Tag Archives: Exchange News

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...

Jim Messina – a former advisor to President Barack Obama – has been making a real name for himself in the world of digital currencies. As his former deputy chief of staff, he is now a heavy crypto lobbyer who’s looking to instill certain guidance and regulations for digital currency exchanges stationed throughout London and the United Kingdom. Jim Messina Brings Crypto and Politics Together Messina is presently a political operative working on the board of...

African cryptocurrency exchange Yellow Card wants to be big. So big, in fact, that after raising a whopping $40 million in a series B funding round, the company says that it’s looking to become the first African crypto “unicorn” the world has ever seen. Yellow Card Wants to Get Huge A unicorn is any company worth approximately $1 billion or more. One of the firms that took part in the series B funding round was Poly Chain Capital, headed by Will Wolf, who as a partner of...

Luke Ryan – the head of content at Coin Jar, a cryptocurrency exchange in Australia – says that the more sports teams seek to gain crypto sponsorships, the more legitimate the space will become. Luke Ryan on Sports and Crypto Coin Jar is one of the first crypto companies in Australia to sponsor a sports team. By collaborating with the Melbourne Demons in May of 2021, it looks like the firm was the first company of its kind to take over an Australian Football League (AFL)...

Winning awards and getting recognition is always nice, and for crypto companies – who rarely receive either one – the situation is even stronger given how miniscule the praise they get can sometimes be. That’s where WealthManagement.com has come into play, and it recently offered a big award to Flourish, a platform that seeks to provide innovative access to digital currencies and related products. Flourish Has Won a Huge Award The award that Flourish received was for...

Not long ago, Live Bitcoin News published an article talking about the world’s first cryptocurrency insider trading case, which occurred at the hands of a former employee of popular digital currency exchange Coinbase. It now looks like that case has reached a new pinnacle. Former Coinbase Employee May Have Conducted Insider Trades The case involves Ishan Wahi, a former product manager for Coinbase. He is accused of receiving private information about what coins the...