Exchanges

In a surprising turn of events, Solana (SOL) has garnered significant attention from crypto traders, surpassing Bitcoin (BTC) and Ethereum (ETH) in trading volume on major centralized exchanges. This milestone was first pointed out by Conor Grogan, a director at Coinbase, who noted that SOL had witnessed more trading activity than the combined trading volume

Coinbase, one of the largest cryptocurrency exchanges in the world, has recently made a significant move by registering to provide cryptocurrency services in France. This announcement was made on December 21, signaling Coinbase’s expansion efforts and its commitment to offering its services to a global audience. In a blog post accompanying the announcement, Coinbase revealed

Former FTX CEO Sam Bankman-Fried has been denied his request for an adjourned sentencing hearing, according to a recent court filing. Bankman-Fried’s legal team had requested a delay of four to six weeks, pushing the sentencing date into May 2024. However, Judge Lewis Kaplan denied the request, stating that Bankman-Fried had already been granted one

In the fast-growing world of cryptocurrency, ensuring the security of customer assets is of paramount importance. One way in which exchanges aim to provide transparency and reassure their users is through proof-of-reserves (PoR) reports. Dubai-based Bybit, the world’s third-largest crypto exchange by volume, has recently set a new benchmark in the cryptocurrency market with its

FTX Trading Ltd. made a significant announcement on December 19, disclosing that it had reached a settlement with its Bahamas-based subsidiary, FTX Digital Markets. This development is a crucial step towards resolving the challenges that arose from the collapse of the FTX group in November 2022. The settlement is contingent upon approval from both the

In a surprising turn of events, the trading volume of decentralized exchanges (DEX) on Solana surpassed that of Ethereum for the first time on December 16th. According to data from DeFillama, Solana’s DEXs recorded a trading volume of $1.536 billion, while Ethereum lagged behind at only $1.164 billion during the same period. This milestone was

FTX Debtors recently submitted an amended Chapter 11 reorganization plan that paints a bleak picture for the defunct crypto exchange’s creditors. The proposed plan evaluates the value of creditors’ claims based on cryptocurrency prices from November 11, 2022, the day FTX filed for bankruptcy. Unfortunately, this date coincides with a severe dropdown in the crypto

FTX Debtors recently submitted an amended Chapter 11 reorganization plan, which has the potential to lead to substantial losses for the creditors of the now-defunct cryptocurrency exchange. The plan proposes valuing the creditors’ claims based on the cryptocurrency prices on November 11, 2022, the day FTX filed for bankruptcy. Unfortunately for the creditors, this date

Coinbase, one of the leading cryptocurrency exchanges, has recently made headlines with its decision to include Bonk (BONK), a meme-based token on the Solana network, to its list of tradable assets. This move brings yet another memecoin to Coinbase’s platform, alongside popular choices like Shiba Inu and Dogecoin. While BONK may sit in the 69th

The reorganization plan proposed by defunct crypto lender Genesis has recently caused an uproar among Gemini Earn users. According to the plan, users may only receive 61% of the value of their crypto holdings as of January 19, 2023. While some are hopeful about the potential recovery, others have expressed concern about various aspects of