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Bybit Rises to Second Place in Global Crypto Exchange Rankings, Kaiko Report Reveals
25.6.2024
According to a recent report by Kaiko, Bybit has surged to become the world’s second-largest cryptocurrency exchange by volume, overtaking Coinbase and closely trailing Binance. This climb is attributed to significant increases in market share following the launch of spot bitcoin...
FTX Seeks Creditor Votes as Customers Object Repayment Plan
25.6.2024
Controversy and FTX, the defunct cryptocurrency exchange, have become two sides of the same coin since the course of its infamous bankruptcy claim. FTX is back in the headlines due to creditors’ dissension over the repayment plan set up by the exchange. According to a Reuters report, FTX...
Bybit surpasses Coinbase in market share after Binance's decline
25.6.2024
Bybit became the world’s second-largest crypto exchange, while the leading exchange, Binance, has lost some market share due to previous regulatory issues
Bitcoin exchange balances 'overrated?' 140K BTC Mt. Gox payout sparks debate
25.6.2024
Bitcoin exchange balances are not a go-to yardstick for BTC price strength, one commentator argues as others dismiss the latest Mt. Gox fears
Coinbase is the most impersonated crypto brand by scammers: Report
24.6.2024
Although Coinbase continues to be the most impersonated brand in the crypto industry, Meta was targeted by over 25 times as many scammers as the exchange
Mt. Gox Trustee to start Bitcoin, Bitcoin Cash repayments in July
24.6.2024
After a decade of anticipation, July might finally bring restitution to the users of the now-defunct Mt. Gox exchange
General counsel of Binance talks about her challenges in crypto
24.6.2024
Eleanor Hughes, the General Counsel of Binance, recently interacted with the media to talk about the challenges she is facing in the crypto world. She has covered the grounds under a dispute with the Nigerian authorities and strict monitoring by the US authorities. While she has not pinned...
LBank Exchange Will List DED (DED) on June 24, 2024
24.6.2024
PRESS RELEASE. Road Town, BVI, June 24, 2024 – In a significant move for cryptocurrency and mobile technology enthusiasts, LBank Exchange, a premier global digital asset trading platform, has announced the listing of DED (DED) on June 24, 2024. Users of LBank Exchange can brace themselves...
SEC Demands $102M From Ripple, Dems Reportedly Prepare for Crypto Roundtable, and More — Week in Review
23.6.2024
The U.S. Securities and Exchange Commission (SEC) is seeking a $102.6 million penalty from Ripple in the XRP case. Meanwhile, the Biden administration, along with Mark Cuban and Representative Ro Khanna, are preparing for a crucial crypto roundtable. A Bank of America report reveals that younger...
Binance assists BtcTurk attack probe, freezes $5.3M in 'stolen funds'
23.6.2024
Binance is assisting in investigating the malicious attack on Turkish crypto exchange BtcTurk, according to Binance CEO Richard Teng
US Lawmaker Urges Nigerian Government to Grant Humanitarian Release for Jailed Binance Employee
22.6.2024
Two U.S. lawmakers, French Hill and Chrissy Houlahan, have added their voices to calls for the release of jailed Binance executive Tigran Gambaryan. The lawmakers made this call shortly after visiting Gambaryan at Nigeria’s notorious Kuje Prison. Hill believes that Gambaryan is being wrongfully...
Digital Scarcity — Billionaire Michael Dell and Michael Saylor Exchange Dialogue on Bitcoin
21.6.2024
On June 20, Michael Dell, the Chief Executive Officer of Dell, the American technology company known for developing, selling, repairing, and supporting computers and related products and services, shared his thoughts on bitcoin via the social media platform X. This interaction began with a response...
Centralized crypto exchanges are key for mass adoption, despite FTX collapse
21.6.2024
Hybrid, non-custodial exchanges could help restore industry trust in crypto but CEXs remain key for onboarding new users
Customers protest exchange bankruptcy plan: ‘We never gave FTX our coins!’
21.6.2024
A committee representing the interests of FTX customers is pushing back against a proposed bankruptcy plan, claiming that it violates their property rights
Binance supports OCEAN, FET, and AGIX token merger into ASI
21.6.2024
Ocean Protocol ($OCEAN), Fetch.ai ($FET), and SingularityNET ($AGIX) announced the merger of their tokens to collectively make ASI, or Artificial Superintelligence. Binance has now come forward with its announcement, saying that it will support the token merger by handling all the technical...
3iq Files to Launch Solana Exchange-Traded Product in Canada
21.6.2024
3iq Digital Asset Management has announced that its solana fund has filed a preliminary prospectus for an initial public offering in Canada. The fund aims to become the first solana (SOL) exchange-traded product (ETP) in North America. Its objectives include providing exposure to...
Crypto.com adds passkeys and hardware tokens for advanced security
21.6.2024
Crypto.com, a certified and secure platform, has implemented state-of-the-art security measures, including hardware tokens and passkeys, to ensure that all transactions are authentic. These hardware identifiers are comparable to Yubikeys. Jason Lau, the Chief Information Security Officer...
FCA busts suspects in a $1.2B illegal crypto asset business
21.6.2024
FCA arrests two suspects involved in a $1.2 billion illegal crypto asset exchange, highlighting the agency's efforts to combat financial crime
Fake ID crypto exchange sign-ups attract 2-year prison sentence
21.6.2024
Australian authorities sentenced a man who had used other people’s identities to open accounts on crypto exchanges
UK Crackdown: Illegal Crypto Exchange Operators Arrested in £1 Billion Trading Bust
21.6.2024
The UK Financial Conduct Authority (FCA), in collaboration with the Metropolitan Police Service, conducted an operation leading to the arrest of two individuals, aged 38 and 44, suspected of running an illegal crypto asset exchange. It is believed that over £1 billion of unregistered crypto assets...