News Explorer — Coinbase CEO Says Strategy's Bitcoin Reserve Model 'Too Risky' for Exchange

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May 12, 3:06 pm

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Coinbase CEO Says Strategy's Bitcoin Reserve Model 'Too Risky' for Exchange

Coinbase considered allocating 80% of its balance sheet to Bitcoin but decided against it due to fears of potential harm to the company. The CEO highlighted the risk of Bitcoin's volatility affecting the company's growth during its early stages.

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Jun 5, 9:17 pm

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What Does Tether’s CEO Think of Competitor Circle’s Big Wall Street Play?

During an interview at Cantor Fitzgerald’s headquarters, Tether CEO Paolo Ardoino reacted to reports of Circle potential... Read Summary

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Jun 5, 6:49 pm

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A Baby Born on the Blockchain, All to Pump a Solana Meme Coin

A new dad coached his wife through the birth of their first child, named Solana, while crypto traders watched on a lives... Read Summary

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Jun 5, 4:57 pm

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Circle Stock Skyrockets on Debut as NYSE Halts Trading

Circle Internet Group, the issuer of USDC, saw its share price triple on the NYSE debut after raising $1.1 billion and b... Read Summary

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Jun 5, 3:30 pm

Coindesk

AVAX's Price Dropped 5% in 24 Hours, as Resistance Mounts at $20.68

Avalanche's AVAX, the 18th-largest cryptocurrency, experienced a 5% drop in 24 hours, underperforming the CoinDesk 20 in... Read Summary

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Jun 5, 3:03 pm

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Why NBA Star Tristan Thompson Considers Bitcoin the 'Michael Jordan' of Crypto

NBA star Tristan Thompson, with a 14-year basketball career, emphasizes discipline and persistence in mastering the cryp... Read Summary

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Jun 5, 2:00 pm

Coindesk

Bitcoin Layer-2 Network Botanix Boosts Decentralization With New Node Operators

Botanix Labs has added 16 new node operators, including Galaxy and Fireblocks, to its Bitcoin layer-2 network. The netwo... Read Summary

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Jun 5, 1:09 pm

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Trump, Elon Musk Clash Inspires New Meme Coin

Elon Musk's criticism of President Trump's "big, beautiful bill" led to the creation of the KBBB meme coin, which initia... Read Summary

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Jun 5, 11:54 am

Forbes

Bitcoin Poised for Breakout as Analysts Foresee U.S. Dollar Decline

The bitcoin price hit a record high of $112,000 last month, surging 50% from its April low, with support from figures like U.S. president Donald Trump and Tesla's Elon Musk. Analysts pr... Read Summary

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Jun 5, 9:00 am

www.wired.com

Bitcoin Faithful and MAGA Believers Collide in Las Vegas

US Vice President JD Vance's ownership of bitcoin, valued between $250,000 and $500,000, has drawn support and criticism... Read Summary

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Jun 5, 5:54 am

Coindesk

WazirX Restructuring Plan to Repay Creditors Declined by Singapore High Court

WazirX's proposed restructuring plan to repay creditors was declined by the Singapore High Court, delaying expected payo... Read Summary

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Jun 5, 4:50 am

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BidenCash, a Dark Web Marketplace, Seized by U.S. Government for Selling Stolen Credit Cards

The U.S. government has seized 145 domains and undisclosed amounts of crypto linked to BidenCash, a dark web marketplace... Read Summary

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Jun 5, 3:54 am

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Ethereum Foundation's New Treasury Policies Focus on Reducing Spending and Investing in DeFi Protocols

The Ethereum Foundation has introduced new treasury policies to reduce annual spending, aiming to invest in DeFi protoco... Read Summary

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Jun 4, 11:43 pm

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Circle's IPO Raises $1.1 Billion, Draws Interest From BlackRock and ARK Invest

Circle's initial public offering was priced at $31 per share, raising $1.1 billion in an upsized deal. The company's val... Read Summary

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Jun 4, 11:14 pm

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California Bitcoin Bill Would Let State Seize 'Unclaimed' Crypto Assets —What You Need to Know

California lawmakers passed a bill requiring the state to seize unclaimed customer cryptocurrency holdings from exchange... Read Summary

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Jun 4, 8:20 pm

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Publicly Traded Chinese Firm Makes $300 Million XRP Treasury Move

Webus International plans to establish a $300 million XRP treasury, following a trend among public companies to add cryp... Read Summary

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