The recent airdrop conducted by Solana-based Jupiter has generated significant excitement within the crypto community. This airdrop has not only propelled decentralized exchange (DEX) trading activity on the Solana network but has also surpassed the trading volume on Ethereum-based platforms. This article will delve into the details of this remarkable achievement and explore the implications
Exchanges
In a stunning turn of events, FTX, the embattled cryptocurrency exchange, has made the decision to forego any attempts at revival and instead liquidate its assets. FTX’s attorney, Andy Dietderich, divulged this information during the latest bankruptcy hearing on January 31st, leaving the crypto community in shock. The announcement had an immediate impact on FTX’s
In a breakthrough development, Binance, one of the leading cryptocurrency exchanges, has unveiled a solution that allows institutional investors to secure their trading collateral through a third-party banking partner. This innovative arrangement, called “banking triparty,” aims to address the primary concern of counterparty risk, which has been a significant consideration for institutional investors. After two
With Bitcoin experiencing a 20% decrease from its year-to-date high, it is crucial to examine the broader picture of the cryptocurrency market. Specifically, the lawsuits filed against Coinbase and Binance in June 2023 have significant implications for the industry. These lawsuits question whether the crypto assets offered by these exchanges should be categorized as securities
Coinbase, one of the leading cryptocurrency exchanges in the world, has recently announced its plans to diversify its execution clients in order to address concerns surrounding the dominance of go-Ethereum (Geth). With an aim to enhance security and mitigate potential risks, Coinbase Cloud has been actively evaluating alternative qualified execution clients for its platform. The
Crypto exchange Gemini has successfully obtained registration as a Digital Asset Service Provider (DASP) in France, allowing the platform to offer its services to both retail and institutional customers in the country. The registration, granted by the l’Autorité des Marchés Financiers (AMF), the French financial markets regulator, marks a significant milestone for Gemini’s expansion plans.
Coinbase Prime, the leading crypto platform catered to institutional investors, has experienced a significant increase in trading activity after the introduction of spot Bitcoin ETFs in the United States. The analysis conducted by CryptoSlate reveals a surge in the inflow of funds to a hot wallet on Coinbase Prime over the past week. This wallet,
India recently implemented a significant restriction on its citizens’ access to global crypto exchanges, including popular platforms such as Binance, KuCoin, and OKX. This move has raised concerns and sparked debates within the crypto community. The Indian government’s decision to block access to these exchanges aims to prevent possible money laundering activities and ensure compliance
Gemini, a prominent cryptocurrency exchange, has stated that the approval of a spot Bitcoin exchange-traded fund (ETF) in the U.S. will revolutionize the crypto futures market. In this article, we will explore the potential impact of ETF approval on liquidity, market participation, and the perception of Bitcoin among traditional investors. Enhanced Liquidity and Market Participation
The recent removal of crypto exchange applications from Apple’s Indian App Store has caused concern among users and industry players. Binance, one of the largest crypto exchanges globally, confirmed the removal and emphasized its commitment to complying with local regulations. However, this move has raised questions about the stance of both Apple and Indian regulators