Crypto exchange

Coinbase Files Appeal Against SEC Lawsuit Decision
Crypto

Coinbase Files Appeal Against SEC Lawsuit Decision

Coinbase has filed a motion to appeal a judge’s ruling from last month that allowed the SEC’s lawsuit against the company to move forward. Coinbase’s chief legal officer, Paul Grewal, announced the appeal in an X post today. The appeal, if granted, would enable the Second Circuit Court to review the US Securities and Exchange […]

Apr. 13, 2024
Detained Binance Executive Gambaryan Sues Nigerian Authorities
Crypto

Detained Binance Executive Gambaryan Sues Nigerian Authorities

According to local reports, detained Binance executive Tigran Gambaryan filed a lawsuit against Nigeria’s National Security Advisor (NSA) and the Economic and Financial Crimes Commission (EFCC) on March 28 for violating his basic human rights.  Nigerian authorities detained Gambaryan, a US citizen overseeing the exchange’s crime investigation unit, along with Nadeem Anjarwalla, Binance’s regional manager […]

Mar. 29, 2024
Bitcoin Price Suddenly Crashes to $8,900 on BitMEX in Violent Flash Crash
Bitcoin

Bitcoin Price Suddenly Crashes to $8,900 on BitMEX in Violent Flash Crash

The crypto markets were rocked late Monday by a shocking flash crash of Bitcoin’s price on the BitMEX exchange. In a matter of minutes, the value of Bitcoin plummeted from around $67,000 to $8,900 before rapidly recovering. @syq reported that an enormous sell order of over 850 Bitcoins worth around $55 million on the BitMEX […]

Mar. 19, 2024
OKX Expands into Argentina: Empowering Crypto Access and Trust
Crypto

OKX Expands into Argentina: Empowering Crypto Access and Trust

Crypto exchange OKX  announced its latest expansion today and officially launched its exchange and Web3 Wallet in Argentina. Besides, OKX is now the most secure trading platform, where Argentinians can find opportunities to take part in staking, with access to a wide range of crypto assets and deep liquidity. OKX Web3 Wallet, which is non-custodial, […]

Feb. 8, 2024
FTX Ends Two-Year Saga with Full Customer Refunds and Liquidation
Crypto

FTX Ends Two-Year Saga with Full Customer Refunds and Liquidation

FTX has decided to repay its customers fully. According to a Bloomberg report, FTX informed the bankruptcy judge it would refund creditors and customers who could demonstrate their losses. After two years of struggling to reach an agreement, FTX has finally agreed to pay for all the losses incurred by its customers. During a Wednesday […]

Feb. 2, 2024
Binance.US Faces Suspension of Operations in Alaska and Florida
Crypto

Binance.US Faces Suspension of Operations in Alaska and Florida

Regulators in Florida and Alaska have forbidden Binance.US from operating in their states, according to a report by The Wall Street Journal on January 25. The Alaska Division of Banking and Securities rejected Binance.US’s operating license renewal this month. The decision sparked speculation about the underlying reasons and potential ramifications for the exchange’s operations. At […]

Jan. 26, 2024
Gemini Triumph: Cryptocurrency Exchange Rockets into France
Crypto

Gemini Triumph: Cryptocurrency Exchange Rockets into France

Gemini, the cryptocurrency exchange founded by Cameron and Tyler Winklevoss, is gearing up to expand into the French market significantly. The platform recently achieved a milestone by securing registration as a Digital Asset Service Provider (DASP) from the Autorité des Marchés Financiers (AMF), France’s highly esteemed financial markets regulator. 🇫🇷 Salut! We are thrilled to […]

Jan. 19, 2024
Coinbase Acquiring Cyprus-based Entity To Expand Derivatives Offering In EU
Crypto

Coinbase Acquiring Cyprus-based Entity To Expand Derivatives Offering In EU

Crypto exchange Coinbase revealed plans to offer crypto-linked derivatives in the European Union (EU) market. Coinbase said it has entered into an agreement to acquire the Cyprus-based entity, which holds a Markets in Financial Instruments Directive 2014 (MiFID II) license. The acquisition is subject to regulatory approval, and Coinbase expects the deal to close later […]

Jan. 6, 2024
Coinbase Custody Prepares for Bitcoin ETFs with Leadership Changes
Bitcoin

Coinbase Custody Prepares for Bitcoin ETFs with Leadership Changes

Coinbase Custody is gearing up for the eagerly anticipated spot Bitcoin ETFs, making strategic adjustments to its operations, as reported by Bloomberg on Dec 29. A Coinbase representative underscored the extensive preparations for ETF approval. They highlighted their systems’ rigorous design and testing to accommodate increased trading volume, enhanced liquidity, and general surges in demand. […]

Dec. 30, 2023