DeFiLlama’s New DEX Aggregator Passes Metamask and Coinbase Volume Over Past 24 Hours
Data analytics platform DeFiLlama’s new decentralized exchange aggregator, an application that optimizes transaction costs for swaps, was the second most used application over the past 24 hours, according to the 0x platform that aggregates liquidity across the majority of the top DEXs.
Coinbase Shares Jump Over 12% Following Settlement With New York Regulator
Coinbase shares soared following the exchange's $100 million settlement with a New York state financial regulator.
Coinbase Reaches $100M Settlement With New York’s Financial Regulator
Leading cryptocurrency exchange Coinbase has reached a $100 million settlement with the New York Department of Financial Services (NYDFS) for violating anti-money-laundering (AML) laws by not carrying out proper background checks before allowing customers to open accounts on its platform.
Coinbase To Pay Fine to New York Regulators for Inadequate KYC Checks
Coinbase, a U.S-based cryptocurrency exchange, will be paying a fine to New York regulators. The New York State Department of Financial Services pulled up the firm for letting customers open an account on the platform without proper background checks. This was in violation of the anti-money laundering laws of the region, according to NYTimes.
Coinbase Reaches $100 Million Settlement With New York Regulators
Coinbase, a publicly traded cryptocurrency trading exchange based in the United States, agreed to pay a $50 million fine after financial regulators found that it let customers open accounts without conducting sufficient background checks, in violation of anti-money-laundering laws.
Cathie Wood’s Ark Invest Buys Coinbase (COIN) And Tesla (TSLA) Shares
Ark Invest CEO Cathie Wood on Thursday purchased 158,116 shares of crypto exchange Coinbase and 22,514 shares of electric vehicles firm Tesla. Cathie Wood has been actively buying Coinbase and Tesla shares in December as share price falls to new lows. Both COIN and TESLA shares recorded over 6% and 8% jump on Thursday.
Avalanche's AVAX tops market cap of Solana’s Sol, Coinbase pops 8%
The market cap of Avalanche's native AVAX token surpassed Solana's, reaching $3.47 billion compared to Sol's $3.43 billion.
Coinbase Customers Block Attempts To Move Lawsuit to Arbitration
The class action lawsuit concerned alleged cybersecurity failures on the part of Coinbase and seeks to compensate customers who allegedly had their accounts breached and “incurred losses arising from the unauthorized transfer of assets.”
Coinbase Stock Hits New Lows, Plummets 6% in Five Days
Coinbase stock (COIN) has fallen to an all-time low of $32.40 per share, dropping 6% over the past five days. The stock has recovered some and is trading at $32.65 pre-market.
ARK Invest Loads Up Tesla And Coinbase Shares
On a day Tesla Inc (NASDAQ: NASDAQ:TSLA) stock dropped to over two-year lows, Cathie Wood’s ARK Investment Management took the opportunity to load up on the EV maker’s shares, displaying its unflinching trust in the company.
