In a landmark move that signifies the growing integration of traditional finance and the cryptocurrency sector, Singapore-based Crypto.com has unveiled a partnership with Deutsche Bank. Announced on December 10, this collaboration is poised to elevate Crypto.com’s corporate banking capabilities, which is a crucial step in its mission to expand globally. By focusing on key markets
Exchanges
In the wake of heightened activity sparked by the recent US presidential election, Coinbase, one of the leading cryptocurrency exchanges, has found itself in hot water due to allegations surrounding account restrictions. On December 8, the company took to social media to dismiss these allegations, labeling them as misinformation and “fear, uncertainty, and doubt” (FUD).
In a landscape marked by rapid digitization and regulatory scrutiny, the cryptocurrency industry faces increasing pressure to comply with international standards. Answering this need is TRUSThub, a groundbreaking platform launched by the Coinbase-led Travel Rule Universal Solution Technology (TRUST). Announced on December 5, TRUSThub aims to transform the way Virtual Asset Service Providers (VASPs) manage
Woori Technology, a prominent venture capital firm in South Korea, is currently contemplating the sale of its equity stake in Dunamu, the parent organization of the Upbit cryptocurrency exchange. Upbit holds the distinction of being the largest crypto trading platform in South Korea, thus making any changes in ownership structure particularly noteworthy. The announcement comes
The ongoing tussle between privacy and security in the cryptocurrency ecosystem has recently intensified due to Coinbase’s decision to limit user access through Virtual Private Networks (VPNs). As the largest cryptocurrency exchange based in the United States, Coinbase’s choice has sparked uproar within the crypto community, revealing a significant divide between user privacy rights and
In a significant statement that has stirred conversations within the crypto community, Coinbase CEO Brian Armstrong declared a radical reorientation of the company’s legal strategies. On December 3, Armstrong took to social media to announce that Coinbase would be cutting ties with any law firms that engage former regulatory officials linked to what he termed
In a pivotal development for the cryptocurrency space, Coinbase has announced the integration of Apple Pay into its Coinbase Onramp service as of December 2nd. This integration aims to significantly enhance the user experience by simplifying the process of converting fiat currency into cryptocurrencies. With Apple Pay boasting over 60 million active users in the
In the rapidly evolving world of cryptocurrencies, SBI VC Trade, a subsidiary of the esteemed SBI Holdings from Japan, continues to redefine its operational strategies to assert its presence in the blockchain sector. SBI Holdings, a titan in internet banking and blockchain technologies, boasts a substantial asset pool exceeding $190 billion as of March 2024.
Recently, the Solana blockchain community has found itself embroiled in a heated debate regarding transaction delays linked to Coinbase. Users expressed dissatisfaction on social media, sharing experiences where transactions took nearly 45 minutes, a concerning lag compared to other blockchain networks like Base, Algorand, and Arbitrum. Such delays can cripple the seamless flow of operations
The tech industry’s rapid expansion often leads to ethical dilemmas, as evidenced by the recent allegations made by Amrita Srivastava, a former senior executive at Binance. In a shocking turn of events, Srivastava has accused her former employer of retaliatory dismissal after she raised concerns regarding a bribery scheme involving a colleague. Her claims highlight