Onchain Economy Has Reached Escape Velocity Amid Generational Shift

Key Takeaways Armstrong said the on-chain economy has reached “escape velocity” amid expanding crypto adoption. Coinbase positioned itself to capture the generational shift toward on-chain finance, according to Armstrong. Management highlighted stablecoins, payments, and AI-driven activity as major future growth drivers. Armstrong Frames Coinbase Around Broader On-chain Finance Growth Coinbase Global Inc. (Nasdaq: COIN) CEO…

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Here’s What the Latest On-Chain Data Reveals

XRP’s speculative momentum appears to be fading, according to Glassnode. Activity on the Ripple (XRP) network has dropped sharply since late 2024, according to the latest findings by blockchain analytics firm Glassnode. In fact, new XRP addresses fell from around 18,000 per day in December 2024 to 2,700 per day currently, which represents an…

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Kraken sues Etana over $25m client fund theft

Kraken’s Etana fraud case alleges a Ponzi-like scheme diverted more than $25m in client funds. Summary Kraken parent Payward filed a second amended complaint in Colorado federal court accusing Etana Custody and CEO Dion Russell of misappropriating over $25m in client funds. The complaint alleges Etana commingled custodial assets with operating funds, made risky bets…

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