Coinbase, a leading U.S.-based exchange, has announced it will now allow remittance receivers in Mexico to cash out the funds received through its service in local currency. This marks the first foray of the company into the Mexican remittance business, allowing customers to cash out in more than 37,000 convenience stores and other locations in…
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On Wednesday, the publicly-listed cryptocurrency firm Coinbase announced the launch of a collaborative effort called TRUST, which stands for “Travel Rule Universal Solution Technology.” The plan is described as an “industry-driven solution” developed to comply with the Financial Action Task Force (FATF) Travel Rule. There are currently 18 crypto firms that have joined TRUST so…
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Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________… Read More: Colorado’s Crypto Move, Travel Rule & TRUST, Criminal Whales, Inflation in UK + More News Read more »Pay, Trade, Buy Bitcoin with Credit Card
Major US-based crypto exchange Coinbase said it plans to hire up to 2,000 employees this year, increasing its total workforce by around 70%. The firm aims to grow its Product, Engineering, and Design teams, according to L.J Brock, Chief People Officer of the company. Coinbase says it had over 2,780 employees at the end…
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The U.S. Securities and Exchange Commission (SEC) has charged cryptocurrency lending platform Blockfi in a first-of-its-kind action. The crypto lender has agreed to pay $100 million to settle the charges and pursue necessary registrations. SEC Charges Crypto Lending Platform Blockfi The U.S. Securities and Exchange Commission (SEC) announced Monday that crypto lending platform Blockfi has…
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While the price of bitcoin is 38% lower than its $69K price high three months ago, the amount of bitcoin on exchanges is at its lowest figure since April 2021. At the end of July last year, there was 2.59 million bitcoin held by crypto trading platforms, and today there’s only 2.36 million held by…
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Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________… Read More: USD 100M BlockFine, Indian Central Banker vs. Crypto, BTC & ETH Flows Changed + More News Read more »Pay, Trade, Buy Bitcoin with Credit Card
The 2022 Super Bowl was inundated with crypto ads as four crypto trading platforms and one decentralized autonomous organization (DAO) aired ads promoting the nascent industry. Reactions varied widely, but the majority in the crypto community seemed to be impressed with the ads by major crypto exchanges Coinbase and FTX. … Read More: Super Bowl…
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Major crypto exchange Coinbase experienced a volatile weekend with a vulnerability reported, a service paused and re-started, and its site crashing following what seems to have been a successful Super Bowl ad. Tree of Alpha, a pseudonymous white-hat hacker, notified Coinbase of a “potentially market-nuking” vulnerability on Friday. The exchange was fast to…
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Major crypto businesses including FTX, eToro, Crypto.com and Coinbase debuted crypto ads in Super Bowl 2022. Super Bowl commercials have always been an intrinsic part of the annual National Football League (NFL) championship and for business, a fair sign of making it in the real world. This year, however, marked a new milestone for the…
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