Coinbase Commerce will discontinue support for Bitcoin and similar UTXO coins. To use Bitcoin for payments, shoppers will need a Coinbase account. Coinbase has removed support for native Bitcoin (BTC) and other UTXO coins from its payment platform for merchants, Coinbase Commerce. Coinbase has removed support for native Bitcoin and other UTXO coins from its...Continue Reading

The crypto exchange team confirmed the attack on Feb. 18, a few hours after the first reports emerged on X (formerly Twitter). Decentralized crypto exchange FixedFloat has been exploited for at least $26 million worth of Bitcoin and Ether, according to on-chain data.  The exchange team confirmed the attack a few hours after it was...Continue Reading

Utility NFTs are more than just collectibles; they are powerful tools for unlocking access, rewards and unique experiences. Utility NFTs are digital assets that offer owners value through attached perks, specified privileges, rewards and experiences. Nonfungible tokens (NFTs) became massively popular in 2021, initially captivating imaginations with their association with high-priced artwork and exclusive collectibles....Continue Reading

Bitcoin open interest suggests the potential for fresh volatility as BTC price support levels become clear for the weekly candle close. Bitcoin (BTC) returned to the center of an intraday trading range into the Feb. 18 weekly close as bulls profited from weekend trading. Data from Cointelegraph Markets Pro and TradingView showed $52,000 acting as...Continue Reading

Financial institutions’ growing crypto interest is attributed to the U.S. launch of the first spot Bitcoin ETFs late last year, per PitchBook’s Q4 report. In the fourth quarter of 2023, venture funding for crypto-related companies totaled $1.9 billion, a 2.5% increase from the prior quarter, according to a report by PitchBook. It marks the first...Continue Reading

The regulator noticed an undisclosed detail, which was that the influencer’s fee was tied to the fund’s growth, guaranteeing higher compensation as the fund expanded. VanEck Associates Corporation will pay a $1.75 million fine to resolve Securities and Exchange Commission (SEC) charges linked to its 2021 launch of a social media-focused exchange-traded fund (ETF). The...Continue Reading

Coinbase forecasts that funds from Genesis’ GBTC sell-off would “remain within the crypto ecosystem,” despite fears of it potentially impacting Bitcoin’s price. Cryptocurrency exchange Coinbase believes that the approval for bankrupt crypto lending firm Genesis to sell its shares in Grayscale Bitcoin Trust (GBTC) won’t disrupt the crypto market. It argued that most of the...Continue Reading

The Australian federal police officer denies allegations of taking Bitcoin from a hardware wallet at the crime scene and transferring it to crypto exchange Binance. The National Anti-Corruption Commission (NACC) of Australia has accused a federal police officer of wiping a Trezor hardware wallet containing 81.62 Bitcoin (BTC) at a crime scene. The authorities relied...Continue Reading