Focuses on platforms where cryptocurrencies are bought, sold, or traded, including features, security measures, and exchange rates.
Binance’s recent audit confirms 100% security of user assets, with Bitcoin reserves at 106.84%, Ethereum at 103.68%, and stablecoins USDT and USDC backed over 112% and 132%, respectively. This sets a high transparency standard post-FTX collapse.
Bybit secures full regulatory approval from Kazakhstan’s AFSA, becoming the second crypto exchange after Binance to achieve this. This milestone enhances Bybit’s service offerings with advanced trading tools and institutional-level security for Kazakh users.
Bybit and Binance receive full regulatory approval in Kazakhstan, solidifying the country’s role as a key player in the global crypto ecosystem. Bybit aims to enhance tech, security, and transparency for local traders.
Binance secures a full regulatory license from Kazakhstan’s AFSA, becoming the first fully regulated digital asset trading platform in the country. The company plans to hire 1,000 more employees by year-end to support its expanded services.
Coinbase Intl. Exchange to list $IMX and $FLOW perpetual futures on Sept 12, aiming to meet growing DeFi demand and enhance investment options. Market reactions suggest potential price recovery, though sentiment remains cautious amid overall crypto downturn.
WazirX hacker launders $10M via Tornado Cash. Cyvers reports 5,000 ETH moved to a new wallet, mirroring Lazarus Group tactics. WazirX allows 66% INR token withdrawals amid restructuring and user discontent.
Coinbase ($COIN) files a cross-motion against the FDIC, seeking access to crypto guidance records under FOIA. Chief Legal Officer Paul Grewal emphasizes transparency, arguing the public’s right to these documents. Outcome may reshape crypto regulations.
Binance partners with Grant Thornton to enhance financial transparency and audit preparation. The collaboration aims to address accounting and tax challenges, reinforcing Binance’s commitment to compliance and stability in the crypto market. $BNB @GrantThornton @binance
Binance executive Tigran Gambaryan’s bail decision delayed in Nigeria amid health concerns. Court to rule on October 9. Defense claims urgent surgery needed; prosecution insists medical care is sufficient. Case draws international attention and allegations of improper conduct.
Hacker behind WazirX breach launders $6.5M in ETH via Tornado Cash. The wallet still holds 61.1 ETH ($152,700). North Korean Lazarus Group suspected in the $235M breach. Highlights ongoing crypto vulnerabilities and need for heightened security.
Binance adds $TON to Simple Earn-locked products with APR rates up to 5.9%. Subscription from Sep 3-23, first-come, first-served. $TON price rises 1% to $5.24 despite @telegram’s legal issues.
SEC warns FTX against repaying creditors in cryptocurrencies, citing legality concerns. Coinbase’s Chief Legal Officer criticizes the lack of clear guidelines. FTX plans to distribute $14B-$16B to creditors despite regulatory hurdles. Clear guidelines needed.
Coinbase’s AI agents have completed the first AI-to-AI cryptocurrency transaction using $USDC. This milestone highlights AI’s capability to independently perform financial tasks, potentially transforming the AI and crypto sectors with new efficiencies and opportunities.
Jupiter Exchange cuts borrowing fees for $SOL, $BTC, and $ETH from 0.01% to 0.008% per hour, boosting $SOL pool activity from 30% to 50%. The move aligns borrowing costs with Binance rates, potentially revitalizing market activity amidst a bearish trend.
