Dunamu is one the biggest cryptocurrency exchanges in South Korea, and now it looks like two of the company’s biggest shareholders – Song Chi-hyung and Kim Hyoung-nyon – have become the nation’s first two bitcoin billionaires. Dunamu Is Big, and So Are Its Shareholders While these individuals may not sound familiar, what they do for a living is likely to ring a bell with several pop culture fans. Chi-hyung is the founder and chairman of Hybe, the agency behind K-pop...
Read More »Coinbase CFO On Where the Company Will Soon Be Headed
The CFO of Coinbase – one of the biggest and most powerful digital currency exchanges in the world – unveiled some of her thoughts on the future of the crypto industry and where she thinks the company will go from here. How Coinbase Is Planning to Change Alesia Haas says that Coinbase now has a valuation of approximately $70 billion despite crypto transactions being down this quarter. Between quarter three and quarter four of 2021, monthly transactions fell from just...
Read More »Jack in the Box Sues FTX Exchange, Says It Ripped Off Its Mascot
Another cryptocurrency lawsuit is in the books. This time, the plaintiff is popular fast food chain Jack in the Box, who according to court documents, says the FTX exchange stole the look of Jack, it’s mascot, for its own personal use. Jack in the Box Files Suit Against FTX Jack in the Box commercials have been airing forever. We have all grown privy to the man in a suit who wears a large white mask over his head. Jack features a long pointy nose, blue eyes and a little...
Read More »Coinbase Commission Fees May End with New Subscription Service
Coinbase – one of the largest and most popular cryptocurrency trading platforms in the world – is now testing commission-free trading for people who engage in large or regular transactions. Coinbase Is Looking to End Commission Fees for Some Customers Known as Coinbase One, the service will be available to customers willing to pay subscriptions. They can trade bitcoin along with several other digital currencies without having to pay commission fees, meaning whatever they...
Read More »Coinbase Is Now the Official Crypto Exchange of the NBA
Coinbase has had an exciting week. After forming a partnership with Facebook to provide support and custody services for its new Novi wallet, the popular digital currency exchange is joining hands with the National Basketball Association (NBA), which some believe will make it possible to pay for merchandise and event tickets with crypto in the coming future. Coinbase Has Joined Hands with the NBA The sports association issued a press release claiming that Coinbase will...
Read More »Mariah Carey Is Putting Money in the Gemini Exchange
Grammy-winning singer and musician Mariah Carey has become the latest celebrity to join the growing cryptocurrency craze. Mariah Carey Is Building a Bridge Between Women and Crypto In a recent press release, it was revealed that Carey is the latest major investor in the Gemini Exchange, a popular cryptocurrency trading platform founded by Cameron and Tyler Winklevoss in New York. The Winklevoss Twins – as they are casually called – garnered heavy fame thanks to the 2010...
Read More »Facebook Picks Coinbase to Support Its Novi Wallet
Coinbase is helping Facebook launch its latest cryptocurrency project Novi, a digital wallet. The product launched early Tuesday morning and Coinbase – one of the world’s most popular digital currency exchanges – was hired to assist with the logistics of the wallet. Coinbase Is Facebook’s Knight in Digital Armor The social media giant is offering a batch of varying digital currencies to users that will be stored on Coinbase. These assets are available to anybody who...
Read More »Coinbase Wants a Whole New Regulatory Department to Handle Crypto
In a recent statement, Coinbase – one of the largest and most popular cryptocurrency exchanges in the world – made a case for creating a whole new regulation department to oversee the processing of cryptocurrency transactions. Coinbase Has Some Big Ideas Regarding Crypto Regulation Right now, the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) are tasked with examining crypto activity and digital processes. However, these...
Read More »Dydx, One of the World’s Newest Crypto Exchanges, Is Growing Like Crazy
Coinbase is one of the largest cryptocurrency exchanges in the world. There’s no denying that, but sometimes, even the big dogs can be outdone by little pups as Dydx has shown. Dydx Is Looking to Be the Best of the Best Dydx is one of the globe’s newest crypto trading platforms. The company is only about four years old, and yet its daily trading volume is larger than anything Coinbase has experienced in recent days. Based in San Francisco, CA, Dydx recorded a trading...
Read More »Coinbase Is Building a Whole New Platform Devoted to NFTs
Coinbase – one of the biggest and most popular cryptocurrency trading platforms in the world – has announced it is developing an entire marketplace devoted to non-fungible tokens (NFTs). Coinbase Is Growing Through Its New NFT Market The non-fungible token world is growing every day. With so many sports-related events and even artwork now being tied to NFTs, individuals have found a way to ensure all their memories and important moments are recorded permanently to the...
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