One River Digital raises $41M from Goldman Sachs and Coinbase
One River Digital secures the first-ever raise to scale its crypto-focused institutional investment efforts. Go to Source Powered by WPeMatico
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Coinbase Abandons Plan to Launch Lend Program After SEC Threatens Lawsuit
The Nasdaq-listed cryptocurrency exchange Coinbase has dropped its plan to launch a lending program after the U.S. Securities and Exchange Commission (SEC) threatened to sue the company. Coinbase Will Not Launch Lending Program Coinbase announced Friday that it has decided not to launch the Lend program. The exchange wrote: Our goal is to create great … Read more
Following SEC notice, Coinbase abandons plan for crypto lending program
The exchange hinted at difficulties in regulatory clarity across the crypto industry in its decision to not bring its Lend product to the market. Go to Source Powered by WPeMatico
Bitcoin extends slide below $43K as Binance’s BTC stash grows to May-crash levels
Bitcoin has been leaving Coinbase’s wallets in 2021 while BTC exchange reserves on Binance tell a different story. Go to Source Powered by WPeMatico
Shiba Inu (SHIB) jumps 40% on Elon Musk’s cryptic endorsement, Coinbase listing
Nonetheless, the Dogecoin-knockoff token was down by more than 80% from its record high of $0.00005. Go to Source Powered by WPeMatico
Coinbase Files to Offer Cryptocurrency Futures and Derivatives Trading
Cryptocurrency exchange Coinbase has filed an application with the National Futures Association (NFA) to offer futures and derivatives trading on its platform. The exchange says its new offerings aim to “Further grow the cryptoeconomy.” Coinbase Registers to Offer Crypto Futures and Derivatives Trading Coinbase Global Inc. (Nasdaq: COIN) announced Wednesday via Twitter that it has … Read more
Coinbase applies to trade crypto futures
If Coinbase gets approval from the National Futures Association, it will then need to register with the Commodity Futures Trading Commission to get the green light. Go to Source Powered by WPeMatico
US Senator Warren Presses SEC to Address Crypto Exchange Outages, High Transaction Fees, Financial Inclusion
At the U.S. Senate Banking Committee hearing Tuesday, Senator Elizabeth Warren called on the chairman of the Securities and Exchange Commission (SEC), Gary Gensler, to increase oversight of cryptocurrency. She brought up several problems she associates with cryptocurrency that could hurt small investors. Senator Elizabeth Warren Says ‘There’s a Whole List of Problems With Crypto’ … Read more
Coinbase increases junk bond offering to $2B after investors swarm
Coinbase has sold $2 billion worth of corporate bonds in an offering that saw $7 billion worth of bids placed. Go to Source Powered by WPeMatico
New report reveals top-graded exchanges at three-year peak volume dominance
The CryptoCompare report ranked the performance of several crypto exchanges across metrics such as security and asset diversity to conclude their findings. Go to Source Powered by WPeMatico