In a recent announcement, Coinbase, the biggest cryptocurrency exchange in the United States, said it will list Sui (SUI) on its trading platform. The company’s primary concept is to deliver reliable crypto assets to its retail consumers and to further strengthen the usage of Web3. This announcement is a direct
Bitget, a crypto derivative exchange, has released the transparency report for Q1 2023. The report includes the major achievements, new listings, and general traction that Bitget made in Q1 2023. According to the report, Bitget’s feature trading volume has witnessed an increase of 27% quarter-over-quarter to reach $658 billion. And
The Crypto.com DeFi Wallet was integrated with Crypto.com Pay, earlier in January, allowing customers to effortlessly and securely buy cryptocurrency using Crypto.com Pay using their credit or debit card. The organization is excited to report that the Crypto.com DeFi Wallet has improved this integration in a number of ways, making it simpler for consumers
Since the SEC denied the need for clarification on crypto regulations in a court filing on Monday, the cryptocurrency exchange Coinbase has shifted its focus to Singapore. Due to the ambiguity of cryptocurrency laws in the United States, Coinbase CEO Brian Armstrong is contemplating relocating the company’s headquarters to the
Tron’s founder and a major player in the cryptocurrency industry, H.E. Justin Sun, has revealed a major problem with the distribution of Huobi Tokens (HT) in a tweet. According to Sun, millions of HT tokens were given away to Li Wei. The brother of Leon Li, the HT DAO’s founder,
The U.S. Department of Justice (DOJ) will target crypto exchanges that engage in or allow criminal activity, such as money laundering. Moreover, the illicit transaction rate has surged up to $20 billion in 2022, which is an increase of 40% from 2021. On Monday, the Financial Times reported that the
Coinbase has been quite vocal recently against US regulators. With the increased scrutiny of the crypto industry by the SEC, there has been regulatory uncertainty in the US. While crypto players have been demanding a fair game with clearer regulations, it seems to be a never-ending battle. According to the
Paradigm, an existing investor in Coinbase, has invested another $50 million in the exchange by purchasing more shares. Paradigm co-founder Fred Ehrsam disclosed the acquisition of shares to the U.S. Securities and Exchange Commission (SEC) on Thursday. In addition to his role as a board member at Coinbase, Ehrsam was
As a result of the government’s assault on cryptocurrencies, Binance has found it difficult to operate in the US market. It has recently begun lobbying to be regulated in the UK. Binance’s chief strategy officer, Patrick Hillmann, said while speaking at Financial Times’ Crypto and Digital Assets Summit that the
The U.S. Chamber of Commerce has come out in favor of Coinbase, the largest cryptocurrency exchange in the United States, in its efforts to clarify regulations from the Securities and Exchange Commission (SEC). The Chamber of Commerce, according to court documents, has filed an Amicus Brief in support of Coinbase’s
