Coinbase introduces crypto to Fortune 500 while FTX CEO featured in TIME 100

Coinbase introduces crypto to Fortune 500 while FTX CEO featured in TIME 100

U.S.-based crypto exchange Coinbase ranked 437th on the elusive Fortune leaderboard, while Sam Bankman-Fried was highlighted by TIME magazine in the innovation category. In an industry milestone, cryptocurrency exchange Coinbase has become the first corporation within the crypto and blockchain space to be featured on the prominent Fortune 500 list.A 68-year-old annual tradition, the Fortune 500 list is synonymous with ranking the leading corporations in the United States by total revenue, as well as other quantifiable metrics such as percentage profit margins, assets and the number of....

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What Would You Buy With 30,000 Bitcoins?

So, the US Marshals are auctioning off 30,000 BTC. In 2009, that wouldn't have been worth very much, but at the time of writing, CoinDesk's Bitcoin Price Index puts that at a cool $17,610,000. It's a tiny fraction of the overall number of bitcoins in circulation, but here at CoinDesk, we certainly wouldn't turn it down. What could you spend it on? Here are a few ideas. A little over one-sixth of David Siegel's house. David Siegel is the billionaire owner of Westgate Resorts Ltd, the largest privately-held timeshare company in the world. His 15-bedroom, 30-bathroom home was featured on the....