Search
FTX Debtors Report $8.9B Shortfall in Customer Funds and ‘Highly Commingled’ Assets in Latest Presentation
3.3.2023
On March 2, 2023, FTX debtors released their second stakeholder presentation, which contains a preliminary analysis of the now-defunct cryptocurrency exchange’s shortfalls. The latest presentation reveals a significant shortfall, as approximately $2.2 billion of the company’s total...
Binance launches anti-scam campaign after Hong Kong pilot run
3.3.2023
The new campaign features a withdrawal warning message that attempts to prevent users from sending their crypto to scammers
Coinbase announces acquisition of One River Digital Asset Management
3.3.2023
As part of the acquisition, Coinbase said One River Digital’s team would join the exchange and CEO Eric Peters would stay to lead the firm under the name Coinbase Asset Management
Crypto Exchange Bitzlato Restores Access to User Funds
3.3.2023
Russia-linked cryptocurrency exchange Bitzlato has begun processing withdrawals of digital assets belonging to its customers. The trading platform was shut down in an operation carried out by law enforcement agencies in the U.S. and Europe alleging that it had been used to launder dirty money....
FTX presentation shows 'massive shortfall' in firm's assets
3.3.2023
FTX and FTX US together have billions in deficits in their exchange wallets and fiat accounts, uncovered in a "huge effort" according to the exchange's CEO
Coinbase Severs Ties With Silvergate Bank Amidst JPMorgan Downgrade and Delayed SEC Filing
2.3.2023
On March 2, 2023, the cryptocurrency exchange Coinbase announced that, in light of recent developments, the company is “no longer accepting or initiating payments to or from Silvergate Bank.” The news follows the crypto bank’s delay of its annual 10-K filing with the U.S....
Brian Armstrong seeks a clear regulatory framework
2.3.2023
The US Securities and Exchange Commission continues investigating platforms that have broken the law by putting investors and their funds at risk. All of it comes down to categorizing their staking services under securities. A slight objection has now come from Brian Armstrong, the Chief Executive...
Koii Labbs, Idexos launch middleware bridge aiming to replace CEXs
1.3.2023
The multi-chain bridge aims to provide a decentralized alternative to centralized exchanges by enabling cross-chain transactions by self-custodied token holders
Coinbase CEO reiterates that 'staking' products aren't securities
1.3.2023
The SEC is broadening its investigation into crypto exchanges and has targeted staking products for potential securities violations
Coinbase leads Crypto435 campaign in the US
1.3.2023
The crypto community in the US has a chance to make their voices heard by legislators and regulators. Coinbase is building a bridge between them through the Crypto435 campaign. It only requires the community to fill out the form and see how their voices affect the growth of cryptocurrency. Every...
Former FTX Director to reportedly plead guilty to fraud charges
28.2.2023
Nishad Singh has reportedly agreed to plead guilty to one count of wire fraud, one count of conspiracy to commit wire fraud on FTX customers, and one count of conspiracy to commit commodities fraud
Coinbase to suspend BUSD trading due to regulatory crackdown
28.2.2023
Coinbase, the second-biggest crypto exchange by trading volume, announced the suspension of BUSD trading. The exchange has also delisted the Paxos-backed stablecoin from the platform. Paxos recently received an ultimatum from the NYDFS (New York State Department of Financial Services.)...
Coinbase to Suspend Trading of BUSD Amid Regulatory Crackdown
28.2.2023
Cryptocurrency exchange Coinbase announced it will suspend trading and delist the Paxos-managed stablecoin asset BUSD. The decision follows Paxos’ revelation that the New York State Department of Financial Services directed the firm to stop issuing the U.S. dollar-pegged token BUSD. Coinbase...
Is the SEC’s action against BUSD more about Binance than stablecoins?
27.2.2023
The SEC’s enforcement action against BUSD raises questions about whether the regulatory body is focused on the stablecoin market or the crypto exchange Binance
Coinbase launches Base testnet & enhances dapps onchain
27.2.2023
Incubated within Coinbase, Base testnet goes live with the ability to enable developers to come up with secure and low-cost decentralized applications. Base has been developed with the intention of keeping it developer-friendly solely for the purpose of making it easier for every developer across...
Texas objects to Voyager-Binance.US deal, court filing shows
26.2.2023
Texas claims that Binance.US's terms of service and restructuring plan contain inadequate disclosures, and discriminate against Texas creditors
FTX Japan allows total withdrawal of funds; users rejoice the 'escape'
26.2.2023
Numerous community members have confirmed that all their money has been paid out. However, the FTX investors watching from the rest of the world remain hopeful of a similar outcome
Crypto Biz: Coinbase has a lot at stake
24.2.2023
Coinbase says its staking product offerings are different than Kraken's, which came under SEC scrutiny and resulted in a $30 million fine
Kamino Finance x Raydium: Launch of new well-managed vaults
24.2.2023
What can only be called one of the best developments, it has been learned that Kamino Finance and Raydium have extended their hands for a partnership to better provide trading experience on Solana DEX. The announcement was made by Kamino through an official Twitter handle and a blog post. Per...
Binance Looking to Hire Developers, Support Staff in Romania
24.2.2023
Global crypto exchange Binance is now hiring IT specialists and customer service representatives for its operations in Romania. The leading coin trading platform is also engaged in a number of educational initiatives in collaboration with Romanian universities and authorities. Cryptocurrency...