Binance founder and former CEO Changpeng ‘CZ’ Zhao denied speculation that the crypto exchange is looking for a buyer but acknowledged that the company may consider selling a minority stake to investors in the future. CZ addressed the rumors in a social media post on Feb. 17 after speculators suggested the exchange was offloading assets […]
The post CZ refutes Binance sale rumors but open to minority stake offers over time appeared first on CryptoSlate.
Binance co-founder Yi He said the company is frequently approached about potentially taking on new investors
Crypto.com is one of the racing organization's longest-term partners, but Coinbase's logo will make its debut on the track this year.
The legal feud centers on whether digital assets should be classified as securities or are outside the agency's remit.
NYSE Arca has filed to permit staking for Grayscale’s spot Ethereum ETFs, according to a filing on Friday.
Bybit CEO Ben Zhou has confirmed that the crypto exchange is no longer on the blacklist of France’s financial regulator, the Autorité des Marchés Financiers (AMF). This follows over two years of engagement with the regulator to address compliance concerns. In a Feb. 14 post on X, Zhou said: “After more than 2 years of […]
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Coinbase closed 2024 on a strong note, reporting $2.3 billion in revenue for the fourth quarter, According to the firm’s Q4 2024 Shareholder Letter, this figure exceeded market projections of $1.87 billion and marked an 88% increase from the previous quarter. The Brian Armstrong-led exchange saw a 172% jump in trading revenue, reaching $1.6 billion […]
The post Coinbase’s 2024 revenue soars to $6.6 billion as international regulatory wins pay off appeared first on CryptoSlate.
A Washington D.C. district judge has allowed Binance and the SEC to stay their legal dispute for the next 60 days.
Year over year, the crypto exchange's revenue rose to $2.3 billion in Q4 as COIN stock surged 110% over that time period.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
In late 2023, CEO Devin Finzer announced the company would fire half of its employees in a bid to double down on launching “OpenSea 2.0.”
Crypto led Robinhood’s record revenue figures with 487% quarter-over-quarter growth — 733% year-over-year, the analysts noted.
Coinbase is working on returning to the Indian market, TechCrunch reported, citing sources familiar with the matter.
Robinhood reported a staggering 400% surge in crypto trading volume in the fourth quarter, reaching $70 billion, as retail investors flocked back to digital assets amid Bitcoin’s (BTC) rally past $100,000 and renewed enthusiasm for the broader crypto market. The brokerage’s total transaction-based revenue more than doubled year-over-year, climbing 200% to $672 million. Crypto trading […]
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CME Group reported record-breaking crypto trading volumes in the fourth quarter of 2024, reflecting a surge in institutional and retail interest in regulated digital asset derivatives. The derivatives exchange saw an average daily trading volume of approximately $10 billion in crypto futures and options during the final quarter of the year, more than 300% higher […]
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The commission-free brokerage reported fourth-quarter revenue of $1.01 billion, which beat the estimated $944 million.
Crypto.com has officially launched its crypto asset services across all European Economic Area (EEA) states, according to a Feb. 12 X post. The exchange stated: “Crypto.com is proud to confirm from today it can provide crypto asset services cross border to all EEA Member States We look forward to raising our brand profile in vital […]
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Crypto trading volumes across centralized exchanges reached $18.83 trillion in 2024, according to a new CoinGecko report. The study examined the annual cumulative spot trading volume of the leading centralized crypto exchanges from January 2020 through December 2024, revealing shifts in market share and trading activity over the period. Per CoinGecko, Binance accounted for 39.0% […]
The post Crypto trading volumes rebound to $18 trillion in 2024 but lag behind 2021’s peak appeared first on CryptoSlate.
Gemini has secured in-principle approval from Malta’s financial regulator for an investment firm license, marking a significant step in its European expansion, according to a Feb. 11 statement shared with CryptoSlate. This Malta Financial Services Authority (MFSA) approval moves the exchange closer to offering regulated crypto services across the European Economic Area (EEA). European expansion […]
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The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The US Securities and Exchange Commission (SEC) and Binance have jointly requested a 60-day suspension of their ongoing lawsuit, according to a Feb. 10 filing. Both parties explained that this decision was made because the SEC established a dedicated crypto task force under Acting Chair Mark Uyeda. According to the filing, the task force’s work […]
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The joint request was made in consideration of the SEC’s new crypto task force and its potential impact on the crypto regulatory landscape.
The ratio of Binance USDT reserves to user balances also dropped significantly.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Changpeng Zhao said in the notice period of a token's listing, its prices could go high on DEX 'and then people sell on CEX.'
Coinbase CEO Brian Armstrong called the agency "an activist organization that has done enormous harm to the country."
Japan’s Financial Services Agency (FSA) has requested Apple and Google to block downloads of crypto exchange apps operating in the country without proper registration, local media reported on Feb. 7. According to sources familiar with the matter, Apple removed the apps from its App Store in response, while Google has not yet commented on whether […]
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The rapper asked a rhetorical question about "a coin" earlier on Friday, raising speculation whether he would launch a token.
Coinbase has grown beyond its role as a crypto exchange and is now establishing itself as a key player in the broader financial sector in the United States. On Feb. 6, CEO Brian Armstrong said that the platform is evolving beyond crypto trading, positioning itself at the intersection of banking, brokerage, and payments. He shared […]
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The crypto exchange apps targeted are Bybit, MEXC Global, LBank Exchange, KuCoin and Bitget, according to Nikkei.