The Supreme Court has agreed to take up the case of cryptocurrency exchange Coinbase, which is attempting to transfer lawsuits filed against it in the courts to arbitration panels. Although many investors are unfamiliar with cryptocurrencies, which are famously volatile investments, they’ve been growing in popularity. There are reportedly more than 19,000 different cryptocurrencies in…
Cryptocurrency Executives Demand Custom-Made Regulations for Industry
December 9, 2021
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Executives of six cryptocurrency companies urged Congress on Wednesday to clarify regulations, relax restrictions, and bring about tailor-made legislation for the booming $3 trillion sector. Washington is still figuring out how to manage the decade-old digital asset market in which almost 16 percent of Americans have made at least one transaction. A partisan divide was…
Coinbase Says Hackers Stole Cryptocurrency From at Least 6,000 Customers
Hackers stole from the accounts of at least 6,000 customers of Coinbase Global Inc, according to a breach notification letter sent by the cryptocurrency exchange to affected customers. The hack took place between March and May 20 of this year, according to a copy of the letter posted on the website of California’s Attorney General….
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