As is the case with most Super Bowl commercials, Coinbase's latest spot was met with a mix of adoration and derision.
A quarter of the Backpack's utility token will be released to points holders and Mad Lad NFT investors during the token generation event.
The Financial Supervisory Service said it will tighten crypto oversight and toughen penalties for IT-related accidents, Yonhap reported.
The sale is the largest reported domain name transaction in history, and the $70 million sum was paid entirely in crypto.
Bitcoin’s hard cap is easy to understand: there will only ever be 21 million coins. What's hard to understand is that the marginal market is allowed to trade far more than 21 million coins worth of exposure, because most of that exposure is synthetic and cash-settled, and it can be created or reduced in seconds. […]
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Bitcoin experienced a steep decline over the last 24 hours, pushing its price to approximately $60,000 amid an accelerated selloff comparable to the 2022 FTX collapse. BTC had recovered to $69,800 as of press time, according to CryptoSlate data. Still, Glassnode data helped frame the extent to which the price had slipped relative to widely […]
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Mizuho sees prediction markets and institutional custody as key businesses for Gemini to stabilize revenue beyond spot trading cycles.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Some recipients reportedly sold the coins before the exchange's "internal control system and promptly restricted transactions."
Binance moved 42.8% of total spot volume over the past week but absorbed 79.7% of net selling pressure across five major exchanges, according to data from Traderview. The imbalance raises the question of whether a venue needs to handle “most of the market” to set prices for the whole market. The answer is no. A […]
The post Traders dump $4.3 billion BTC on Binance as exchange sells more Bitcoin than other exchanges combined appeared first on CryptoSlate.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Underlying business activity improved in Q4, with adjusted revenue and profitability reaching record levels despite a volatile crypto market.
Gemini links its latest layoffs to a push for a leaner, more automated operating model, saying increased use of AI lets it run faster with fewer staff.
The Bitwise-managed strategy seeks to generate income from otherwise idle crypto holdings while assets remain within Kraken's custody.
The CFTC has scrapped a 2024 proposal to ban political prediction market contracts just as states double down on oversight.
A social media user claimed that Binance sent a cease-and-desist order over his post alleging the exchange's insolvency.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Chicago-based Bitnomial is often the first US exchange to offer many crypto products, like the first regulated XRP futures last year.
Nevada regulators accused Coinbase of offering alleged unlicensed sports betting through the exchange's prediction markets.
Payward derived about 47% of its revenue from trading operations and the remaining 53% from its growing list of other services.
Crypto.com is splitting out prediction markets into a standalone app, as competition among exchanges to offer event-based trading swells.
Crypto advocacy groups called a White House meeting on Monday to discuss an intensely contested topic on how to treat stablecoin rewards.
Cboe explores reviving all-or-nothing options as prediction markets hit record volumes and draw billions in retail trading activity.
Binance just turned its emergency insurance fund into a public, auditable pledge. And it reads like a crisis-repair letter in balance sheet form. The exchange announced Jan. 30 that it will convert SAFU's roughly $1 billion stablecoin reserves into Bitcoin within 30 days, with an explicit promise: if BTC price movements push the fund below […]
The post Binance commits to gigantic Bitcoin purchase as an implicit apology for October liquidation meltdown appeared first on CryptoSlate.
Representatives from Coinbase, crypto trade groups and banking organizations are expected to meet next week to discuss the treatment of stablecoin rewards.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Binance acquired Gopax in 2023 amid its liquidity crisis, opening a pathway for a re-entry into the South Korean market.
Binance announced that it will turn its $1 billion SAFU fund into bitcoin over the next 30 days to support the industry through uncertainty.
Robinhood plans to roll out 24/7 tokenized stock trading and settlement to mitigate GameStop-like disruptions as regulatory clarity matures.
The exchange is also exploring a potential U.S. expansion alongside institutional custody services for tokenized real-world assets.