Crypto Exchange GMX Proposes Deployment on Coinbase’s Base Blockchain
Whilst the majority of GMX forum users were in favor of the exchange becoming a “first mover” on Base, others had concerns over whether the project’s pseudonymous founders would need to submit identification documents to Coinbase in line with anti-money laundering regulations.
Related Posts
The Central Bank Business Model Is Under Attack
Dec 20, 2019 at 15:30 UTCUpdated Dec 20, 2019 at 15:39 UTCJalak Jobanputra, founder of FuturePerfect Ventures, at Consensus 2018 in New York.This post is part of CoinDesk's 2019 Year in Review, a collection of 100 op-eds, interviews and takes on the state of blockchain and the world. Jalak Jobanputra is founder of FuturePerfect Ventures.A year…
Polychain, Bain Capital Join $3M Series A Round for Indian Exchange CoinDCX
Mar 24, 2020 at 13:53 UTCUpdated Mar 24, 2020 at 14:07 UTCMumbai, India. Credit: Shutterstock/KishoreJProminent backers have joined a $3 million funding round for Mumbai-based exchange CoinDCX just weeks after a banking ban for cryptocurrency businesses was overturned.CoinDCX said Tuesday that investment firms Bain Capital and Polychain Capital as well as BitMEX-owner HDR Global Trading…
FBI Seeking Potential Victims of BitConnect to Assist Investigation
news If you invested in the proprietary token offered by the now-defunct crypto exchange BitConnect, the FBI wants to hear from you. In a notice on its website Wednesday, the federal law enforcement agency said those who invested in the BitConnect coin (BCC) token can voluntarily reach out to the agency by filling out a questionnaire. The…
GameStop-Inspired Solana Memecoin Soars Over 80% as Roaring Kitty Flashes $586M Worth of GME Position
It's 2021 all over again as shares of video retailer GameStop (GME) soared Thursday after influential retail trader Keith Gill, better known under his RoaringKitty or DeepFuckingValue aliases, provided an update on his massive bet on the embattled stock.According to a screenshot posted on Reddit, Gill's stock and options position is now worth some $586
ApeFest Attendees Report Severe Eye Burn. BAYC Says Less Than 1% Have Symptoms
Attendees of ApeFest, an event hosted by Bored Ape Yacht Club (BAYC) creators Yuga Labs, have received medical care after reports of blurred vision and burning eyes.Bored Ape Yacht Club posted an update on their X profile, stating that "much less than 1% of those attending and working the event had these symptoms.""While nearly everyone
Gemini Offers Off-Chain, OTC Desk Trade Support With New Product Launch
news Tyler and Cameron Winklevoss’ Gemini crypto exchange just added off-chain and over the counter trade negotiations on its platform. The features come via Gemini Clearing, an electronic settlement system. According to the firm’s blog posting, Gemini Clearing allows Gemini accounts to negotiate and settle trades between Gemini accounts. “Such trades can either be arranged…
Polychain’s Assets Drop $376 Million Since August, SEC Filings Show
news A new filing with the U.S. Securities and Exchange Commission (SEC) shows that prominent venture fund Polychain had $591.5 million in assets under management at the end of March. That’s down considerably since the firm’s August 2018 filing, which showed $967.8 million in assets under management. That’s a loss in value of $376.4 million. The…
Should We Worry About Tether’s Bitcoin-Buying Plan?
Like any good Bitcoin maximalist, Tether is holding its own coins. The issuer of the largest stablecoin, USDT, disclosed that information in a recent blog post announcing it will be “regularly” buying bitcoin with its surplus profits to build up a war chest. This follows a surprisingly robust attestation (aka an “Assurance Report” completed by…