Gemini CFTC Seek $5M Settlement Reversal
The CFTC and @Gemini seek to reverse a $5M settlement, acknowledging their original complaint should not have been filed under current standards. #Update #Legal
Crypto Exchanges
Focuses on platforms where cryptocurrencies are bought, sold, or traded, including features, security measures, and exchange rates.
Gemini CFTC Reverse $5M Settlement Motion
The CFTC and @Gemini seek to reverse a $5M settlement, citing a flawed 2022 complaint. The CFTC now views Gemini as a fraud victim. #Breaking #Legal
Gemini CFTC Seek to Reverse $5M Settlement
The CFTC and @Gemini have filed to reverse a $5M settlement, citing flawed evidence in a 2022 case against the exchange. #Breaking #Legal
Binance Launches Bold 2030 Growth Strategy
@Binance aims to grow its active user base to 3 billion by 2030, despite market challenges; Coinbase cuts 14% of staff amid downturn. Total crypto market cap at $2.7 trillion. #Update #Crypto $BTC
XRP Buy Side Surges 7x on Coinbase
XRP liquidity on Coinbase is seven times higher on the buy side than sells, indicating strong market interest. #Update #Crypto $XRP
Binance Absorbs Millions Uniswap Price Falls
Uniswap’s $UNI sees a massive inflow to Binance, with 5M tokens arriving amid price drop to $3.02, signaling potential large-scale selling pressure. #Update #Crypto $UNI
CFTC Reverses Gemini Settlement Deal Surprise
@CFTC seeks to vacate a $5M settlement with @Gemini, citing credibility issues with a whistleblower and evidence concealment. Former chair Tim Massad calls the reversal “extraordinarily unusual.” #Update #Legal $BTC
Binance Hack Costs DxSale Launchpad $7.3M
Approximately 1,400 liquidity providers on the BNB Chain were impacted by a cyber attack, with @DxSale losing $7.3M due to exploited vulnerabilities in liquidity lock contracts. #Breaking #Crypto $BNB
Bitcoin: JP Morgan’s Dimon Criticizes Coinbase CEO
JP Morgan CEO Jamie Dimon criticized Coinbase CEO Brian Armstrong over the Clarity Act, opposing stablecoin yield provisions. The bill awaits Senate approval. #Update #Legal
Gemini Launches Grok for Superior Market Insights
@Gemini launches Command Center, an AI hub powered by SpaceXAI’s Grok, offering personalized market analysis across sectors like crypto and sports amid declining trading activity. #Update #Crypto $BTC $ETH
Coinbase Launches Global Crypto Perps Trading
Coinbase receives CFTC approval to offer U.S. customers access to offshore crypto perpetual futures via Deribit, potentially leading other exchanges to follow. #Update #Crypto @Coinbase
Coinbase Launches US Crypto Derivatives Market
Coinbase (@coinbase) launches U.S.-regulated access to global crypto derivatives, targeting a $31 billion bitcoin options market. Institutional onboarding begins with plans for retail later. #Update #Crypto
CFTC Approves Crypto Perpetual Contracts at Coinbase
U.S. CFTC approves @Kalshi to list bitcoin perpetual futures, allowing U.S. firms to engage in this market. Coinbase also receives guidance for global options and perps via its CFM subsidiary. #Update #Crypto $BTC
Binance Gains as Vaneck Launches BNB ETF
VanEck’s VBNB ETF launched on Nasdaq, offering direct U.S. exposure to $BNB, with Anchorage Digital Bank providing custody. Staking yields may be activated soon. #Update #Crypto $BNB