Edge provides the security platform that allows developers to build secure apps.
Their product range includes client-side encryption, data backup, password recovery, blockchain technology, private key authentication, IoT, financial applications, bitcoin, and private messaging. Edge (formerly Airbitz) was founded in 2014 and is based in California
The regulator reported the firm voluntarily improved its practices after the CFTC’s civil suit with Binance and its former CEO Changpeng Zhao.
In addition to paying monetary penalties, FalconX must stop providing U.S.-based customers access to crypto derivatives trading platforms.
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