The amount of stolen funds from the Bybit hack that have slipped out of reach continues to rise as the days go by. On April 21, Bybit CEO Ben Zhou revealed that around $400 million, around 27.6% of the $1.4 billion in stolen Ethereum, can no longer be traced. This represents a sharp increase from […]
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Crypto trading GSR lead a $100 million deal into Upexi to help it create a Solana-based cryptocurrency treasury.
Untraceable funds flowed into mixers then through bridges to P2P and OTC platforms, Bybit CEO Ben Zhou said.
One user reported making a six-figure profit from an initial investment under $100, but the exchange plans to roll back the trade.
Vietnam’s Ministry of Finance plans to establish a pilot crypto trading platform with technical assistance from Bybit, as reported by Vietnam Investment Review on April 18. Finance Minister Ho Duc Phoc emphasized that unofficial and unregulated transactions pose a major risk to investors, citing the need for a comprehensive legal framework to guide the country’s […]
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Coinbase is pushing back against a fresh legal challenge from Oregon Attorney General Dan Rayfield, according to an April 18 statement. In a post on social media platform X, Paul Grewal, Coinbase’s chief legal officer, called it a “copycat case” that mimics the US Securities and Exchange Commission’s (SEC) now-dismissed lawsuit against the exchange. According […]
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Arizona is also leading the crypto reserve legislation race and Galaxy Research proposed a new voting system for Solana emissions.
GBP/USD and EUR/USD perpetual futures will be available on Kraken Pro, the exchange's product offering more technical tools for advanced traders launched in 2022.
Oregon's Attorney General lodged a lawsuit against Coinbase similar to federal charges that were dropped a few months ago.
Mantra and associated market makers allegedly manipulated liquidity metrics for the OM token by exploiting vulnerabilities in data aggregators’ self-reporting systems, according to discussions on the latest edition of “The Chopping Block” podcast. The scheme involved misrepresenting the circulating supply and trading volume of OM to create the appearance of broader market activity than existed. […]
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Circle announced the launch of its Refund Protocol on April 17, introducing a non-custodial smart contract system to enable dispute resolution for stablecoin transactions without relying on centralized intermediaries. The initiative addresses what it labels as a key shortcoming of using stablecoins, which is the lack of a built-in mechanism for refunds or chargebacks. The […]
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The steep decline in crypto valuations and a breakdown of key technical indicators may signal the start of a new bear market for digital assets, according to a new report from Coinbase. In its April Monthly Outlook report, the crypto exchange warned that market signals are increasingly pointing to what many in the industry call […]
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In January, Coinbase vowed to improve its Solana transaction processing infrastructure after users experienced withdrawal and depositing issues.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Coinbase International’s Bermuda‑licensed derivatives exchange processed nearly $100 billion in Bitcoin perpetual futures volume last week.
Binance is reportedly guiding several governments on establishing strategic Bitcoin reserves and developing clear crypto regulations. In an April 17 interview on Financial Times, Binance CEO Richard Teng disclosed that multiple countries have approached the exchange for its expertise in navigating crypto-related initiatives. According to him: “We have actually received quite a number of approaches […]
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Coinbase-backed Layer-2 network Base is under fire from the crypto community after promoting a so-called “Content Coin” that lost nearly all its value shortly after launch. The controversy began on April 16 when Base shared a tokenized version of its “Base is for Everyone” post on Zora, a decentralized content-sharing platform, through its official X […]
The post Coinbase-backed Base draws fire for role in ‘pump-and-dump’ style ‘Content Coin’ token launch appeared first on CryptoSlate.
Base faced criticism earlier Wednesday after the 'Base is for everyone' token briefly crashed by 95% following an initial surge in value.
Crypto exchange Bybit announced that it will discontinue a wide range of its Wweb3 products and services by the end of May, according to an April 16 notice. The exchange said the decision is part of a shift in its operational focus as it enters a new phase of growth and innovation. Discontinued services Among […]
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The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Solana's top DEX Raydium has reponsed to Pump.fun's AMM launch by fielding a token creation terminal dubbed "LaunchLab."
Crypto exchange OKX has officially relaunched its operations in the United States, introducing a centralized trading platform, a new Web3 wallet, and a fresh leadership team, according to an April 16 statement shared with CryptoSlate. The exchange stated: “American customers can buy, sell, and convert top cryptocurrencies like Bitcoin, Ethereum, USDT, and USDC, while also […]
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However, crypto prices may find a floor in mid-to-late Q2 — setting up a better Q3 — Head of Research David Duong said.
The exchange plans to roll out services to new US customers in phases, with a nationwide launch expected later in 2025.
The Securities and Exchange Commission has concluded its multi-year review of Coinbase’s financial disclosures without requiring any amendments or restatements, according to a letter released by the agency and shared by the exchange’s Chief Legal Officer Paul Grewal. In an April 15 social media post, Grewal highlighted that the resolution comes after more than two […]
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South Korea’s Financial Intelligence Unit (FIU) has taken fresh action against offshore crypto exchanges operating without regulatory approval. In a new directive issued on April 14, the agency asked Apple to restrict access to 14 mobile applications linked to unregistered digital asset platforms on its App Store. The FIU’s list includes major exchanges such as […]
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Amazon Web Services (AWS) experienced a temporary outage on April 15 that disrupted several major crypto platforms and reignited concerns over the industry’s dependence on centralized infrastructure. On Social media platform X, Binance, the world’s leading crypto exchange by volume, revealed that it temporarily suspended withdrawals as a precaution after facing connectivity issues. The exchange […]
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One hundred days after the Markets in Crypto-Assets (MiCA) framework took effect, most of the crypto industry is still racing to catch up. On April 14, Circle’s executive Patrick Hansen, citing data from the European Securities and Markets Authority (ESMA), reported that only 11 stablecoin issuers and 15 crypto-asset service providers (CASPs) had received authorization. […]
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Kraken is expanding into traditional finance by launching access to over 11,000 US-listed stocks and exchange-traded funds (ETFs), according to an April 14 statement. The crypto trading firm revealed that its users can now trade equities commission-free through Kraken Securities LLC, a newly launched FINRA-regulated arm of the exchange. The service is available to residents […]
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The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.