Prominent digital asset exchange Coinbase has recently made a significant move towards expanding its services overseas. The American crypto trading platform has registered with the Bank of Spain as an authorized cryptocurrency exchange and custodian wallet provider. This development showcases Coinbase’s commitment to extending its footprint beyond the borders of the United States. Coinbase’s entry…

OpenSea, a well-known trading platform in the non-fungible token (NFT) space, has recently alerted its users about the security of their API keys. This precautionary measure comes in the wake of a security breach suffered by blockchain data analytics firm Nansen, which had disclosed that customer data may have been compromised. On September 22, Nansen,…

In recent developments, San Francisco-based crypto exchange Coinbase has expressed keen interest in acquiring FTX Europe, the European subsidiary of the bankrupt crypto exchange FTX. This move is part of Coinbase’s strategy to expand its presence globally in the lucrative crypto derivatives market, especially at a time when the exchange is facing regulatory scrutiny in…

India’s approach to cryptocurrency has taken a hawkish turn, contrary to the expectations of many who anticipated a more crypto-friendly regulatory environment. Nischal Shetty, the CEO of WazirX, a prominent India-based crypto exchange, believes that the heavy tax regime will persist, prolonging the challenges faced by the Indian crypto market. India’s Trading Volume Plummets: During…

In a recent move, the United Kingdom’s Financial Conduct Authority (FCA) has issued a serious warning to cryptocurrency firms marketing their assets to UK consumers. This stern missive follows growing concerns regarding the lack of attention displayed by these firms towards forthcoming marketing regulations. Failure to comply could lead to severe consequences, as outlined by…

The layer-2 scaling solution, Base, backed by Coinbase, has witnessed an impressive rise after approximately six weeks since its launch. Among various bridges, the Ethereum-Base bridge has become the seventh most active in terms of transaction count, surpassing other prominent bridges such as Ethereum-Arbitrum and Polygon zkEVM. This article examines the growing prominence of Base…