Author: Tanishq Bodh
-
Robinhood to Acquire Global Crypto Exchange Bitstamp in $200 Million Deal
Robinhood plans to acquire Bitstamp for $200 million, expanding its global crypto presence and enhancing services with Bitstamp’s extensive customer base and advanced crypto offerings.
-
Coinbase Unveils Smart Wallet, Aiming to Bring 1 Billion Users to Crypto
In a move geared towards simplifying DeFi access, leading U.S. crypto exchange Coinbase has launched its highly anticipated Smart Wallet. Promising easy setup and gasless transactions, the wallet targets newcomers to the decentralized finance space. Siddharth Coelho-Prabhu, Coinbase’s senior director of product management, introduced the Smart Wallet in a recent blog post. He highlighted its…
-
Vitalik Buterin Criticizes Celebrity Crypto Tokens for Lacking Substance and Long-Term Value
In a recent statement, Ethereum co-founder Vitalik Buterin voiced strong criticism against the surge of celebrity tokens in the cryptocurrency space, labeling them as superficial and lacking meaningful impact. Buterin’s comments highlight a growing concern about the value and purpose of these celebrity-endorsed digital assets. • Lack of Substance: Buterin argues that celebrity tokens are…
-
Bitcoin Billionaire Michael Saylor Settles Tax Evasion Lawsuit For $40 Million
Michael Saylor, founder and Executive Chairman of MicroStrategy, has agreed to a $40 million settlement with the District of Columbia over an income tax dispute. This marks D.C.’s largest income tax fraud recovery ever, according to officials. • The District of Columbia sued Saylor in August 2022. • Allegations: Saylor did not pay income taxes…