Coinbase’s rumored plan to list their shares on a stock exchange appears to have sent crypto industry players buzzing about the potential benefits – and possible pitfalls – of the major crypto exchange going public. Yesterday, Reuters reported that Coinbase “could pursue the listing later this year or early next year.” Today, we received a…
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The Cryptoverse is in an uproar, arguing over money, hypocrisy, and morality. This comes after The US Small Business Administration (SBA) published the Paycheck Protection Program (PPP) data, per which dozens of blockchain and crypto-related companies have taken millions from the government in payroll loans. Per SBA’s website, PPP is a loan meant to provide…
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Torbjørn Bull Jenssen, CEO of Arcane Crypto. Source: a video screenshot, Youtube/TEDx Talks The Norwegian crypto-focused investment and research firm Arcane Crypto is eyeing a public listing on Sweden’s Nasdaq First stock exchange by the end of the year as they see ‘massive potential’ for the company. An update from the company on Thursday said…
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Chinese media outlets are reporting that Zhao Dong, the head of over-the-counter (OTC) and crypto lending platform RenrenBit and a prominent Bitfinex investor has been taken in for questioning by police. Per reports from media outlet BlockBeats and Chainnews, “rumors” are circulating in online communities about Zhao Dong, with many people claiming he has been…
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Japanese financial giant SBI Holdings has agreed a deal to buy a USD 30 million minority stake in Britain-based crypto player B2C2. The latter also says it will “launch a full prime brokerage for both crypto and other asset classes,” per its founder. According to Reuters, SBI has agreed to the deal in principle, and…
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Brian Brooks. Upon leaving the major crypto exchange Coinbase, Brian Brooks, now a US banking regulator, took with him millions of dollars. Brooks had served as Chief Legal Officer (CLO) of Coinbase between September 2018 and March 2020. He headed the legal, compliance, audit, investigations, and government relations functions for the company. Concurrently, for a…
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Private currency boards, as alternatives to central banks, might become a reality – bringing greater stability and economic freedom, according to Steve H. Hanke, a Professor of Applied Economics at the Johns Hopkins University, a prominent expert on hyperinflation, and a major currency board supporter. "Monetary instability poses a threat to free societies," said Read…
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Source: Instagram, Coinbase After several recent outages during periods of high volatility in the crypto market, major exchange Coinbase is once again receiving negative publicity about the crypto trading product it offers. Posting on Twitter on Thursday, the famous author, risk analyst, and ex-trader Nassim Taleb, called out Coinbase, asking “What’s going on with you?…
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Crypto enthusiasts will be asking themselves if they can already hear money printers going BRRR in some of the world’s biggest economies – after the European Central Bank (ECB) decided to double down on its emergency bond-buying in the wake of the coronavirus pandemic. Cryptocurrency advocates have been arguing that cash – already failing before…
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Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Exchanges news OKEx said they plan to open new offices in unspecified regions and they have already started recruiting "blockchain professionals" as the major exchange aims to double the Read more…
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