Binance Co-CEO Reveals October 10 Liquidation Insight
Binance co-CEO Richard Teng refutes claims of exchange manipulation during the $19B crypto liquidation event, attributing it to external factors and macroeconomic pressures. #Update #Crypto $BNB
Crypto Exchanges
Focuses on platforms where cryptocurrencies are bought, sold, or traded, including features, security measures, and exchange rates.
Coinbase Misses Q4 Estimates with $1B Revenue
@Coinbase missed Q4 earnings estimates with $1.78 billion in revenue and adjusted EPS of $0.66, as transaction revenue fell below $1 billion. #Update #Crypto $COIN
Bitcoin Soars as Binance Acquires $1 Billion
@Binance has converted $1 billion of SAFU fund reserves into Bitcoin, acquiring 15,000 BTC over five transactions in 30 days. The company plans to regularly rebalance the fund based on market values. #Update #Crypto $BTC
Paxful Fined $4M for Money Laundering
Peer-to-peer cryptocurrency platform @Paxful sentenced to pay $4M for money laundering and Travel Act violations, admitting to illegal activities. #Breaking #Legal
Binance Launches Ripple Deposits on XRP Ledger
Binance integrates Ripple USD (RLUSD) on XRP Ledger, enabling deposits; withdrawals pending liquidity. RLUSD, a dollar-pegged stablecoin by Ripple Labs, expands access. #Update #Crypto $XRP
Coinbase Launches AI Wallets for Agents
Coinbase launched Agentic Wallets for AI agents, supporting x402 protocol for autonomous transactions on Base L2. #Update #Crypto
Coinbase Launches AI Crypto Agent Wallets
Coinbase unveils Agentic Wallets for AI agents to autonomously manage crypto transactions and identities, utilizing the x402 protocol with over 50M transactions processed. #Update #Crypto
Binance Faces 10/10 Nightmare Fallout
@Binance Co-CEO Richard Teng clarified that the crypto market’s $19 billion liquidation on Oct. 10 was influenced by external factors, not Binance, as institutional interest remains strong. #Update #Crypto $BTC
Binance Converts $1B SAFU to Bitcoin
Aster, endorsed by Binance’s Changpeng Zhao, will launch its privacy-focused Aster Chain mainnet in March, enhancing infrastructure and synthetic trading. #Update #Crypto
Coinbase Launches AI Wallet With Guardrails
Coinbase introduces Agentic Wallets for AI agents on Base, enhancing security by keeping private keys in trusted environments. The tool targets developers and supports $USDC transactions. #Update #Crypto $USDC
Coinbase Stock Crashes 6% Pre-Earnings
JPMorgan, Citi, and Cantor Fitzgerald cut Coinbase stock targets due to low Bitcoin trading and stablecoin flows but maintain buy ratings. #Update #Market $BTC
FTX Witness Tampering Claims Spark Controversy
Sam Bankman-Fried accuses the U.S. Department of Justice of pressuring FTX witnesses, claiming it affected testimonies and seeks a retrial due to alleged misconduct. #Update #Legal $FTX
Paxful Fined $4 Million for Money Laundering
@Paxful Holdings was sentenced to pay a $4 million penalty for violating money-laundering laws and promoting illegal activities, significantly reduced from an initial $112 million due to its financial status. #Breaking #Legal $BTC
Coinbase Launches AI Agent Wallets
@Coinbase Developer Platform launches Agentic Wallets for AI agents to autonomously manage funds, marking a first in AI commerce infrastructure. #Update #Tech