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” Community urges Coinbase to relist XRP as CEO fights for staking “ Amid Coinbase cryptocurrency exchange standing up for crypto staking and economic freedom, the online community has urged the company to support XRP as well. On Feb. 9, Coinbase’s chief legal officer Paul Grewal claimed that Coinbase’s staking program is not affected by…
” Ethereum price risks 20% correction amid SEC’s crackdown on crypto staking “ Ethereum’s native token, Ether (ETH), saw its worst daily performance of the year as the United States Securities and Exchange Commission (SEC) stopped Kraken, a cryptocurrency exchange, from offering crypto staking services. On Feb. 9, Kraken agreed to pay $30 million to…
” ‘Kraken Down’ — SEC commissioner rebukes own agency over recent action “ United States Securities and Exchange Commission (SEC) commissioner Hester Pierce has publicly rebuked her own agency over the shut down of Kraken’s crypto staking program in the United States. The commissioner blasted her regulator in a Feb. 9 statement called “Kraken Down,”…
” Getting rid of crypto staking would be a ‘terrible path’ for the US — Coinbase CEO “ The CEO and co-founder of cryptocurrency exchange Coinbase, Brian Armstrong, believes that banning retail crypto staking in the United States would be a ‘terrible’ move by the country’s regulators. Armstrong made the comments in a Feb. 9…
” Former Coinbase manager slams SEC in motion to dismiss insider trading case “ A former product manager at cryptocurrency exchange Coinbase has moved to dismiss charges of alleged insider trading, with his lawyers arguing the tokens he allegedly traded were not securities. Lawyers representing ex-Coinbase employee, Ishan Wahi, and his brother, Nikhil Wahi, filed…
” Judge dismisses proposed class action suit alleging Coinbase securities sales “ A proposed class action suit against cryptocurrency exchange Coinbase, Coinbase Global and CEO Brian Armstrong alleging unregistered securities sales was dismissed in the United States District Court of Southern New York on Feb. 1. The suit, filed on March 11, claimed that 79…
” Bitcoin on-chain data and BTC’s recent price rally point to a healthier ecosystem “ Bitcoin (BTC) had a rough year all throughout 2022. But fresh on-chain and futures market data show positive signs that the leading cryptocurrency by market capitalization has started to recover. After a bevy of short liquidations, the futures market is…
” Crypto firms cut nearly 3,000 jobs in January despite Bitcoin’s rise “ Crypto companies tightened their purse strings in the first month of 2023, with at least 2,900 crypto staff cut loose across 14 crypto firms in January. The latest firm to reportedly initiate a layoff is the crypto infrastructure provider Prime Trust which…
” Crypto wallets combat scammers with transaction previews and blocklists “ United States-based crypto exchange Coinbase has become the latest crypto wallet provider to roll out transaction previews and blocklists amid a rise in crypto thefts. On Jan. 30, the crypto exchange announced it had integrated a new suite of safety features to its wallet…
” Breaking: Coinbase fined $3.6M in the Netherlands “ De Nederlandsche Bank (DNB), the Dutch central Bank, fined cryptocurrency exchange Coinbase 3.3 million euros ($3.6 million), due to non-compliance with local regulations for financial service providers, according to a Reuters report on Jan 26. The exchange reportedly failed to obtain the necessary registration to offer…