# S&P Global downgrades Coinbase credit rating for weak Q2 earnings, competitive pressures

# S&P Global downgrades Coinbase credit rating for weak Q2 earnings, competitive pressures

” S&P Global downgrades Coinbase credit rating for weak Q2 earnings, competitive pressures “ Major American cryptocurrency exchange Coinbase saw its long-term issuer credit rating downgraded from BB+ to BB status by rating agency S&P Global following its latest earnings report this year. The agency confirmed the downgrade in a note on Thursday, pointing toward…

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# dYdX confirms blocking (and unblocking) some accounts linked to Tornado Cash

# dYdX confirms blocking (and unblocking) some accounts linked to Tornado Cash

” dYdX confirms blocking (and unblocking) some accounts linked to Tornado Cash “ Cryptocurrency derivatives trading platform dYdX said it blocked some users’ accounts with funds linked to Tornado Cash, including mistakenly suspending some that never directly engaged with the controversial mixer. In a Wednesday blog post, dYdX said it had “unbanned certain accounts” that…

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# Crypto exchange Hotbit says it froze customer funds due to alleged criminal ties of formal employee

# Crypto exchange Hotbit says it froze customer funds due to alleged criminal ties of formal employee

” Crypto exchange Hotbit says it froze customer funds due to alleged criminal ties of formal employee “ On Thursday, cryptocurrency exchange Hotbit said it “suspended trading, deposit, withdrawal and funding functions,” with no timeframe for resumption. In explaining the decision, Hotbit stated: “A former Hotbit management employee who left in April this year was,…

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