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Tag Archives: coinbase

As Race for Spot BTC ETF Hots Up, CEO Cathie Wood Says Ark Invest is First in the Queue

The first Bitcoin ETF application was filed way back in 2013 by Cameron and Tyler Winklevoss. However, the US regulators have not approved any such application to date.  But now, they are seemingly under tremendous pressure, with some of the biggest players in traditional finance throwing their hats in the ring. Race for BTC ETF Hots Up  In the latest, the world’s largest fund manager – BlackRock – filed on June 15 for a spot Bitcoin investment trust fund through iShares, the...

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Bittrex Mirrors Coinbase, Requests SEC Lawsuit Dismissal

Last week, Coinbase filed to dismiss the charges brought against it by the SEC. Motivating its approach, the exchange accused the agency of overreach, stating that crypto assets may not even come under their purview. The leading US crypto exchange also accused the SEC of ignoring prior approvals given for the sale of some of the digital assets named in its lawsuit. Emboldened by Coinbase’s move, Bittrex has decided to follow suit. Lawsuits and Bankruptcies Although Bittrex is...

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Bitcoin Company Strike is Relocating to El Salvador

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Bitcoin payments company Strike has anticipated that it will grow across 65 countries in the coming years and expand its list of clients to roughly three billion souls. Strike Wants a Change of Scenery Jack Mallers – CEO of the Chicago-based company – explained in a recent interview: We think there are billions...

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Coinbase’s Base Applies Security First Mindset Ahead of Mainnet Launch

Coinbase’s developed Layer 2 network – Base – is gearing up for a mainnet launch. Since its deployment on testnet earlier this year, Base has already met 4 out of 5 of the criteria for the upcoming event while giving security the top-most priority in its goal to attract the next million developers and a billion users on-chain. As such, the team tasked with protocol security has doubled down efforts to improve the security of Base and Optimism over the last six months. The...

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SEC vs Coinbase Case Slated for July 13

In the Coinbase defense that triggered a new hearing date in July, the exchange noted that many of the tokens SEC highlighted in its allegations are outside the Commission’s purview. The long-awaited legal battle between crypto exchange Coinbase (NASDAQ: COIN) and the US Securities and Exchange Commission (SEC) has been scheduled to hold on the 13th of July. Coinbase is just one of the crypto companies under the radar of the US financial watchdog. The Commission alleges that the exchange...

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UK Passes Legislation to Support Safe Adoption of Crypto Assets Post Brexit

The UK government wants to adopt the nascent crypto asset industry to enable exponential growth to its economy away from the Brussels shackles. Having successfully secured its independence from the European Union through Brexit, the United Kingdom (UK) continues to reorganize its internal policies to attract international investors and streamline bilateral trade. In the latest developments under the leadership of Prime Minister Rishi Sunak, the UK government announced the Financial...

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Canadian Lawmakers Publish Report Defending And Supporting Crypto, Coinbase Approves

A Canadian House committee published a report on Wednesday providing 16 recommendations for how the nation’s government should regulate the blockchain industry – and they’re remarkably bullish. Crypto exchange Coinbase praised the report, saying it was “encouraged by the forward-thinking approach of the parliamentary committee.” Opening Canada to Crypto In its first recommendation, The Parliamentary Standing Committee on Industry and Technology (INDU) asked that the Canadian...

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Ledger Launches Institutional-Grade Trading Network for Crypto Custody

Ledger launched an institutional-grade trading network to meet the risk management and regulatory requirements of institutions. On June 28th, crypto custody company Ledger announced the launch of “Ledger Enterprise TRADELINK”, a custodial trading network for institutions aiming to revolutionize this segment. According to Ledger, the crypto wallet company has signed contracts with several partners to carry out its new project, which eliminates unnecessary complexities in the crypto market...

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