Coinbase and Kraken experience limited services amid markets turbulence
They are reportedly facing latency issues due to the high level of new user sign-ups and transfers to the platform. Both Coinbase’s and Kraken’s platforms were down or experiencing intermittent latency issues on Nov. 8 amid market turbulence, according to users’ complaints on Twitter. The news followed the day’s earlier revelation that crypto exchange Binance intends to acquire its rival FTX.According to Twitter users, services were limited on both exchanges, with issues related to connectivity to the platforms and unconfirmed rumors of halted withdrawals. BREAKING: Coinbase is DOWN!....
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Per a post from Ontier, the self-proclaimed inventor of Bitcoin Craig Wright filed a lawsuit against leading crypto exchanges Coinbase and Kraken. Ontier is a legal firm that represents Wright, Wright International Investments Limited (WII), and Wright International Investments UK Limited (WIIUK). Related Reading | Why Self Proclaimed Satoshi Nakamoto Craig Wright Must Pay $100M In […]
Bitcoin has been trading in close tandem with equities throughout the past several days Heightened correlation to risk-on assets is a common BTC trait during times of immense global turbulence Although this strikes a blow to its safe-haven narrative, the cryptocurrency still has a long way to go before it fully decouples with the traditional markets This global economic turbulence that is weighing on Bitcoin may only get worse as the year drags on and […]
In a recent development, the Securities and Exchange Commission (SEC) has expressed concerns regarding Coinbase involvement in the restructuring plan of Celsius Network. This crypto-lending company filed for bankruptcy over a year ago. The federal agency responsible for regulating US securities markets, the SEC, has filed limited objections and reservations of rights in response to […]
Amid turbulence in markets, economy and society, there's no better time or purpose to launch CoinDesk TV, writes Executive Producer Joanne Po.
Just after its big merger with North American Bitcoin exchanges, Coinsetter and Cavirtex, Kraken has announced a multi-million dollar deal with the leading Japanese firm SBI Investment. The $2 billion dollar venture capital conglomerate will lead Kraken’s series B investment round. Today the global Bitcoin exchange Kraken has joined forces with SBI....