crypto exchange

Stablecoin issuer Tether (CRYPTO: USDT), in collaboration with crypto exchange OKX, Monday announced the freezing of approximately $225 million in USDT tokens that were identified in external self-custody wallets linked to a Southeast Asian human trafficking syndicate involved in a...

Bullish, a cryptocurrency exchange led by former NYSE President Tom Farley, announced the purchase of 100% of CoinDesk Monday from Digital Currency Group in an all-cash deal. What Happened: Post-acquisition, the crypto-focused media company will operate as an independent...

Taiwanese trading firm Kronos Research reported unauthorized access to some of its API keys, leading to an estimated loss of over $25 million. The breach, which occurred over the weekend, prompted a temporary halt in trading activities as the firm conducted a thorough investigation....

Can Sun, former general counsel of FTX, is spearheading the creation of a new exchange, Backpack, along with other ex-FTX executives. This development is especially noteworthy in the context of the upcoming Benzinga's Future of Digital Assets conference on Nov. 14, where the future of...

In the dynamic world of cryptocurrencies, Bitcoin (CRYPTO: BTC) is anticipated to make a significant comeback, potentially reaching its all-time high of over $69,000 by mid-2024, according to an analyst. This projection reflects an 88% increase from its current valuation of around $36,500. These...

Tron (CRYPTO: TRON) founder Justin Sun's promoted crypto exchange Poloniex has reportedly experienced a security breach in one of its wallets, identified as 'Poloniex 4' on Etherscan, leading to a loss of over $120 million. This incident has raised concerns among users and industry...

SEC Chair Gary Gensler has expressed that a revived FTX (CRYPTO: FTT) could operate successfully under new leadership, provided it adheres to the law. This comes amid reports that Tom Farley, former president of the New York Stock Exchange, is among the top contenders to acquire the bankrupt crypto...

Crypto exchange Binance (CRYPTO: BNB) on Wednesday introduced its self-custody Web3 Wallet, making a significant move in the cryptocurrency space. The announcement came during Binance Blockchain Week in Istanbul, emphasizing the wallet's ease of use and high security. This initiative is...

Cryptocurrency token ORDI, connected to the Bitcoin (CRYPTO: BTC) Ordinals framework, has seen a remarkable 50% leap in value over the last day. This upswing in market activity comes after its addition to the listings of the major digital currency platform Binance (CRYPTO: BNB), spotlighting ORDI...

In a gripping courtroom session on Wednesday, Assistant U.S. Attorney Nicolas Roos presented his closing arguments in the high-profile trial of the co-founder of crypto change FTX, Sam Bankman-Fried, in which the narrative portrayed a picture of a man who believed he could deceive countless...

Web3 wallet company Backpack received a Virtual Asset Service Provider (VASP) license from the Dubai Virtual Assets Regulatory Authority (VARA) for Backpack Exchange, which will provide crypto exchange services in Dubai. What Happened? Backpack is also behind Mad Lads, a...

Kasikorn Bank of Thailand, commonly referred to as K-Bank, recently announced its acquisition of 97% of shares in the parent company of the Satang crypto exchange. This platform has been operational since 2017. The transaction, valued at approximately 3.705 billion Thai baht (around $102.8...

Bitcoin (CRYPTO: BTC) self-custody firm CASA CEO Nick Neuman on Thursday voiced concerns regarding what he said are unusual activities surrounding global cryptocurrency exchange Binance and its U.S. affiliate Binance.US. Stressing the criticality of self-custody in wealth...

The history of finance is riddled riddled with tales of ambition gone awry, leading to some of the most significant scandals that have rocked the industry's foundations. As FTX founder Sam Bankman-Fried gears up for his court testimony, let's trace back to some monumental controversies...

Lawyers representing FTX founder Sam Bankman-Fried have outlined the anticipated testimony he will present in his ongoing fraud trial. The communication, provided as a formal letter to Judge Lewis Kaplan, sheds light on the defense strategy and seeks to counter allegations of misappropriation...