Coinbase’s Chief Legal Officer (CLO), Paul Grewal, expressed dissatisfaction with the U.S. Securities and Exchange Commission’s (SEC) legal filing on January 30. Grewal took to X to share his thoughts, stating, “Below is the administrative record of [the SEC’s] decision rejecting our petition for digital assets rules. See for yourself whether it’s even close to
Exchanges
In a recent email statement to CryptoSlate, a Binance representative confirmed the platform’s latest development – allowing institutional investors to secure their trading collateral through a third-party banking partner. This new solution, known as a “banking triparty” arrangement, is a result of two years of extensive development. Its primary objective is to address the significant
Despite Bitcoin experiencing a 20% decline from its year-to-date high, it is important to gain a broader perspective on its performance and compare it to the tokens listed in the Coinbase and Binance lawsuits. Both exchanges are currently entangled in legal battles in the United States, with the focus being on whether the crypto assets
Coinbase, one of the leading cryptocurrency exchanges, has recently announced its plans to diversify its execution clients due to concerns over the dominance of go-Ethereum (Geth). This move comes as Coinbase acknowledges the growth in the industry and aims to mitigate the potential risks associated with relying heavily on a single execution client. Coinbase Cloud,
Digital asset service provider Gemini has recently obtained registration from the Autorité des Marchés Financiers (AMF), the French financial markets regulator, enabling it to offer its services to retail and institutional customers in France. This milestone not only allows Gemini to cater to the French market but also grants its users access to a wide
Coinbase Prime, the crypto platform specifically designed for institutional investors, trusts, and high-net-worth individuals, has witnessed a significant surge in trading activity after the launch of U.S. spot Bitcoin ETFs. In a recent analysis by CryptoSlate, it was identified that a hot wallet at Coinbase Prime has emerged as the top player in the Bitcoin
The recent announcement by Gemini regarding the approval of a spot Bitcoin exchange-traded fund (ETF) in the U.S. has been described as a game-changer for the crypto futures market. This development is expected to bring significant benefits to the market, including increased liquidity and a more diverse participation. In this article, we will explore the
The Indian cryptocurrency market has recently witnessed a significant development – the removal of various cryptocurrency exchange applications from Apple’s Indian App Store. This move has created considerable upheaval among crypto enthusiasts and raises questions about the future of digital currencies in India. Apple’s Stringent Stance on Crypto The deletion of crypto-related applications, including Binance,
The approval of a spot Bitcoin ETF has sparked a debate on whether crypto exchanges would need to revisit their pricing structures, considering the relatively low fees charged by some of the well-known players in the market. However, concerns have been raised about the sustainability of offering such low fees by Caitlin Long, a representative
Recently, Iranian cryptocurrency exchange Bit24.cash found itself in hot water after claims emerged that it had exposed the personal information of its platform users. According to Cybernews researchers, a security flaw in the platform resulted in the unintended exposure of users’ Know Your Customer (KYC) data, including IDs, passports, and credit card details. The data
