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Crypto data aggregator CoinGecko released a study on Oct. 10 about the most active crypto currency firms, with Coinbase Ventures emerging as the most active . Data in the study showed that the Coinbase Ventures made 144 investments in pre-seed or seed stage and an additional 199 investments at the early stages of Series A or B. Primary backers of the crypto industry The study goes on to show that, in total, the top 23 most active cryptocurrency venture capitalists have been involved in a range of 149 to 372 deals each.  What are the most active crypto VC firms? Our research reveals that @Coinbase Ventures leads the pack with 372 crypto deals to date. Let's dive into the numbers and examine the firms that have been most active. Read the full study: https://t.co/WdLkabU20g pic.twitter.com/6QXSxUyAoj — CoinGecko (@coingecko) October 10, 2023 Collectively, these prominent crypto venture capital firms have contributed to a substantial 4,346 investments from Jan. 1, 2...

The CEO and chair of Pascal Gauthier announces the firm will be cutting its staff by 12% in an Oct. 5 blog post citing the “longevity of the business.” The letter was sent to all employees, and reshared on the company’s public blog site in the interest of transparency. Macroeconomic headwinds This announcement comes despite Ledger being one of the only companies to raise capital in the first half of this year. However, the post goes on to explain the impact of the market on their own business, stating, “Macroeconomic headwinds are limiting [the company’s] ability to generate revenue, and in response to the current market conditions and business realities, we must reduce roles across the global business.” While difficult, Gauthier also cites that bear markets, such as the one the crypto market is currently facing, is an opportunity to strengthen the business. You might also like: Ledger partners with PayPal to enhance Bitcoin, crypto purchase Weathering the bear mar...

Coinbase’s registration with the Bank of Spain marks a significant stride in its mission to provide secure and compliant crypto services to users worldwide. The registration allows Coinbase to offer our full suite of products and services to retail and institutional users in Spain. Spain is a member of the EU which recently adopted the Markets in Crypto Assets (MiCA) regulations. Coinbase, a leading cryptocurrency exchange and custodian wallet provider, on September 22 announced that it had achieved a significant milestone in its global expansion strategy by securing Anti-Money Laundering (AML) registration with the Bank of Spain. This registration enables Coinbase to offer its full range of cryptocurrency services to both retail and institutional users in Spain while complying with the country’s regulatory framework. Coinbase in Spain Users from Spain can now access a comprehensive suite of services provided by Coinbase, including the secure cu...

Amid ongoing regulatory efforts, the U.S. Securities and Exchange Commission (SEC) is poised to contest Ripple’s recent victory. Binance captures attention with ambitious growth moves, while PayPal introduces its very own stablecoin.  Greater scrutiny in the U.S. This week, government agencies sought to establish clarity. The Federal Reserve introduced an innovative endeavor aimed at overseeing cryptocurrency operations within banking institutions. The Novel Activities Supervision program will diligently track activities pertaining to cryptocurrencies, encompassing trading and lending, with a particular emphasis on enhancing the security of stablecoin s. The SEC deferred its decision on the Bitcoin ETF proposal put forth by Ark Invest and 21Shares, with the intention to gather insights from the general populace. The agency chose not to approve nor reject the proposal. The recent actions undertaken by the SEC garnered considerable public interest, as the commission initi...

The crypto community has gathered to celebrate the recent ruling on XRP's securities status, but lawyers warn there's more to it than meets the eye. Ripple Labs’ split-decision victory against the United States securities regulator is being seen as a significant blow to the regulator’s “war on crypto,” however, crypto lawyers warn it isn't a definitive victory for the industry or the firm y In a landmark ruling on July 13, Judge Torres determined that XRP (XRP) is not a security — at least when sold to the general public. The decision was met with a joyous uproar from XRP token holders and came with a massive surge in the token's price, with industry heavyweights lauding the decision as likely to aid crypto exchanges Coinbase and Binance in their respective lawsuits. Luke Martin, the founder of crypto investment firm Venture Coinist noted that the “core component” of the United States Securities and Exchange Commission's (SEC) claim in its suits against Binance an...

The cryptocurrency landscape has witnessed numerous changes in recent years, with both positive and negative implications. One such negative aspect is the substantial decline in retail trade volume on Coinbase over the past three years. This is concerning, considering that the interest of retail investors in the crypto market has generally grown during this period. Source As seen in the above image, the institutional interest or trade volume on Coinbase has been soaring. Meanwhile, retail trade volume plummeted all the way from 40% down to 14% i.e 65% over the course of three years. But what is the reason behind this drastic drop? Also Read: Crypto Volume on Binance, Coinbase Dips 50%-70% Analyzing Coinbase’s decline in retail investors Coinbase has implemented fee increases for smaller traders to counterbalance the decline in trading volume. However, customers have started to voice their concerns and push back against Coinbase’s higher fees for smaller cry...

Just days after buying $21 million of Coinbase shares, ARK Invest CEO Cathie Wood has added another $19.9 million in Block Inc. shares across its ETFs. ARK Invest CEO Cathie Wood doesn’t appear to have been swayed by recent crypto regulatory action, after buying another $19.9 million shares of Block Inc. right after buying $21 million of shares in Coinbase. Wood’s latest buying spree comes despite the United States Securities Commission suing two of the industry’s exchange heavyweights — Binance (June 5) and Coinbase (June 6) for offering what the regulator considers to be unregistered securities, among other things. Coinbase's share price has been depressed in the days following the SEC lawsuit, however, Block Inc.'s shares saw a sharp rise in that same time period. ARK Invest’s 305,573 new shares of Block came across six buys between June 7-8, which now represents ARK’s fourth largest holding at 4.81%, according to ARK Invest Daily Trades. Of the new shares , 240,174 were ...

On this week’s episode of The Market Report, Cointelegraph’s resident expert discusses the details of the SEC’s lawsuit against crypto exchange Binance and its CEO, Changpeng Zhao. In the latest episode of The Market Report, analyst and writer Marcel Pechman discusses the impact of the United States Securities and Exchange Commission lawsuit against the Binance exchange. Most likely, the U.S. population will be barred from using the international version of Binance, and those who opt for VPN services will be at risk of being prosecuted. Pechman believes Changpeng “CZ” Zhao and Binance will lose or strike a deal pleading guilty, pay a fine, and be forced to halt services for North American entities — including Paxos and the Binance USD (BUSD) stablecoin. Considering Binance is the absolute leader in spot and derivatives trading, one might call the 5% price correction on April 5 a “vote of confidence,” meaning traders believe Binance international will remain fully operational. Worst-ca...

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A Coinbase stockholder sued the company’s executives in Delaware on Monday, May 1, for dumping the company’s stock. According to the allegations, insiders—including Chairman and Chief Executive Officer Brian Armstrong, Board Member Marc Andreessen—sold around $3 billion in shares. This was done right before the management revealed “material, negative information that destroyed market optimism from the company’s first quarterly earnings release forward.”  On April 14, 2021, Coinbase became a Nasdaq-listed company. At that time, COIN was trading over $380 per share in the beginning. It went on to claim a high of $429 per share on its volatile first day. According to the filing, “ Defendants took full advantage of the absence of any lock-up in the Direct Listing, rapidly selling over $2.9 billion of Coinbase stock on the first day and in the days that followed, from April 14, 2021, through April 22, 2021. “ In fact, the plaintiff Adam Grabski claimed that he has held Coinbas...

Blockchain security firm SlowMist founder Yu Xian in a tweet on March 15 revealed that the team tested the capabilities of the new ChatGPT-4 for simple Tugou’s smart contract codes. While the artificial intelligence (AI) model gave correct security recommendations for smart contact codes, ChatGPT-4 can’t handle complex smart contract codes. advertisement “We simply tested it. I believe that GPT-4 can give correct security recommendations with a high probability. However, complex smart contract codes, especially those with human sophistry, and the kind of loopholes that require other scenarios (or larger contexts), GPT-4 can’t handle it, but it can be used as an audit aid (if used well).” Blockchain security firms found that ChatGPT -4 is not effective to detect errors and loopholes in complex smart contract codes. Moreover, the AI model can be deceiving in some scenarios that require changes to smart contract s on a blockchain. ...

Join Our Telegram channel to stay up to date on breaking news coverage Threshold (T) surges 94% on potential Coinbase listing, Tezos (XTZ) approaches ‘Mumbai’ upgrade, Snowfall Protocol (SNW) shocks crypto community with its price gains The crypto market is in a constant state of flux, with new protocols and platforms emerging all the time. Thus, it can be difficult to keep up with all the latest developments, let alone decide which protocol is the best investment. Snowfall Protocol (SNW) is the newest addition to the market, but it’s already making waves in the crypto community. In this article, we will discuss the latest updates of Threshold (T), Tezos (XTZ), and Snowfall Protocol , and why SNW is a better long term investment. Threshold (T) price soars but can decline after today Threshold’s potential inclusion on the Coinbase worldwide exchange was signalled when the company revealed plans to list its T currency. The listing of Threshold (T) on Coinbase has been...