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Coinbase buys Deribit for $2.9B as Q1 profit falls 95%

A May 8 report showed that Coinbase generated revenue of $1.96B in the three months ending March 31, a 10% decline from Q4 2024's $ 2.2B revenue. The post Coinbase buys Deribit for $2.9B as Q1 profit falls 95% appeared first on CoinGeek. [...]

Fight over billions in damages over BSV delisting heats up

An appeal over how much BSV investors can recover from a group of crypto exchanges accused of unlawfully delisting BSV took place in the United Kingdom. The post Fight over billions in damages over BSV delisting heats up appeared first on CoinGeek. [...]

Africa runs risk of becoming ‘digital colony,’ expert warns

Moses Baiden, whose Margins Group produces Ghana’s national ID cards, says Africa must build its own digital infrastructure and stop depending on the West. The post Africa runs risk of becoming ‘digital colony,’ expert warns appeared first on CoinGeek. [...]

Food industry progress stifled by outdated tech: report

Meanwhile, a new report from legal technology company Legl has highlighted a growing trend among law firms embracing digital payment solutions. The post Food industry progress stifled by outdated tech: report appeared first on CoinGeek. [...]

China’s Beijing unveils 2-year DLT development action plan

The two-year initiative aims to increase funding for blockchain research, particularly in cryptography, confidential computing and distributed ledgers. The post China’s Beijing unveils 2-year DLT development action plan appeared first on CoinGeek. [...]

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