In a significant move to bolster compliance within the digital asset ecosystem, Coinbase’s Travel Rule Universal Solution Technology (TRUST) has announced the launch of TRUSThub. This innovative platform is specifically designed to facilitate secure data sharing among Virtual Asset Service Providers (VASPs), as detailed in a statement released on December 5. By addressing the challenges
Exchanges
Woori Technology, a prominent venture capital firm in South Korea, is navigating a pivotal moment as it contemplates the sale of its stake in Dunamu, the driving force behind Upbit, the country’s leading cryptocurrency exchange. Back in 2015, Woori made a significant investment of 5.5 billion KRW, acquiring an unspecified share in Dunamu, which has
In today’s increasingly digital landscape, Virtual Private Networks (VPNs) have emerged as a critical tool for online privacy and security. They encrypt user data, obscure IP addresses, and create secure connections to remote servers. The necessity of such measures has been amplified by the rise of cyber threats and the growing concern over governmental surveillance.
In a recent declaration that underscores the ongoing friction between the cryptocurrency industry and regulatory bodies, Coinbase CEO Brian Armstrong declared that the exchange would terminate collaborations with law firms that employ former regulators who participated in what he considers detrimental enforcement actions against the crypto sector. Armstrong’s pronouncement, made public on December 3, has
In a significant move within the evolving landscape of cryptocurrency, SBI VC Trade, a subsidiary of Japan’s established financial entity SBI Holdings, has forged new alliances with two key players: DMM Bitcoin and Metaplanet. This maneuver underscores SBI Holdings’ dominant position in Japan’s financial ecosystem and its relentless pursuit of blockchain innovation. As we delve
Coinbase, a prominent player in the cryptocurrency exchange landscape, made headlines on December 2 with its announcement of integrating Apple Pay into its Coinbase Onramp service. This collaboration is poised to significantly enhance the accessibility of cryptocurrency for both new and experienced users. By leveraging Apple Pay’s extensive user base, which boasts over 60 million
Recently, the Solana blockchain community has emerged at the forefront of attention, primarily due to contention surrounding transaction delays on the Coinbase platform. Users have reported alarming wait times, with transactions taking as long as 45 minutes—a stark contrast to the expedited transaction times seen on competing networks, such as Algorand, Arbitrum, and Avalanche. As
In a revealing case that highlights the complexities of corporate ethics and employee rights, Amrita Srivastava, a former executive at Binance, has brought forth serious allegations against the cryptocurrency exchange. According to reports from Bloomberg News, Srivastava claims she was wrongfully terminated in retaliation for raising concerns about a colleague’s purported bribery scheme. This situation
Celo, a notable Layer-1 blockchain with aspirations for higher scalability, has recently encountered significant turmoil surrounding its proposed transition to an Ethereum Layer-2 environment within Optimism’s Superchain. Following the announcement on November 27, 2023, by Coinbase—one of the largest cryptocurrency exchanges in the United States—that it would not be supporting Celo’s migration, the market responded
Cboe Global Markets is poised to revolutionize cryptocurrency trading with the introduction of cash-settled options based on spot Bitcoin (BTC). Scheduled for rollout on December 2, 2023, these options represent a significant milestone for investors seeking exposure to Bitcoin’s price dynamics without necessitating direct ownership of the cryptocurrency. This initiative comes in the wake of
