A shareholder lawsuit filed this week alleges that Coinbase Chief Executive Brian Armstrong and eight other executives and board members withheld material information about the crypto exchange’s performance from its public-offering filing.
The executives failed to disclose that Coinbase could poten
It posts a fifth straight quarter of losses as individual investor enthusiasm for crypto trading on the platform remains stagnant, but tops analysts’ expectations.
Tether Holdings, the company behind the world’s largest stablecoin, reported a first-quarter net profit of $1.5 billion, more than double what it earned in the previous quarter
Blockchain company Ripple agreed to buy Swiss-based crypto custody provider Metaco in a cash-and-stock deal valued at $250 million.
The deal allows Ripple—which markets itself as a payments-focused crypto firm—to expand into the institutional [crypto custody](https://www.wsj/articles/heres-what
The market cap of tether—the world’s largest stablecoin—has surpassed its all-time high set in May of last year as rival tokens continued to lose market share.
Tether’s market value stood at about $83.23 billion as of Thursday morning, slightly above its previous peak value of $83.16 billion on May