Exchange

WazirX NFT Marketplace Shuts Down Amid Tough Business Environment

Indian cryptocurrency exchange WazirX has announced that it is shutting down its non-fungible tokens (NFT) marketplace due to a lack of traction, amid high...

Coinbase reports Q4 revenue beat, expects more crypto regulation in 2023

Cryptocurrency exchange Coinbase reported its Q4 2022 earnings on Tuesday, with net revenue of $605 million, surpassing analysts' estimates of $588 million. The revenue...

Binance’s BUSD Market Cap Drops by $2.5B Amid Regulatory Scrutiny

Binance, one of the world's largest cryptocurrency exchanges, has witnessed a $2.5 billion outflow from its stablecoin (BUSD) as U.S. regulators intensified their scrutiny...

Binance Executives Expect to Pay Fines to Settle US Probes on Compliance

Binance, the world's largest cryptocurrency exchange, is expecting to pay monetary penalties to settle investigations into its business in the US, according to the...

Binance and Huobi freeze $1.4M in crypto linked to Harmony Bridge hack

Crypto tracing firm Elliptic reported on Tuesday that it provided intelligence to Binance and Huobi that led to the freezing of $1.4 million in...

Binance USD (BUSD) Stablecoin Halted by NY Regulators

The New York Department of Financial Services has ordered Paxos Trust Co., the issuer of Binance's dollar-pegged cryptocurrency, to stop creating more BUSD tokens....

SEC’s Plans to Sue Paxos Over Binance USD (BUSD)

The U.S. Securities and Exchange Commission (SEC) is reportedly planning to sue Paxos, the stablecoin issuer behind the Pax Dollar (USDP) and Binance USD...

Coinbase CEO Defends Staking Services Against SEC Scrutiny

In the wake of a $30 million fine levied against rival cryptocurrency exchange Kraken, Coinbase CEO Brian Armstrong has taken a stand to defend...

Kraken to Pay $30 Million and End Staking Services to US Clients

San Francisco-based cryptocurrency exchange, Kraken, has reached a settlement with the US Securities and Exchange Commission (SEC). As part of the settlement, Kraken will...

Kraken Under SEC Investigation for Securities Law Violations

Kraken, a San Francisco-based cryptocurrency exchange, is under investigation by the United States Securities and Exchange Commission (SEC) for violating securities laws. The investigation,...

Former Coinbase Manager Pleads Guilty in Crypto Insider Trading Case

A former product manager at Coinbase Global Inc. has admitted to insider trading in cryptocurrency in the first case of its kind in the...

Binance Launches Tax Reporting Tool

Binance, a leading crypto exchange, has taken a step forward to help its users comply with local tax regulations by launching a tax reporting...