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“# NY Times report alleges history of pay discrimination at Coinbase ” San Francisco-based crypto exchange Coinbase may have had a problem with paying its employees fairly based on gender and race. According to a report from New York Times journalist Nathaniel Popper, Coinbase paid salaried Black roughly 7% less than people in similar positions based on payroll…
“# Coinbase announces it will suspend XRP trading as price drops another 10% ” Major cryptocurrency exchange Coinbase will suspend trading for XRP in response to the United States Securities and Exchange Commission taking legal action against Ripple. According to a blog post published today by Coinbase chief legal officer Paul Grewal, the exchange will…
“# Bitcoin developer who lost Bitmain funding wins Coinbase’s first-ever developer grant ” Digital currency exchange Coinbase has awarded its first-ever Bitcoin Core developer grants, and a familiar name is among the recipients. João Barbosa and 0xB10C, the alias of a pseudonymous developer, were selected winners earlier this week. Although the funding amounts weren’t revealed,…
“# $500M in Bitcoin leaves Coinbase as institutions buy more than miners sell ” Bitcoin (BTC) saw fresh rejection at $24,000 overnight on Dec. 24, but data shows that appetite for big buy-ins is only increasing. As recorded by on-chain analytics resource CryptoQuant, institution-focused exchange Coinbase Pro alone saw two large withdrawals of more than…
“# Gifting crypto to loved ones this holiday? Educate them first ” The mainstream has taken a growing interest in cryptocurrency as the price of Bitcoin (BTC) continues to reach all-time highs. To put this interest into perspective, researchers at the Cambridge Centre for Alternative Finance recently found that 101 million people across the globe…
“# Coinbase IPO to further legitimize crypto, but limitations remain ” In some ways, the Coinbase exchange is the poster child for the crypto industry. It has embraced — not fought — regulation, which sets it apart from most cryptocurrency exchanges while the firm’s trading app is praised for its ease of use. When JPMorgan…
“# Coinbase seeks extended feedback deadline to FinCEN’s new crypto rules ” Coinbase, one of the largest cryptocurrency exchanges in the United States, is advocating extension for the industry’s feedback deadline to newly proposed crypto rules by the Treasury’s Financial Crimes Enforcement Network, or FinCEN. In a Dec. 21 blog post, Coinbase’s chief legal officer…
“# Indian crypto exchange CoinDCX raises $14M in its third round in 2020 ” CoinDCX, the largest cryptocurrency exchange in India, continues to aggressively expand its business with a massive new fundraise. According to a Dec. 21 announcement, CoinDCX has raised $13.9 million from industry investors like Coinbase and Polychain in its Series B funding round….
“# MicroStrategy buys the dip — Now has more BTC than US Govt ” Business intelligence company MicroStrategy has added to its Bitcoin (BTC) stash, with a purchase of 29,646 BTC for a total of $650 million, an average of around $21,925 per Bitcoin CEO Michael Saylor tweeted the news immediately following a pullback in…
“# Law Decoded: Crypto on the rise, Big Tech on notice, Dec. 11–18 ” Every Friday, Law Decoded delivers analysis on the week’s critical stories in the realms of policy, regulation and law. Law Decoded will be going on a break next week for the holidays but will return in the new year. Editor’s note…