Preparations for a Coinbase Initial Public Offering are in full swing, sources report. Coinbase, Inc. is reportedly preparing for a U.S. stock market listing that could come this year, according to Reuters reporting. According to Reuters sources, preparations for a listing are underway but still need the green light from the Securities and Exchange Commission. […]
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The Cardano Foundation has warned that a suspicious firm is trying to rake in investments by claiming contact with the foundation. The Cardano Foundation — the organization behind major cryptocurrency Cardano (ADA) — warned that a suspicious firm is trying to rake in investments by claiming it has contacts with the foundation. On July 9, […]
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The Texas State Securities Board has successfully shut down the operations of an illegal cryptocurrency investment scheme. The Texas State Securities Board has shut down the activities of a South African multi-level marketing scheme involving cryptocurrency investments in the state. In a recent statement, Securities Commissioner Travis J. Iles said that the company has duped […]
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In response to the COVID-19 pandemic, the CFTC is changing up the format for its annual Fintech Forward conference. On July 9, LabCFTC, the fintech office of the Commodity Futures Trading Commission, announced that it will replace its annual one-day Fintech Forward conference with three separate online sessions under the series title Empower Innovation 2020. […]
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The founder of blockchain security company Quantstamp, Richard Ma, said security is the biggest challenge for DeFi’s growth. Richard Ma, the CEO and co-founder of the blockchain security startup Quantstamp, explained that decentralized finance has the potential to change our financial ecosystem but security remains a huge challenge. “We think security is very crucial for […]
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Growing belief in Bitcoin following gold higher contrasts with chart analysis, which shows multiple weaknesses remain. Bitcoin (BTC) is preparing to copy gold as it aims for all-time highs, according to an exchange amid fresh warnings that a correction is due. In a tweet on July 9, LATOKEN highlighted the increasingly “correlated” relationship between the […]
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The Malaysian authority that oversees compliance with Islamic law in finance has permitted digital asset trading. In a landmark announcement, Securities Commission Malaysia’s Shariah Advisory Council declared that digital assets trading was permissible. The Malaysian Shariah Advisory Council is the authority that oversees the implementation of Islamic laws in the operation of Islamic Financial Institutions. […]
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Over $16 million worth of KNC have been staked within 24 hours of Kyber launching the service. $16.7 million worth of decentralized finance (DeFi) liquidity protocol Kyber Network’s KNC token have been locked up in staking within 24 hours of the service’s launch. The milestone was noted by Kyber co-founder Loi Luu, who tweeted to […]
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Stablecoin issuer Centre has confirmed they froze an Ethereum address holding $100,000 USDC at the request from law enforcement. Centre, the company that issues the stablecoin USD Coin (USDC) has blacklisted an Ethereum address holding $100,000 in USDC in response to a law enforcement request. In the first of its kind, the address had a […]
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Brave has found a major partner in Japan to explore the growing Japanese market with. BitFlyer, the biggest crypto exchange in Japan in terms of trading volume, has announced a partnership with Brave, the privacy-protecting browser. According to the announcement, BitFlyer and Brave will develop “a crypto asset wallet for Brave browser users”. No further […]
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