Day: January 16, 2025

Coinbase Launches Bitcoin-Backed Loans

In an effort to bridge traditional finance and decentralized finance (DeFi), Coinbase has unveiled a new loan service allowing users to borrow up to $100,000 in USD Coin (USDC) by pledging Bitcoin (BTC) as collateral. The service, powered by the Morpho Protocol on Coinbase’s Ethereum Layer 2 network, Base, is currently available to U.S. customers, […]

Paul Atkins’ SEC Leadership Sparks Optimism for Crypto

Ron Hammond of the Blockchain Association recently shared insights on the SEC’s future under incoming chair Paul Atkins during an interview with Tony Edwards of Thinking Crypto. Hammond expressed cautious optimism about Atkins’ potential impact on lingering crypto cases, such as the Ripple lawsuit, and the broader regulatory landscape. Ripple Case: A Quick Settlement? When […]

Dubai’s Crypto Tower: Bull Market or Peak Hype?

Is this a sign of peak bull market exuberance? Dubai has announced plans for a 17-story Crypto Tower designed to cater to the blockchain and Web3 ecosystem. With indulgent features like a gold bullion shop, an exotic car dealership, and a private networking club, the tower screams opulence and innovation. The tower will boast 150,000 […]