Jared Ferguson, a New York resident, is suing Coinbase for $96,000 worth of stolen cryptocurrency from his Coinbase wallet. He claims that the company is responsible for the theft and filed a complaint in San Francisco’s U.S. District Court on…
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Empowering Crypto Investors: Binance Joins Forces with Law Enforcement in Powerful Anti-Scam Campaign
Binance, one of the world’s largest cryptocurrency exchanges, has announced a joint anti-scam campaign with law enforcement agencies to crack down on fraudulent activities in the cryptocurrency industry. The campaign is aimed at educating users on how to identify and…
Robinhood Launches Crypto Wallet for iOS with Support for Bitcoin, Ethereum, Dogecoin, SHIB, and Polygon
Robinhood, the popular trading app, has announced the launch of a cryptocurrency wallet for iOS users supporting six crypto tokens, including Bitcoin, Ethereum, Dogecoin, SHIB and Polygon (MATIC) tokens. This move is part of Robinhood’s efforts to expand its offerings…
Bitcoin and Ethereum are here to stay- Circle CEO Jeremy Allaire
The Wall Street Journal has reported that the SEC is investigating whether stablecoin issuance violated investor protection laws, marking the latest hit to an industry that has been rattled by layoffs and bankruptcies. Stablecoins are digital tokens that are pegged…
Coinbase launches “Crypto435” campaign to grow crypto advocacy and to make your voice heard
Coinbase announce’s the launch of Crypto435, a grassroots campaign aimed at promoting pro-crypto policies. It is the perfect opportunity to sway opinions in all 435 Congressional Districts across the United States, and now is the time to act.’ Link to…
Banking regulators would be better for overseeing stablecoins than the SEC – Circle’s CEO
According to the Jeremy Allaire, CEO of Circle, banking regulators would probably be more effective in providing oversight for stablecoins. He also expressed his general agreement with the SEC’s proposal for a qualified custodian. During an interview with Bloomberg yesterday,…
Binance Braces for Potential Fines from US Regulators
In the past few weeks, there have been several notable regulatory actions targeting the crypto industry. These include the UK’s Financial Conduct Authority (FCA) banning Binance from operating in the UK, China’s intensified crackdown on mining and trading, the US Securities…
Crypto Industry is Under Siege by Regulators
Crypto has always been under attack from the day it was created. It has survived despite the odds due to the support of users who believe in financial freedom. The U.S. government is currently using several tactics in its arsenal in…
Former Coinbase Executive Admits to Insider Trading Scheme
A former product manager of Coinbase Global Inc., Ishan Wahi, pleaded guilty in what is being considered the first-ever insider trading case related to cryptocurrency. The 32-year-old appeared in a federal court in Manhattan and pleaded guilty to two counts…
Billionaire Investor Mike Novogratz Says Not All Crypto Exchanges Are Criminal Like FTX
According to Mike Novogratz, CEO of the cryptocurrency investment firm Galaxy Digital, not all cryptocurrency exchanges are run like the now-defunct FTX. Novogratz stated that not all cryptocurrency platform managers are out to steal users’ money in an interview with…