Exchanges

In the volatile world of cryptocurrency, where fortunes can be made and lost overnight, WazirX’s saga represents a monumental cautionary tale. Once heralded as India’s premier cryptocurrency exchange, its reputation now lies in tatters following a staggering $234 million hack. The aftermath of this breach has been tumultuous, characterized not only by financial loss but

In the chaotic realm of cryptocurrency, a drama unfolds that is both a cautionary tale and a sobering reminder of the perils of excessive risk-taking. The ongoing litigation involving FTX and the leather-clad crypto hedge fund Three Arrows Capital (3AC) reveals the underlying issues plaguing not only these two entities but the entire cryptocurrency landscape.

In a move that reflects both ambition and caution, South Korea’s Financial Services Commission (FSC) is paving the way for the establishment of digital asset spot exchange-traded funds (ETFs). Announced during a policy update to the State Affairs Planning Committee, this proposal is set to unfold in the latter half of the year. However, this

In an alarming development on July 18, the Iranian cryptocurrency exchange Nobitex found itself at the center of one of the most audacious cyberattacks in recent history. Initial estimates of losses were significantly understated, as the final tally reveals nearly $100 million vanished from the exchange due to a breach orchestrated by a politically charged

Gemini, a prominent cryptocurrency exchange, has boldly taken a stand against the Commodity Futures Trading Commission (CFTC) by filing a formal complaint alleging a rampant misuse of power. As Tyler Winklevoss, the co-founder of Gemini, laid bare the issues in a recent revelation, the exchange has portrayed itself as an innocent victim ensnared in a

In a remarkable display of innovative thinking, Coinbase announced its plans to introduce a Bitcoin-backed credit card during the annual State of Crypto Summit. Slated for a fall 2025 launch, this card offers an enticing 4% back in Bitcoin for every purchase made—a significant draw for cryptocurrency enthusiasts. By coupling traditional credit with the burgeoning

The recent withdrawal of BiT Global’s lawsuit against Coinbase concerning the delisting of Wrapped Bitcoin (WBTC) serves as a compelling case study on the evolving dynamics between centralized exchanges and crypto custodians. At the heart of the dispute was not merely the fate of a token, but the philosophical and operational divides that underline this

In a recent post that echoed through the cryptocurrency community, Brian Armstrong, the CEO of Coinbase, declared a significant victory over the issue of unnecessary account freezing. An impressive claim of an 82% reduction in such cases was made, highlighting what Armstrong described as a “major issue” that had plagued users for far too long.

Gemini’s recent decision to file a draft registration statement with the U.S. Securities and Exchange Commission (SEC) for its initial public offering (IPO) signals a pivotal moment in the evolving landscape of cryptocurrency exchanges. The Winklevoss twins, Cameron and Tyler, are not simply following a trend; they are boldly defining one. With their move toward

The Coinbase data breach has spiraled into a cautionary tale for anyone who believes their personal information is secure. Initially perceived as a digital issue, the breach has morphed into a new dimension of risk, with victims now facing the unsettling reality of fraudulent letters physically landing in their mailboxes. The fact that scammers are