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BitGo Secures $100M Funding Round, Valuation Hits $1.75B
Wednesday, August 16, 2023 - 2:09pm | 501BitGo Inc. announced a successful fundraising round, securing $100 million and elevating its valuation to $1.75 billion. BitGo specializes in safeguarding crypto assets, often using physical vaults to protect private keys, Bloomberg reported. The U.S.-based cryptocurrency custody firm currently...
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Coinbase Counters SEC Lawsuit: 'Constitutes An Extraordinary Abuse Of Process'
Thursday, June 29, 2023 - 11:20am | 578In its legal rebuttal to the lawsuit filed by the U.S. Securities and Exchange Commission (SEC), Coinbase Global Inc (NASDAQ: COIN) has argued that the digital assets available for trading on its platform are beyond the SEC's regulatory scope. Earlier in June, the SEC initiated legal...
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JPMorgan Chase Warns Of A SEC Tsunami Sweeping The Industry As Crypto Titans Binance, Coinbase Battle Regulator
Monday, June 12, 2023 - 12:16pm | 609JPMorgan Chase & Co (NYSE: JPM) on Monday underscored the significance of recent lawsuits filed by the U.S. Securities and Exchange Commission (SEC) against Binance (CRYPTO: BNB) and Coinbase Global Inc. (NASDAQ: COIN), stressing that these lawsuits highlight the pressing...