In a significant development for the cryptocurrency sector, Singapore-based Crypto.com has announced a strategic partnership with Deutsche Bank to bolster its corporate banking capabilities. This collaboration, revealed on December 10, represents a vital step in Crypto.com’s mission to enhance its operational efficacy and broaden its presence on the global stage. By focusing on key markets
Exchanges
Coinbase, one of the leading cryptocurrency exchanges, has recently faced scrutiny following a surge in account restrictions. This issue has been particularly evident after the US presidential election, coinciding with an alarming increase in fraudulent activity on the platform. In a post dated December 8, shared on the social media platform X (formerly known as
In a significant development for the cryptocurrency landscape, the Coinbase-led Travel Rule Universal Solution Technology (TRUST) has announced the launch of TRUSThub, a groundbreaking platform aimed at enhancing data sharing protocols among Virtual Asset Service Providers (VASPs). Officially announced on December 5, the initiative seeks to address a critical need for improved compliance measures, particularly
Woori Technology, a notable venture capital firm based in South Korea, is reportedly contemplating the sale of its investment stake in Dunamu, the entity that operates the Upbit cryptocurrency exchange. Upbit holds the distinction of being the largest cryptocurrency trading platform in South Korea, making this potential sale significant within the evolving crypto landscape. Originally,
In an increasingly contentious relationship between the cryptocurrency industry and regulatory agencies, Coinbase’s CEO, Brian Armstrong, has taken a bold stance against law firms that engage former regulators linked to actions that he deems detrimental to the crypto landscape. On December 3, Armstrong made a significant announcement via social media, declaring that Coinbase would terminate
Coinbase, a pivotal player in the cryptocurrency exchange sector, has stirred controversy over its recent advisories regarding the use of Virtual Private Networks (VPNs) by its users. This move, perceived by many as an attack on privacy rights, has prompted a wave of backlash from the crypto community. The core of the issue lies in
In a significant move towards enhancing user accessibility, Coinbase has announced the integration of Apple Pay into its Coinbase Onramp service. This strategic update, disclosed on December 2, is poised to simplify the way users can convert their fiat currency into cryptocurrency, ultimately transforming a traditionally complex process into a more streamlined and user-friendly experience.
SBI VC Trade, a notable offshoot of the esteemed SBI Holdings from Japan, continues to assert its dominance in the realm of blockchain technology and cryptocurrency. With SBI Holdings claiming a staggering $190 billion in assets as of March 2024, the firm’s commitment to advancing financial innovation through strategic collaborations is evidently unwavering. The latest
Recently, the Solana blockchain community has been embroiled in concerns regarding transaction delays experienced on Coinbase, a prominent cryptocurrency exchange. Solana users took to the social media platform X to report that their transactions were taking an astonishing 45 minutes to process. This stark contrast was particularly alarming as it vastly exceeded processing times for
In a striking turn of events, a former high-ranking executive from Binance has purportedly faced retaliation for raising alarm bells about alleged unethical practices within the company. Amrita Srivastava, who worked remotely on Binance’s Link platform and was based in London, asserts she was unfairly dismissed following the revelation of a colleague’s purported bribery scheme.
