The crypto sector, thriving in several parts of the world, was struck with several hack and scam attacks this year. Even a couple of days before the industrially quaky year of 2022 ends, news and warning around crypto crimes have made it to the headlines. This week, the private API…
Coinbase, the crypto exchange headquartered in the US, is expecting to imprint on the European market. The company has hired Cormac Dinan, the ex-general manager of the CryptoCom exchange to take up the job of Coinbase’s director in Ireland. Dinan is among the total of five new hirings, that Coinbase…
A new cryptocurrency wallet called Mara is ready for launch in the African markets of Kenya and Nigeria. This digital wallet is backed by Coinbase Ventures and Alameda Research, a Hong-Kong based private equity firm founded by Sam Bankman-Fried, the CEO of FTX crypto exchange. Mara is a digital financial…
Coinbase has found itself in legal trouble after blockchain-based software firm Veritaseum Capital filed a lawsuit in the US District Court in Delaware. Alleging that Coinbase has infringed on one of its patents, Veritaseum has asked for $350 million (roughly Rs. 2,850 crore) in damages. The patent in question is…
Institutional clients of Coinbase Prime based in the US will now be able to stake ETH on the platform, with funds secured in the firm’s cold storage vault. Staking allows investors to earn a yield on their cryptocurrencies by committing them to a pool of assets, which helps support the…
Brian Armstrong, the CEO of one of world’s largest crypto exchanges — Coinbase, addressed a rather unpleasant event that his firm recently encountered in India. Days after launching a UPI-based crypto-buying feature in India, Coinbase had to suspend it because the government denied to recognise the move. Armstrong said, Coinbase…
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