Cryptocurrency Exchange

Grayscale CEO Michael Sonnenshein on Tuesday made a public call for the approval of spot Bitcoin (CRYPTO: BTC) exchange-traded fund (ETF) options, emphasizing the importance of developing a robust market for these options. What Happened: In a post shared on X, formerly Twitter, ...

Coinbase Global Inc. (NASDAQ: COIN) on Monday submitted a petition to a federal appeals court, challenging a decision made by the U.S. Securities and Exchange Commission (SEC). The SEC had rejected Coinbase's appeal for the establishment of new regulations tailored to the digital asset industry...

Portuguese professional soccer star Cristiano Ronaldo has been named in a class-action lawsuit filed in a United States district court in Florida, that centers around his involvement in promoting the cryptocurrency exchange Binance (CRYPTO: BNB). The suit, filed on Nov. 27, 2023, stated...

Cryptocurrency platform Zipmex is offering to compensate its creditors as part of its recent restructuring effort. As for what the compensation rate will be remains uncertain. What Happened: The Singapore-based company is proposing 3.35 cents per dollar, but the rate might increase to 29.35 cents...

Decentralized trading platforms Velodrome and Aerodrome have alerted users about security breaches. What Happened: Both exchanges issued warnings Wednesday, urging users to refrain from using either website "for the time being." "Our front end is currently compromised,"...

The Philippines' Securities and Exchange Commission (SEC) has initiated steps to restrict access to Binance. The latest advisory follows recent legal developments involving the crypto exchange's former CEO, Changpeng Zhao. The Philippine's SEC warned the public that Binance is not...

Crypto exchange Coinbase Global Inc (NASDAQ: COIN) has notified a select group of its users via email about a subpoena it has received from the Commodity Futures Trading Commission (CFTC), requesting detailed information on user accounts and their transaction histories. This development,...

Changpeng Zhao stepped down Tuesday from his role as the chairman of the board of directors of Binance.US, the American arm of the global cryptocurrency exchange Binance (CRYPTO: BNB). This move comes on the heels of a series of settlements and regulatory actions involving Binance....

Changpeng Zhao, the founder of cryptocurrency giant Binance, is currently required to stay in the United States as a federal judge deliberates over a motion from the U.S. Department of Justice. This motion insists that Zhao should remain in the U.S. until his sentencing, which is expected early...

In a surprising turn of events, the X account of Changpeng Zhao, the co-founder and former CEO of Binance (CRYPTO: BNB), was temporarily restricted, before being reinstated. This development came amid a series of controversies surrounding Binance, the world’s largest cryptocurrency...

In the wake of crypto exchange Binance (CRYPTO: BNB) agreeing to a $4 billion settlement with the Justice Department, SEC Commissioner Hester Peirce has made a strong case for the approval of a spot Bitcoin (CRYPTO: BTC) ETF, saying there was "no reason" for the financial watchdog to...

Mt. Gox, the once-dominant Bitcoin (CRYPTO: BTC) exchange that ceased operations in 2014, announced imminent cash repayments to some creditors. In an email sent to creditors, the exchange indicated the rehabilitation trustee was working to initiate cash repayments within 2023,...

More than $86.6 million in cryptocurrencies were illicitly moved from the HECO Chain bridge to questionable addresses, indicating a possible ongoing breach of the bridge. Tron's (CRYPTO: TRON) founder Justin Sun has assured that HTX will cover all losses users suffered due to this security...

Changpeng Zhao, the founder and former CEO of Binance (CRYPTO: BNB), was released on a $175 million personal recognizance bond. Earlier on Tuesday, Zhao admitted in court to breaching the Bank Secrecy Act. U.S. authorities accused him of instructing Binance to permit American customers to...

Former Binance (CRYPTO: BNB) CEO Changpeng Zhao recently shared his personal reflections and future outlook following his legal entanglements.  Zhao said he was dealing "with some pain," but would "survive." He encouraged Binance employees to "continue performing...