Recent technical disruptions have underscored the significant impact that brief digital outages can have on major market players. A recent incident involving Binance $BUSDUSD , one of the leading cryptocurrency exchanges, and Amazon Web Services (AWS) highlights this reality. Delving into the incident, this article outlines the timeline of events, examines the operational response, and discusses the broader implications for the financial technology sector.
As interest in cryptocurrencies grows rapidly, India emerges as an attractive market for international crypto exchanges. The registration of Coinbase Global with India's Financial Intelligence Unit (FIU) marks a new chapter in the development of digital assets in the country.
The cryptocurrency exchange Kraken, officially known as Payward Inc., is preparing for an initial public offering (IPO) amid a more favorable regulatory environment in the United States. With the transition of power to Donald Trump, the hopes for improved conditions in the crypto industry are high, making Kraken's IPO plans particularly relevant.
In a significant regulatory shift, the U.S. Securities and Exchange Commission (SEC) on Thursday filed a motion to dismiss its lawsuit against Coinbase $COIN, the nation's largest cryptocurrency exchange. This move marks a departure from the original aggressive enforcement stance taken during the presidency of Donald Trump. In 2023, the SEC initiated legal action against Coinbase, asserting that the exchange facilitated the trading of at least 13 cryptocurrencies that, according to the regulator, should have been registered as securities.
Cryptocurrency exchange Coinbase $COIN ended the fourth quarter of 2024 with record profits, significantly surpassing analysts' expectations. According to data compiled by LSEG, the company earned $4.68 per share in the last three months of the year — more than double the forecasted $1.81.
Coinbase $COIN, the largest cryptocurrency exchange in the United States, is set to confront legal proceedings following a federal judge's decision that allows it to be sued by clients. The lawsuit claims that Coinbase engaged in the illegal sale of securities without registering as a broker-dealer.
