Two prominent U.S. law firms just concluded a multi-month internal investigation of Coinbase and concluded that there’s no evidence of insider trading by the company’s employees.
Stronghold, a cryptocurrency trading platform housed by Stellar, is launching a stablecoin on its parent network’s blockchain in collaboration with IBM.
In evaluating cryptocurrencies as a novel, potentially disruptive technology, the report ultimately concludes that “[policy] makers and regulators should not ignore virtual currencies, nor should they attempt to ban them."
On July 2, 2018, Coinbase officially launched Coinbase Custody. After accepting its first trial deposit last week, the newly introduced custodial service is up and running.
In a nationwide bust, U.S. federal officials have confiscated some 2,000 bitcoin (valued at just over $12 million) from 35 dark web drug lords and arms dealers.