Exploring the companies and dApps that facilitate the buying and selling of cryptocurrencies.
Crypto.com, Coinbase secure approval from Italian regulator
US-based crypto exchanges Coinbase and Crypto.com have received regulatory approval from Organismo Agenti e Mediatori (OAM) to continue serving the Italian Market
Gemini eyes further staff cuts to control costs amid crypto winter
Reportedly, crypto exchange Gemini is going for the second round of layoffs by firing 15% of staff to further cut costs.
Glassnode data shows Binance’s Bitcoin holdings surpass Coinbase
Coinbase in the last seven days had recorded over 10,000 outflows in its Bitcoin holdings while Binance recorded around 20,000 inflows.
Binance fined €3.3 million in Netherlands for unlicensed operations
Binance has objected to the fine imposed by the Dutch central bank despite the regulator slashing it by 5%.
Bankruptcy lawyers believe Celsius customers may have to wait years for settlement
The lack of legal precedent, on-going lawsuits, and the complexities of a Chapter 11 bankruptcy mean Celsius users may face a long process to recover deposits.
$248M stablecoins flow out of Coinbase as community refutes exchange liquidity issues
Rumors of Coinbase having a liquidity crisis have been refuting by the community as outflows vary in a nervous crypto market.
Crypto trading volume plunges to 18-month low, Coinbase feels the pinch
Derivatives and spot trading volumes have fallen by over 15% since May across top crypto exchanges.
CoinFLEX to enable 10% withdrawals from July 15
The remaining 90% of customer funds will be locked and cannot be withdrawn, traded or used as collateral until further notice.
Celsius officially declares bankruptcy after paying down DeFi loans
Celsius has officially filed for Chapter 11 Bankruptcy after it pays off its DeFi loans on Aave, Compound, and Maker.
Voyager Digital gives update on recovery plan, reinstating user account access
A restructuring plan is in full swing which includes the return of users' funds, but some have reacted angrily to the pro-rata element.
Hackers steal over $4.7M from Uniswap V3 LPs via phishing attack
Uniswap LPs suffered from a phishing attack for 8 hours and lost over 4295 ETH. Binance Intel helped Uniswap out with the attack, which was stopped at July 11, 23:00 UTC.
Embattled exchange CoinFLEX sues Roger Ver for $84 million
CoinFLEX alleges the debt owed by Roger Ver has almost doubled since first being reported. Stakeholders, including the SmartBCH Foundation, are closely monitoring to ensure the interests of all involved are being protected.
Will release of $3B Bitcoin from Mt Gox cause market bottom in August?
137,000 BTC may soon hit the market as Mt Gox is set to release funds to creditors that has been locked up for 7 years. How may this affect the price of Bitcoin and will it cause a further leg down?
Alameda Research happy to repay Voyager loan in its first ever tweet
SBF's Alameda Research has used its first ever tweet to declare that it is happy to return its loan from Voyager "whenever works for Voyager."
Tether reveals how it returned funds to Celsius following liquidation
A BTC loan to Celsius was liquidated "without loss" by Tether. The process resulted in excess funds being returned to Celsius as Tether aimed to "minimize" the effect on the market
Bitstamp backtracks on ‘inactivity fee’ charges
Bitstamp CEO said the community reaction to the inactivity fees charges forced a rethink of the decision.
BlockFi confirms it holds 50% of client funds in short-term positions with 10% in collateral
The crypto lending firm confirmed it holds similar collateral levels to fractional reserve banking while showcasing its ability to deliver for clients with 100% access to funds