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4 Feb 2026, 11:15
Binance Assets Command Staggering $155.6 Billion Lead in Cryptocurrency Exchange Dominance
BitcoinWorld Binance Assets Command Staggering $155.6 Billion Lead in Cryptocurrency Exchange Dominance In a definitive display of market leadership, Binance holds a commanding $155.64 billion in user assets, solidifying its position as the world’s preeminent cryptocurrency exchange by reserves as of last month. This staggering figure, reported by Wu Blockchain citing CoinMarketCap data, not only underscores the platform’s massive scale but also highlights a significant concentration of capital within the digital asset ecosystem. The data reveals a deep reservoir of trust and liquidity, with nearly a third of the total held in stablecoins and another substantial portion in Bitcoin, painting a clear picture of the current exchange landscape. Binance Assets Reveal Unmatched Market Scale The latest exchange reserve data provides a transparent, quantifiable snapshot of institutional and retail capital allocation. Binance’s total of $155.64 billion in assets held represents a colossal sum that dwarfs its closest competitors. A detailed breakdown shows the composition of these reserves is as critical as the total. Specifically, $47.47 billion resides in various stablecoins, primarily USDT and USDC, which traders use for swift movements between volatile cryptocurrencies. Furthermore, a monumental $49.84 billion is held in Bitcoin (BTC), representing one of the largest single-entity BTC treasuries globally. This distribution signals robust trading activity and a strong custodial role for the world’s premier digital asset. Industry analysts often scrutinize these reserve figures as a key health metric for exchanges. High and verifiable reserves correlate strongly with user confidence, operational stability, and liquidity depth. Consequently, this data directly impacts market perceptions. For instance, exchanges with substantial reserves can better handle large withdrawal requests during volatile periods, thereby reducing systemic risk. The publication of this data follows a broader industry push for greater transparency after several high-profile collapses shook investor trust in previous years. Major Exchange Rankings and Competitive Landscape The competitive gap illustrated by the CoinMarketCap rankings is profound. Following Binance, OKX secures a distant second place with $31.29 billion in assets held. This figure, while significant, is approximately one-fifth the size of Binance’s reserves. Bybit follows in third position with $14.17 billion, demonstrating its growth as a major derivatives and spot trading platform. Meanwhile, Gate.io and HTX (formerly Huobi) hold $7.86 billion and $6.92 billion, respectively. This hierarchy establishes a clear tier system within the global exchange market. To visualize the disparity, consider the following comparison of major exchange assets: Binance: $155.64 Billion OKX: $31.29 Billion Bybit: $14.17 Billion Gate.io: $7.86 Billion HTX: $6.92 Billion The collective assets of the next four largest exchanges combined still fall short of Binance’s total. This concentration raises important discussions about market centralization, counterparty risk, and the evolving regulatory scrutiny facing dominant platforms. However, it also reflects Binance’s first-mover advantage, extensive product suite, and vast global user base, which continue to attract capital. Expert Analysis on Reserve Transparency and Market Impact Financial technology experts emphasize that transparent reporting of exchange assets is a relatively new but crucial development. After the FTX collapse in 2022, which was precipitated by a fatal mismatch between liabilities and actual reserves, the entire industry faced intense pressure to prove solvency. Many exchanges, including Binance, began publishing Proof-of-Reserves (PoR) reports and supporting on-chain verification tools. The data cited by Wu Blockchain aligns with this trend toward verifiable accountability. Market strategists note that the high proportion of stablecoins and Bitcoin on Binance has specific implications. The $47.47 billion in stablecoins acts as a massive liquidity pool, facilitating efficient price discovery and reducing slippage for large trades across thousands of trading pairs. Simultaneously, holding $49.84 billion in Bitcoin effectively makes Binance a colossal node in the Bitcoin network, influencing liquidity in BTC markets globally. This scale grants the exchange significant influence over market mechanics, from derivatives funding rates to spot price stability during high volatility. The Broader Context of Crypto Exchange Evolution The journey to this point involved significant evolution. Early cryptocurrency exchanges operated with minimal transparency, often acting as opaque black boxes. The modern era, particularly post-2022, demands a higher standard. Regulatory bodies in jurisdictions like the European Union, with its Markets in Crypto-Assets (MiCA) framework, and the United Kingdom are now mandating strict reserve custody and reporting requirements. Exchanges leading in transparent asset reporting are proactively adapting to this new regulatory reality, which may become a baseline for operational licensing. Furthermore, the geographic distribution of these assets is noteworthy. While Binance serves a global audience, its competitors often have strong regional footholds. OKX has a substantial user base in Asia, while Bybit has captured significant market share among professional derivatives traders. Gate.io and HTX also maintain strong regional presences. This landscape suggests that while Binance enjoys global dominance, regional challengers continue to thrive by catering to specific market niches and regulatory environments. The diversity of the ranking indicates a maturing, albeit uneven, global market structure. Conclusion Binance’s commanding lead in assets held, totaling $155.6 billion, firmly establishes its dominance in the cryptocurrency exchange sector. The detailed composition, featuring nearly $50 billion in Bitcoin and a similar magnitude in stablecoins, highlights its dual role as a massive trading hub and a key custodian of value within the digital asset ecosystem. This data, reflecting the state of the market as of last month, provides critical insight into capital concentration, platform trust, and the ongoing industry shift toward transparency and verifiable reserves. As the market evolves, these asset figures will remain a primary gauge of exchange health, user confidence, and competitive standing. FAQs Q1: What does “assets held” mean for a cryptocurrency exchange? A1: “Assets held” refers to the total value of cryptocurrencies and stablecoins that an exchange custodies on behalf of its users. It represents customer funds held in the exchange’s wallets, not the company’s own capital. Transparent reporting of these assets is a key metric for proving solvency and building trust. Q2: Why is the amount of stablecoins on an exchange important? A2: A large stablecoin reserve, like Binance’s $47.47 billion, indicates deep liquidity. It allows users to enter and exit positions in volatile cryptocurrencies quickly and with minimal price impact. It also shows the exchange is a central hub for trading activity and capital movement. Q3: How does Binance’s Bitcoin holding compare to other large entities? A3: Binance’s $49.84 billion Bitcoin holding is among the largest in the world. It is comparable to the BTC treasuries of major corporate holders and nation-states. This scale means Binance’s operational actions, like moving funds, can be observed on-chain and may influence market sentiment. Q4: What is the significance of CoinMarketCap publishing this data? A4: CoinMarketCap, as a major industry data aggregator, provides a neutral, third-party source for comparing exchange reserves. This helps standardize reporting and allows users and analysts to make informed comparisons between platforms, promoting transparency across the industry. Q5: Could this level of asset concentration pose a risk to the crypto market? A5: While concentration indicates strength for Binance, it also introduces systemic considerations. A technical or operational issue at a single entity holding such a large share of user assets could have widespread market repercussions. This is why regulators emphasize robust risk management and why the growth of competing exchanges is vital for a healthy ecosystem. This post Binance Assets Command Staggering $155.6 Billion Lead in Cryptocurrency Exchange Dominance first appeared on BitcoinWorld .
4 Feb 2026, 11:12
LiquidChain ($LIQUID) Unlocks Unified Liquidity as Kraken Parent Reports Revenue Jump
The digital asset landscape is undergoing a massive shift from speculative trading to structural maturity, a move underscored by the latest financial results from Payward Inc. (the parent company of Kraken). On February 3, 2026, Payward reported a staggering $2.2B in adjusted revenue for 2025, marking a 33% year-over-year increase. More importantly, the data reveals a sea change in how capital is moving: while trading volume surged 34% to hit $2T, more than half of the company’s revenue (53%) now comes from non-trading services like custody, payments, and financing. This revenue surge highlights a critical bottleneck in the current market. As institutional giants and retail traders alike pile into the ‘Big Three’, Bitcoin, Ethereum, and Solana, they are finding their capital trapped in isolated silos. Payward’s growth was largely fueled by its role as a ‘unified infrastructure layer’ for its subsidiaries, yet the decentralized world remains fractured. Moving assets between Bitcoin’s security, Ethereum’s DeFi depth, and Solana’s execution speed still relies on clunky, high-risk bridges that create friction for the 5.7M funded accounts now active on platforms like Kraken. The market message is clear; the next step needs to be about providing a layer that can unify this fragmented liquidity. For the DeFi ecosystem to scale alongside traditional finance, it requires a decentralized equivalent to the unified systems used by major exchanges. It needs a unified solution that brings liquidity to one place – enter LiquidChain ($LIQUID) . Beyond Bridges: The LiquidChain ($LIQUID) Interoperability Revolution LiquidChain ($LIQUID) isn’t just another blockchain; it’s a specialized execution environment designed to collapse the distance between fragmented networks. While traditional Layer 2s focus on scaling a single chain, LiquidChain operates as a Layer 3 ‘Super-Hub’ that pulls Bitcoin’s massive store of value and Solana’s ultra-fast transaction speeds directly into Ethereum’s vibrant DeFi ecosystem. By implementing a Parallel Execution Engine, LiquidChain allows users to trigger trades that settle across multiple chains simultaneously. This removes the ‘wait time’ usually associated with cross-chain movement. Developers can now build applications that tap into the liquidity of all three major networks at once, without forcing users to manage multiple wallets or navigate complex gas fee structures for three different chains. With over $524K raise so far in its presale, the market is quickly realizing that $LIQUID is building the “highway system” that makes the rest of the crypto economy functional. At the current entry price of $0.0135, early adopters are positioning themselves at the core of this new architectural standard. BE PART OF UNIFYING LIQUIDITY -GET YOUR $LIQUID NOW 2026 Roadmap: Scaling Global Liquidity and Staking Incentives The $LIQUID vision for 2026 is centered on radical accessibility. To ensure the network has the deep pools necessary for institutional-grade trades, LiquidChain has introduced a dynamic staking protocol. Early supporters can access impressive staking rewards currently at 1965%, a rate specifically calculated to attract the ‘Liquidity Providers’ needed to fuel the Layer 3 engine. $LIQUID’s tokenomics are built for long-term dominance rather than short-term hype: Infrastructure Fund (35%) : Reserved for maintaining the cross-chain proof validators. Global Outreach & Labs (32.5%): Focused on onboarding the next generation of cross-chain dApps. Security & Audits: Continuous rigorous testing to ensure the ‘bridge-less’ architecture remains the safest way to move value. As Payward’s record revenues prove that the crypto audience is growing at an exponential rate, the demand for a unified execution layer becomes undeniable. LiquidChain is moving toward its Token Generation Event (TGE) with a clear mandate: stop the fragmentation and start the unification. SECURE YOUR PLACE IN THE $LIQUID PRESALE This article is not intended as financial advice and should not be treated as such. Crypto is a volatile investment. Always do your own research before committing any capital.
4 Feb 2026, 11:08
Binance Strengthens Crypto Security and Asset Protection in 2025
Binance revealed its 2025 security and asset protection efforts publicly. The company facilitated $48 million recovery in misplaced funds and promoted fraud prevention. Continue Reading: Binance Strengthens Crypto Security and Asset Protection in 2025 The post Binance Strengthens Crypto Security and Asset Protection in 2025 appeared first on COINTURK NEWS .
4 Feb 2026, 11:02
Binance Conducts Second Mammoth Bitcoin Transfer to SAFU Fund: Details
Another massive amount of Bitcoin has landed in Binance's SAFU cryptocurrency fund.
4 Feb 2026, 10:48
Bonk price prediction 2026-2032: How high will Bonk go?
Key takeaways : Bonk price prediction for 2026 anticipates a maximum price of $0.00001265. Our Bonk price prediction for 2028 anticipates a price range of $0.00002248 to $0.0000267. In 2032, we expect the Bonk price to reach a maximum of $0.0000548 with an average of $0.0000527. Bonk (BONK) is a crypto token built on the Solana blockchain, much like DOGE, WIF, or SHIB. Bonk is a digital asset that can be traded on a number of online platforms, such as Binance, KuCoin, Kraken, MEXC, CoinEx, OKX, gate.io, and Bybit. Bonk has a maximum supply of 88.87 trillion. It is important to note that 87.99 trillion BONK are already in circulation. Interestingly, despite being a meme coin, Bonk’s supply is tied to its burning process to appreciate its value. The token became popular in 2022 after an airdrop to the Solana community. Despite its popularity and appeal, Bonk is highly volatile, and wild swings in its price action are routine. Along with being a meme coin, the Bonk ecosystem is far more diverse. Several projects built around Bonk also increase its utility prospects, which makes it a popular choice among traders and is also considered the primary trigger behind its 2024 bull run. Bonk Swap, Bonk Rewards, and Bonk BOT are the main features of the Bonk network that also drive Bonk’s price. How will the utility of the Bonk ecosystem influence the value of the coin? Will BONK scale new heights? How high will BONK go in 2026? Let’s get into the BONK price prediction for 2026 and beyond. Overview Cryptocurrency Bonk Token BONK Price $0.00000684 (-4.33) Market Cap $606.21M Trading Volume (24-hour) $87.96M Circulating Supply 87.99T BONK All-time High $0.00005916 Nov 20, 2024 All-time Low $0.00000008614 Dec 29, 2022 24-h High $0.000007311 24-h Low $0.000006833 Bonk price prediction: Technical analysis Metric Value Price Volatility 14.28% 50-Day SMA $0.0000009105 14-Day RSI 32.91 Market Sentiment Bearish Fear & Greed Index 17 (Extreme Fear) Green Days 10/30 (33%) 200-Day SMA $0.00001625 Bonk price analysis: Bonk finds resistance at $0.00000715 TL;DR Breakdown : BONK price analysis confirms a downward trend toward $0.00000684. The coin has decreased by up to 4.33% over the last 24 hours. BONK’s key support sits at $0.00000656. On February 3, 2026, Bonk’s price analysis indicates that the trend is in the negative direction as sellers regain control. The memecoin decreased to $0.00000684 after finding resistance around the $0.00000715 level. BONK is down 4.33% in the last 24 hours, signaling bearish momentum and decreasing hopes for bullish traders as the memecoin sheds its recent gains. Bonk 1-day price chart analysis The 1-day BONK price analysis indicates a downtrend. This movement suggests a bearish trend as selling activity dominates buying activity. The chances of reversal still seem low in the face of the larger downtrend. The area between the upper and lower bands of the Bollinger Bands indicator shows the intensity of volatility. As the bands are expanded, this signals increased volatility. The upper limit of the Bollinger Bands indicator, serving as the resistance band, is at $0.00001091. Its lower limit, acting as the support, is around $0.00000656. BONK/USD 1-day price chart. Source: TradingView The Relative Strength Index (RSI) indicator is in the oversold region. The indicator’s value is 29, and its curve is descending. The downward movement of the RSI confirms a negative market sentiment. Moreover, considering the larger downtrend, this marks instability in the trading atmosphere after the return of the selling pressure. BONK/USD 4-hour price chart analysis The 4-hour price chart for BONK also presents a bearish scenario of the market events. The BONK/USD pair value decreased to $0.00000684. The selling activities remained quite intense compared to the buying activities during the day, as the trend remained bearish in the past few hours. This suggests a discouraging signal for investors waiting for price improvement. Volatility is decreasing and is on the lower end, which confirms higher market predictability. Moving ahead, the upper boundary of the Bollinger Bands indicator is at $0.00000737, confirming the resistance threshold. Conversely, the lower boundary of the Bollinger Bands indicator is at $0.00000688, indicating a breached support. BONK/USD 4-hour price chart. Source: TradingView The RSI is trending downward as the token nears the oversold threshold. In the past four hours, its value has decreased to 32. This signals rising selling momentum as buyers lose confidence. The RSI value can move further down into the oversold region if the bears keep trending by the next trading session. Bonk technical indicators: Levels and action Daily simple moving average (SMA) Period Value ($) Action SMA 3 0.000009065 SELL SMA 5 0.000007914 SELL SMA 10 0.000007764 SELL SMA 21 0.000008859 SELL SMA 50 0.000009105 SELL SMA 100 0.00001022 SELL SMA 200 0.00001625 SELL Daily exponential moving average (EMA) Period Value ($) Action EMA 3 0.000009347 SELL EMA 5 0.000009804 SELL EMA 10 0.000009802 SELL EMA 21 0.000009414 SELL EMA 50 0.000009841 SELL EMA 100 0.00001196 SELL EMA 200 0.00001495 SELL What to expect from Bonk price analysis? Bonk price analysis predicts a bearish outcome regarding the ongoing market events. The coin’s value has descended to $0.00000684, as a downturn was recorded today. Moreover, the overall market sentiment remained negative. Technical indicators support the bears, and the price charts also favor the sellers for today. Is Bonk a good investment? After its launch in December 2022, Bonk quickly gained traction. Being on the Solana blockchain triggered a surge in SOL’s price due to Bonk’s unique distribution strategy. Bonk is a meme coin, but it has numerous side projects that enhance its usability and make it more valuable than a mere dog meme coin. It is expected that by 2032, Bonk will approach $0.0000548, making it a worthwhile investment tool. However, it is advised to do your own research and consult expert opinion before investing in the highly volatile meme coin market and lay out a proper investment strategy according to your risk appetite. Why is Bonk down? BONK is experiencing further correction as stakeholders start selling again. Resistance still exists at $0.00000803 and is expected to hold over the next trading sessions. Will Bonk reach $0.000045? Bonk’s strongest current resistance level is $0.00001038. Over the last few weeks, BONK saw a downtrend below this level. Bonk may not break above this level in the short term, but according to market speculation, it will reach $0.000045 by 2031, which is quite higher than the current price. Will Bonk reach $1? According to the Bonk price prediction, Bonk may not achieve the $1 level in the coming future. It will take considerable time and significant growth in the coin’s market cap to reach $1, which seems impossible as of now, considering BONK’s current value. Does Bonk have a good long-term Future? Bonk has garnered much attention from investors with its community-driven value. However, analysts do not share the same sentiment and are divided in their views on the crypto pair. This is true to an extent, as after its initial surge, sustaining the momentum has proved a challenge for Bonk. However, analysts are optimistic about BONK, and some suggest long-term targets of $0.0000548, which makes it a viable option to buy Bonk tokens. Recent news/opinions on Bonk Bonk has announced ‘BONKuary,’ a month-long celebration and marketing campaign held every February on Solana. As part of the event, $100,000 in prize money will be awarded to the top 20 PnL traders, with first place taking home $25,000. https://twitter.com/BONK_trade/status/2018021596321988783 Bonk price prediction February 2026 The current Bonk price prediction for February 2026 is a minimum value of $0.00000475 and an average price of $0.00000873. The price could reach a maximum of $0.00001123 during the month. Month Potential Low Potential Average Potential High February 2026 $0.00000475 $0.00000873 $0.00001123 Bonk price prediction 2026 The Bonk price prediction for 2026 is a minimum value of $0.00000414 and an average price of $0.00001054. The price could reach a maximum of $0.00001265 during the year. Year Potential Low Potential Average Potential High 2026 $0.00000414 $0.00001054 $0.00001265 Bonk price predictions 2027-2032 Year Minimum Price Average Price Maximum Price 2027 $0.00001546 $0.00001757 $0.00001967 2028 $0.00002248 $0.00002459 $0.0000267 2029 $0.00002951 $0.00003162 $0.00003373 2030 $0.00003654 $0.00003864 $0.00004075 2031 $0.00004356 $0.00004567 $0.00004778 2032 $0.00005059 $0.0000527 $0.0000548 Bonk price prediction 2027 The Bonk price forecast for 2027 suggests BONK cryptocurrency could reach a minimum price of $0.00001546 and an average price of $0.00001757. BONK coin is estimated to reach a maximum price of $0.00001967. Bonk price prediction 2028 Bonk coin price forecast for 2028 estimates a minimum value of $0.00002248 and an average trading price of $0.00002459. The maximum price forecast for 2028 is $0.0000267. Bonk price prediction 2029 The Bonk forecast for 2029 predicts that the price of 1 BONK will reach a minimum of $0.00002951. The BONK price can reach a maximum level of $0.00003373, with an average price of $0.00003162 throughout 2029. Bonk price prediction 2030 The Bonk price prediction for 2030 estimates that BONK will attain a minimum value of $0.00003654, an average price of $0.00003864, and a maximum price of $0.00004075. Bonk price prediction 2031 According to the Bonk price forecast for 2031, BONK is predicted to reach a minimum price of $0.00004356 and an average price of $0.00004567 throughout 2031. The maximum forecasted BONK price for 2031 is $0.00004778. Bonk price prediction 2032 The Bonk price forecast for 2032 is for BONK to trade at a minimum price of $0.00005059 and an average price of $0.0000527. The maximum forecast price for 2032 is $0.0000548. Bonk price prediction 2026-2032. Source: Cryptopolitan Bonk market price prediction: Analysts’ BONK price forecast Firm Name 2026 2027 Coincodex $0.00001643 $0.000009426 Digitalcoinprice $0.0000151 $0.0000108 Cryptopolitan’s Bonk (BONK) price prediction Our forecast indicates that Bonk will reach a high price of $0.00001265 by the end of 2026. In 2027, the Bonk price is expected to range between $0.00001546 and $0.00001967. In 2032, the cryptocurrency is expected to range between $0.00005059 and $0.0000548, with an average price of $0.0000527. It is essential to note that the predictions do not constitute investment advice. Professional consultation is suggested, or one should do their own research. Bonk historic price sentiment Bonk price history. Source: Coingecko In December 2022, Bonk was launched with an opening price of $0.0000001487 and made history by making a surge of more than 30% in SOL tokens. Bonk cryptocurrency quickly climbed into the top 100 by market cap, reaching $0.0000034 per coin on January 5, 2023, giving a bullish outlook according to crypto market records. However, by March 2023, the price of the Bonk token had fallen from $0.0000004134, losing substantial value. In June 2023, Bonk’s price did not experience much action, and it gradually decreased to $0.0000001927 in September 2023. In October 2023, Bonk started to see bullish sentiment, with the price reaching $0.0000005518, which eventually reached $0.00002445 on December 15, 2023, as the market trends were on the positive side. Bonk closed 2023 with a price tag of $0.00001407, significantly higher than the price at the start of the year but almost 50% down from the highest price point of 2023. Bonk hit key highs in 2024, when the price of BONK rose to $0.00003771 in March and an all-time high of $0.00004115 in May, before dipping to $0.0000223 in August. A late-year rally peaked at $0.00005825 in November, with the token closing 2024 at $0.00003043. At the start of January 2025, Bonk was trading at $0.00002976, and after further depreciation, it plunged to $0.000018 by February, as the market sentiment turned negative. In March, the token dipped to $0.00000959, but it recovered to $0.0000122 in April and $0.000021 in May as Bonk demand increased. In June, Bonk corrected down to $0.00001201, but in July 2025, it became bullish again and reached $0.00004072. In the middle of August, BONK was trending near $0.00002374, and at the start of October, Bonk was trading near $0.00002056. In November, Bonk traded between $0.00000847 – $0.00001379, and at the start of December, the coin was trading between $0.000009769 – $0.00001015. As 2026 started, BONK was trending near the $0.00000910 range, but in February, it slightly decreased to the $0.0000068 level.
4 Feb 2026, 10:22
Emails indicate Coinbase founders were aware of Epstein funding
Documents released by federal authorities reveal that convicted sex offender Jeffrey Epstein placed a substantial sum into the cryptocurrency platform Coinbase nearly a decade ago, with correspondence suggesting the company’s top executives were informed about who was behind the money. The U.S. Justice Department made public a collection of emails on Friday that detail how Epstein put $3 million into the digital currency exchange in December 2014. The deal came through connections with Brock Pierce, who helped create Tether, and his investment company, Blockchain Capital. Company executives were aware o f in vestor’s identity A spokesperson for Blockchain Capital confirme d Pi erce had discussions with Epstein about raising funds that year. During those talks, the chance to put money into Coinbase’s Series C funding came up through email exchanges . The representative explained that while a fund investment never went through, Epstein decided to invest on his own through a company he controlled called IGO Company LLC. The $3 million went directly into Coinbase’s Series C round. Blockchain Capital said they cannot explain why Epstein chose to invest in Coinbase. The email records show that Fred Ehrsam , who started Coinbase alongside another founder, personally knew the investment was coming from Epstein. In a message dated December 3, 2014, Ehrsam requested a meeting with Epstein in New York to talk about the arrangement. “I have a gap between noon and 3pm today, but again, not crucial for me, but would be nice to meet him if convenient,” Ehrsam wrote in the email. “Is it important for him?” That same day, Brad Stephens, who co-founded Blockchain Capital, sent Ehrsam an email saying they could proceed with the investment. Right after, Coinbase’s banking information for wire transfers went to Stephens, who then passed it along to Darren Indyke, who worked as Epstein’s executive assistant. However, Blockchain Capital maintain s th e investment through their fund “was never consummated.” The company stated clearly that Epstein never became an investor in any of their funds. A financial document listing what Epstein owned at the close of 2014, also made public by the Justice Department on Friday, includes a $3,001,000 “purchase of Coinbase.” This entry connects to the same company, IGO Company, that appears in emails between Epstein’s assistant and Blockchain Capital about buying Coinbase shares. The correspondence indicate s th e investment happened when Coinbase was valued at $400 million. The company’s current worth stands at roughly $51 billion. Epstein’s early stake in Coinbase occurred more than six years after a Florida state court found him guilty in 2008 of procuring a child for prostitution and soliciting a prostitute. Starting in 2008, Epstein had to register as a sex offender. Before deciding to invest in Coinbase during 2014, Epstein appears to have sought guidance from Pierce and also from Reid Hoffman, who founded LinkedIn. Pierce described the funding round that Epstein joined as “the most platinum-plated deal in the space.” When Epstein contacted Hoffman asking “how hard” he should participate in the Coinbase funding round, Hoffman responded that he lacked detailed knowledge about the company’s internal operations. “I probably wouldn’t play,” Hoffman wrote to Epstein. “But I may not be up-to-date on interesting internal news.” More emails release d Fr iday showe d Ep stein also placed money into Blockstream, another early cryptocurrency company. Adam Back, who co-founded Blockstream and contributed to Bitcoin’s early development, confirmed the 2014 investment in a post on X on Sunday . Investment grew before partial sale in 2018 Four years later in 2018, Epstein sold half of his Coinbase shares back to Blockchain Capital, according to additional emails. At that point, Coinbase’s value had grown into the billions. Epstein received nearly $15 million for half of his original $3 million investment and kept the remaining half of his shares. The financier was discovered dead in a Manhattan jail cell less than two years after that sale while he awaited trial on sex trafficking charges. Join a premium crypto trading community free for 30 days - normally $100/mo.
