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Coinbase and HTX Among Six Crypto Platforms Facing Restrictions in Kazakhstan

Kazakhstan is moving to restrict access to six unlicensed crypto platforms after a court-backed action by the Astana Financial Services Authority (AFSA). On September 15, the Astana International Financial Center (AIFC) Court granted AFSA’s claims against the operators of BingX, Bitcoin.com, Huobi Global (HTX), BitMart, Coinbase and WEEX. Crypto Licensing Crackdown The order bars these […]

Brian Armstrong: CLARITY Act Failure Could Benefit Coinbase

Coinbase CEO Brian Armstrong believes the US Senate’s failure to advance the CLARITY Act could benefit his exchange by keeping major Wall Street firms from entering the crypto market under clearer rules. The crypto executive still argued that the legislation would have helped the wider industry, even as he acknowledged that Coinbase could face less […]

Crypto.com Gets Green Light to Bring Single-Stock Futures to the US

Crypto.com is moving closer to launching single-stock futures in the United States after the SEC acknowledged a Form 1-N filing from North American Derivatives Exchange (Nadex). CEO Kris Marszalek revealed the company is now “authorized” to bring single-stock futures to the market through OG.com, which is its CFTC-regulated standalone prediction market platform launched in February. […]

Coinbase Files With SEC to Bring Single-Stock Perpetual Futures to US Investors

Coinbase said this week it filed notice registrations with the US Securities and Exchange Commission (SEC) to offer single-stock perpetual futures domestically, according to a post from the company’s official account. The move adds another regulated derivatives product to Coinbase’s US lineup and comes as regulators continue sorting out how perpetual contracts should be classified […]

ZachXBT Names Tiffany Milanovich in Alleged Wallet and Coinbase Theft Network

Prominent blockchain investigator ZachXBT identified Tiffany Milanovich as a US-based threat actor tied to at least $5 million in thefts through hardware wallet and centralized exchange support impersonation scams. He said Milanovich worked as a “caller” and posed as exchange or wallet support, convincing victims to give up access to their funds. ZachXBT said she […]

Strategy Posts $8.2B Q2 Loss as Coinbase Revenue Falls 19%

Leading Bitcoin treasury company Strategy’s results for the second quarter show a loss of over $8 billion, while crypto exchange Coinbase reported a 14% quarterly revenue loss. According to the two companies’ latest earnings reports released on Thursday, Strategy lost over $8.23 billion in its operations after recording an unrealized loss of $8.32 billion in […]

SEC Agrees to Overhaul Recordkeeping After Settling Coinbase Lawsuit Over Gensler’s Lost Texts

The US Securities and Exchange Commission went on a blatant war against the cryptocurrency industry in the past couple of years of Gary Gensler’s tenure, especially following the loud collapse of FTX. However, the new administration settled most cases, and now it was time for one that was actually initiated by Coinbase. It came with […]