Tag Archives: Exchange News

Christopher Wray – the director of the Federal Bureau of Investigation (FBI) – says that Russia overestimated its abilities to use crypto to fight sanctions imposed by the United States and its allies. Russia and Crypto May Not Be a Perfect Match Over the past several weeks, many authorities in the U.S. have commented that Russia may try to use crypto to bypass sanctions following its invasion of Ukraine. Members of Congress such as Elizabeth Warren of Massachusetts have...

Cryptocurrency has permitted the historic purchase of a legendary race car. A McLaren 1989 MP4/5 F1 car that was once driven by legendary race car figure Ayrton Senna was purchased for roughly $5 million through a company called Himalaya Pay. The platform oversaw the transaction, which was done through a stable coin listed on the Himalaya Exchange known as the Himalaya Dollar (HDO). Ayrton Senna Sees His Legacy Grow with Crypto Senna is one of the most well-known and...

Kraken – a popular cryptocurrency exchange based in San Francisco, CA – has announced it will donate approximately $10 million in bitcoin to citizens of Ukraine affected by the recent Russian invasion. Kraken Is Giving Crypto to Ukrainian Customers A few weeks ago, Russia invaded its eastern European neighbor, and the battle has seemingly led to countless civilian deaths. Not long ago, the world watched in horror as Russian troops allegedly bombed the maternity ward of a...

Democrat Senator Elizabeth Warren of Massachusetts has recently issued a statement saying that cryptocurrency exchanges in America and around the world should enforce the country’s sanctions against Russia and cut off business stemming from that neck of the woods. To make sure this happens, she is now drafting a bill that she believes will make it much more difficult for countries or individuals to use crypto in the future to evade sanctions. Elizabeth Warren Is Clearly...

Just yesterday, Live Bitcoin News issued an article discussing Coinbase and its blocking of roughly 25,000 illicit accounts that supposedly stemmed from Russia. Coinbase Has Nothing Against Russia Despite the conflict occurring in eastern Europe, executives and employees of the digital trading platform stated that the action taken had nothing to do with the war but rather with a larger attempt to battle fraud and illicit behavior in the digital currency industry....

Coinbase – one of the largest and most popular cryptocurrency exchanges in the world – announced earlier in the week that it is taking heavy action against Russian accounts on its platform. The company has worked to block as many as 25,000 separate crypto accounts allegedly stemming from Russia and that are believed to be involved in illicit activity. Coinbase Works Against Russian Accounts In addition, Coinbase says that it is revamping its efforts to push against...

Members of Congress like Senator Elizabeth Warren – a democrat of Massachusetts – have written a letter to Janet Yellen, the Treasury Secretary under Biden, to ensure that crypto exchanges are working with the U.S. government to ensure that sanctions imposed on Russia are being fully complied with. Elizabeth Warren Is Worried Crypto Can Help Russia Elizabeth Warren – along with Senators Sherrod Brown, Mark Warner, and Jack Reed – want to make sure that crypto exchanges...

Chingari – a short video application based in India – has unveiled its new cryptocurrency GARI, which is slated to begin trading on the India-based cryptocurrency exchange Coin DCX. Chingari in India Will Have Its Own Crypto The move comes at a rather strange – and potentially inopportune – time given that India is still very much up in the air when it comes to the fate of cryptocurrency. The country has had one of the most unstable relationships in the world with...

Bitcoin hasn’t been doing too well as of late. The invasion of Ukraine by Russia and several other factors have caused the world’s number one digital currency by market cap to fall heavily over the past week or two, and now – according to Du Jun, the chief executive of crypto exchange Huobi – bitcoin isn’t likely to experience another bull run until the end of 2024. Du Jun of Huobi Thinks Bitcoin Will Stay Low for Nearly 3 Years Du Jun recently made headlines when he...

Popular cryptocurrency exchange Coinbase has a white hat hacker to thank after he discovered a potential security flaw that could have resulted in devastating losses for customers. Coinbase Could Have Been Stuck in a Rut The security engineer who discovered the problem goes by the name Tree of Alpha. A real name is unknown at the time of writing, though this white hat hacker has ultimately garnered a bounty of about $250,000 from Coinbase due to his recent discovery....