Coinbase says its staking product does not pass the Howey Test

Ad Coinbase CEO Brian Armstrong said the exchange’s staking service does not pass any of the four criteria of the Howie Test and will “happily” defend it in court if required. The Securities and Excha...

Nexo Halts Earn Interest Product for US Customers

15 seconds ago | 2 mins read Exchange News Nexo agreed to cease its Earn Interest Product service for its U.S customers.  SEC concluded Nexo’s charges on a no-admit-no-deny basis. Following Nexo’s set...

Nexo shutters US Earn product a month after settling with regulators

Cryptocurrency lending firm Nexo Capital is set to terminate its yield-bearing Earn Interest roduct for its customers in the United States roughly a month after it agreed to pay $45 million in penalti...

Nexo Cuts Off All US Affiliates from Its Earn Interest Product

Nexo will no longer offer its Earn Interest Product to US citizens and residents. The decision was in line with the recent settlement with major US regulatory bodies.  Previously, Nexo offered up to 3...

Nexo will stop its Earn Interest Product for US clients in April

Following a settlement with the U.S. Securities and Exchange Commission announced last month, crypto lending platform Nexo will stop its Earn Interest Product for all U.S. clients, which include both ...

Former Coinbase Product Manager Seeks to Dismiss SEC Charges of Insider Trading

A former product manager at the cryptocurrency exchange Coinbase has made a formal request to have the allegations of suspected illegal insider trading dropped against them. Since the tokens that are ...

Former Coinbase product manager pleads guilty in insider trading case

Ishan Wahi, a former product manager at Coinbase Global Inc., has pleaded guilty to two counts of conspiracy to commit wire fraud in a case that United States prosecutors have labeled the first inside...

Coinbase-Backed DeSo Unveils MegaSwap, a Stripe for Crypto product, with Over $5M in Volume

[PRESS RELEASE – Los Angeles, United States, 7th February 2023] DeSo is excited to announce the launch of MegaSwap – a revolutionary, cross-chain smart service that enables users to securely and easil...

Former Coinbase Product Manager Admits Insider Trading

3 hours ago | 2 mins read Editors News Ishan Wahi gave confidential information about the upcoming announcement to his brother. This announcement made to generate illegal gains of at least $1.5 millio...

Former Coinbase Product Manager Pleads Guilty To Insider Trading In Landmark U.S. Case ⋆ ZyCrypto

Advertisement &nbsp &nbsp A former product manager at Coinbase has pleaded guilty to crypto insider trading charges. Ishan Wahi, 32, admitted to sharing confidential informati...

File Transfer Giant Wetransfer Joins NFT Industry, Partners with Blockchain Platform Minima for March Launch of Minting Product

– Advertisement – File transfer service giant Wetransfer announced Monday it is collaborating with blockchain platform Minima to offer a non-fungible token (NFT) minting product in March. ...

Coinbase-Backed DeSo Unveils MegaSwap, a ‘Stripe for Crypto’ Product, With Over $5 Million in Volume

February 7, 2023 – Los Angeles, California DeSo is excited to announce the launch of MegaSwap – a revolutionary cross-chain smart service that enables users to securely and easily swap coins between d...

Coinbase-Backed DeSo Unveils MegaSwap, a “Stripe for Crypto” product, with Over $5 Million in Volume

Los Angeles, United States, 7th February, 2023, Chainwire DeSo is excited to announce the launch of MegaSwap – a revolutionary, cross-chain smart service that enables users to securely and easily swap...

Former Coinbase product manager pleads guilty to criminal charges in landmark case

A former Coinbase product manager pleaded guilty on Tuesday to wire fraud charges in a criminal case brought against him.  The Justice Department indicted Ishan Wahi in July, alongside his broth...

Coinbase-Backed DeSo Unveils MegaSwap, a “Stripe for Crypto” product, with Over $5 Million in Volume

Los Angeles, United States, 7th February, 2023, Chainwire DeSo is excited to announce the launch of MegaSwap – a revolutionary, cross-chain smart service that enables users to securely and easily swap...

Mastercard NFT Product Head Sells Resignation as NFT Post Stepping Down

11 seconds ago | 2 mins read NFT News Sethi has said that he is selling NFTs of his resignation letter for 0.023 ETH ($38.00). 38 tokens had already been minted using the Manifold app. Former Masterca...

Mastercard NFT Product Lead Quits, Says He Felt Neglected

The Product Lead at Mastercard said that he was a victim of harassment & emotional distress caused by a series of mismanaged processes, miscommunication, and internal inefficiency. On Thursday, Fe...

Mastercard’s NFT product lead leaves role, mints resignation letter as NFT

Mastercard’s former NFT product lead Satvik Sethi has resigned from his position — and minted his resignation letter as an NFT.  Sethi worked as the NFT product lead at Mastercard for the ...

Binance Launches New Community Feedback Initiative to Forge Product Roadmap 

Dominant crypto exchange Binance looks to draw on community feedback to shape products and services better in the future.  Binance has launched a new community feedback feature that would help shape n...

BNB chain introduces new web3 storage product ‘BNB Greenfield’

Binance-backed BNB chain is set to launch a new blockchain-based Web3 infrastructure product BNB Greenfield, according to a press statement shared with CryptoSlate. BNB Greenfield is a decentralized s...

EIB Launches First Digital Sterling Bond Product on Blockchain

The European Investment Bank occupies a very pivotal position in driving the financial landscape of the industry in the European Economic Area. The European Investment Bank (EIB) has launched the firs...

HSBC seeking new product director to steer tokenization efforts

HSBC announced Jan. 30 that it is looking to hire a product director to spearhead its new “tokenization efforts.” According to the job posting, the new role will be responsible for envisio...

Apple earnings may rely on an unlikely hero amid iPhone uncertainty

Apple Inc. was saved in its last earnings report by an unlikely hero, and the same dynamic may show up in the tech giant’s holiday earnings. Macs posted record revenue of $11.5 billion that was more t...

Crypto Giant Grayscale To Face SEC in Court To Push for Converting Its Bitcoin Investment Product Into ETF

Crypto giant Grayscale says the oral argument for its lawsuit against the U.S. Securities and Exchange Commission (SEC) will happen earlier than expected. Grayscale filed the suit last year to contest...

$105M Payday For Coinbase’s Chief Product Officer

Surojit Chatterjee will be cashing out a portion of his Coinbase stocks on his final day for a whopping $105 million exit package.  Million Dollar Payout After Subpar Performance Crypto executives are...

Australian Finance Minister says crypto could be regulated as financial product

Australian Financial Minister Stephen Jones said there was a “good argument” to regulate crypto assets as financial products, The Sydney Morning Heral reported on Jan. 23. Except for Bitcoin (BTC), ot...

No Crypto Firm Granted Full Market Product (FMP) License Yet by UAE

4 hours ago | 2 mins read Exchange News No cryptocurrency firm has yet to fulfil the four-step procedure required by the VARA. MVP licensees are not authorized to sell their services to mass retail cu...

Procter & Gamble Reveals Underwhelming Revenue Impacted by Higher Product Prices in Fiscal Q2 2023 Statement

Consumer goods heavyweight Procter & Gamble saw its fiscal Q2 2023 earnings slip but maintained a higher organic fiscal sales growth.  Procter & Gamble (NYSE: PG) recently reported declining r...

Nexo Settles with SEC, Will Pay $45 Million and Kill Crypto Lending Product

It has been a tough week for Nexo Capital. On Sunday, Bulgarian authorities said they have evidence of Nexo customers using the platform for illegal activities, including laundering money, “tax offens...

Arch Launches Crypto Lending Product Following the 2.75Mn USD Funding

A fintech-based lending company Arch recently announced its very first financial product on January 18.  Dhruv Patel, co-founder and CEO of the company, said in an interview that last year the company...

Nexo Agrees to Pay $45 Million to SEC and State Regulators for Unregistered Offering of Earn Interest Product – Bitcoin News

The cryptocurrency lender, Nexo, has agreed to pay $45 million to the U.S. Securities and Exchange Commission (SEC) and several state regulators after charges were levied against the firm for failing ...

Nexo pays $45 million to settle SEC and state charges for failing to register lending product

Nexo agreed to pay $45 million to federal and state agencies after being charged by the Securities and Exchange Commission for failing to register the offer and sale of its retail crypto asset lending...