Crypto.com increased its share of the centralized crypto exchange market in 2024, while industry leaders Binance and OKX saw declines, according to a report from CCData. Among the largest exchanges, Binance, Bybit, and Coinbase led in spot trading volume in December, collectively accounting for 55.7% of total volume — down from 58.4% in November. Centralized […]
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Coinbase added four high-profile figures as its advisors, including former US Senator Kyrsten Sinema and Chris LaCivita, co-campaign manager for President Donald Trump’s re-election bid. The Coinbase advisory council also welcomes Bill Dudley, the former president of the Federal Reserve Bank of New York, and Luis Alberto Moreno, an expert in global development and international […]
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The index, comprising 13 assets, aims to provide a standardized benchmark for U.S.-focused crypto investment strategies.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Crypto.com will be delisting Tether’s USDT stablecoin by Jan. 31 as part of efforts to comply with Europe’s Markets in Crypto-Assets (MiCA) regulation, according to emails obtained by CryptoSlate. The exchange will also remove nine other tokens, including Wrapped Bitcoin (WBTC), DAI, Pax Dollar (USDP), PayPal USD (PYUSD), Crypto.com’s Staked ETH (stETH), Staked SOL (stSOL), Liquid […]
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The stock trading and investing platform has increasingly sought to offer additional crypto-related investment opportunities.
Coinbase has strengthened its Global Advisory Council with four political and financial heavyweights, signaling a deeper push into policymaking.
YZi Labs made its first investment in crypto startup Sign, with the amount of the funding round reported to be around $16 million.
US Senator Cynthia Lummis has filed an amicus brief supporting Coinbase in its ongoing legal battle against the Securities and Exchange Commission (SEC), accusing the agency of exceeding its authority and undermining congressional oversight. The Wyoming Republican, a long-time advocate for crypto, described the SEC’s enforcement-driven regulatory strategy as a violation of constitutional principles. Amicus […]
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Coinbase has received approval to launch its platform in Argentina after successfully registering as a Virtual Asset Service Provider (VASP) with Argentina’s National Securities Commission (CNV), according to a Jan. 28 announcement. Fabio Plein, Coinbase’s Director for the Americas, highlighted that crypto “isn’t just an investment” for Argentinians but rather a necessity for regaining control […]
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Cboe BZX Exchange Inc. filed a fresh set of filings for firms vying for a spot Solana exchange-traded fund.
Three of the top five decentralized exchanges now operate on Solana, highlighting the network's growth in the past weeks.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Sen. Cynthia Lummis accused the U.S. SEC under former Chair Gary Gensler of undermining lawmakers' efforts to regulate crypto.
The Tuesday probe follows France's prior investigation in Binance regarding supposed illegal canvasing of clients and money laundering.
KuCoin pleaded guilty to operating an unlicensed money-transmitting business in a settlement with the U.S. Department of Justice on Jan. 27, agreeing to exit the U.S. market for two years and pay penalties nearing $300 million. The plea addresses allegations the exchange failed to register with the Financial Crimes Enforcement Network, maintain anti-money-laundering safeguards, and […]
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Several investor groups are trying to ramp up their crypto activity amid the political shift under President Trump, according to Bernstein.
Coinbase CEO Brian Armstrong has called for an overhaul of the token listing process, citing the explosive growth of cryptocurrencies and the limits of traditional evaluation methods. His comments, made in a Jan. 26 social media post, come as the industry grapples with an unprecedented influx of new tokens driven by blockchain innovation and the […]
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Cboe BZX Exchange Inc. filed changes for its spot Bitcoin and Ethereum ETFs to allow for in-kind redemptions, instead of cash.
KuCoin has pleaded guilty to U.S. criminal charges related to operating an unlicensed money-transmitting business.
Of the 100 million VVV created at Genesis, half are being airdropped to Venice users and crypto AI community projects on the Base blockchain.
The disclosure was made after crypto sleuth ZachXBT wrote about the exploit in his “Investigations by Zach” Telegram channel.
A U.S. House committee says it is investigating alleged debanking in the crypto industry, according to a recently published letter.
The Singapore High Court has approved Zettai Pte Ltd’s request to convene a meeting with creditors of the crypto exchange WazirX, allowing the company to present its restructuring proposal. The decision is a critical step in Zettai’s efforts to address debts and recover from the $230 million hack of WazirX linked to North Korea’s Lazarus […]
The post Singapore court backs WazirX plan for post-hack revival appeared first on CryptoSlate.
More than $70 million worth of cryptocurrencies were drained from the platform, likely by a sophisticated group of actors.
OKX has obtained a Markets in Crypto-Assets Regulation (MiCA) pre-authorization license, according to a Jan. 23 statement shared with CryptoSlate. The exchange plans to operate in the European Economic Area (EEA) through its Malta-based hub, offering services to over 400 million users. MiCA provides a unified regulatory framework for the EU crypto market with the […]
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Singapore-based crypto exchange Phemex has temporarily suspended withdrawals following a reported $37 million exploit targeting one of its hot wallets. On Jan. 23, the exchange announced this decision to allow for an emergency inspection and to enhance its wallet security measures. Phemex assured users that withdrawals would resume soon and apologized for the inconvenience. Cyvers, […]
The post Phemex reassures users with a compensation plan after $37 million hot wallet breach appeared first on CryptoSlate.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Months after his release from U.S. prison, Zhao will take an "active role" in Binance's rebranded venture capital wing, YZi Labs.
Gelato and Kraken will run challengers, making Ink the first Superchain network to feature multiple challengers at launch.