Tag Archives: Exchange News

The Securities and Exchange Commission (SEC) is likely starting to sweat a little given that the Ripple case it worked so hard on hasn’t traveled in its favor. Ripple May Get the SEC to Back Off A few weeks back, a judge in New York of all places (New York is often considered a very unfriendly place when it comes to digital assets) ruled that Ripple wasn’t necessarily a security, and while not all the legal ramifications or doors have been closed yet, things are...

Alexander Mashinsky – the founder of bankrupt crypto lending platform Celsius – has been arrested and indicted on federal charges. Former Celsius Head Taken into Custody Celsius was founded in 2018. Things fell apart for the company last year during the height of the crypto winter. Users of the platform were shocked one day last summer to see that all withdrawals had been halted, and thus they couldn’t access their hard-earned money. Things, however, didn’t quite...

As we all know by now, BlackRock – which is trying to bring a bitcoin-based exchange-traded fund (ETF) to fruition – has partnered with Coinbase in its application as a means of creating a safe custody haven for users. However, some analysts believe this move is going to come back and bite the company in the rear. Should BlackRock Find a Replacement for Coinbase? Coinbase is currently being sued by the Securities and Exchange Commission (SEC), the financial agency...

The U.S. Department of Justice (DOJ) has arrested security engineer Shakeeb Ahmed for engaging in the $9 million theft of an unnamed decentralized crypto exchange (DEX). The DOJ Has a Suspect The DOJ alleges Shakeeb created fake pricing data to generate fees through the exchange, which later allowed him to make ongoing withdrawals. He was arrested in mid-July of this year – approximately 12 months after he took part in the attack – following several days of...

Former heads of the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) Timothy Massad and Jay Clayton feel the U.S. is seriously falling behind when it comes to crypto regulation, and they’re calling for legislators to step up and create valid rules once and for all. Timothy Massad on the Lack of Crypto Regulation Right now, the U.S. is arguably one of the worst places for crypto activity. This largely has to do with the...

Following a lot of legal back-and-forth jabber, the Winklevoss Twins of the Gemini exchange in New York are moving forward with their lawsuit against Barry Silbert and his company Digital Currency Group. The Twins allege that the firm and its CEO Silbert engaged in massive fraud. The Winklevoss Twins Are Taking DCG to Court The problems stem from a program introduced by Gemini called Earn, which allowed users to loan their assets to Genesis, a division of the...

Crypto exchange Bitstamp has formed a new partnership with Qi Digital to ensure that all companies, banks, and payment providers that work with it can accept crypto as a method of payment. Bitstamp is Making It Easy to Pay with Crypto The move is pushing the goals of bitcoin and its digital counterparts closer to being achieved. What many people likely forget is that while bitcoin and many of its crypto cousins have taken on either speculative or even hedge-like...

Changpeng Zhao – the man behind Binance, the world’s largest and most popular digital currency exchange – has announced that he thinks 2025 will likely be the year in which bitcoin reaches a new high and goes through a bull run like nobody has ever seen. Binance CEO Changpeng Zhao on BTC’s Future This is very similar to an article that Live Bitcoin News recently published. In that article, it was suggested (as an opinion, of course) that 2024 would be the year in...

Leading fiat-to-crypto firm Ark Fi is introducing Ramp, a secondary platform that will allow customers to purchase digital assets with their credit cards. Ramp Will Make Crypto Buying Easy The whole idea of purchasing bitcoin and its altcoin cousins should be easy. One pulls out their credit card, enters the information, and done! The money should be transferred to their digital wallet for use and investment purposes. Unfortunately, there are some companies out...

Could the new BlackRock bitcoin-based exchange-traded fund (ETF) application help pave the way for a Coinbase and SEC settlement or relationship? According to some analysts, the answer is “yes.” Coinbase Could Be Successful Coinbase was recently listed as a custody provider in the application submitted by BlackRock. This, according to several industry experts, is a huge vote of confidence for the firm given Coinbase is currently under the scrutiny of the SEC,...