A 69-year-old businessman from Malaysia fell victim to a cryptocurrency investment scam after investing over 11 million MYR (approximately 2.5 million USD) in just three months.
A self-proclaimed Canadian "Crypto King" and his associate, who amassed over C$40 million ($29.4 million) from investors, were arrested and charged with fraud last week.
Coinbase and its CEO, Brian Armstrong, are now embroiled in a fresh class-action lawsuit, recently filed in the United States District Court for the Northern District of California, San Francisco Division. The lawsuit contends that Coinbase's operational framework is unlawful, accusing the company of knowingly misleading investors into purchasing securities, a violation of state securities regulations.
Coinbase achieves a first-quarter profit of $1.2 billion following the launch of bitcoin ETFs and increased trading volumes.
Coinbase, the leading cryptocurrency exchange in the U.S., has recently achieved "restricted dealer" status in Canada, consolidating its position as a dominant player in the nation's crypto market. This milestone not only enables Coinbase to operate within Canada's regulatory framework but also establishes it as the largest registered crypto exchange in the country, endorsed by the Ontario Securities Commission (OSC).
Founded in 2012 by Brian Armstrong and Fred Ehrsam, Coinbase has rapidly ascended to become one of the most reputable and widely used cryptocurrency exchanges worldwide. Its mission is to create an open financial system for the world, allowing individuals by providing easy access to the cryptocurrency market. Operating in over 100 countries, Coinbase offers a platform for users to buy, sell, and store cryptocurrencies like Bitcoin, Ethereum, and Litecoin, among others.
Coinbase is one of the world's most popular cryptocurrency exchanges, enabling users to buy, sell, and store digital assets like Bitcoin, Ethereum, and Litecoin. However, at some point, you may want to withdraw your funds from Coinbase and cash out your cryptocurrency holdings. Whether you need to access your money for personal or business purposes, cashing out from Coinbase is a straightforward process.
West Texas Intermediate (WTI) oil price pauses its two-day winning streak but is anticipated to conclude the week on a positive note, trading near $77.00 per barrel during the Asian session on Friday.
On December 7, the UK's Financial Conduct Authority (FCA) regulator warned against an unauthorized broker called Sapphire Markets, reminding the public to be aware of financial safety.
On January 4, 2024, the British Columbia Securities Commission (BCSC) warned an unlicensed broker called TopMarkets.
SEC's legal battle unfolds: Terraform Labs ruling shapes the case, coining new focus on tokens in conflict with Coinbase and Binance, prompting regulatory ripples and judicial scrutiny.
Coinbase has ventured into France after securing regulatory approval from AMF, marking a pivotal step in its European expansion amidst a changing global regulatory landscape.
South Africa's FSCA Receives 93 Crypto License Applications, Strengthening Financial Integrity and Consumer Protection.
In forex trading, understanding and managing risk is paramount to success. One powerful tool that traders have is the "stop loss order."
In the fast-paced world of financial markets, finding a reliable and transparent broker is the key to a successful trading journey.
In the realm of forex trading, leverage emerges as a potent instrument that bestows an array of advantages upon brokers immersed in this ever-evolving market.
Out of thousands of brokers existing in the forex market, finding the legit one has always been a difficult task.
Forex brokers are vital participants in enabling seamless trading operations within the foreign exchange market.
In forex trading, understanding and managing risk is paramount to success. One powerful tool that traders have is the "stop loss order."
U.S. authorities are scrutinizing top crypto bosses for alleged fraud and illegal operations amidst industry downturn, with key figures from Binance, Terraform Labs, Celsius, Digital Currency Group, Voyager Digital, and Tron Foundation facing legal challenges.