Tue, February 11

Bank of America Allegedly Closes Crypto Purchasing Bank Account

On Wednesday, Muneeb Ali, co-founder of Stacks, a Bitcoin layer for smart contracts, disclosed on Twitter that Bank of America (BOFA) had abruptly cancelled his bank account of 15 years without providing an explanation. He thinks the account was closed because he used it to buy crypto using Coinbase. Coinbase

July 16, 2023 2 mins read

Cathie Wood Dumps Coinbase Shares; Buys Meta & Robinhood Stocks

As Coinbase stock prices near a 52-week high, Ark Invest, the investment management business run by Cathie Wood, has liquidated some of its holdings in the company. After acquiring millions of dollars’ worth of Coinbase shares during the bear market, Ark Invest sold off part of its holdings twice this

July 15, 2023 2 mins read

FTX’s Former CEO SBF Seeks Visitation Privileges Without Security

The solicitors for Sam Bankman-Fried (SBF) asked Judge Lewis Kaplan for permission to have specific visitors see their client without going through security checks. Despite being permitted to live with his parents, the former FTX CEO is subject to several constraints. If he has visitors over, a security guard must

July 15, 2023 2 mins read

Binance Celebrates Sixth Anniversary; CEO Changpeng Zhao Delivers Key Note

Today marks Binance’s sixth anniversary. To mark the occasion, the founder and CEO of the world’s largest exchange Changpeng Zhao (CZ), has reflected on a number of moments in the platform’s history. The company’s chief executive said in a statement that Binance began operations in 2017 as a crypto-to-crypto exchange supporting five currencies

July 14, 2023 3 mins read

Binance Promotes Eleanor Hughes to the Position of General Counsel

After the departure of Han Ng, Binance hired Eleanor Hughes to fill the position of general counsel. Last week, not only Ng, but also the chief strategy officer of Binance Patrick Hillmann, and the senior vice president of compliance at the cryptocurrency exchange, Steven Christie, resigned from their positions, leading

July 13, 2023 1 min read

Coinbase vs SEC Lawsuit: Court Room Hearings Begin

Coinbase, the second largest cryptocurrency exchange, and the U.S. Securities and Exchange Commission (SEC) entered the courtroom today for the first time as part of the SEC’s lawsuit against the crypto exchange. The outcome of this legal battle holds implications not only for Coinbase but also for the global crypto

July 13, 2023 2 mins read

Cathie Wood Led Ark Invest Sells $12M Worth of Coinbase Shares

Ark Invest, the investment management business run by Cathie Wood, sold Coinbase (COIN) shares on Tuesday as the price hit a new high for the year. Shares of Coinbase remained rising when several spot Bitcoin ETF applicants picked Coinbase as its surveillance-sharing partner, despite a lawsuit from the US Securities

July 12, 2023 1 min read

Crypto.com App Now Offers On-chain Staking

In select markets, the Crypto.com App now offers on-chain staking, which it recently announced. Users may get rewards while actively supporting the project they back through on-chain staking. On-chain Staking Explained By locking up their tokens and aiding in network security via staking, individuals may take part in a specific Proof

July 10, 2023 1 min read

Users Buying Cryptocurrencies at Huge Discounts on Binance U.S

There is a discount of around $2600 and $150, respectively, on the global spot price of Bitcoin and Ethereum, which are now trading near $27,500 and $1700 on the Binance U.S exchange. Following the US SEC lawsuit and the suspension of USD deposits and withdrawals, USDT has remained depegged to

July 10, 2023 1 min read

Blockonomics Empowers Global Merchants Through Decentralized Finance

In the rapidly evolving world of cryptocurrencies, centralized services and stringent regulations frequently overshadow the original vision of decentralization. Despite this, Blockonomics stands out as one of the few payment gateways that adheres to the decentralized ethos of cryptocurrencies. What is the issue? Bitcoin (BTC), the first cryptocurrency, was created

July 10, 2023 4 mins read