Coinbase

The US crypto exchange Coinbase Global Inc has won approval from Italian regulators to continue to serve customers in Italy, it said in a blog. Coinbase said it had met requirements from the Organismo Agenti e Mediatori (OAM), which oversees financial agents and credit brokers in Italy and implements anti-money laundering controls. Financial watchdogs across the world are grappling with how to regulate the crypto market, which remains subject to patchy rules. Consumer protection, threats to financial stability, and…

Posed as crypto wallets, dozens of malicious apps have appeared online that aim to steal users' funds around the world. The apps were available for both Android and iOS users as a part of a complex scheme, according to a research-based report. The malicious apps in question were found to be impersonating crypto wallets such as Coinbase, imToken, MetaMask, Trust Wallet, Bitpie, TokenPocket, and OneKey. The trojanised crypto wallets were first discovered in May 2021 and initially targeted Chinese users. However, as…

Moneycontrol: Report: in emails sent to three creators, Coinbase says it is “temporarily shutting down” its US affiliate program on July 19 and plans to relaunch it in 2023 — According to a Business Insider article, cryptocurrency exchange Coinbase will “temporarily shut down” its US affiliate-marketing programme on July 19. Moneycontrol: Report: in emails sent to three creators, Coinbase says it is “temporarily shutting down” its US affiliate program on July 19…

Traders work on the floor of the New York Stock Exchange (NYSE) on May 5, 2015 in New York City.Photo: Spencer Platt (Getty Images)There’s no getting around it, June was a disastrous month for cryptocurrency.Though cryptocurrency prices have trended down for the better part of 2022,investors truly had the rug pulled out from under them in the past two months. With bitcoin prices in particular plummeting to values not seen since 2020, exchanges and lenders were forced to do something few expected. One after another, firms…

Uber Eats deliveryJonathan Raa | NurPhoto via Getty ImagesCheck out the companies making headlines in midday trading.Uber, DoorDash – Shares of Uber slumped 4.6% and DoorDash fell 9% on news that Amazon agreed to take a stake in Grubhub in a deal that will give Prime subscribers a one-year membership to the food delivery service.Coinbase – Coinbase slipped 3.1% after Atlantic Equities downgraded the crypto exchange to neutral and slashed its price target, citing increased volatility in the industry.Netflix – Netflix…

Coinbase reported a 27% decline in revenues in the first quarter as usage of the platform dipped.Chesnot | Getty ImagesCoinbase is seeking licenses with various countries in Europe as part of an aggressive expansion in the region.The exchange already has an active presence in the U.K., Ireland and Germany, but wants to set up operations in Spain, Italy, France, the Netherlands and Switzerland, according to Nana Murugesan, Coinbase's vice president of international. Coinbase recently hired its first employee in…

Cryptocurrency exchange Coinbase has provided sophisticated tools to the US Immigration and Customs Enforcement (ICE) agency to help it track transactions across Bitcoin, Ether and other cryptocurrencies.According to a report in Intercept, Coinbase sold an analytics software license to ICE for $29,000 in August last year, followed by a software purchase potentially worth $1.36 million the next month."ICE now has access to a variety of forensic features provided through Coinbase Tracer, the company's intelligence-gathering…

Photo: Sharaf Maksumov (Shutterstock)Coinbase Tracer, the analytics arm of the cryptocurrency exchange Coinbase, has signed a contract with U.S. Immigrations and Customs Enforcement that would allow the agency access to a variety of features and data caches, including “historical geo tracking data.” Coinbase Tracer, according to the website, is for governments, crypto businesses, and financial institutions. It allows these clients the ability to trace transactions within the blockchain. It is also used to “investigate…

Check out the companies making headlines in midday trading.Spirit Airlines — The budget airline's shares fell more than 7% amid news that advisory firm Institutional Shareholder Services told Spirit shareholders to vote for the proposed merger with Frontier Airlines. It comes after Frontier Airlines upped the cash portion of its offer by $2 a share and increased the reverse break-up fee.Robinhood — Robinhood rose more than 3% after Goldman Sachs upgraded the stock trading company's shares to neutral from sell. That…

Aoyon Ashraf / CoinDesk: Coinbase Derivatives Exchange is launching its first crypto derivatives product, Nano Bitcoin futures (BIT), at 1/100th of the size of a Bitcoin, on June 27 — Coinbase Derivatives Exchange hopes to capitalize on a market that is $3 trillion in volume worldwide and provide hedging options for traders. Aoyon Ashraf / CoinDesk: Coinbase Derivatives Exchange is launching its first crypto derivatives product, Nano Bitcoin futures (BIT), at 1/100th of the size of a Bitcoin, on…