Binance has completed the $1 billion transition of its SAFU reserves into bitcoin, confirming the fund holds 15,000 BTC.
Cathie Wood's Ark Invest bought more Bullish and Circle shares on Wednesday through its exchange-traded funds.
AI bots will now be able to independently hold funds, send payments, trade tokens, earn yield, and transact onchain.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The FCA has escalated enforcement against HTX, launching legal action over alleged illegal crypto promotions to UK consumers.
BlackRock is bringing its tokenized Treasury fund BUIDL to Uniswap through Securitize, marking its first direct DeFi trading integration.
The structure lets institutional traders keep assets in regulated custody while still deploying them in crypto markets.
Bitstamp volumes helped soften the impact of weaker crypto trading on Robinhood as the company leans more on international activity.
Former FTX CEO Sam Bankman-Fried is seeking a new trial after being found guilty on multiple fraud charges.
Interactive Brokers has onboarded nano BTC and ETH futures from Coinbase Derivatives for expanded 24/7 crypto derivatives trading.
The measures are intended to prevent the emergence of “heirs” to the Russian crypto exchange Garantex, which the EU sanctioned last year.
LMAX has launched Omnia, a cross-asset exchange enabling 24/7 FX, crypto, and blockchain-based settlement through a single API interface.
Ledger Wallet users will soon have access to OKX DEX directly, enabling non-custodial crypto swaps secured by hardware wallets.
Bithumb sent 620,000 BTC by mistake last week, exposing weaknesses in internal controls and risk management.
Ark Invest bought $1.83 million worth of Bullish shares on Monday, as Bullish shares closed up 16.76% at $32.05.
The crypto exchange and wallet project founded by former FTX employees is reportedly in talks to raise $50 million at a $1 billion valuation.
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. […]
The post Binance trading data reveals why Bitcoin prices are sliding even as spot buyers flood the market with bids appeared first on CryptoSlate.
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 […]
The post Bitcoin whales are dumping massive amounts of supply on exchanges as liquidations mirror the 2022 FTX market collapse appeared first on CryptoSlate.
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.