In a recent transparency report, Coinbase revealed it has seen a significant yet complex evolution in the types of requests it receives from law enforcement and government agencies worldwide. With a total of 10,707 requests logged over the past year, there is an 18% drop when compared to the previous year’s figures. This decline, while
Exchanges
In the constantly evolving landscape of cryptocurrency, legal conflicts often arise that reflect the complex interplay between market dynamics, regulatory scrutiny, and corporate governance. A notable recent case involves Coinbase, a leading cryptocurrency exchange, and BiT Global, the developer behind wrapped Bitcoin (WBTC). Coinbase’s decision to delist WBTC, citing concerns related to its association with
El Salvador has established itself as a pioneering nation in the realm of cryptocurrency by becoming the first country in the world to adopt Bitcoin as legal tender. This revolutionary move not only placed the small Central American nation in the global spotlight but also showcased its intent to foster innovation through cryptocurrencies. With the
The cryptocurrency market is an ever-evolving landscape that has witnessed a plethora of innovations and competitive strategies. Recently, this competition has spilled into the courtroom as BiT Global, a crypto custodian with ties to the controversial Justin Sun, has filed a lawsuit against Coinbase, the United States’ leading cryptocurrency exchange. This lawsuit raises several serious
In a remarkable display of market confidence, GateToken, the native cryptocurrency of the Gate.io exchange, has experienced a meteoric rise, hitting a new all-time high of $13.79 before settling back at around $13.29. This surge occurred against a backdrop of swirling rumors regarding a potential security breach that circulated across various social media platforms. The
In the highly competitive landscape of cryptocurrency exchanges, Binance has once again reinforced its market leadership by reporting an impressive $21.6 billion in customer deposits for 2024. This remarkable figure not only underscores the exchange’s robust position but also highlights how far ahead Binance is compared to its nearest competitors. According to a report from
On December 11, Coincheck Group, the operator of the prominent Coincheck crypto exchange, made its debut on the Nasdaq stock exchange. This groundbreaking event follows the recent merger with Thunder Bridge Capital, which was officially completed earlier in December after a successful vote by Thunder Bridge shareholders. The culmination of this merger not only signifies
In a move that signifies a pivotal shift in the cryptocurrency landscape, Binance has announced a strategic partnership with Circle to integrate USD Coin (USDC) into its extensive suite of services. This collaboration, reported on December 11, aims to enhance access to crypto assets while simultaneously fostering wider adoption of stablecoins. As the world’s leading
Coinbase is stepping up its game in the digital assets arena with the launch of Project Diamond, aimed primarily at institutional investors outside the United States. According to a recent statement, this initiative by Coinbase Asset Management is not just a standard crypto offering but a robust infrastructure that encompasses various features, including Coinbase Prime
In a bold move encapsulating the convergence of traditional finance and cryptocurrency, Singapore-based Crypto.com has entered into a strategic partnership with Deutsche Bank. This collaboration, unveiled on December 10, is a significant milestone in Crypto.com’s ambition to enhance its corporate banking capabilities and expand its global footprint. By focusing on pivotal markets such as Singapore,
