crypto exchange

Crypto exchange Binance (CRYPTO: BNB) has been subject to an investigation by Australia's financial markets watchdog. This is part of an ongoing inquiry into the company's now-closed local derivatives business, Bloomberg reported, quoting sources. The Australian Securities and...

In a recent ruling, a federal court has mandated cryptocurrency exchange Kraken must provide account and transaction details to the Internal Revenue Service (IRS). The IRS stated it requires this information to investigate whether Kraken's users have failed to accurately report their...

Crypto exchange FTX (CRYPTO: FTT) is actively seeking to reestablish its principal international exchange platform. This initiative comes in the wake of the company's turmoil due to allegations regarding the loss of nearly $9 billion of client funds before it crumbled last year. John J. Ray III...

Robinhood Markets Inc (NASDAQ: HOOD), is cutting about 7% of its full-time staff in response to a slowdown in customer trading activity and reduced customer engagement. As reported by the Wall Street Journal, the company is making these layoffs to adjust to volumes and align team structures....

Crypto.com, a prominent player in the cryptocurrency sector, has made strides in expanding its footprint in Europe. What Happened: The company just secured a coveted registration as a Virtual Asset Service Provider (VASP) from the Bank of Spain. This green light allows the platform to...

24 Exchange, a trading platform that secured $14 million in funding in late 2021, which included support from Point72 Ventures led by Steve Cohen, has decided to discontinue its spot cryptocurrency product. This comes as global regulators intensify their scrutiny of cryptocurrencies. The Bermuda-...

Cryptocurrency custody firm BitGo announced on Twitter the termination of its intended acquisition of Prime Trust. The decision was reached after thorough evaluation and efforts to establish a feasible partnership.  “After considerable effort and work to find a path forward with Prime...

Attorneys for Binance.US, Binance Holdings Ltd., and CEO Changpeng Zhao are blasting the U.S. Securities and Exchange Commission (SEC) for putting out “misleading” information and not adhering to the “applicable rules of conduct.” A court filing, dated June 21, shows the...

The closing down process of cryptocurrency exchange FTX (CRYPTO: FTT) is anticipated to come with an astronomical price tag as professional fees have already surpassed $200 million, according to a court document submitted on Tuesday by a court-appointed examiner. Katherine Stadler, an attorney...

Major cryptocurrencies like Bitcoin (CRYPTO: BTC), Ether (CRYPTO: ETHER) and Dogecoin (CRYPTO: DOGE) are trading at a monthly high on Wednesday. Bitcoin, the world's largest digital currency, broke $26,500 for the first time in over a month to make a high of $29,883, up about 11% over the past...

EDX Markets, a crypto exchange exclusively for institutional investors, has launched with the backing of big financial players like Citadel Securities, Fidelity Digital Assets, and Charles Schwab Corp (NYSE: SCHW). This development has the potential to transform the cryptocurrency sector,...

Gemini, a cryptocurrency exchange based in New York, has set its sights on the Asia-Pacific (APAC) region as it seeks to broaden its global presence. The exchange considers this region as a catalyst for the future expansion of the cryptocurrency market. The company conveyed its enthusiasm in a blog...

The Federal Deposit Insurance Corporation (FDIC) has accused cryptocurrency exchange OKCoin of making false and misleading claims regarding its insured status. This week, the FDIC sent a cease-and-desist letter to OKCoin, demanding the immediate correction of the claims. Allegations...

Binance and Binance.US, along with the Securities and Exchange Commission (SEC), have come to a preliminary agreement to ensure that only employees of Binance.US can have access to customer funds in the near future. The tentative agreement is awaiting approval from the federal judge...

Crypto exchange Binance is facing scrutiny in France as the local unit is being investigated for allegedly providing digital asset services without the necessary legal permissions and for purported involvement in money laundering activities. The probe is centered around the accusation that...