Coinbase Stock Falls Following Cyberattack
Coinbase’s stock fell 7% on Thursday after two developments cast doubt on the company’s controls and regulatory challenges.
Coinbase Q1 Revenue Falls by 10%
Coinbase reported a 10% quarter-over-quarter revenue decline to $2 billion in Q1, falling short of industry estimates by 4.1% as market trading activity slowed.
Deribit Announces Plans to Expand to US
Deribit, the world’s leading crypto options exchange, is considering entering the US market.
Binance to Launch Crypto Payments in Kyrgyzstan
Binance has joined forces with the Kyrgyzstan government to introduce crypto payment systems and launch blockchain education initiatives in the country.
Australia Cracks Down on Inactive Crypto Trading Platforms
Australia’s financial intelligence agency, AUSTRAC, is urging digital currency exchanges (DCEs) that have ceased operations to willingly remove themselves from its registry.
Russia to Establish a Crypto Exchange
Russia’s Ministry of Finance and the Central Bank are set to launch a cryptocurrency exchange for “super-qualified investors.”
Binance Introduces New Compliance Rules for South African Users
Effective April 30, Binance is introducing new compliance measures for its South African users.
