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Coinbase Agrees To Pay $6.5M In Settlement With CFTC Over Deceptive Reporting, Wash Trading Charges
Saturday, March 20, 2021 - 5:07pm | 388Read More...The Commodity Futures Trading Commission and Coinbase Inc. have come to a settlement over charges against the San Francisco-based digital currency exchange. What Happened: The commission on Friday ordered Coinbase to pay $6.5 million over charges of reckless false, misleading or inaccurate...
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Fintech Focus For March 18, 2021
Wednesday, March 17, 2021 - 5:38pm | 1916Read More...Quote To Start The Day: First, have a definite, clear practical ideal; a goal, an objective. Second, have the necessary means to achieve your ends; wisdom, money, materials, and methods. Third, adjust all your means to that end. Source: Aristotle One Big Thing In Fintech: Founded in 2020, TradeUI...
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Elon Musk's Weekend Dogemania: Calls On Coinbase To Support Dogecoin And Sends Wrong Crypto Soaring Again
Sunday, March 14, 2021 - 10:36pm | 610Read More...Tesla Inc (NASDAQ: TSLA) CEO Elon Musk supported Coinbase enabling Dogecoin (CRYPTO: DOGE) on its trading platform over the weekend. What Happened: The entrepreneur’s support came in the form of a reply to a question posed by a Twitter user. Yes! — Elon Musk (@elonmusk) March 13, 2021...
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Binance Under Investigation By Commodity Futures Trading Commission Over Derivatives Activity: Report
Saturday, March 13, 2021 - 1:51pm | 190Read More...The Commodity Futures Trading Commission is reportedly investigating the major cryptocurrency exchange Binance. What Happened: The commission is looking into whether U.S. residents have traded derivatives that Binance monitors, Bloomberg reported yesterday, citing people familiar with the matter....
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Major Crypto Exchange Coinbase Closes In On Going Public With Pre-IPO Valuation Of $100B
Tuesday, March 9, 2021 - 9:09am | 421Read More...What Happened: Leading cryptocurrency exchange Coinbase Global Inc could soon be valued at $100 billion after officially going public, based on Nasdaq's private auction results last week. According to Bloomberg, shares of Coinbase traded between $350 and $375 per share, giving the...
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Coinbase IPO: 7 Key Takeaways Investors Should Know
Saturday, February 27, 2021 - 11:43am | 717Read More...Cryptocurrency exchange Coinbase has filed for a direct listing to bring shares to the public market. The company’s direct listing could value the company at $100 billion, according to Axios. Coinbase last raised funds in 2018 at an $8 billion valuation. In 2017, Coinbase was valued at $1.6...
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Fintech Focus For February 26, 2021
Thursday, February 25, 2021 - 7:35pm | 1724Read More...Quote To Start The Day: “The time to settlement equals counterparty risk, which can become elevated during market shocks. It can also lead to the need for higher margin requirements, which are critical to protecting the financial system and investors against a firm default.” “We...
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Fintech Focus For February 23, 2021
Monday, February 22, 2021 - 8:15pm | 2037Read More...Quote To Start The Day: “Bitcoin prices have continued their meteoric rise with Tesla, BNY Mellon and Mastercard’s announcements of greater acceptance of cryptocurrencies,” JPMorgan said in a research note last week. “But fintech innovation and increased demand for digital...
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Fintech Focus For February 22, 2021
Sunday, February 21, 2021 - 3:15pm | 2088Read More...Quote To Start The Day: “I think we’ve positioned ourselves as the finance super app because I don’t think people want to go to four, five, and six different solutions to manage their money,” M1 Finance marketing vice president Bob Armour said. “We’re a place...
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Fintech Focus For February 19, 2021
Thursday, February 18, 2021 - 6:07pm | 2074Read More...Quote To Start The Day: Motivation is what gets you started. Habit is what keeps you going. Source: Jim Rohn One Big Thing In Fintech: “There is no reason why the greatest financial system the world has ever seen cannot settle trades in real time,” Robinhood founder Vlad Tenev said....
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Tesla $1.5B Bitcoin Purchase Was Facilitated By Soon-To-Go-Public Coinbase: Report
Wednesday, February 17, 2021 - 10:49pm | 527Read More...Cryptocurrency exchange Coinbase facilitated the $1.5 billion purchase of Bitcoin (BTC) by Tesla Inc (NASDAQ: TSLA), the Block reported Wednesday. What Happened: The purchase for the Elon Musk-led company was executed in the first week of February over the course of several days, as per the Block....
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Fintech Focus For February 17, 2021
Tuesday, February 16, 2021 - 6:17pm | 2049Read More...Quote To Start The Day: Don't judge each day by the harvest you reap but by the seeds that you plant. Source: Robert Louis Stevenson One Big Thing In Fintech: Banking is one of the key drivers of economies worldwide. Core banking typically includes deposit and loan and credit processing...
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Key Metrics Indicate Bitcoin's Newfound Momentum Could Sustain: What You Need To Know
Wednesday, February 3, 2021 - 3:21am | 716Read More...Bitcoin (BTC) has once again regained its upwards momentum and was trading 8.34% higher at $36,679.38 at press time. The second-largest cryptocurrency by market cap Ethereum (ETH) touched its all-time high on Tuesday evening and was trading 12.01% higher at $1,549.12. Various metrics point to...
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Fintech Focus For January 29, 2021
Thursday, January 28, 2021 - 6:44pm | 1312Read More...Quote To Start The Day: Knowledge should be rewarded. Source: John Vitti One Big Thing In Fintech: The biggest challenge facing consumers in finance is a lack of trust; it’s tough to discern whether financial institutions are acting in the interest of customers and sharing their values. That...
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Biggest US Crypto Exchange Coinbase Announces Decision To Become Public
Thursday, January 28, 2021 - 4:56pm | 203Read More...Coinbase, the biggest U.S. crypto exchange, has announced its decision to become a publicly-traded company in an official blog post today. What Happened: Coinbase intends to go public through a “proposed direct listing of its Class A common stock,” the company said...
