CoinspeakerCoinbase Shares Dip despite Bullish Start to This Week At the beginning of the week, Coinbase generated significant buzz with its announcement of potential collaborations with several asset managers. Coinbase Shares Dip despite Bullish Start to This Week
Read More »Unhappy Staff: Binance, Coinbase, and Gemini Rank Low in Job Satisfaction
CoinspeakerUnhappy Staff: Binance, Coinbase, and Gemini Rank Low in Job Satisfaction Companies like Circle, Ripple, and the non-fungible tokens (NFTs) marketplace OpenSea have happier employees. Unhappy Staff: Binance, Coinbase, and Gemini Rank Low in Job Satisfaction
Read More »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...
Read More »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...
Read More »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...
Read More »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...
Read More »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...
Read More »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...
Read More »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...
Read More »KuCoin to Require KYC Verification for All Users Starting from July
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...
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