Coinbase counters WSJ claim its Risk Solutions group engaged in $100M proprietary trade

The Wall Street Journal and Coinbase are having differences over definitions. The newspaper published an alleged account of the digital asset exchange’s trading activities earlier this year that it claims amount to proprietary trading. Coinbase responded in a blogpost that it had done no such thing. Relying on information supplied by “people at the company,” the WSJ wrote on Sept. 22 that Coinbase made a $100-million transaction that was viewed inside the company as a test trade by the company’s Risk Solutions group, which had been formed for the purpose…

Read More

The biggest consumer brands that engaged with crypto in 2021

2021 was an exciting year for crypto, with several well-known — some unexpected — brands entering the crypto sector. Here’s looking at you, Charmin, and your toilet paper nonfungible tokens (NFTs). The year saw its fair share of moments that had crypto enthusiasts on the edge of their seats. While many people continued to talk generally about the revolutionary power of cryptocurrencies and blockchain, it seems as though 2021 was the year when the ideas underlying these technologies truly took hold of the consciousness of the mainstream. From NFTs to…

Read More

Bitcoin conference to use VR to keep remote attendees engaged

The decidedly precarious situation for live events in 2020 has seen a great many Bitcoin and blockchain meets and conferences go purely digital. While this has saved a small fortune in collective travel expenses, it has been somewhat at the expense of engagement, with most events opting to simply stream Zoom calls or pre-recorded interviews. So when the Magical Crypto Friends — a collaboration between Litecoin’s Charlie Lee, Blockstream’s Samson Mow, former Monero lead Riccardo Spagni and trader WhalePanda — decided to take their Magical Crypto Conference online, they planned…

Read More