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Coinbase's Bitcoin Loans Are Not What They Seem

[Jan 16 4:37 PM] Follow me on X for more Bitcoin L2 alpha@GuerillaV2 Earlier today, Coinbase announced the launch of “Bitcoin-Backed Loans” using Base, its native blockchain. But there’s one problem. (Actually, two.)These loans are not backed by Bitcoin, nor

FDIC Releases Redacted Operation Choke Point 2.0 Letters

[Jan 7 12:30 AM] The letters serve as a damning indictment of the government’s alleged anti-crypto policies. How the FDIC Secretly Stifled Banks’ Crypto-Related Activities The Federal Deposit Insurance Corporation (FDIC), an entity originally formed to restore…

Hut 8 Bitcoin Holdings Now Over $1 Billion With Latest Buy

[Dec 20, 2024 4:00 AM] Major North American Bitcoin (BTC) mining company Hut 8 has further expanded its BTC holdings with a $100 million acquisition. This latest purchase has pushed the company’s total reserves to over 10,096 BTC, valued at more than $1 billion at…

Coinbase To Delist WBTC After Judge Gives Thumbs Up

[Dec 19, 2024 11:30 AM] Coinbase announced in November that it would delist WBTC on December 19, after the token became affiliated with Tron founder Justin Sun. Coinbase and Bit Global Clash in Court Over WBTC Delisting California judge Araceli Martínez-Olguín gave crypto…