Exchange

Kraken Plans Legal Action Against CertiK Over $3 Million Exploit

The ongoing dispute between cryptocurrency exchange Kraken and security firm CertiK has taken another twist as Kraken plans legal action, alleging that CertiK did...

Bitcoin Exchange Reserve Hits 3-Year Low

The Bitcoin exchange reserve, which measures the total amount of Bitcoin available on exchanges, has hit a three-year low as of June 19, 2024....

Binance to Appeal $4.4M Fine from Canadian Regulator

Binance, a leading cryptocurrency exchange, has filed an appeal against a $4.4 million fine imposed by the Financial Transactions and Reports Analysis Centre of...

Kraken Faces Extortion Threat Over Bug Bounty Report

Cryptocurrency exchange Kraken reports that a research team holds $3 million in digital assets appropriated through a recently discovered bug. Despite this, Kraken asserts...

Crypto Trading Firm Cumberland Secures New York BitLicense

The New York State Department of Financial Services (NYDFS) has granted cryptocurrency trading firm Cumberland a BitLicense, officially authorizing it to operate as a...

NY Attorney General Recovers $50 Million for Gemini

New York Attorney General Letitia James has achieved a significant victory for investors by securing a $50 million settlement from cryptocurrency exchange Gemini Trust...

Former Binance CEO ‘CZ’ Holds 64% of BNB Supply

Former Binance CEO Changpeng Zhao (CZ) reportedly controls 64% of the circulating supply of Binance Coin (BNB), according to a recent report by Forbes....

Binance Reaches 200 Million Users and $100 Billion in Assets Under Custody

Binance, the world’s largest cryptocurrency exchange by daily volume, announced on June 8 that it has reached 200 million global users, marking a significant...

FTX’s $13M Loan to Alex Saunders Exposed in Bankruptcy Report

A recent bankruptcy report from the now-defunct cryptocurrency exchange FTX reveals that the exchange loaned slightly more than $13 million to Australian influencer Alex...

Experts Urge Nigeria to Regulate Naira on Crypto Exchanges

Amid the rapid decline of the naira and soaring inflation rates, the Nigerian government has focused on platforms providing cryptocurrency services. However, many Nigerian...

Binance Resumes Payment Services with Mastercard and Visa

Binance has announced the resumption of its payment services through Mastercard and Visa, signaling a potential easing of the crypto exchange’s recent legal challenges....

Nigeria Defends Prosecution of Binance Exec Amid U.S. Lawmakers’ Criticism

Nigeria's Minister of Information, Mohammed Idris, has defended the prosecution of Binance executive Tigran Gambaryan, asserting that the legal proceedings adhere to the country's...