Coinbase, the biggest U.S. crypto exchange, reported first-quarter revenue of $1.4 billion, down 31% from a year ago amid a crypto market downturn. Shares fell 5% in after-hour trading.…
Banking trade groups said the proposed language on stablecoin yield in the crypto bill, the Clarity Act, “falls short of” addressing their concerns around the risk of deposit flight, suggesting they are not yet satisfied with the bill.…
Meta is launching stablecoin payouts for creators, using Stripe as its payment provider, according to its webpage. Meta is offering Circle’s stablecoin on the Solana and Polygon blockchain to pay out creators, starting with those in Colombia and…
Robinhood shares fell more than 6% in after-market trading after reporting a 47% plunge in crypto trading revenue from a year ago. Despite the slump, record volumes in prediction markets lifted Robinhood’s total revenue 15% to $1.07 billion.…
