Kraken Delays IPO Plans Indefinitely
@Kraken will not pursue an IPO, citing financial stability and strategic priorities despite a trend of crypto firms going public. The decision is independent of competitor actions. #Update #Crypto
Crypto Exchanges
Focuses on platforms where cryptocurrencies are bought, sold, or traded, including features, security measures, and exchange rates.
OKX Launches DEX Trading Globally
OKX introduces in-app DEX trading with self-custody on Solana, Base, and X Layer for US and global users. #Update #Crypto
Bitget Surges to $1.78B CEX Inflows
Bitget ranks second globally among centralized exchanges with a net inflow of $1.78B, increasing Bitcoin reserves to 30,300 BTC and institutional liquidity by $23.1B #Update #Crypto $BTC
Toncoin Surges as Coinbase Approves Listing
$TON rebounds 3% to $2.06, while $XPL rises 5% to $0.265 after @CoinbaseMarkets added them to its listing roadmap, fueling speculation of price momentum. #Update #Crypto $TON $XPL
Gemini Crashes with $159.5M Q3 Loss
@Gemini reported a Q3 net loss of $159.5M due to increased operating expenses, impacting diversification efforts. #Update #Finance
SUI Network Launches $100M DEX Success
Astros’ Perp DEX on the SUI Network has surpassed $100 million in trading volume within a week of launch, alongside the introduction of its native stablecoin USDsui, enhancing DeFi capabilities. #Update #Crypto $SUI
Tokyo Exchange Considers Limits on Crypto Firms
@JapanExchangeGroup is considering restrictions on companies hoarding digital assets, warning three firms of fundraising limitations. This move aims to protect investors amid crypto volatility. #Update #Crypto
Polymarket Tests US Exchange Relaunch
Polymarket is beta testing its US exchange with select users, aiming for a late November launch after acquiring QCEX and securing CFTC approval.
Bitcoin Powers Singapore Crypto with Coinbase
@Coinbase partners with Standard Chartered to launch Coinbase Business in Singapore, offering instant $USDC payments and crypto finance tools to startups and SMEs. #Update #Crypto $USDC
Binance Freezes $456M in Justin Sun Case
Dubai Digital Economy Court freezes $456M in assets linked to @justinsuntron’s TrueUSD bailout, maintaining injunction against Aria DMCC. #Breaking #Legal
Bybit Warns on BNB Chain Fund Freezes
A report from @Bybit’s Lazarus Security Lab reveals 16 blockchains, including $BNB and $SUI, can freeze user funds during hacks, highlighting security vulnerabilities in DeFi #Update #Crypto $BNB
Bitcoin Surges to $105K Amid Binance Withdrawals
Bitcoin ($BTC) approaches $105,000 as traders eye a retest of $107,000; significant withdrawals from Binance signal potential accumulation. Market sentiment remains mixed on price support. #Update #Crypto $BTC
Binance Boosts Reserves by $120B Amid Volatility
@Binance’s reserves have rebounded to $120 billion, with Tether (USDT) holdings at a record $42.8 billion and approximately 548,000 BTC, reinforcing its market position. #Update #Crypto $USDT
Binance Launches $5K Virtual Trading Funds
@Binance launches mock trading with $5K virtual funds, lowering entry barriers for crypto users. This risk-free feature simulates real trading for all skill levels. #Update #Crypto