Coinbase received commendation from the Financial Crimes Enforcement Network (FinCEN) for their role in assisting law enforcement in combating financial crimes. This recognition was announced by Paul Grewal, Coinbase’s Chief Legal Officer, in a post where he acknowledged the exchange’s significant contributions to the suppression of financial criminal activities. FinCEN sent us a letter commending … Read more
Voyager Digital obtained a grand total of $484.35 million in funds from various sources, including its D&O insurance, FTX, and 3AC. This significant financial boost marks an essential step forward in their strategy to repay their debts to creditors following their bankruptcy filing in July 2022. About half of the $450 million came from FTX’s … Read more
Coinbase reveals plan to launch PEPE futures trading starting April 18, 9:30 a.m. UTC. Following the announcement, PEPE‘s value jumped by 10%, reaching $0.0007346 – marking a 6.1% hike within the last 24 hours. Starting from 18th April, 2024, 9:30 am UTC onwards, Coinbase International Exchange and Coinbase Pro will introduce Pepe perpetual futures. This … Read more
Kwon Do, a co-founder of Terraform Labs, is currently in a waiting phase as Milović, Montenegro’s justice minister, ponders over the possibility of requesting his extradition. The final decision on this matter was recently taken away from the Supreme Court and given to the ministers instead. In March 2023, Kwon, the accused, was apprehended by … Read more
Fidelity Investments has launched three new actively managed Exchange-Traded Funds (ETFs) aimed at investors looking for both protection against market downturns and increased income from equity investments: Fidelity Dynamic Buffered Equity Fund (FBUF), Fidelity Protected Equity ETF (FHEQ), and Fidelity Enhanced Yield Equity ETF (FYEE). These ETFs cater to the rising demand for such investment … Read more