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Tag Archives: Exchange News

Coinbase Partners with BlackRock to Offer Crypto to Institutions

Coinbase – one of the largest and most popular digital currency exchanges in the world – is teaming up with investing giant BlackRock to give its customers the opportunity to trade digital assets. Coinbase and BlackRock Join Hands Joseph Chalom – global head of strategic ecosystem partnerships at BlackRock – explained in a recent interview: Our institutional clients are increasingly interested in gaining exposure to digital asset markets and are focused on how to...

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Alleged Crypto Thief Alexander Vinnik Sent to the U.S.

Alexander Vinnik – a Russian national that a few years back, was sentenced to spending five years in a Paris prison for crypto crimes – is being sent from Greece to the United States where he will face trial and possible sentencing for his role in a crypto scam that may have cost investors millions of dollars. Vinnik Is Coming to America Vinnik has been accused of various hacking and extortion schemes. He has also been accused of running a multibillion-dollar crypto...

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Binance to Avoid Amp Due to Potential Security Classification

Binance.US – the American division of Binance, arguably the largest and most popular digital currency exchange in the world – has removed the Amp token given that the Securities and Exchange Commission (SEC) views the asset as a potential security. Binance does not want to get in the middle of what could be a huge legal fight and is apparently removing the token from its listings altogether. Binance Says “No” To Amp Listing There is growing concern as of late about the...

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Celsius Customers in Australia Try Desperately to Get Their Crypto Back

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...

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Crypto Platform Nomad Hacked; Nearly $200 Million Stolen

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...

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Harmony Clients Aren’t Happy with Post-Hack Plans

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...

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Coinbase Files SEC Petition Calling for Fair Crypto Regulation

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...

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Zip Mex, A Singapore Crypto Trading Platform, Goes Bankrupt

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...

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The SEC Announces New Coinbase Investigation

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...

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Crypto Firm Crypso Garners $3 Million in New Funds

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...

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