Huobi Global to reportedly move HQ to the Caribbean
According to reports, Chinese crypto exchange Huobi Global is seeking to relocate its headquarters operation from Seychelles to the Caribbean due to some favorable conditions for crypto in the area. The FT reported on November 1 that Huobi Global intends “to go all in in the Caribbean,” quoting one of the board members. The “super-friendly” […]
Kraken joins other exchanges to restrict Russian users
In accordance with EU sanctions, Kraken is the most recent cryptocurrency exchange to impose restrictions on Russian user accounts on its platform. Kraken informed its Russian clients via email on October 19 that the exchange is discontinuing service to Russian clients. “Due to the new European legislation, we have to take measures to restrict your […]
Societe Generale’s Forge Secures Registration With French Regulator
As of Sept. 27, the French banking giant’s crypto subsidiary is approved to buy, sell, trade, and store digital assets. France’s Autorité des Marchés Financiers (AMF) has given SG Forge, which is part of Societe Generale, permission to offer custody and trading services for cryptocurrencies. AMF’s website says that the French banking giant’s crypto subsidiary […]
Best Automated Market Makers in 2022
Automated market makers are doing great things for the crypto industry by making it easier for people to use cryptocurrencies and making them more efficient. This is also good for investors. Automated market makers (AMMs) use liquidity pools instead of a traditional market with sellers and buyers to make it possible for digital assets to […]
Blockchain firm sues Coinbase for $350M, citing patent violation
Veritaseum alleges Coinbase illegally used the patent for many of its blockchain infrastructure services to facilitate crypto payments, trading, and staking. Bitcoin exchange After being accused of violating a patent linked to its blockchain technology by blockchain-based software company Veritaseum Capital, Coinbase has found itself in legal trouble and is now suing for $350 million […]