Tag Archives: coinbase

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...

KuCoin CEO noted that the increased adoption of cryptocurrency has pushed the number of related security issues higher. Leading cryptocurrency exchange KuCoin has introduced additional checks to its KYC verification process. In a bid to comply with global anti-money laundering regulations, the firm announced the KYC system upgrade on June 28. As part of the upgrade, all new users will have to complete mandatory identity checks from July 15. Without this, such users will not have access to...

Fireblocks’ cloud support comes at a time when more and more institutional investors and corporations are joining the crypto space. Blockchain security service provider, Fireblocks, has expanded its cloud service for crypto custody and settlement. According to the announcement, the service will now include Amazon Web Services (AWS), Google Cloud Platform, Alibaba Cloud, Thales, and Securosys. Cloud Computing Meets Crypto Security Fireblocks’ platform uses a combination of security...

Hut 8 announced entering into a $50 million credit facility with Coinbase Credit as the lender. In a statement, the North American crypto miner revealed that the proceeds from the loan will be used for general corporate purposes while providing it with added financial flexibility and helping it maintain a dynamic Bitcoin treasury management strategy. Initially, the credit facility provides a $15 million term loan, followed by an additional $20 million delayed-draw term loan...

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Paul Grewal – the chief legal executive of Coinbase, arguably the biggest and most popular crypto exchange in the U.S. – has made a public apology to the creators of a new meme token called $pepe for claiming the image associated with the token has largely been tied to alt-right hate groups. Coinbase Issues...

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Former Coinbase product manager Ishan Wahi will serve two years behind bars after he took part in a crypto-based insider trading scheme. Former Coinbase Manager Heading to Prison As a former employee of one of the world’s largest and most renowned crypto trading platforms, Wahi gained access to specific...

In addition to recruiting top-tier lawyers to bolster its defense, Coinbase has also filed “amicus briefs,” commonly known as friend-of-the-court briefs. In the face of intensified regulatory scrutiny within the cryptocurrency industry, Coinbase Global Inc (NASDAQ: COIN), a prominent American digital assets service provider, took a strategic legal approach to proactively influence court rulings in unrelated cases before becoming the primary target of a US crackdown. According to a recent...

Gemini highlighted their plans to diversify their customer base and reduce the dependence on the US market. Gemini, the US-based exchange of the Winklevoss Twins, has announced its plans to establish a center in Singapore as part of its future expansion into the Asian market. According to Gemini’s statement, the company intends to hire over 100 employees in the next 12 months to capitalize on the growth potential of cryptocurrencies in the APAC (Asia-Pacific) market. Gemini Expanding...

EDX Markets plans to step into the crypto space just when the regulatory developments are quite hot and the US SEC has been cracking hard on crypto firms. The cryptocurrency landscape in America seems to be undergoing a seismic shift, and it’s still too early to say whether it is for the good or the bad. As per the latest report from Wall Street Journal, crypto exchange EDX Markets is planning to start operations in the US. Interestingly, crypto exchange EDX Markets is backed by some of...

Binance has been considering expanding its business to the UK and other regions due to the crackdown on crypto exchanges in the US.  Following its lawsuit with the United States Securities and Exchange Commission (SEC), the global leading digital asset service provider Binance has withdrawn its registration of Binance Markets Limited (BML) with the Financial Conduct Authority (FCA). Markedly, BML is the United Kingdom subsidiary of the global crypto exchange. With these latest...