FTX Creditors Challenge Parents’ No Loss Claims
@BarbaraFried and @JosephBankman claim no customer money was lost in FTX’s collapse, as $2.2 billion is set for distribution; creditors dispute this, stating they are not whole. #Update #Crypto $BTC
Crypto Exchanges
Focuses on platforms where cryptocurrencies are bought, sold, or traded, including features, security measures, and exchange rates.
Binance Lowers VIP Entry for Growth
Binance has revamped its VIP Program, lowering entry thresholds and adding the Rising Star tier to enhance user access to elite benefits. #Update #Crypto $BNB
Coinbase Launches 24/7 Stock Futures
Coinbase now offers 24/7 perpetual futures for major US stocks like $AAPL and $TSLA, settling in $USDC with up to 20x leverage for global traders. #Update #Finance
Gemini Stock Crashes Amid Lawsuit Pivot
Gemini faces a class-action lawsuit for allegedly misleading investors about its pivot to prediction markets, linked to an 85% stock decline since going public. Legal
Coinbase Launches Stock Perpetual Futures Globally
@Coinbase has launched perpetual stock futures for traders outside the U.S., enabling 24/7 trading on major tech stocks and ETFs with leverage up to 20x. #Update #Crypto $USDC
Binance Triggers 530M XRP Whale Exodus
XRP consolidates around $1.50 amid whale-driven outflows, with Binance seeing significant withdrawals exceeding 50M XRP daily. Whale activity suggests strategic repositioning. #Update #Crypto $XRP
Gemini Faces Class Action Lawsuits Collapse
Gemini faces class action lawsuits alleging it misled investors, causing post-IPO decline and credibility issues. #Update #Legal
Coinbase Launches Stock Perpetual Futures Contracts
@Coinbase has launched perpetual stock futures for eligible non-U.S. traders, allowing leveraged positions on major U.S. stocks and ETFs, cash-settled in $USDC. #Update #Crypto $USDC
Coinbase Launches 24/7 Stock Futures Trading
@Coinbase launches stock perpetual futures, offering 24/7 leveraged access to major U.S. equities, merging crypto and traditional markets on one platform. #Update #Finance
Binance Launches Simplified VIP Access for Traders
@Binance has simplified VIP access, introducing the VIP Rising Star status requiring a $30K balance over 30 days and 5 BNB. Eligibility is automatic, enhancing user engagement. #Update #Crypto $BNB
Ethereum Surges as Binance Exposure Hits 75%
Ethereum’s leverage on @Binance hits new highs post-October 10 deleveraging, with over 75% of ETH exposure now leveraged, indicating derivatives-driven price discovery. #Update #Crypto $ETH
UK Bans Zedxion Exchange Over Sanctions
UK Companies House initiates compulsory strike-off for Zedxion Exchange Ltd over alleged $1B IRGC-linked transactions. #Breaking #Legal
Bitcoin Exchange Banned for Sanctions Evasion
UK’s Companies House moves to dissolve Zedxion Exchange Ltd over deceptive filings linked to Iran’s Revolutionary Guard, following U.S. sanctions. #Breaking #Legal
Crypto.com Cuts 12% Staff for AI Pivot
Crypto.com is cutting 12% of its workforce, around 180 employees, shifting focus to AI-driven operations amid broader industry restructuring. #Update #AI