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Coinbase CEO says trading revenue has fallen to ‘roughly half’ what it was last year

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The cryptocurrency exchange had previously reported that it expected losses of $500 million this year amid the bear market.

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Coin Market

Coinbase rolls out UK crypto-backed loans as FCA shapes rules

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Coinbase launched USDC loans for UK users backed by BTC, ETH and cbETH, expanding its borrowing product as Britain moves toward a crypto regulatory regime.

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Coin Market

How Mastercard plans to settle card payments with stablecoins

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Mastercard is testing stablecoin settlement with SoFiUSD to speed up card transaction clearing and help bridge traditional finance and blockchain.

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Coin Market

LayerZero says Kelp setup caused exploit, as Aave loss questions mount

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LayerZero said that Kelp’s DVN setup caused the $290 million exploit, as investors questioned which protocol would step up to cover the shortfall.

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