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Latest News

Tether to commence Bitcoin mining operations in Uruguay

Stablecoin issuer Tether announced its plans to mine Bitcoin using renewable energy in Uruguay.

Binance to launch new crypto exchange in Japan by summer 2023

Binance will re-enter the Japanese crypto market following the launch of a new crypto exchange in summer 2023.

Binance teams up with Gulf Innova to launch new crypto exchange

Binance's new Thailand-based crypto exchange, Gulf Binance, has received digital asset operator licenses from the country's Ministry of Finance.

Stablecoin issuer Circle launches Euro Coin on Avalanche

USDC issuer Circle launched its Euro-backed stablecoin, Euro Coin, on the Avalanche blockchain.

OKX initiates application process to register with French regulators

OKX submitted the DASP license application to obtain regulatory approval from French regulators Autorité des Marchés Financiers (AMF) and Autorité de Contrôle Prudentiel et de Résolution (ACPR).

Vitalik Buterin cautions against extending Ethereum blockchain's core

Ethereum founder Vitalik Buterin discouraged overloading the network’s consensus layer to avoid systemic risks to the Ethereum ecosystem.

Bug renders assets inaccessible for Polygon Aave V2 lending pool users

The execution of a recent proposal gave rise to a bug that prevents Polygon Aave V2 lending pool users from accessing their stablecoin and wrapped crypto assets.

Tether aims to diversify its reserves portfolio by investing in Bitcoin

Stablecoin issuer Tether announced its plans to strengthen its reserves by using a fraction of the firm's realized profits to purchase Bitcoin.

Coinbase reacts as SEC requests court to dismiss rulemaking petition

Coinbase's Chief Legal Officer Paul Grewal voiced his concerns over the SEC’s regulation on the crypto industry after the agency claimed it will continue to use enforcement as a substitute for lawmaking.

Lido deploys V2 upgrade to enable staked Ether withdrawals

Lido launched the second version of its mainnet to allow users to redeem their staked Ether assets and receive Ethereum tokens in a 1:1 ratio.

Binance to cease operations in Canada

Binance announced its plans to suspend operations in Canada, citing a harsher regulatory environment as the reason behind withdrawing from the nation.

Ethereum mainnet recovers from suspension of block finalization

The Ethereum mainnet recovered from an issue that caused the network’s beacon chain to halt the finalization of new transactions for thirty minutes.

OKX sends $57M worth of USDT and MASK tokens to Alameda Research

OKX transferred over $57M worth of assets to crypto wallets controlled by the Alameda Research-FTX bankruptcy estate.

Brad Garlinghouse claims SEC lawsuit will cost Ripple $200M

Ripple CEO Brad Garlinghouse estimated that the firm will have spent $200M in its ongoing lawsuit against the SEC by the time the court decides on a verdict.

Ethereum developers reportedly in final stages of planning Dencun update

According to project coordinator Tim Beiko, Ethereum’s core developers are already in the final stages of planning the next major update for the ETH network.

Coinbase establishes international crypto derivatives trading platform

Coinbase launched an overseas derivatives exchange in Bermuda after securing a Class F license from Bermuda Monetary Authority.

TRON founder refunds $56M TUSD transferred to Binance

TRON founder Justin Sun agreed to reverse a transaction involving $56M TrueUSD tokens sent to Binance after receiving a warning from the exchange’s CEO.

Ripple reports sale of $361M XRP tokens in Q1 2023

Ripple reportedly sold over $361M worth of XRP tokens in the first quarter of 2023. 

Binance.US pulls out of Voyager takeover deal

Binance.US backed out of the Voyager acquisition deal, citing the uncertain regulatory environment in the US as the reason for terminating the asset purchase agreement.

Coinbase requests court to compel SEC to provide regulatory clarity

Coinbase asked the US Court of Appeals for the Third Circuit to urge the SEC to respond to its rulemaking petition weeks after receiving a Wells notice from the regulatory agency.

Binance releases new liquid staking token, Wrapped Beacon ETH

Binance launched a new liquid staking token, Wrapped Beacon ETH, on its rebranded Ethereum staking product.

Coinbase may move out of the US if crypto regulations remain unclear

In a recent discussion during Fintech Week, Coinbase CEO Brian Armstrong claimed that the firm may relocate out of the US if the authorities do not provide clarity on crypto regulations.

Ethereum developers deploy Shanghai upgrade on the mainnet

The Ethereum network started processing staking withdrawal requests following the release of the much-anticipated Shanghai update on its mainnet.

FTX reportedly lacked basic governance and financial controls

The first interim report penned by John J. Ray III revealed that FTX lacked adequate governance, accounting, and security controls under its previous leadership.

How To Track Bitcoin Whale Wallets

Find out how to track Bitcoin whale wallets, what to look for while tracking them, and why tracking them is so important.

Lido claims staked Ether withdrawals will not occur before early May

In a recent Twitter space discussion, Lido developer Kadmil said users can expect staked Ethereum (stETH) withdrawals “no sooner than early May.”

ASIC revokes Binance Australia’s financial services license

The Australian Securities and Investments Commission (ASIC) revoked Binance Australia’s financial services license following a targeted review of the exchange’s operations.

Dubai regulators seek information on Binance’s governance process

Dubai’s Virtual Assets Regulatory Authority asked Binance to disclose details about its board procedures as the regulators tighten the application process for the operational license.

Tether denies exposure to Signature Bank

Tether CTO Paolo Ardoino denied exposure to Signature Bank following reports about the stablecoin issuer using the now-defunct bank to gain access to the US banking system. 

Aave community considers expansion to Starknet and BNB Chain

The Aave community intends to approve two proposals on deploying Version 3 of the Aave protocol on Binance’s BNB Chain and Starknet, a zk-rollup.

Voyager must close acquisition deal with Binance.US by April 13

A recent court document claimed that Voyager and its creditors may lose $10M every month if the bankrupt lender fails to close its deal with Binance.US by April 13.

US law firms file $1B lawsuit against Binance

Boies Schiller Flexner and Moskowitz Law Firm sued Binance, its CEO Changpeng Zhao, and three crypto influencers for unlawful promotion of unregistered securities.

Binance.US halts OCBS and stablecoin pairs for BUSD

Binance.US temporarily suspended One Common Billing System (OCBS) transactions for Binance USD.

Kraken submits pre-registration documents to Canadian regulators

Kraken filed a pre-registration undertaking with the Ontario Securities Commission (OSC) to continue offering services to its Canadian clients.

OKX to return crypto assets worth $157M to FTX and Alameda

OKX announced that it will return $157M worth of frozen digital assets belonging to FTX and its subsidiary, Alameda Research.

Paxful to refund Earn account holders affected by Celsius’ bankruptcy

Paxful disclosed its plans to return the assets of Earn account holders whose funds were frozen following Celsius’ bankruptcy.

Gemini seeks to launch overseas crypto derivatives exchange

Crypto exchange Gemini plans to establish a new crypto derivatives platform outside the US. Gemini’s new exchange will primarily feature perpetual futures trading services.

Lido to discontinue staking services for Polkadot and Kusama by August

Liquid staking platform Lido Finance will end support for staking Polkadot and Kusama assets on August 1.

BUSD records $500M outflows following CFTC’s crackdown on Binance

BUSD’s net outflows exceeded $500M after the CFTC filed a lawsuit against Binance.

Binance CEO denies the allegations made by CFTC’s complaint

Binance CEO Changpeng Zhao denied the accusations made by the CFTC's complaint. According to him, the regulatory agency's complaint was an “incomplete recitation of facts."

BlockFi agrees to return $100K to Californian users

The Department of Financial Protection and Innovation (DFPI) announced that bankrupt lender BlockFi will refund $100K worth of crypto assets to its California-based clients.

CFTC sues Binance for violating federal laws

The Commodity Futures Trading Commission (CFTC) filed a lawsuit against Binance and its CEO, Changpeng Zhao, over alleged violations of federal laws.

Polygon rolls out beta version of zkEVM on its mainnet

Polygon released its zero-knowledge Ethereum Virtual Machine (zkEVM) on its mainnet to increase the scalability of Ethereum-based smart contracts.

Binance temporarily suspends spot trading

Binance temporarily suspended deposits, withdrawals, and spot trading services due to a bug affecting its trading engine.

Tether CTO expects $700M profit by the end of Q1 2023

Tether CTO Paolo Ardoino expects the firm’s profits for the first quarter of 2023 to hit $700M. He also revealed that Tether currently holds $1.7B in excess reserves.

Coinbase responds to SEC’s Wells notice

Coinbase's CEO and CLO responded to the SEC's threats of potential enforcement action against the exchange for alleged violation of the securities law.

Kraken to halt ACH deposits and withdrawals

Kraken will stop processing automated clearinghouse (ACH) transfers after March 27 due to the collapse of its banking partner, Silvergate Bank.

SEC charges TRON founder for securities law violations

The US Securities and Exchange Commission charged TRON founder Justin Sun and three of his firms for selling unregistered crypto tokens.

Celsius approved to return 72.5% of assets to Custody account holders

Judge Martin Glenn ruled that Celsius’ Custody account holders can receive up to 72.5% of their crypto assets.

Celsius’ litigation expenses exceed $144M

Celsius' legal and advisory expenses have reportedly exceeded the $144M mark.

Coinbase sends petition on staking to SEC

Coinbase submitted an 18-page long staking petition to the SEC following the regulatory agency’s recent settlement with Kraken over its staking services.

Coinbase to cease support for Signet

Coinbase announced its plans to drop support for Signet, the digital payments platform of the failed Signature Bank.

OKX to discontinue services for Canadian clients by June

OKX will exit the Canadian market by June 22 following issues with the CSA's new regulatory guidelines.

Crypto.com acquires preparatory license from Dubai’s VARA

Crypto.com has received the MVP Preparatory License from Dubai’s Virtual Assets Regulatory Authority, bringing it another step closer to securing an operational license from the authorities.

Coinbase considers launching an overseas trading platform

Coinbase may launch a new trading platform outside the US following recent crackdowns on crypto firms by US regulators.

Cardano releases Dynamic Peer-To-Peer networking update

The Cardano blockchain deployed node version 1.35.6 on the mainnet to enable dynamic peer-to-peer (P2P) networking.

Ethereum’s Shanghai upgrade gets a release date

Ethereum developers have chosen April 12 as the target date for releasing the landmark Shanghai upgrade.

SEC Chair claims Proof-of-Stake tokens qualify as securities

SEC Chairman Gary Gensler reiterated that Proof-of-Stake tokens qualify as securities under the current laws.

FTX wallets transfer $145M in stablecoins to crypto exchanges

Three crypto wallets belonging to FTX and Alameda Research have transferred $145M worth of Tether and USD Coin tokens to crypto exchanges.

Binance to stop GBP deposits and withdrawals

Binance will suspend deposit and withdrawal facilities for Pound Sterling following issues with its current trading partner Skrill Limited.

Circle appoints Cross River Bank as commercial banking partner

Stablecoin issuer Circle has chosen Cross River Bank as its banking partner after the collapse of Silicon Valley Bank.

Binance to convert $1B worth of IRI funds to native crypto tokens

Binance CEO Changpeng Zhao said the exchange will convert nearly $1B worth of Industry Recovery Initiative funds into native crypto assets following recent turmoil in the stablecoin market.

Aave sets stablecoins’ LTV to zero on Avalanche V3

Aave has set the LTV of certain stablecoins on Avalanche V3 to zero to reduce the volatility risks caused by USDC’s price drop.

Binance and Coinbase halt USDC conversions

Crypto exchanges Binance and Coinbase have paused USDC conversions as the stablecoin fails to regain its USD peg.

USDC loses peg as Circle discloses $3.3B exposure to SVB

USD Coin lost its 1:1 peg to the US Dollar after Circle revealed that the firm has a $3.3B exposure to Silicon Valley Bank. 

BlockFi holds uninsured funds worth $227M in Silicon Valley Bank

A recent court filing revealed that BlockFi holds $227M worth of non-FDIC insured funds in an MMMF with Silicon Valley Bank

Blockchain.com to halt operations of its asset management subsidiary

Blockchain.com will halt operations of its subsidiary, Blockchain.com Asset Management, on account of the prolonged crypto winter.

Aave DAO votes in favor of removing BUSD from V2 lending market

The Aave DAO community approved the proposal to offboard Paxos-issued Binance USD from the Aave V2 Ethereum market.

Decentralized Trading Protocol Vertex Targets Institutional Traders with Transparency

Vertex is a new decentralized crypto exchange positioning itself as an alternative to centralized exchanges that have faced greater regulatory scrutiny.

Bybit Launches Debit Card for Crypto Payments

Cryptocurrency exchange Bybit launched a new debit card that will allow users to make payments and withdraw cash using their cryptocurrency holdings.

CFTC Chair asserts Ethereum and Stablecoins are commodities

CFTC Chair Rostin Behnam said Ethereum and stablecoins are commodities during Wednesday's Senate Agricultural court hearing.

Featured news

Latest news

Binance.US delists advanced trading pairs for BTC and BUSD

Binance.US announced its plans to delist ten BTC and BUSD advanced trading pairs after the SEC pressed charges against its parent company.

SEC sues Coinbase for offering unregistered securities

Less than a day after suing Binance, the SEC cracked down on Coinbase for selling unregistered securities to US clients.

SEC files lawsuit against Binance over alleged securities violations

The US Securities and Exchange Commission sued Binance and its CEO Changpeng Zhao over the sale of unregistered securities.

Coinbase to list Bitcoin and Ether futures on its derivatives exchange

Coinbase’s CFTC-approved derivatives exchange will add Bitcoin and Ether futures for institutional clients on June 5.

Circle drops US Treasury bonds from USDC Reserve Fund

Circle has ditched US Treasury bonds from its USDC reserves to protect the stablecoin from the ongoing US debt ceiling crisis.

Tether to commence Bitcoin mining operations in Uruguay

Stablecoin issuer Tether announced its plans to mine Bitcoin using renewable energy in Uruguay.

Binance to launch new crypto exchange in Japan by summer 2023

Binance will re-enter the Japanese crypto market following the launch of a new crypto exchange in summer 2023.

Binance teams up with Gulf Innova to launch new crypto exchange

Binance's new Thailand-based crypto exchange, Gulf Binance, has received digital asset operator licenses from the country's Ministry of Finance.

Stablecoin issuer Circle launches Euro Coin on Avalanche

USDC issuer Circle launched its Euro-backed stablecoin, Euro Coin, on the Avalanche blockchain.

OKX initiates application process to register with French regulators

OKX submitted the DASP license application to obtain regulatory approval from French regulators Autorité des Marchés Financiers (AMF) and Autorité de Contrôle Prudentiel et de Résolution (ACPR).

Vitalik Buterin cautions against extending Ethereum blockchain's core

Ethereum founder Vitalik Buterin discouraged overloading the network’s consensus layer to avoid systemic risks to the Ethereum ecosystem.

Bug renders assets inaccessible for Polygon Aave V2 lending pool users

The execution of a recent proposal gave rise to a bug that prevents Polygon Aave V2 lending pool users from accessing their stablecoin and wrapped crypto assets.

Tether aims to diversify its reserves portfolio by investing in Bitcoin

Stablecoin issuer Tether announced its plans to strengthen its reserves by using a fraction of the firm's realized profits to purchase Bitcoin.

Coinbase reacts as SEC requests court to dismiss rulemaking petition

Coinbase's Chief Legal Officer Paul Grewal voiced his concerns over the SEC’s regulation on the crypto industry after the agency claimed it will continue to use enforcement as a substitute for lawmaking.

Lending news

Bug renders assets inaccessible for Polygon Aave V2 lending pool users

The execution of a recent proposal gave rise to a bug that prevents Polygon Aave V2 lending pool users from accessing their stablecoin and wrapped crypto assets.

Binance.US pulls out of Voyager takeover deal

Binance.US backed out of the Voyager acquisition deal, citing the uncertain regulatory environment in the US as the reason for terminating the asset purchase agreement.

Bitcoin news

Tether aims to diversify its reserves portfolio by investing in Bitcoin

Stablecoin issuer Tether announced its plans to strengthen its reserves by using a fraction of the firm's realized profits to purchase Bitcoin.

How To Track Bitcoin Whale Wallets

Find out how to track Bitcoin whale wallets, what to look for while tracking them, and why tracking them is so important.

Ethereum news

Vitalik Buterin cautions against extending Ethereum blockchain's core

Ethereum founder Vitalik Buterin discouraged overloading the network’s consensus layer to avoid systemic risks to the Ethereum ecosystem.

Ethereum mainnet recovers from suspension of block finalization

The Ethereum mainnet recovered from an issue that caused the network’s beacon chain to halt the finalization of new transactions for thirty minutes.
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