In the landscape of cryptocurrency exchange, trust is paramount. Coinbase, a leading platform, has found itself at the nexus of concern over recently imposed account restrictions. The crypto community has been alarmed by Coinbase’s rationale for these limits, which the company attributes to a surge in fraudulent activities following the recent U.S. presidential election. In
Exchanges
The rise of digital assets has brought about a myriad of challenges, particularly concerning compliance and secure data exchange among Virtual Asset Service Providers (VASPs). In response to these challenges, the Travel Rule Universal Solution Technology (TRUST), led by Coinbase, has introduced TRUSThub—a groundbreaking platform designed to facilitate data sharing and bolster compliance. Officially announced
Woori Technology, a prominent venture capital firm based in South Korea, is poised to make a potentially significant move by selling its stake in Dunamu, the holding company of the Upbit cryptocurrency exchange. Established in 2015, Woori made an investment of 5.5 billion KRW, acquiring an unspecified percentage of equity in Dunamu. Fast forward nearly
In a striking move that underscores the rift between the cryptocurrency sector and federal regulators, Brian Armstrong, CEO of Coinbase, has declared that the exchange will terminate its relationships with law firms employing former regulatory officials. This decision stems from Armstrong’s assertion that certain regulatory actions taken against the crypto industry were unlawful. In his
Coinbase, the preeminent cryptocurrency exchange in the United States, recently found itself at the center of a storm following its decision to limit user access via Virtual Private Networks (VPNs). This move has generated significant backlash from the cryptocurrency community, raising critical questions about user privacy, security measures, and the implications of restricting VPN use
In a rapidly evolving crypto landscape, strategic partnerships can make or break organizations. SBI VC Trade, a subsidiary of Japan’s distinguished SBI Holdings, is solidifying its position through pivotal collaborations with the struggling DMM Bitcoin and the ambitious Metaplanet, marking a significant chapter in Japan’s blockchain journey. This article examines these alliances, the context behind
On December 2, Coinbase made headlines by announcing its integration with Apple Pay within the Coinbase Onramp service. This strategic move is set to drastically simplify the process for users eager to convert their fiat currency into cryptocurrencies. With a surge in digital asset interest, bringing Apple Pay—a payment solution with more than 60 million
The cryptocurrency space, particularly within the realm of blockchain technology, is a fast-paced and competitive environment. One of the latest notable disputes has erupted between Solana, a prominent blockchain platform, and Coinbase, one of the largest cryptocurrency exchanges in the world. Recently, many users in the Solana community observed significantly delayed transaction processing times on
In a significant development reported by Bloomberg News, a former senior executive at Binance, Amrita Srivastava, has brought forth serious allegations against the cryptocurrency exchange’s corporate governance. Srivastava claims that she was unjustly terminated from her position after she raised alarms regarding an alleged bribery scheme that involved one of her colleagues. This revelation has
Celo, a notable player in the blockchain landscape, has recently initiated a transition from its original Layer-1 architecture towards a Layer-2 network integrated within the Ethereum ecosystem, specifically within Optimism’s Superchain framework. However, the announcement surrounding this migration has been met with considerable pushback, particularly after the largest U.S.-based cryptocurrency exchange, Coinbase, declared it would
