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Latest News

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. acquires preparatory license from Dubai’s VARA 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 to halt operations of its asset management subsidiary will halt operations of its subsidiary, 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.

Lido community considers terminating support for Polkadot and Kusama

A recent proposal on Lido's governance forum seeks to end support for staking Polkadot and Kusama tokens.

Celsius processes withdrawals worth $17.7M for custody account holders

Celsius interim CEO Chris Ferraro reported that eligible custody account holders withdrew $17.7M in crypto after the bankrupt lender reopened withdrawals on March 2.

Silvergate Bank to Shut Down Operations and Liquidate

Silvergate Bank, one of the leading banking partners for cryptocurrency firms, announced on Wednesday, March 8, that it plans to wind down its operations and voluntarily liquidate. Its wind-down and liquidation plan includes full repayment of all deposits

Binance.US wins court approval to acquire Voyager Digital

Judge Michael Wiles has approved Binance US' proposal to acquire Voyager Digital despite significant opposition from the US regulators.

Binance updates Proof-of-Reserves system to add 11 new tokens

Binance has upgraded its Proof-of-Reserves system to allow users to verify their assets for 11 new tokens. This brings the total number of verifiable tokens on Binance's PoR system to 24 coins.

Coinbase buys One River Digital Asset Management to expand business

Coinbase has acquired hedge fund manager One River Digital Asset Management (ORDAM) to expand business following a decline in annual transaction volume.

Celsius allows select Custody account holders to withdraw assets

Celsius has reopened withdrawals for select holders of Custody accounts. The news has received a mixed reaction from the crypto community as only a fraction of Celsius ‍users can withdraw their tokens.

NEAR Protocol deploys blockchain operating system

NEAR protocol has released a blockchain operating system to enhance user experience by providing a common layer for users to discover Web3 content.

Ethereum developers postpone Shanghai upgrade until April

Ethereum developers have delayed the release of the Shanghai upgrade until early April.

Crypto investor files lawsuit against BlockFi executives and Gemini

A BlockFi investor has filed a class-action lawsuit against BlockFi executives and Gemini, citing that the firms misled customers.

ERC-4337 goes live on Ethereum mainnet

Developers have launched the ERC-4337 standard on the Ethereum mainnet to implement account abstraction.

IMF Endorses Crypto Regulation

The IMF endorses crypto regulation but cautions that outright ban isn't off the table.

Tencent Cloud’s Web3 Initiatives could Signal China’s Stance on Crypto

Tencent Cloud has announced its support for the Web3 ecosystem and revealed the roadmap for its blockchain API services.

Trial in the Metaverse

A Colombian court hosted its first legal trial in the metaverse in February and now hopes to experiment again with virtual reality.

Featured news

Latest news

Coinbase acquires Major Payment Institution license in Singapore

Coinbase has acquired a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS), bringing it one step closer to expanding its presence in Southeast Asia.

Bitwise to launch Ethereum futures ETFs

Crypto asset manager Bitwise announced its plans to launch new Ether-themed futures exchange-traded funds (ETFs) on October 2.

Best Crypto Exchanges For Australians In 2023

Binance, CoinSpot, Independent Reserve, and Kraken are some of the best crypto exchanges in Australia.

Kraken to launch stock and ETF trading services in 2024

Kraken reportedly plans to add trading services for US-listed stocks and exchange-traded funds in 2024.

Binance exits Russia by selling local business to CommEx

Binance has agreed to sell off its Russian business to the recently launched crypto exchange CommEx as the firm intends to quit the Russian crypto market.

Changpeng Zhao refutes rumors of Binance delisting stablecoins in Europe

Changpeng Zhao quashed the rumors of Binance delisting stablecoins by June 30, 2024, noting the comments made by the exchange’s representative were taken out of context.

Circle issues USDC on Polkadot network

Stablecoin issuer Circle has launched USD Coin on the Polkadot Asset Hub, allowing users to access their USDC holdings on DOT parachains via the XCM protocol.

Crypto and Identity Verification: The New Age of Secure Transactions

The critical relationship between cryptocurrencies and identity verification in the digital age, including the challenges and opportunities arising from the decentralized nature of cryptocurrencies.

Gemini slams Digital Currency Group’s Genesis bankruptcy recovery plan

The legal team representing Gemini criticized Digital Currency Group’s recent remuneration plan for creditors of Genesis Global, the now-insolvent crypto trading subsidiary of DCG.

Ethereum's Holesky testnet goes live on first anniversary of The Merge

Ethereum developers have deployed the Holesky testnet to improve the scalability of the ETH network.

Lido to bridge liquid staking Ether tokens to IBC blockchains

Lido will release the wrapped version of its liquid staking Ether token on blockchains compatible with the IBC protocol.

Binance.US CEO quits while the firm cuts one-third of its workforce

Binance.US CEO Brian Shroder has left the exchange while its regulatory troubles show no sign of letting up. Norman Reed, the Chief Legal Officer of Binance.US, will succeed Shroder as the interim CEO.

Lido claims LDO and stETH tokens remain safe from fake deposit attacks

Lido announced that Lido DAO and Lido Staked Ether tokens are secure from fake deposit attacks affecting crypto exchanges.

Coinbase eyes expansion to nations with clear crypto rules

Coinbase announced its plans to acquire licenses in the EU, UK, Canada, and other nations as the crypto exchange enters the second phase of international expansion. 

Lending news

Coinbase to deploy new lending platform for US institutional investors

Weeks after shutting down its Borrow program, Coinbase has decided to launch a new lending platform for US-based institutional clients.

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.

Regulation news

The Evolution of Crypto Regulations: An International Perspective

Different countries have come up with crypto regulatory rules that investors must follow to help stay on the good side of the law. receives registration approval from Dutch Central Bank secured registration approval from De Nederlandsche Bank (DNB) weeks after Binance exited the Netherlands after failing to register with the regulators.

Bitcoin news

Bitcoin and Data Privacy: Balancing Convenience and Security in the Digital Age

Discover the delicate balance between convenience and security in the digital age. Explore Bitcoin's role and the importance of data privacy.

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.

Ethereum news

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