Tag Archives: Exchange News

Google – the king of search engines – is partnering with Coinbase – the king of digital currency exchanges – to allow customers to pay for cloud services with crypto assets like bitcoin, Dogecoin, Litecoin, and Ethereum. Google Is Partnering with the Leader of Crypto Trading The move is pushing the goals of bitcoin and its digital counterparts closer to being achieved. What many people likely forget is that while bitcoin and many of its crypto cousins have taken on...

New information has come about regarding the dips incurred by the Celsius Network that have traders and analysts raising a few eyebrows. What’s Happening at Celsius? Not long ago, it was announced that Celsius was going to give traders their money back and that it was going to allegedly try and make things right with its customers. This made it appear as though Celsius was something of a victim company. A firm that fell to the ongoing volatility and speculation of the...

It’s happened again, folks. Another hack is in the books, but this one was not only large, but also unexpected. The victim this time around is Binance, the largest and most powerful digital currency trading platform in the world. Binance Has Lost a Lot of Money At the time of writing, the exchange has lost more than $600 million in a cyberattack. All the funds in question were in BNB, which stands for Binance Coin. It is the exchange’s native token. The exchange reported...

Customer service is the heart and soul of any business. Without it, a company is doomed to fail. No Customer Service? No Company! When someone has questions about your products, what do they do? They call up your customer service department to speak with someone who knows your company. That someone then provides the necessary information to them, easing their concerns and bringing them closer to buying or investing in your services. One of the problems we’ve been seeing...

A new documentary about Coinbase and its CEO Brian Armstrong is headed to streaming platforms everywhere including Amazon Prime and YouTube. The Coinbase Story Is Available to Viewers Everywhere Coinbase began in the year 2012. Around for only a decade, the company rose to prominence rather quickly and is now considered one of the largest and most popular digital currency companies in the world. Coinbase is the biggest exchange in the western hemisphere and is second...

Leticia James – New York’s attorney general – is joining several other states in a class-action lawsuit against cryptocurrency firms Nexo Inc. and Nexo Capital Inc. for allegedly lying to clients about their registration statuses. Leticia James Wants to Get Nexo in Court Should James and the remaining states win the lawsuit, it would require that both Nexo companies forfeit whatever profits they likely made over the past several years. The subject of the lawsuit involves...

Alex Mashinsky – the CEO of the Celsius Network, the doomed digital currency staking platform that is now in the middle of bankruptcy proceedings – has resigned from his post and will no longer be associated with the company. Celsius CEO Alex Mashinsky Says Goodbye A letter of resignation by Mashinsky was submitted in late September and became effective immediately, though while he’s not set to have any official title with the company, Mashinsky said he would be staying...

Celsius – the doomed crypto lending platform that completely collapsed in the summer and is now undergoing bankruptcy proceedings – has issued a plan to compensate all the customers and people that had accounts on the platform that they now cannot access. Celsius Is Looking to Give Customers Their Money Back Celsius caused several individuals to raise eyebrows in confusion and disgust when it was announced the company had frozen withdrawals and that anyone working with...

Jesse Powell – the man who brought popular digital currency exchange Kraken to life – is stepping down from his post with the company. Kraken CEO to Remain Onboard as the Chairman Powell will no longer serve as the chief executive of the firm, according to recent news reports. He will be replaced by the chief operating officer Dave Ripley, who first joined Kraken in the year 2016. The transition will occur gradually over the next few months and Mr. Powell will remain...

Nasdaq Inc. has a growing interest in cryptocurrency. So much so that it’s looking to expand itself in the crypto space by establishing a group that’s dedicated to digital currency research and custodial offerings, meaning it could soon be able to hold crypto assets for its many clients. Nasdaq Wants to Offer Crypto Custody Services The company’s plans were recently confirmed by its executive vice president Tai Cohen. The new group will be headed by a man named Ira Auerbach, who recently had...