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Bybit unveils TradFi platform to blend crypto and traditional markets
Bybit launched a new platform on June 16 that allows users to trade gold, forex, stock CFDs, global indices, and commodities directly within its app, a first for any major […]
Gemini, Coinbase near EU licenses as regulators clash over rapid approvals
Crypto exchanges Coinbase and Gemini are close to securing regulatory approvals granting them access to operate across the EU, Reuters reported on June 16, citing people familiar with the matter. […]
Coinbase to launch CFTC-cleared perpetual futures trading, Bitcoin-backed credit card for US customers
Coinbase announced a Bitcoin-backed credit card and CFTC-compliant perpetual futures for US customers. The exchange made the revelation during its annual State of Crypto Summit on June 12. Perpetual futures […]
Just 216 Bitcoin holders own over 6 million BTC as market concentration grows
A growing share of Bitcoin’s circulating supply is now concentrated in the hands of major institutional players and centralized entities, a new report by Gemini and Glassnode reveals. According to […]
FTX continues to exclude Nigeria and China in remaining creditor repayments but includes Payoneer
FTX, the bankrupt crypto exchange, has added Payoneer to its creditors’ repayment options, according to a June 10 statement. The new company would serve as an additional asset distribution channel, […]
BiT Global drops Coinbase lawsuit over wrapped Bitcoin delisting
BiT Global, a crypto custody firm tied to entrepreneur Justin Sun, has voluntarily dismissed its lawsuit against Coinbase over the delisting of Wrapped Bitcoin (WBTC). The move ends a months-long […]
Coinbase CEO says unnecessary account restrictions has reduced by 82%
Brian Armstrong, CEO of Coinbase, said in an X post on Friday that the platform has reduced the issue of unnecessary account freezes and restrictions by 82% so far. Noting […]
Gemini files confidential IPO draft as Circle’s shares register a new all-time high near $124
Gemini confidentially filed a draft registration statement with the US Securities and Exchange Commission (SEC) for an initial public offering (IPO) of Class A common stock, according to a June […]
Coinbase data breach spills offline as victims get scam mail
The fallout from Coinbase’s recent data breach has reached a troubling new phase as victims report receiving fraudulent physical letters in the mail, exploiting their exposed personal information to advance […]
WazirX relocates to Panama after Singapore court blocks restructuring efforts
Crypto exchange WazirX suffered a major legal blow after the Singapore High Court rejected its restructuring proposal to relaunch operations following a $230 million hack in July 2024. On June […]