Focuses on platforms where cryptocurrencies are bought, sold, or traded, including features, security measures, and exchange rates.
.@bitFlyer is set to acquire FTX Japan, valued in the tens of millions, following the collapse of @FTX_Official. The move aims to convert FTX Japan into a custodial service for institutional clients, highlighting the shift towards secure, reliable custodial services in crypto. #Update
Bitstamp, now owned by @RobinhoodApp, lists meme coin Bonk (BONK). Trade BONK in USD & EUR globally (except US & Singapore) via their apps. Bitstamp’s regulated EU status boosts its role in emerging crypto. #CryptoNews
Kraken’s Chief Security Officer, Nick Percoco, confirmed the recovery of $3M after @Certik_io exploited a bug to withdraw funds, claiming it as a bug bounty. Kraken denounced it as extortion. The incident highlights the critical need for robust cybersecurity. #CryptoSecurity
MintSwap launches the first DEX on the Mint blockchain, enhancing user experience with AMM tech for fast, secure swaps. Users gain optimized profits from liquidity pools. Future plans include an ERC-404 token with staking rewards. #Update #CryptoNews
Galaxy Digital, founded by Michael Novogratz, is set to surpass @Coinbase as the largest validator in the Solana network, holding 9.7M $SOL tokens. Expected to generate $22M annually from staking fees. #Crypto #Update
Kraken reports a $3M crypto withdrawal by @CertiK’s ethical hackers due to a critical bug, promptly fixed to secure client funds. Dispute arises over delay and compensation demands. Highlights need for clear protocols in #cryptocurrency security. #Update
India’s Financial Intelligence Unit fined @Binance $2.25M for AML violations and not registering with the FIU. Binance hasn’t responded publicly. This highlights the importance of regulatory compliance in India’s booming crypto market. #CryptoNews
Binance (@binance) appeals a $4.4M fine from Canada’s FINTRAC for AML violations, claiming services weren’t aimed at Canadians. Recently exited Canadian market due to regulatory issues. Faced legal battles in multiple countries. #CryptoRegulation
North Dakota revoked @BinanceUS’s money transmitter license due to non-compliance and founder Changpeng Zhao’s legal issues. This action highlights Binance.US’s inadequate anti-money laundering measures. Other states, including Alaska and Oregon, have taken similar steps. #CryptoRegulation
Kraken’s CSO, Nick Percoco, disclosed a $3M loss due to a funding system bug exploited in June. The issue emerged from a UX change allowing premature crediting of client accounts. #CryptoSecurity #Update
Binance Labs has invested in decentralized exchange Rango to boost DeFi infrastructure and reach. Rango, supporting over 60 blockchains with $3B in transactions, partners with @TrustWallet, Exodus, Binance Web3 Wallet, and Compound. Goals: better infrastructure, more blockchains, 1B users. #Update
Circuits of Value ($COVAL) plunged 41% to $0.01 after @coinbase announced its suspension. Market cap stands at $18.4M, ranking 892nd. Daily trading volume surged 2,760% to $6.75M amid accusations of price manipulation. #Crypto #Update
Binance to list USD-M and COIN-M Quarterly 1227 Delivery Contracts on June 28, 2024, including $BTC, $ETH, $BNB, $ADA, $LINK, $BCH, $XRP, $DOT, and $LTC. Max leverage up to 50x for BTC & ETH. #Update
Brazil’s Receita Federal intensifies scrutiny on international crypto exchanges like @Binance, @Coinbase, and Kraken to ensure compliance with local tax laws and anti-money laundering regulations. Crypto holdings in Brazil surged to $24.6B in 2023. #Update #Crypto
