“We regularly evaluate our products to ensure we’re prioritizing the offerings that our customers care about most,” the spokesperson said. “Effective May 10, we will stop issuing new loans through Coinbase Borrow. There is no impact on customers’ outstanding loans, and no action is required from them at this time.” Author: Cheyenne Ligon, Nikhilesh De Source link
Mayur Kamat, a tech industry veteran, discusses how the world’s largest crypto exchange is using artificial intelligence and the future of the tech industry. Author: Daniel Kuhn Source link
FTX.US last purchased Ledger Holdings, the parent company of LedgerX, for $298 million in October 2021, according to audited financial documents viewed by CoinDesk. Author: Tracy Wang Source link
“With this latest addition, our platform now boasts a comprehensive suite of both derivatives and spot trading solutions, catering to the diverse needs of traders in the digital asset space,” Luuk Strijers, chief commercial officer at Deribit, told CoinDesk. Author: Omkar Godbole Source link
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In a community call on Friday that CoinDesk attended, Jordan Reindl, a member of 1inch’s community and governance team, proposed the protocol dilute the voting power of insiders who have received their full allotment of v1inch vesting tokens, a derivative token redeemable for 1inch. Conversely, v1inch tokens that remain locked up for two years or longer would have 100% of their voting weight, the proposal said. Author: Elizabeth Napolitano Source link
To prove his point, Shetty attached a partially redacted email chain that began on July 19, 2021, between Brian Schroder, the CEO of Binance US, and Tushar Patel, the vice president of finance at WazirX, about an amended “share purchase agreement.” Author: Elizabeth Napolitano, Cheyenne Ligon Source link
Despite being one of the biggest cryptocurrencies, with a market capitalization around $40 billion, Binance’s BNB token has failed to win a listing on any major U.S. crypto exchanges, aside from Binance.US. Some analysts are now looking at whether that’s a yellow flag. Author: Lyllah Ledesma Source link
“If demand for trading on the FTX platform increased, demand for the FTT token could increase, such that any price increase in FTT would benefit holders of FTT equally and in direct proportion to their FTT holdings,” the SEC wrote in its complaint. “The large allocation of tokens to FTX incentivized the FTX management team to take steps to attract more users onto the trading platform and, therefore, increase demand for, and increase the trading price of, the FTT token.” Author: Sam Reynolds Source link
“The Gemini Spaceship will undergo scheduled Exchange maintenance on Thursday, December 15th from approximately 10:00pm until Friday, December 16th at 12:30am ET,” and all user interfaces and trading will be unavailable during that time, a notice on the exchange’s status page said. Author: Eliza Gkritsi Source link