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Coinbase was aware of securities law violations, the SEC claims in letter
8.7.2023
According to the SEC, Coinbase recognized the probability that federal securities laws would apply to its operations, openly informing its shareholders about the risk
SEC: Coinbase Knew About Potential Securities Law Breaches
8.7.2023
The US Securities and Exchange Commission has claimed that Coinbase was aware of a potential securities breach when it listed some cryptocurrencies.
In a recent filing, lawyers for the SEC slammed Coinbase's argument that it was not aware of violating securities laws, noting that the largest...
Bitcoin is Top Target, Exchange Heads are Summoned, Ban is Enforced and 20 Crypto Jokes
8.7.2023
Read More: Bitcoin is Top Target, Exchange Heads are Summoned, Ban is Enforced and 20 Crypto Jokes
Pop Icon Taylor Swift Signed $100M Deal With Crypto Exchange FTX, New Reports Claim
8.7.2023
Taylor Swift, a pop icon and 12-time Grammy Award winner, did sign an agreement with bankrupt cryptocurrency exchange FTX, new reports claim. However, FTX executives reportedly convinced former FTX CEO Sam Bankman-Fried (SBF) to reconsider and abandon the $100-million deal with Swift. Taylor Swift...
Coinbase domain name reportedly used by scammers in high-profile attacks
7.7.2023
Twitter users have been sharing security incidents surrounding the crypto exchange, including claims that scammers are using Coinbase's domain name on attacks
BlackRock CEO’s Turnabout on Bitcoin Elicits Cheers, Skepticism of Crypto Cred
7.7.2023
BlackRock CEO Larry Fink's change of heart on bitcoin could make it easier for fellow Wall Street executives to embrace cryptocurrencies, but experts warn that his favored financial instrument – the exchange-traded fund, or ETF – is an investment vehicle that's categorically different from the core...
Binance Feels Strain of World’s Regulators Leaping Into Action
7.7.2023
Australian officials directly sought out current and former employees of Binance’s operation there this week, demanding copies of internal communications and data from their personal devices, according to a person familiar with the government’s move against the leading crypto exchange, which marked...
Binance’s regulated digital asset platform now live in Kazakhstan
7.7.2023
Binance recently announced the launch of its regulated digital asset platform in Kazakhstan. The renowned exchange earned its license from the AIFC Financial Services Authority back in 2022. With the license, Binance has earned the right to offer its custodial and trading services in the region....
Nigerian crypto tax move is ‘premature’ – local stakeholders
7.7.2023
Industry stakeholders seek clarity regarding the implications of taxation and its connection to the recognition of cryptocurrency and associated procedures
Blackrock Seeks to Democratize Crypto — CEO Says Bitcoin Can Hedge Against Inflation, Currency Devaluation
7.7.2023
Larry Fink, the CEO of the world’s largest asset manager, Blackrock, says bitcoin is an international asset and crypto can be used instead of gold to hedge against inflation, the onerous problems of any country, as well as currency devaluation. Blackrock, which has a near-perfect track...
Binance refers users to Coinmerce as exchange exits the Netherlands
6.7.2023
A reported “hundreds of thousands” of Binance users based in the Netherlands will have the opportunity to move their assets to Coinmerce for free as the exchange winds down
Sam Bankman-Fried backed out of FTX sponsorship deal with Taylor Swift: Report
6.7.2023
The report contradicts the narrative from many media outlets that Taylor Swift’s team had done its due diligence in considering the FTX deal before pulling out
Florida's Financial Regulator Accuse Bittrex Exchange for Violating Several State Laws Before Filing for Bankruptcy
6.7.2023
Bittrex cryptocurrency exchange which filed for Chapter 11 bankruptcy on May 8 in the US state of Delaware, is now accused of violating several laws in the state of Florida.
Florida’s financial regulator has filed a case against the exchange accusing it of violating multiple state laws, prior...
Bittrex may still face enforcement action in Florida amid bankruptcy
6.7.2023
A filing in bankruptcy court from Florida's Office of Financial Regulation suggested the regulator still had the “administrative discretion” to charge Bittrex
Namibia passes bill to regulate crypto and virtual assets
6.7.2023
The purpose of the legislation is to establish a framework for licensing and regulating virtual asset service providers
Binance CEO: Exchange Gearing Up for Increased Crypto Trading Volumes – Here's Why
6.7.2023
Binance, the world’s largest crypto exchange, is doing “a lot of preparation” to be ready for increased trading volumes over the coming months, CEO Changpeng Zhao (CZ) has said.
Speaking in an AMA (“ask me anything”) session on Twitter Spaces on Wednesday, CZ said that if history is a guide...
Coinbase CLO Paul Grewal: SEC’s Interpretation of ‘Investment Contract’ Violates Law
6.7.2023
Paul Grewal, CLO of Coinbase, one of the largest U.S.-based cryptocurrency exchanges, has accused the U.S. Securities and Exchange Commission (SEC) of violating the law by assessing what constitutes an investment contract. Grewal’s reasoning comes from the Supreme Court of the United...
Binance to deactivate some deposit addresses for wallet upgrade
6.7.2023
Cryptocurrency exchange Binance continues upgrading its wallet infrastructure, which requires affected users to get new wallet addresses
Saxo Bank Ordered to Liquidate Its Portfolio of Crypto Assets by Danish Financial Regulator
6.7.2023
According to a July 4, 2023 press release from the Danish Financial Supervisory Authority, Denmark’s Saxo Bank has been instructed to liquidate its holdings of cryptocurrency assets. The financial regulator maintains that Saxo Bank’s portfolio of crypto assets falls “outside...
dYdX exchange launches testnet for 'fully decentralized' version 4
5.7.2023
The crypto exchange launched a testnet featuring an on-chain order book and matching engine, doing away with the centralized components found on the mainnet version