Cryptocurrency Exchange

Following the settlement between Binance (CRYPTO: BNB) and the U.S. Justice Department, the cryptocurrency exchange witnessed a relatively minor outflow of funds — less than $1 billion. Customers, for the most part, didn't panic, and Binance maintains a leading position in the...

The world's largest crypto exchange Binance (CRYPTO: BNB), along with its CEO Changpeng Zhao, admitted guilt to federal charges Tuesday as part of a resolution with the U.S. Justice Department amounting to over $4 billion.  Binance conceded to violations related to the...

Changpeng Zhao, the CEO of Binance (CRYPTO: BNB), the world's largest cryptocurrency exchange, announced his resignation from the role Tuesday.  Zhao's decision comes after a period of intense scrutiny and regulatory challenges for Binance, with the U.S. Department of Justice slamming...

With Binance (CRYPTO: BNB) CEO Changpeng Zhao's resignation Tuesday on the heels of a U.S. Justice Department investigation, the field is clear for large institutions to take over the Bitcoin (CRYPTO: BTC), Ether (CRYPTO: ETH) ETFs market, observers say. What Happened: Investor Mike Alfred...

Binance (CRYPTO: BNB) CEO, Changpeng Zhao is reportedly set to resign and admit guilt Tuesday to U.S. criminal charges related to anti-money laundering violations. What Happened: This move is part of an agreement potentially safeguarding the company's operational future,...

Crypto exchange OKX has applied for a virtual asset trading platform (VATP) license in Hong Kong, positioning its Hong Kong branch, OKX Hong Kong FinTech, at the forefront of the city's efforts to become a key cryptocurrency hub in the region. The application, submitted on Nov. 16, is...

Crypto exchange Bittrex Global is winding down its operations. What Happened: Starting Dec. 4., the exchange will disable all trading activities on its platform and users will only have the option to withdraw their assets, signaling the beginning of the platform's winding down process....

The National Pension Service (NPS) of South Korea purchased a stake in Coinbase (NASDAQ: COIN), the largest virtual asset exchange in the U.S. What Happened: The NPS acquired approximately 282,673 shares, a $20 million (26.1 billion won) value. The deal marks the NPS’s first inclusion of...

The House Financial Services Committee (FSC) is set to conduct an in-depth examination of unlawful activities within the cryptocurrency sector.  The hearing, scheduled for Nov. 15, is titled "Crypto crime in context: breaking down the illicit activity in digital assets,...

South Korea-based crypto exchange Bithumb announced its plan to go public, eyeing an Initial Public Offering (IPO) in the second half of 2025. This significant development arrives as the industry looks forward to discussions at Benzinga's Future of Digital Assets conference on Nov. 14, where...

Hong Kong's leaders are currently evaluating the potential to open up the market to exchange-traded funds (ETFs) that would invest directly in cryptocurrencies. This move is part of a broader initiative to establish Hong Kong as a central hub for digital assets in the Asia-Pacific region,...

As Sam Bankman-Fried, the embattled founder of the now-defunct cryptocurrency exchange FTX awaits his sentencing, the source of his legal war chest has been a substantial monetary gift to his father, made with funds from a loan by FTX's sister company, Alameda Research, according to a...

Defense attorney Mark Cohen questioned Sam Bankman-Fried about a tweet  indicating that FTX's assets were secure in the third day of court testimony from the fallen cryptocurrency exchange's co-founder.  In response, SBF said he believed the exchange was solvent,...

Bitcoin's (CRYPTO: BTC) journey to becoming a global reserve currency hinges on several key factors - more institutions mainstreaming its use, effective regulation of its touchpoints rather than the currency itself, dispelling myths surrounding its environmental impact and creating...

In a significant turn of events, the U.S. Securities and Exchange Commission (SEC) asked the judge presiding over the case to dismiss its lawsuit against Ripple's (CRYPTO: XRP) key executives Christian Larsen and Bradley Garlinghouse. The decision was conveyed via an official letter...