Coinbase CEO Aims to Transform Crypto Into a Full-Scale Banking Alternative
Coinbase chief executive Brian Armstrong has unveiled his company’s boldest ambition yet: to turn Coinbase into a crypto-powered “super app” capable of replacing traditional banks. In an interview with Fox Business, Armstrong explained that the exchange is preparing to roll out an all-in-one suite of financial services. These would include everything from payments and credit […]
Michael Saylor: Bitcoin Could Feel ‘Boring’ as Institutions Flood In
Bitcoin’s growing appeal among institutional investors might take away some of the excitement that retail traders are used to, according to MicroStrategy’s executive chairman Michael Saylor. Speaking with Natalie Brunell on the Coin Stories podcast released Friday, Saylor said the reduced volatility that comes with larger institutional participation could make Bitcoin feel less thrilling for […]
FTX Creditors to Receive $1.6B Payout Beginning September 30
The FTX Recovery Trust, which manages the assets of the collapsed crypto exchange, revealed plans for a fresh round of repayments totaling around $1.6 billion. This marks the third scheduled distribution since reimbursements began earlier this year. According to the announcement made Friday, payments will commence on September 30, with creditors expected to see the […]