Fidelity to beef up crypto unit by another 25% with 100 new hires
The Digital Assets division within Fidelity Investments will have around 500 total staff members by the first quarter of 2023, according to a spokesperson.
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USDC adoption is lagging outside of the United States: Coinbase
The exchange stated the stablecoin is purchased at three times the rate with U.S. dollars compared with other fiat currencies.
Coinbase Files Amicus Brief to Support Grayscale in Spot Bitcoin ETF Lawsuit Against SEC
Grayscale’s lawsuit against the SEC has started gaining traction as prominent names from the crypto industry rallied behind the asset manager. The latest one to chime in is Coinbase. The…
BTC Whale Transfers $940 Million Out of Coinbase — 3 Batches of ‘Sleeping Bitcoins’ From 2011 Move
On Tuesday, October 18, researchers from the crypto analysis platform Cryptoquant identified an outflow of 48,000 bitcoin coming from the trading platform Coinbase Pro. According to the researcher’s summary of…
Localbitcoins, Crypto.com, Other Providers Suspend Services for Russians Under EU Rules
Complying with the latest EU sanctions targeting Russia, well-known cryptocurrency platforms like Localbitcoins, Blockchain.com, and Crypto.com have started to restrict or terminate services for Russian accounts. The moves follow the…
Here’s Why Coinbase CEO Brian Armstrong Wants to Sell 2% of His Company Stake
The CEO of the US-based crypto giant said he wants to sell 2% of his entire stake in the company throughout the next several months. His intentions are to use…
Coin Center Sues US Treasury Over Tornado Cash Ban — Lawsuit Says Government’s Action ‘Was Unlawful’
The non-profit that focuses on policy issues facing cryptocurrencies, Coin Center, has filed a lawsuit against the Treasury department, the secretary of the Treasury Janet Yellen, and the Office of…
Coinbase Receives In-Principle Approval to Provide Crypto Services in Singapore
Singapore’s central bank, the Monetary Authority of Singapore (MAS), has given Coinbase “in-principle approval” allowing the crypto exchange to “offer regulated digital payment token products and services in the island…
Google Cloud Partners With Coinbase to Accept Crypto Payments, Drive Web3 Innovation
Google Cloud has announced a partnership with Coinbase to drive Web3 innovation that includes using the crypto exchange to accept cryptocurrency payments. “We are excited Google Cloud has selected Coinbase…
Google to Accept Crypto for Cloud Services: Partners with Coinbase
The US multinational tech giant said it chose Coinbase to allow certain customers to pay for cloud services starting next year. This will be enabled by integrating the Coinbase Commerce…
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