Solana Rises 5% After $380M Coinbase Transfer
Solana’s (SOL) price surged nearly 5% to $155.30, with a remarkable trading volume increase of 79.72% to $3.14 billion, reflecting strong investor confidence amidst market downturns.
Crypto Exchanges
Focuses on platforms where cryptocurrencies are bought, sold, or traded, including features, security measures, and exchange rates.
Revolut Unveils New Crypto Exchange Platform
Revolut launched Revolut X, a cryptocurrency exchange with a zero maker fee and a low taker fee of 0.09%, targeting experienced traders. This move, enhanced by a partnership with MetaMask, aims to reshape the crypto exchange market.
Revolut Rolls Out New Crypto Exchange
Revolut has launched Revolut X, a new cryptocurrency exchange for experienced traders, featuring no maker fees and only 0.09% taker fees, alongside a partnership with MetaMask, aiming to offer cost-effective trading solutions.
Australia Tightens Crypto Exchange Rules
The Australian Tax Office (ATO) targets 1.2 million cryptocurrency exchange accounts to gather data, aiming to curb tax evasion and ensure crypto profits are taxed, marking a significant shift in Australia’s approach to crypto taxation.
Binance CEO Fights for Executive’s Release
Binance CEO, Richard Teng, demands Nigeria free Tigran Gambaryan, a key executive detained on unfounded charges, spotlighting the need for fair crypto regulation and protection of industry professionals’ rights.
Hacker Shifts Poloniex Funds to Tornado
In May 2024, a hacker involved in the Poloniex exchange breach moved 1100 Ethereum, worth approximately $3.4 million, to Tornado Cash, marking a significant laundering attempt post-hack, with assets valued at $182.8 million still controlled.
SEC Boosts Coinbase: Bitwise CIO’s Edge Unveiled
Coinbase leverages its unique status as the only registered crypto exchange in the US, following SEC regulations, to raise $7.1 billion, distinguishing itself with a competitive edge in the market.
Bybit Unveils New P2P Shield Program
Bybit introduces its P2P Shield program, a pioneering initiative offering compensation for fraudulent losses in cryptocurrency trading, marking a significant advancement in securing P2P transactions globally.
Coinbase Faces Charges: Unregistered Securities Sale
Coinbase’s revenue surged by 72% in Q1 2024, underscoring its strong market position and resilience amidst a major legal battle over allegations of selling unregistered securities.
Ethereum Restaking Risks Alert by Coinbase
Coinbase has highlighted the rapid growth of Ethereum’s restaking sector, marked by the EigenLayer protocol amassing $12.4 billion in total value locked (TVL), pointing out the financial and security risks involved in such high-stake innovations.
Coinbase Boosts USDC Payments, Expands Ads
Coinbase’s partnership with Compass Coffee introduces USDC stablecoin payments, aiming for widespread cryptocurrency acceptance. This collaboration offers a 90% discount and an NFT for USDC transactions, potentially saving U.S. merchants over 99% of the $126 billion spent on credit card fees in 2022.
EFCC, FBI Target Binance Executive in Nigeria
Nigeria’s EFCC launches a groundbreaking lawsuit against Binance for $35.4 million in money laundering and operating without a license, marking a significant crackdown on cryptocurrency operations. This unprecedented action, aided by the FBI and Interpol, could redefine Nigeria’s crypto regulatory landscape, stressing the urgency of compliance.
Coinbase, Armstrong Face New Lawsuit
Coinbase is embroiled in a pivotal lawsuit, accused of misleading investors by selling digital assets claimed as securities. This case could revolutionize the regulatory framework for cryptocurrencies, challenging the classification of popular coins and potentially altering the industry’s landscape. A defining moment for crypto’s future, it underscores the urgent call for clarity in digital asset regulation.
Deaton Files Brief in Coinbase Litigation
Massachusetts Senate candidate John Deaton is making waves in the crypto world by supporting Coinbase against the SEC, advocating for clear digital asset regulations. His stance, influenced by past crypto cases, aims to secure a predictable legal framework crucial for the industry’s growth and innovation. This pivotal move could reshape future crypto regulation.