Category: Exchanges

Former Coinbase Manager’s Brother Pleads Guilty in Cryptocurrency Insider Trading Case – Regulation Bitcoin News

boss

The brother of a former Coinbase product manager has pleaded guilty in a cryptocurrency insider trading case. According to the U.S. Department of Justice (DOJ), he is facing up to 20 years in federal prison. DOJ’s First Crypto Insider Trading Case The U.S. Department of Justice (DOJ) announced Monday that Nikhil Wahi, the brother of a former product manager at Coinbase Global Inc. (Nasdaq: COIN), “pled guilty to one count of conspiracy to commit wire fraud in connection with a scheme to commit insider trading in cryptocurrency assets.” The DOJ…

Wall Street mainstays setting up digital assets exchange with on-chain settlement

boss

Major financial firms have teamed up to create EDX Markets (EDXM), a new exchange that will trade digital assets through trusted intermediaries. The exchange will provide services to institutional and retail investors.  The new exchange will be backed by Charles Schwab, Citadel Securities, Fidelity Digital Assets, Paradigm, Sequoia Capital and Virtu Financial, according to an announcement released on Tuesday. Jamil Nazarali has moved from Citadel Securities, where he was global head of business development, to the exchange as its CEO. The EDXM board of directors, made up of representatives of…

Wall Street mainstays setting up digital assets exchange with on-chain settlement

boss

Major financial firms have teamed up to create EDX Markets (EDXM), a new exchange that will trade digital assets through trusted intermediaries. The exchange will provide services to institutional and retail investors.  The new exchange will be backed by Charles Schwab, Citadel Securities, Fidelity Digital Assets, Paradigm, Sequoia Capital and Virtu Financial, according to an announcement released on Tuesday. Jamil Nazarali has moved from Citadel Securities, where he was global head of business development, to the exchange as its CEO. The EDXM board of directors, made up of representatives of…

Binance Sued in Italy Over Exchange Outages, Hearing This Week

boss

Binance was also offering futures trading to Italian customers without regulatory approval and without complying with local laws, Dagnino said, addressing the other allegation against Binance. “It is absolutely clear that when you are selling a future, especially with that type of leverage, it doesn’t matter what the underlying asset is, it’s always a derivative and always a financial product,” Dagnino said. Source

Blockchain.com Lists TRX in Its Wallet and Exchange

boss

September 13, 2022 – Geneva, Switzerland Blockchain.com has listed TRON’s native utility token TRX on its platform. Multiple incentive programs will be featured, including one that allows users to earn up to eight percent in annual rewards for users who hold their TRX in a Blockchain.com rewards account. TRX is available to send, receive, buy, sell, swap and earn rewards in the Blockchain.com wallet and to deposit, trade and withdraw on the Blockchain.com exchange, making TRX more accessible for people to use worldwide. With this addition, Blockchain.com is striving to…

Indian Authorities Unfreeze Wazirx’s Bank Accounts, the Crypto Exchange Says – Exchanges Bitcoin News

boss

India’s Enforcement Directorate (ED) has unfrozen the bank accounts of cryptocurrency exchange Wazirx, the company said. The accounts were frozen as part of the federal agency’s investigation into 16 fintech companies and instant loan apps. Wazirx Says Its Bank Accounts Are Now Unfrozen Indian cryptocurrency exchange Wazirx said Monday that the Enforcement Directorate (ED), the law enforcement and economic intelligence agency of the government of India, has unfrozen its bank accounts. The company explained that the ED has been investigating 16 fintech companies and instant loan apps. While emphasizing that…

Cryptocurrency is picking up as an instrument for tyranny

boss

Proponents paint Bitcoin (BTC) and other cryptocurrencies as antidotes to totalitarian governments and central banks. Simultaneously, international corporations and startups alike have designed blockchain platforms and products that could be used on behalf of totalitarian governments and central banks.  Microsoft body activity data One example is Microsoft, which applied for a patent for a cryptocurrency system using body activity data. As part of the cryptocurrency mining process, the cryptocurrency system gives a task to your device, instructing you to complete a “human body activity.” A sensor in the user’s device…

Crypto Exchange Huobi to Delist 7 Privacy Coins, Including Zcash, Monero

boss

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity…

MicroStrategy to Sell $100 Million Worth of Stock to Acquire More Cryptocurrency

boss

Software company MicroStrategy (MSTR), which has transformed into a corporate bitcoin (BTC) vault, intends to sell up to $500 million worth of stock to finance additional cryptocurrency purchases. The stock offering, which will be used for “general business purposes such as the acquisition of bitcoin”, was disclosed in the filing with the Securities and Exchange Commission. This is a first concrete proof that founder Michael Saylor still insistent on his goal to transform MicroStrategy into the crypto proxy, despite his recent resignation as CEO to focus on bitcoin acquisitions. He…