One of the significant banks for the crypto industry, Signature Bank had $88.59 billion in deposits as of December 31, 2022 and the New York Department of Financial Services has taken possession of the bank
The MoU was exchanged in the presence of IT and Industries Principal Secretary Jayesh Ranjan and Emerging Technologies Wing Director L Rama Devi Lanka.
San Francisco: Leading crypto exchange Coinbase will lay off more employees soon in a fresh round of job cuts, as the world of crypto faces another existential threat after the FTX collapse, the media reported. The layoffs were announced internally and the company is likely to sack around 60 employees in its recruiting and institutional […]
New Delhi: Leading crypto exchange Coinbase has announced that it is laying off 18 per cent of its workforce, or about 1,100 jobs amid the economic downturn. Brian Armstrong, CEO and co-founder said that while the company tried its best to get this just right, in this case, it is now clear that it is over-hired. […]
New Delhi: Leading crypto exchange Coinbase, which halted payments via unified payments interface (UPI) mode on its app in India in April, on Friday announced to pause hiring for as long as the global macro-economic factors remain in place. The company also revoked accepted offers from some candidates who haven’t joined it yet. “After assessing our […]
New Delhi: Leading crypto exchange Coinbase suffered a major outage amid crypto mayhem especially with the cryptocurrency Terra Luna, heightening fears among the investors. The company said it was actively working on the issue. “We are aware that some customers are having issues trading and accessing accounts on Coinbase and Coinbase Pro. Your funds are […]
New Delhi: Top cryptocurrency exchange Coinbase quit India operations owing to “informal pressure” from the Reserve Bank of India (RBI), its CEO Brian Armstrong has revealed for the first time. The US-based and Nasdaq-listed exchange had halted payments via unified payments interface (UPI) mode on its app in India last month. In the company’s earnings call […]
"While KYC compliance is already happening, there is no regulation in place to check any kind of suspicious trading activity,” said Sunil Agarwal, dean, Blockchain programme, TalentSprint.
"Reporting false, misleading, or inaccurate transaction information undermines the integrity of digital asset pricing," Vincent McGonagle, Acting Director of Enforcement at CFTC, said in a statement.