Kraken said its revenue rose 18% year-on-year in the second quarter of this year, but its adjusted EBITDA declined 7%.
Cboe BZX Exchange and NYSE Arca proposed listing standards for crypto exchange-traded funds to expedite the process for public trading.
Options provide crucial risk management capabilities for miners, institutional holders, and trading firms seeking to hedge price exposure.
Coinbase has entered a new agreement with JPMorgan Chase, according to a July 30 statement, to expand crypto access for the bank’s 80 million customers. The partnership will allow Chase users to interact with digital assets directly through Coinbase-linked services, starting later this year. Beginning in the fall, Chase credit card holders will be able […]
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The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Sumit Gupta, CEO of Indian crypto exchange CoinDCX, has publicly denied reports suggesting the company is in acquisition talks with US-based crypto platform Coinbase. The speculation emerged after a Livemint report claimed that negotiations were underway between the two crypto trading platforms. However, Gupta quickly dismissed the claims in a July 29 post on X […]
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Galaxy Digital wallets have routed over 17,000 BTC to major exchanges within the past 24 hours, according to data from Arkham Intelligence. The transactions, totaling more than $1.7 billion at current prices, involved deposits to Binance, OKX, Bybit, and Bitstamp, following a wave of internal transfers from the firm’s primary custodian address. Between July 15 […]
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Cathie Wood-led investment firm Ark Invest sold a total of 30,051 Coinbase shares across two of its ETFs on Thursday.
The Hong Kong-based crypto firm said it plans to use the proceeds for its international expansion and stablecoin initiatives.
WOO X suffered an authorized breach on July 24, resulting in the theft of roughly $14 million in crypto. The exchange said it is investigating the “contained incident” and revealed that the breach resulted in unauthorized withdrawals from nine user accounts. The exchange has paused withdrawals as a precaution. It added in its statement that it […]
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A growing majority of Gen Z crypto traders are turning to artificial intelligence (AI) to guide their strategies and it’s making them less prone to panic selling. According to a July 24 report from MEXC Research, which analyzed over 780,000 Gen Z trading accounts in the second quarter, found that 67% of users aged 18 […]
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The centralized exchange said it is tracking the funds alongside external security firms and will make customers whole.
Institutional exchange clients can now hold the tokenized money market fund for use as off-exchange collateral for derivatives trades.
The move would 'unlock a new wave of use cases powered by onchain protocols and infrastructure,' the crypto exchange said.
The FTX Recovery Trust has set Aug. 15 as the record date for its next distribution to creditors, with payments expected to begin around Sept. 30, according to a statement released on July 23. The window covers holders of allowed Class 5 Customer Entitlement Claims and Class 6 General Unsecured Claims under the confirmed plan, […]
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The bankruptcy court allowed FTX to reduce the claims reserve by $1.9 billion, freeing up funds to be distributed to former customers.
The regulator said that financial institutions need to abide by the existing 2017 rule until there is a new guideline.
The US Justice Department has closed its investigation into Kraken’s founder Jesse Powell, and returned dozens of laptops and mobile phones agents seized during an FBI raid two years ago, Fortune reported on July 22. The federal case did not revolve around Kraken’s operations, but rather a bitter governance fight at the Verge Center for […]
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Hyperliquid's trading momentum has been substantial, processing over $150 billion in volume during July alone.
The Justice Department has dropped its investigation into Kraken co-founder Jesse Powell tied to a nonprofit group, according to Fortune.
PNC partners with Coinbase to offer clients crypto trading and custody as more banks dip toes in the digital asset economy.
Bitcoin and Ether futures with 10x leverage and a 5-year expiration are now available to US users of Coinbase.
BitGo has filed confidential paperwork with the U.S. Securities and Exchange Commission (SEC) for a potential initial public offering, signaling its intent to enter public markets amid renewed momentum in the digital asset sector. The company’s Form S-1 submission does not include share counts or pricing details, and the offering remains contingent on regulatory review […]
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Ark Invest sold 218,986 Coinbase shares on Monday, one trading day after Coinbase hit its all-time high of above $437.
Coinbase debuted its offering of perpetual futures contracts in the US on July 21, starting with the contracts “nano Bitcoin Perpetual Futures” and “nano Ether Perpetual Futures (ETH-PERP).” Coinbase Futures announced on X that the new listings will carry no monthly expirations, allow a margin of up to 10x, and charge taker fees as low […]
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The $44 million exploit targeting India-based crypto exchange CoinDCX has been linked to North Korea’s Lazarus Group, according to blockchain security firm Cyvers. In a July 21 statement shared with CryptoSlate, Cyvers CEO Deddy Lavid said the attackers followed a pattern reminiscent of previous Lazarus operations. The tactics included using cross-chain bridges and Tornado Cash […]
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Aave expects the initiative to expand its presence in the institutional lending space, alongside earning a share of Ink's revenue.
The attack took place one year after a massive $230 million hack took down WazirX, then India's largest crypto exchange.
Coinbase stock soared to a new all-time high of $436 during early trading on July 18, driven by renewed investor confidence following significant legislative wins for the crypto industry. According to Yahoo Finance data, this is the highest price for Coinbase shares since the company debuted on the Nasdaq in 2021. The price increase also […]
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COIN's rise comes amid a slew of positive news in the crypto space, particularly the passage of stablecoin and digital asset bills.