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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.
The post Binance Sells Gopax’s Genesis Asset Rights at Steep Discount, Leading to Significant Losses appeared...
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...
Ex-Florida congressman joins Coinbase Global Advisory Council
20.5.2024
Stephanie Murphy, Tim Ryan, and Pat Toomey — all former U.S. lawmakers — are on the council advising Coinbase on regulatory matters
Bitcoin price hits $70K as spot and BTC ETF buying surges
20.5.2024
Analysts believe Bitcoin price is en route to new highs now that the recent consolidation phase has come to an end
Binance Encourages Small and Medium Crypto Projects to Tackle Low Float and High FDV
20.5.2024
Binance, the world's largest cryptocurrency exchange, has urged small and medium-sized crypto projects to address the prevalent trend of low float and high fully diluted valuations (FDV).
The post Binance Encourages Small and Medium Crypto Projects to Tackle Low Float and High FDV appeared first...
Gemini Earn to repay customers’ crypto by month-end
20.5.2024
A U.S. court has approved a Chapter 11 bankruptcy plan for the defunct cryptocurrency lender Genesis. According to a company announcement, Gemini, a Genesis creditor, will return assets to customers by the end of the month. Genesis, the bankrupt cryptocurrency lender that ceased operations...
Kraken Says No Plans to Delist Tether’s USDT Stablecoin in Europe
20.5.2024
Cryptocurrency exchange Kraken reassured users it has no plans to delist USDT in Europe and will continue to follow all legal requirements.
The post Kraken Says No Plans to Delist Tether’s USDT Stablecoin in Europe appeared first on Cryptonews
AMF warns: Bybit operates without approval in France
17.5.2024
Bybit, a prominent cryptocurrency exchange, has recently faced regulatory scrutiny in France. Despite the cryptocurrency exchange, it has been in the market for five years. The exchange is estimated to have a user base of 20 million around the world. The fact that the exchange is not authorized...
SEC says crypto exchanges are delisting Naira from P2P platforms
17.5.2024
The Securities and Exchange Commission (SEC) recently announced that cryptocurrency exchanges have begun delisting the Naira for peer-to-peer (P2P) trading platforms. The SEC and the Office of the National Security Advisor (ONSA) issued an order the week prior mandating that digital currency...
Over 80% recent Binance token listings are bleeding red
17.5.2024
Most of the newly launched tokens function as “exit liquidity” for insiders capitalizing on the lack of retail access, due to their high initial FDV