Coinbase (COIN) shares surge after earnings

Monitors display Coinbase signage during the company’s initial public offering at the Nasdaq MarketSite in New York on April 14, 2021. Michael Nagle | Bloomberg | Getty Images Shares of cryptocurrency exchange Coinbase soared 15% Friday in U.S. trading after the company reported its first profit in two years. Coinbase, the largest U.S. venue for … Read more

Is the Coin Flip Really Fifty-Fifty?

A coin flip is the quintessence of fifty-fifty chance, but a large group of researchers recently overturned its equitable reputation. Recording a painstaking 350,000+ coin flips by hand, they found that almost 51% of tosses land with the same side facing upward as before the flip (i.e. if the coin shows heads at the start … Read more

Bitcoin ATM company Coin Cloud got hacked. Even its new owners don’t know how

In November, the cybersecurity collective vx-underground wrote on X, formerly Twitter, that unknown hackers were claiming to have breached Coin Cloud, a bankrupt Bitcoin ATM company. According to vx-underground, the hackers claimed to have stolen 70,000 pictures of customers taken from cameras embedded in the ATMs, as well as the personal data of 300,000 customers, … Read more

The Dow missed its 14th straight achieve — A coin flip may have executed that

Merchants work the ground of the New York Inventory Change on July 25, 2023, in New York Metropolis.  Angela Weiss | AFP | Getty Pictures The Dow Jones Industrial Common closed unfavourable on Thursday, breaking a 13-day win streak by which the blue-chip index gained 5.3%. It additionally missed the chance to tie its longest … Read more

The Not-So-Refined Artwork of the Meme Coin | WIRED

This dynamic creates an ethical quandary. Darrien Justice, neighborhood supervisor for Garlicoin, one other joke token, says he would by no means advocate anybody buy a meme coin as an funding—together with his neighborhood’s personal—for exactly this purpose. “The common buyers are completely the exit liquidity, however they don’t fairly perceive that,” he says. “I … Read more