Coinbase Advanced trading activity surges in 2024: Report

Major South African exchanges have welcomed the central bank’s plans to regulate cryptocurrencies as financial assets. 281 Total views 30 Total shares South Africa’s Reserve Bank is set to begin regulating cryptocurrencies as financial assets in the next 18 months, with exchanges expecting the move to drive adoption in the country.The move to classify cryptocurrencies…

The surprising workforce optimism comes despite current regulatory uncertainty ahead of the US elections.

HSBC Bangladesh has completed the country’s first blockchain-powered cross-border trade settled using a letter of credit. 1957 Total views 36 Total shares The Bangladesh branch of global banking firm HSBC has conducted the country’s first blockchain-based letter of credit (LC) transaction on the Contour DLT platform.The transaction was used to settle the importation of 20,000…

Blockchain software technology company ConsenSys may reportedly be making significant cuts to its staff, technology news outlet the Verge reported Dec. 20.Citing a source familiar with the matter, the Verge reports that ConsenSys is spinning out startups it previously backed, some of them without financial support. This will reportedly impact the ConsenSys’ workforce, especially its…

American e-commerce giant Overstock.com has appointed Jonathan Johnson as the company’s new chief executive officer, according to an announcement on Sept. 23.Johnson has served as an interim CEO of Overstock since the end of August when Patrick Byrne stepped down. Presently, Johnson also acts as the company’s member of the board of directors, president at…

The Bahamian securities regulator clarified it directed FTX to move its digital assets to a wallet owned by the commission on Nov. 12. 243 Total views 7 Total shares The Securities Commission of The Bahamas (SCB) said it had ordered the transfer of all digital assets of FTX Digital Markets (FDM) to a digital wallet…

Crypto lending platform Nexo has been accused causing $5 million worth of client liquidations after suspending the use of XRP as collateral without warning in December. 1176 Total views 14 Total shares United States-based crypto lending platform Nexo is facing a class-action lawsuit over suspension of XRP services on Dec. 23, 2020. Lead plaintiff, California…

“The news this week has been shocking, but we’ve also seen the community come together,” said CCI CEO Sheila Warren. 636 Total views 9 Total shares United States-based exchange FTX US has left its position at the crypto advocacy group Crypto Council for Innovation, or CCI.In a statement to Cointelegraph on Nov. 10, CCI CEO…

The regulator alleged that Bit Trade — which is the provider for Kraken in Australia — did not make a target market determination before offering its margin trading product to Australian customers. 154 Total views 23 Total shares The Australian Securities and Investments Commission (ASIC) has commenced civil penalty proceedings against Bit Trade, the provider