Category: Coinbase

A New Bitcoin World

Class Action Lawsuit Filed Against Cryptocurrency Exchange Kraken

KrakenThis week a class-action lawsuit has been filed against the San Francisco-based trading platform Kraken. A group of customers have revealed that their holdings of 3,414 ETH was liquidated during an Ethereum market flash crash. According to the plaintiffs the cryptocurrency exchange suffered from a denial-of-service (DDoS) attack at the time having many Kraken users unable to

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July 7, 2017 0

IRS May not Get as Much Customer Data From Coinbase as Requested

DataThe IRS intends to lessen the amount of customer data it originally wanted to siphon from Coinbase. Ongoing negotiations between Coinbase and the IRS have yielded concessions on part of the IRS legal team. A trial attorney for the Department of Justice, Amy Matchison, recently said the IRS would narrow their specific data request from Coinbase.  Also

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July 1, 2017 0