United States-based cryptocurrency exchange, Coinbase Global Inc has officially filed with the Securities and Exchange Commission in a bid to go public. The filing confirms months of speculations about the company’s proposed Initial Public Offering (IPO) plans.
Author: Godfrey Benjamin
Godfrey Benjamin
Godfrey contributed to Blockchain Journal between 2020 and 2021, covering cryptocurrency markets and blockchain-related developments with a focus on technical analysis and market structure. His reporting examined price behavior, network activity, and on-chain signals to provide contextual insight into market dynamics.
Canadian-based digital bank, VersaBank has unveiled its plans to launch a stable digital currency dubbed the VCAD. Stablecoins are digital assets whose value does not change as much as other traditional virtual currencies such as Bitcoin (BTC), and Ethereum (ETH).
CoinShares, Europe’s largest digital asset investment house with over $4 billion in Assets Under Management (AUM) has announced the launch of its latest physically-backed Exchange Traded Product, CoinShares Physical Ethereum with the ticker symbol ‘ETHE’. As noted by the company, the CoinShares Physical Ethereum is the second related product launched on its institutional-grade ETP platform this year.
Jack Dorsey’s payment services firm Square Inc has made yet another dive at Bitcoin, purchasing as many as 3,318 BTC at a valuation of approximately $170 million. This brings Square Inc down as the latest US-based publicly listed firm to announce such a huge Bitcoin purchase following electric automaker, Tesla Inc earlier this month.
The long-drawn legal battle between the Tether, the blockchain firm involved in the development and issuance of the stablecoin, USDT, and its partner, Bitfinex with the New York Attorney General’s (NYAG) office has been brought to an end.
The founder of American-based software giant, Microsoft Incorporated, Bill Gates has extended a note of warning (or advice) to those in the cryptospace, particularly Bitcoin investors with fewer funds than Elon Musk, the billionaire Chief Executive Officer of electric vehicle maker, Tesla Inc.
India’s apex financial regulator, The Securities and Exchange Board of India (SEBI) is reportedly making moves that will ban private companies from holding Bitcoin (BTC) or any other cryptocurrency.
The $1.5 billion investment made by electric vehicle maker, Tesla Inc, to purchase Bitcoin (BTC) has reportedly yielded almost a billion-dollar return.
German multinational engineering and technology company, Bosch Global has announced its plans to collaborate with Fetch.ai, an open-source decentralized blockchain network to launch a fully functional blockchain network.
Austrian Financial Market Authority (FMA) has seen an increased number of whistleblower reports of potential fraud for the 2020 financial year. According to a Bloomberg report on the matter, the FMA is particularly concerned with cryptocurrencies, taking the larger percentage of the reported fraud cases.