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After $7 million hack, Velocore offers bounty to hacker
3.6.2024
Velocore, which is a decentralized exchange, is defrauded of $6.8 million as a result of a vulnerability in the smart contracts that manage its liquidity pools. Incidentally, the exchange functions on the Telos as well as on the zkSync, Era, and Linea blockchains. Since there was a flaw in...
OKX expands to the Netherlands with new crypto exchange and wallet
3.6.2024
Previously known as Okcoin Europe, OKX began serving users in the Netherlands in 2021 after registering with the Dutch Central Bank
Bybit restructures executive team following $26M airdrop fiasco
31.5.2024
Bybit confirmed internal role changes for several executives following a botched airdrop that affected 320,000 users and led to a $26 million compensation payout
TradFi execs say crypto derivatives will play larger role in Bitcoin’s future
31.5.2024
Experts say BTC and ETH derivatives will be instrumental in integrating crypto to TradFi and sending each to new all-time highs
Trading revenue of Coinbase facing pressure as crypto market matures
31.5.2024
The consumer trading volume of Coinbase has dropped to $56 billion in the first quarter of 2024. This is in comparison to the fourth quarter of 2021, a time when the crypto market was experiencing a massive bull run. This is credited to the market attaining maturity since the approval of the Spot...
Citadel-backed Hidden Road halts ByBit access for clients
30.5.2024
Hidden Road cited Know Your Customer verification policies and concerns surrounding Anti-Money Laundering regulations on the ByBit exchange
Hidden roadblocks to the link to cryptocurrency platform Bybit
30.5.2024
Presumptions are being made that Hidden Road has blocked all connectivity with Bybit due to factors related to KYC and money laundering issues. As per speculations, there are seemingly certain contradictory aspects to both matters. Incidentally, Hidden Road is a brokerage firm with the support...
Mastercard's crypto credentials P2P pilot program goes live
29.5.2024
The credit card company hopes to streamline transactions and limit user error through an alias credentialing system
Binance covertly sells Gopax’s share of claims in Genesis Global
28.5.2024
Binance has been responsible for covertly selling its subsidiary in South Korea, Gopax’s claims about Genesis Global, for half its value or even less. In 2023, Binance was known to be the biggest shareholder of Gopax, a prime cryptocurrency exchange in South Korea. In return for the buying...
HTX crypto exchange overtakes Coinbase in trading volumes
28.5.2024
Coinbase is lagging behind HTX and Bitrue exchange, with around $2 billion in spot trading volumes
Mt. Gox moves $9.6B worth of Bitcoin. Are creditors now being repaid?
28.5.2024
The transfer represents the first significant on-chain movement from Mt. Gox-related wallets in the past five years, ahead of the October 2024 repayment deadline
Binance Sells Gopax’s Genesis Asset Rights at Steep Discount, Leading to Significant Losses
27.5.2024
Binance, which became the largest shareholder of the South Korean cryptocurrency exchange Gopax, recently sold the asset claims of Gopax victims at less than half their face value.
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How Bitget CEO Gracy Chen plans to shake up the male-dominated crypto industry
27.5.2024
Cointelegraph heard from Gracy Chen, the newly appointed CEO of Bitget, to understand her strategy leading a top crypto exchange as a female in a male-dominated industry
Investigation finds FTX bankruptcy lawyer didn’t conspire with FTX
24.5.2024
An independent probe found that Sullivan & Cromwell was not complicit in the now-defunct exchange's fraud
New York customers can avail of XRP trading by Coinbase now
24.5.2024
The largest crypto exchange in the USA has reintroduced support for XRP, a leading cryptocurrency, in New York on 23rd May 2024. New York residents can buy and sell cryptocurrency on Coinbase once again and trade on Coinbase.com or the cryptocurrency exchange’s mobile applications. The legal head...
Detained Binance Executive Tigran Gambaryan Collapses During Money Laundering Trial in Nigeria
24.5.2024
Tigran Gambaryan, a detained executive of cryptocurrency exchange Binance, collapsed in court due to alleged ill health during his ongoing money laundering trial in Nigeria.
The post Detained Binance Executive Tigran Gambaryan Collapses During Money Laundering Trial in Nigeria appeared first...
Coinbase reopens XRP trading in New York
23.5.2024
Paul Grewal, Coinbase’s chief legal officer, announced that New York users of the exchange can once again trade XRP
WisdomTree Secures Permission To List Crypto ETPs On the London Stock Exchange
22.5.2024
On May 22, WisdomTree was given permission by the Financial Conduct Authority (FCA) to list WisdomTree Physical Bitcoin (BTCW) and WisdomTree Physical Ethereum (ETHW), two of its cryptocurrency exchange-traded products (ETPs), on the London Stock Exchange (LSE).
The post WisdomTree Secures...
Coinbase brings in Tech Against Scams with multiple associates
22.5.2024
Coinbase introduces its landmark initiative, Tech Against Scams, along with the bigwig business houses for going to war against online and finance-related scams. The other players include Match Group, Meta, Kraken, Ripple, Gemini and GASO. The focus will be on creating awareness amongst the masses...
Kraken to maintain USDT listing amid new EU regulations
21.5.2024
A top official at Kraken said they will pursue all possible avenues to offer USDT under the next regime. Crypto exchanges are actively looking for measures to implement regarding stablecoins as the new legislation will emerge soon. USDT, the symbol for Tether, is the largest stablecoin in...