Coinbase Misses Q3 Estimates Amid Weak Market
Coinbase achieved a diluted earnings per share of $0.28, a notable improvement from last year’s $0.01 loss, yet still shy of analyst expectations. During trading after hours on Wednesday, Coinbase shares experienced a decline. The decline in Coinbase shares occurred because the cryptocurrency exchange revealed lower earnings and sales for the third quarter than what […]
Canary Capital Files Solana ETF Application with US SEC
The crypto asset manager has filed for a spot Solana ETF, following earlier filings for XRP and Litecoin ETFs in October. Crypto asset manager Canary Capital has filed with the U.S. Securities and Exchange Commission for a spot Solana exchange-traded fund (ETF), following similar applications by VanEck and 21Shares. The proposed spot Solana ETF would track […]
Kazakhstan CBDC Pilot Cuts VAT Refund Wait Times
The National Bank’s latest initiative demonstrates the benefits of programmable central bank digital currency. Kazakhstan has introduced a new pilot project for its central bank digital currency (CBDC) to demonstrate its programmability potential. Collaborating with the Ministry of Finance, the National Bank of Kazakhstan (NBK) showcased how the digital tenge can streamline value-added tax (VAT) […]
Robinhood Sees 165% Surge in Q3 Crypto Revenue
Robinhood had a profitable third quarter in its crypto section as it disclosed its revenue surged by 165% amid US SEC strain. Despite regulatory pressure from the U.S. SEC, Robinhood Markets Inc., a commission-free crypto brokerage firm, has posted strong results in its third-quarter performance report, highlighting a robust crypto segment. In a competitive market, […]
How to Ensure Your Crypto Transactions Are Secure and Fast
This article explains how to make your crypto transactions secure and fast with essential strategies for safe, efficient, and timely transfers. Crypto transactions change how we handle digital payments, allowing for fast, borderless transfers. However, with this convenience comes the responsibility to protect your assets. Ensuring that each transaction is secure and fast is crucial, […]