Binance’s Market Share Drops amid Regulatory Pressure
The market share of the top cryptocurrency exchange Binance, and its US affiliate, Binance.US, has declined, the latest market data shows. The decline is anticipated...
Bittrex Faced Enforcement Action from Florida before Bankruptcy Declaration
The Florida Office of Financial Regulation (OFR) said it issued a three-count complaint against Bittrex in late April, days before the troubled cryptocurrency exchange filed...
SEC: Coinbase before Lawsuit ‘Understood’ Securities Law Could Apply to Its Business
The US Securities and Exchange Commission (SEC) yesterday (Friday) filed its response to Coinbase’s rejection of its allegations, noting that the cryptocurrency exchange “understood that...
Kraken Co-Founder Jesse Powell Was Investigated by FBI for Allegedly Hacking Non-Profit
Jesse Powell, the Co-Founder of the cryptocurrency exchange Kraken who stepped down as CEO last year, recently faced an investigation by the Federal Bureau of...
Crypto Volumes Climb First Time in 3 Months amid TradFi Push for Spot BTC ETF
The combined value of spot and derivatives trading volumes on centralized exchanges (CEXs) jumped 14.2% for the first time in three months, reaching $2.71 trillion...
Crypto Lending: Unlocking the Potential of Digital Assets
Traditional financial services are being reshaped by innovation in the world of cryptocurrency. Crypto lending is one such innovation, a burgeoning industry that allows individuals...
Binance Loses Top Executives amid Regulatory Challenges
Binance’s senior executives are reportedly leaving the organization following the regulatory crisis facing the cryptocurrency exchange. According to the people familiar with the matter, some...
Gemini Sues DCG, Founder Barry Silbert over Genesis’ Debit in Earn Program
Cryptocurrency exchange Gemini has dragged bankrupt digital lender Genesis’ parent company, Digital Currency Group (DCG), and its CEO, Barry Silbert, to court. In a lawsuit...
Hut 8 Reports Double-Digit Decline in Bitcoins Mined in June
The bitcoin mining company, Hut 8 released its production and operations update for the month of June today (Thursday). In the report, the company disclosed...
Crypto Hacks and Exploits Decline to $300M in Q2: Report
Blockchain security company, Certik, has compiled a report showing the value of cryptocurrencies lost in hacks and exploits during the second quarter of the year....