Tag Archives: Exchange News

Australia and crypto are becoming a huge pair, which is why so many people in the nation flocked to the Celsius Network earlier in the year to obtain potential interest on their coins. Thus, we can understand that many of them are not too happy about what’s occurred with Celsius over the past few weeks. Celsius Customer in Australia Are Going Through a Tough Time Things got off to a very rocky start when the crypto lending platform decided to halt all withdrawals a few...

It’s happened again, folks. Another digital currency heist is in the books. This time, it’s cryptocurrency bridge platform Nomad that’s the latest victim of a cyberattack, having lost as much as $190 million at the time of writing. Nomad Has Lost a Lot of Money Nomad is a unique company in the sense that it bridges blockchains together. This makes several blockchain technology platforms compatible and opens a lot of doors that would often prevent digital currency...

Not long ago, Harmony – a crypto exchange based in northern California – was the victim of a cyberattack that ultimately resulted in more than $100 million in digital currency funds being stolen. Harmony Is Looking to Give People Their Money Back The company has taken several measures to get its money back and make the situation better for its clients. Among the proposals it has made is this latest one in which executives want to issue nearly five billion new crypto...

Coinbase – one of the world’s largest and most powerful digital currency exchanges – is not happy with the Securities and Exchange Commission (SEC), claiming the agency has not implemented efficient crypto regulations. The company has now filed a petition criticizing the organization and calling for fair regulation within America’s legal spectrum. Coinbase Isn’t too Happy with the SEC Faryar Shirzad – chief policy officer at Coinbase – explained in a recent statement...

Another crypto bankruptcy declaration is in the books. Following several straight weeks of bearish trends and companies either liquidating or being forced to declare bankruptcy, it appears another firm has fallen victim to the collapse traders have been witnessing for the past eight months. This time around, the company declaring bankruptcy is Zip Mex, a Singapore-based crypto exchange operating mainly in southeast Asia. Zip Mex Isn’t Doing So Well The proceedings...

Coinbase is one of the world’s largest and most powerful cryptocurrency exchanges, but lately, it’s having a hard time. Coinbase Is Being Looked at by the SEC Things started out rough a few months ago when the company announced it was going to be enforcing a hiring freeze due to the ongoing crypto winter. Initially, 2022 was going to be the year in which the exchange rose to new heights and practically tripled its workforce, but crashing prices ultimately brought an end...

Crypso – a digital currency investing platform – has garnered an impressive $3 million in new seed funding. The round saw the participation of many of the crypto arena’s most prominent leaders including Hashed Emergent, Athera Venture Partners, Better Capital, Whiteboard Capital, and the founders of Polygon. Crypso Gets a Lot of Money Crypso says it’s planning to use the funds it’s received to boost its user base and increase the breadth of both its technology and...

XP Inc – a brokerage firm in Brazil – is allowing its clients to invest in digital currencies, suggesting that despite prices crashing in recent months, these new assets are still as popular and as sought after as ever. At the time of writing, the company will purely offer access to both bitcoin and Ethereum, though executives say they have every intention of expanding their listings by the end of the year. XP Inc Is Allowing Users to Trade Crypto Lucas Rabechini – the...

Audius – a non-fungible token (NFT) music platform – is the latest victim of a cybertheft. Attackers made off with approximately $6 million in digital currency units. Audius Loses a Lot of Crypto The big clincher with Audius is that it puts all the power in the hands of those who share their music with users on the enterprise. As a fully decentralized platform, musicians can post their songs which are then purchased in the forms of NFTs. From there, they earn all the...

A former Coinbase employee and two of his comrades have been arrested by the Department of Justice (DOJ) following reports that the employee had conducted insider trading and passed along confidential information to his cohorts about which coins would be listed on the exchange in the future. A Man Who Worked with Coinbase Has Been Arrested The former employee – a man named Ishan Wahi – was part of the team at Coinbase that listed assets on the trading platform. The data...