Headlines

Coinbase CEO responds to criticism over betting prompts in app

Coinbase CEO Brian Armstrong has responded after Zcash founder Zooko Wilcox criticized the exchange over alleged betting prompts inside the Coinbase app. Summary Coinbase CEO backs user choice but warns high-risk products need careful in-app promotion rules. Zooko’s complaint turned Coinbase prediction markets into a debate over vulnerable users and app design. Coinbase’s broader product…

Read More

Bitcoin and Gold Are Bleeding

Here’s what seems to be retail investors’ new attraction. Bitcoin has been on an evident downfall since the start of the year as it plunged below $60,000 for the first time since late 2024. The largest funds tracking its performance have lost over $8 billion in weeks. Although gold began the year on a…

Read More

Brazil Proposes Mandatory 24-Hour Hold on Large Crypto Stablecoin Transactions

Key Takeaways Brazil proposed a 24-hour hold on stablecoins, hitting B2B markets, with comments due by July 2. The bank targeted $10,000+ stablecoin transfers, harming brokers, with final rules next up for review. New rules pause large crypto remittances, threatening institutional adoption, as feedback closes. Central Bank of Brazil Proposes Holding Stablecoin Remittances For Screening…

Read More

ESMA Tells Unauthorized Crypto Firms to Wind Down as MiCA Deadline Hits in 3 Days

Key Takeaways European regulators require unauthorized crypto firms to halt new customer onboarding and prepare orderly market exits. Clients should confirm providers appear in the ESMA Register or transfer assets to authorized alternatives. Coordinated enforcement with national authorities could increase after MiCA’s transition period concludes. EU Regulator Orders Unapproved Crypto Firms to Halt New Clients…

Read More