Reddit meme-inspired Taproot Wizards raises $7.5M

Bitcoin, often referred to as the grandfather of crypto, is not always recognized for its innovation or pushing the envelope. However, Taproot Wizards, a Bitcoin-focused project inspired by the original Bitcoin wizard Reddit meme, is striving to change the perception of the blockchain. The project has secured $7.5 million in a funding round led by … Read more

Crypto enforcement makes a firm stand in 2023, with no signs of softening in 2024

The past year has been quite eventful for the crypto industry. From funding shortages to the public spectacle of the SBF saga, the industry and its supporters endured a tumultuous year, marked by crypto price volatility akin to London’s unpredictable weather in April. Regulation of crypto and its enforcement took center stage in the industry’s … Read more

Coinbase’s Q3 Revenue Exceeds Expectations, Shares Decline on Growth Concerns

Coinbase, the second-largest cryptocurrency exchange by trading volume, unveiled its Q3 2023 earnings on Thursday. In response, the company’s stock dropped approximately 5.5% in after-hours trading. In Q3 2023, Coinbase recorded total revenue of $674 million, a slight decrease from the previous quarter’s $707.9 million. The company’s net revenue was $623 million, down 6% from … Read more