Coinbase Derivatives will provides round-the-clock futures contracts trading for retail and institutional investors.
German law enforcement has shut down the crypto exchange eXch and seized digital assets valued at over $38 million, according to a May 9 statement. In a joint operation, the Frankfurt Main Public Prosecutor’s Office and the Federal Criminal Police Office (BKA) confirmed that the seizure occurred on April 30, 2025. The move followed a […]
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German prosecutors said eXch explicitly advertised its lack of anti-money laundering measures on platforms of 'criminal underground economy.'
Emirates General Petroleum Corporation (Emarat), the UAE’s federal government-owned fuel retailer, has partnered with Crypto.com to introduce crypto payments at fuel stations, marking a first in the Middle East and North Africa. The initial phase enables crypto payments at 10 Emarat stations across Dubai, with plans to expand the service throughout Emarat’s network, according to […]
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The U.S.-based crypto exchange missed analysts' expected earnings per share by a wide margin, according to its latest filing.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Coinbase has reportedly agreed to acquire crypto derivatives platform Deribit in a deal valued at approximately $2.9 billion. The agreement, which includes a mix of cash and Coinbase stock, would mark the largest acquisition in the company’s history. According to the Wall Street Journal, negotiations have reached the final stages following months of discussions. Coinbase aims […]
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Earlier today, Coinbase agreed to acquire crypto derivatives exchange Deribit in a record $2.9 billion deal.
The deal consists of $700 million in cash and 11 million shares of Coinbase Class A common stock, the crypto exchange giant confimed.
Changpeng Zhao, also known as CZ, said in a Tuesday podcast interview that he has applied for a pardon from President Trump.
Blockchain investigator ZachXBT revealed that Coinbase users lost another $45 million over the past week due to coordinated social engineering scams. The update, shared on his Telegram channel, identifies multiple wallet addresses connected to the theft and links the latest activity to a broader pattern of crypto heists that has persisted for months. The report […]
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Futu Securities, a prominent brokerage based in Hong Kong, has rolled out crypto “deposit services” for users on its Futu NiuNiu platform. According to a May 7 statement, the launch lets investors deposit and trade leading digital assets such as Bitcoin, Ethereum, and Tether. Futu NiuNiu, already known as Hong Kong’s top stock trading app, […]
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The move could help increase trading volumes as the firm has been able to offer Europeans the ability to trade U.S. stocks.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Movement Labs has removed co-founder Rushi Manche and restructured under a new name, Move Industries. The company announced Manche’s termination on May 7, saying: “Movement Labs has terminated Rushi Manche. Movement will continue under different leadership. Details on leadership changes and a revamped governance structure will be coming soon.” The decision follows a high-profile investigation […]
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Gemini operates as a New York Trust Company, which appeals to institutional investors seeking compliance and security.
Documents reveal that the SEC was asked by the NYAG's Office to file a brief in support of their argument that ETH is a security.
Kaiko said bitcoin market depth on Bybit rebounded to pre-hack levels following Lazarus Group's historic $1.5 billion attack.
Coinbase unveiled an open-source protocol for on-chain payments via HTTP called x402. Announced on May 6, the system repurposes the previously unused HTTP 402 “Payment Required” status code to support direct machine-native payments using stablecoins. The protocol enables autonomous agents and applications to pay for API access, data, and services without relying on human intervention, […]
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The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
KuCoin has pushed back against claims suggesting it lost over 77% of its Bitcoin reserves since 2023. The crypto exchange labeled the circulating figures misleading and inaccurate, emphasizing its commitment to transparency and responsible reporting. KuCoin’s falling Bitcoin reserves? The controversy stems from a report by Onchain School, a data-focused platform citing data from CryptoQuant. […]
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Binance's BNB token could rise over 360% in the next few years, according to Standard Chartered's Geoffrey Kendrick.
Following its latest $900 million funding round, Anysphere's valuation has surged to $9 billion, according to the FT.
Binance founder Changpeng Zhao also commented on memecoins, saying 99.99% of them will fail and that they distract from real innovation.
Kraken started 2025 on a high note, reporting a 19% increase in revenue year-over-year to $472 million for the first quarter. The May 1 earnings statement also highlighted a 1% quarter-over-quarter rise in adjusted EBITDA, reaching $187 million. Meanwhile, the company’s performance indicators showed similar momentum. The firm noted that its total trading volume rose […]
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The native token of the Ethereum-based Movement Network, MOVE, plunged to a historic low following Coinbase’s delisting amid the ongoing controversy tied to questionable market-making activities. The US crypto exchange announced on May 1 that it would suspend MOVE trading across its platforms by May 15, citing the token’s failure to meet its listing standards. […]
The post Coinbase delisting sends Movement’s MOVE token to all-time low amid market-making scandal appeared first on CryptoSlate.
Wemix trading is set to cease on local exchanges starting June 2, with token withdrawals ending on July 2, according to the announcement.
The recent controversy surrounding MOVE involved alleged token dumping by a market maker, with Coinbase set to suspend trading of the token.
Kraken earned $472 million in revenue in the first quarter of 2025, a 19% jump year-over-year, according to a blog post on Thursday.
Wintermute accounted for 11% of Robinhood's transaction-based revenues in Q1 while B2C2 accounted for 12%, the same as Citadel.