crypto exchange

Highlights: Kraken remains in negotiations to acquire Deribit, valued between $4 billion and $5 billion. Coinbase is also exploring a potential acquisition of Deribit to expand its trading services. Kraken reported $1.5 billion in revenue in 2024 despite increased regulatory […]

Highlights: Nigeria sues Binance for $81.5 billion over alleged tax evasion and economic losses.  Nigerian authorities claim that Binance has aggravated Nigeria’s currency crisis and violated regulatory policies.  Binance has had more charges of money laundering and unpaid taxes for […]

Highlights: Upbit faces FSC sanctions for failing to verify over 700,000 customer identities. Regulators warn of heavy fines, possible suspension, or stricter compliance measures. Cryptocurrencies are coming under more scrutiny in South Korea, affecting exchanges and institutional trading policies. The […]

Highlights: LAYER falls 16% to $1.08 despite Upbit listing hype. Volume soars 5.2M% to $2.1B in 24 hours. Profit-taking and competition weigh on price. The Solayer price has plunged 16% in the last 24 hours to trade at $1.08 as of […]

Highlights: Gemini receives in-principle approval for an Investment Firm license from the Malta Financial Services Authority (MFSA). The license will allow Gemini to offer regulated perpetual futures and options across the EU and EEA under MiFID II. This approval supports […]

Highlights: Gemini founders are eyeing a U.S. IPO this year amid early advisor talks. Robust trading volume and SEC-led regulatory reforms bolster Gemini’s industry prominence and IPO potential. Gemini accelerates European expansion, appointing three new executives after its VASP license. […]

Highlights: FTX creditors begin reimbursement on February 18 for claims up to $50,000 via BitGo. Eligible creditors receive full claims plus 9% interest, marking first repayments post-restructuring. Bahamas creditors receive initial payments; others will start reimbursements on March 4. FTX […]

Highlights: ZachXBT reveals Coinbase users lost millions in social engineering scams.  Scammers use spoofed emails, fake IDs, and private data to deceive Coinbase users.  ZachXBT urges Coinbase to enhance security or face rising losses and declining trust. Blockchain investigator ZachXBT […]

Highlights: Coinbase Derivatives wants to list Solana and Hedera futures to expand its crypto offering range. Solana futures contract size set at 100 SOL, Hedera at 5,000 HBAR. Coinbase introduces a system to ensure fair settlement and avoid market manipulation. […]

Highlights: Gemini announced it will not hire MIT graduates until the university severs ties with Gensler.  Gensler led the SEC’s actions against Gemini, resulting in a $21 million settlement. Reactions to Gemini’s MIT graduate ban are divided, with both support […]

Highlights: Bybit Pay has debuted in Brazil, highlighting global expansion efforts. With the integration, Bybit wants to streamline fiat and crypto payments for Brazilians. Collaborating with PIX made the partnership more tailored for Brazilian customers. Crypto exchange Bybit announced in […]

Highlights: KuCoin pleads guilty to money-transmitting fraud in the U.S. KuCoin suspends U.S. operations for two years as part of the deal. Founders step down, while KuCoin focuses on better compliance and security. According to a Bloomberg report, KuCoin, a […]