Payments company Curve bids for BlockFi’s 87,000 credit card customers
A Curve spokesperson has confirmed they have been in negotiations to acquire BlockFi's credit card program's customers since Nov. 12.
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Coinbase Dismisses 60 People due to the Intensifying Crypto Winter (Report)
The US-based cryptocurrency exchange – Coinbase – reportedly reduced its team by 60 people following the FTX saga and the consecutive plunge of the market. Chief Financial Officer Alesia Haas…
Unclear regulations drove 95% of trading activity offshore: Coinbase CEO
The U.S. regulators are currently investigating FTX.US, Coinbase and Binance in the wake of the collapse of the FTX global crypto exchange.
Stablecoin Giants Tether, Circle Disclose Financial Relationship With FTX, Alameda
Amid the chaotic meltdown, asset movement from Circle to FTX surfaced. It was also reported that Alameda could be the second-largest issuer of Tether. CEO of USDC issuer, Jeremy Allaire,…
Elephant in the Room: FTX Troubles Force Exchange Executives to Talk About Proof-of-Reserves
On Nov. 9, 2022, a day after the news broke regarding Binance planning to purchase the exchange FTX, the crypto economy dropped 11.17% in 24 hours. The crypto economy has…
Crypto Market Rout Fuels Global Exchange Volumes — Kraken, Coinbase Report Connectivity and Latency Delays
Amid the market carnage on Tuesday, Nov. 8, the top ten cryptocurrency exchanges have seen trade volumes soar. During the 24-hour period on Tuesday, the top five exchanges alone recorded…
Why Coinbase Won’t End Up Like FTX: Brian Armstrong
Coinbase CEO Brian Armstrong argued on Tuesday that his exchange isn’t vulnerable to the sort of fallout suffered by FTX this week. He said the “event” surrounding FTX appears to…
Coinbase and Kraken experience limited services amid markets turbulence
They are reportedly facing latency issues due to the high level of new user sign-ups and transfers to the platform.
Germany’s financial regulator orders Coinbase to address ‘business organization’ practices
In effect since Oct. 27, BaFin’s order referred to Coinbase’s Germany arm outsourcing some operations “essential for conducting banking business or providing financial services.”
Investors increasingly confident of Ripple’s victory over SEC: CoinShares
XRP investment products have seen a third consecutive week of inflows, suggesting investors may be increasingly confident of Ripple's victory.
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