crypto venture capital firms. On August 1, 2024, Morpho disclosed …

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  • Coinbase

    Icebreaker raises $5m to launch a blockchain rival to LinkedIn

    by skolnes July 31, 2024
    July 31, 2024

    Icebreaker, an open-source professional network founded by Coinbase and Google alumni Dan Stone and Jack Dillé, has raised $5 million in seed funding, valuing the company at $21 million. The …

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  • NFT

    Hyperbolic and Mintify raise over $10m in latest web3 VC deals

    by skolnes July 31, 2024
    July 31, 2024

    So far this week, two web3 startups have collectively raised over $10 million in venture capital funding. Hyperbolic raises $7 million Hyperbolic, a blockchain-based artificial intelligence project, raised $7 million …

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  • NFT

    Japanese crypto exchange Bitbank eyes IPO on Tokyo Stock Exchange

    by skolnes July 31, 2024
    July 31, 2024

    Crypto exchange Bitbank is gearing up for an initial public offering on the Tokyo Stock Exchange, becoming the second Japanese crypto exchange to seek regulatory approval to go public. Bitbank …

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  • NFT

    SEC became a defendant in the NFT classification lawsuit

    by skolnes July 30, 2024
    July 30, 2024

    Law professor and filmmaker Brian Frye and songwriter Jonathon Mann have filed a lawsuit against the U.S. Securities and Exchange Commission. The lawyers argue that the SEC’s approach to regulation …

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  • Coinbase

    SEC pauses securities allegations against Solana, Cardano and Polygon in Binance lawsuit

    by skolnes July 30, 2024
    July 30, 2024

    The U.S. SEC has decided to pause its allegations that the native crypto assets of Solana, Cardano and Polygon are unregistered securities in its ongoing lawsuit against Binance. The U.S. …

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