Steven Walgenbach

Bitcoin will surge to $200k by the end of the year after the recent $19 billion crypto liquidation cleared the path for another rally, Standard Chartered said. Global head of digital assets research, Geoff Kendrick, said that the deleveraging from the $19 billion in liquidations in the Oct. 10 flash crash, combined with potential interest […]

Blockchains that are built and controlled by corporations won’t last because they are not aligned with the fundamental concepts of blockchain, according to StarkWare co-founder and CEO Eli Ben-Sasson.  In a recent post on X, he reiterated his negative outlook for what he refers to as “corpo chains” that deviate from one of blockchain’s core […]

Coinbase has acquired Echo, a startup founded by crypto influencer and trader Cobie, for about $375 million as it moves into on-chain fundraising. The platform has helped projects raise more than $200 million across roughly 300 deals since launch, Coinbase said in an announcement today.  “With this acquisition, we’re building a full-stack solution for crypto […]

A crypto whale that has been dubbed a “Trump insider” after opening a short just before the recent crypto market flash crash has opened another position, betting $76 million in a 10x-leverage short that BTC’s price will drop. That was after Onchain Lends said on X that the “Bitcoin OG” deposited $30 million USD Coin […]

A major Amazon Web Services (AWS) outage today has impacted several crypto apps, including Coinbase, CoinMarketCap, and the digital trading platform Robinhood. In addition to those apps, users have also reported outages for apps including Canva, Alexa, Snapchat, Robinhood, PrimeVideo, and countless others.  X users have subsequently labeled the AWS outage as one of the […]