Exchanges

Exchanges

WazirX relocates to Panama after Singapore court blocks restructuring efforts

WazirX relocates to Panama after Singapore court blocks restructuring efforts

Crypto exchange WazirX suffered a major legal blow after the Singapore High Court rejected its restructuring proposal to relaunch operations following a $230 million hack in July 2024. On June 4, WazirX announced that its request for court approval had been denied, saying: “The Honourable Singapore High Court issued an order declining to approve our […]

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Binance Reaches 275M Users, Adds 80M in Five Months

Binance Reaches 275M Users, Adds 80M in Five Months

Binance is skyrocketing past 275 million users, fueling a global crypto revolution with blistering adoption rates, real-world utility, and dominance in digital financial infrastructure. 275 Million and Rising—Binance Solidifies Dominance in Explosive Digital Finance Boom Cryptocurrency exchange Binance announced on June 2 that it has reached a major milestone in user growth, underscoring its accelerating

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Tether invests in Orionx to boost stablecoin use in Latin America

Tether invests in Orionx to boost stablecoin use in Latin America

Tether has announced a strategic investment in Orionx, a digital asset platform operating in Latin America, according to a June 3 statement. The investment aims to accelerate the use of stablecoin-powered financial services across the region, particularly in underserved and inflation-prone economies. According to the statement, Orionx currently serves users in Chile, Peru, Colombia, and

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Coinbase delayed revealing data breach that may cost up to 0M, drops third-party vendor

Coinbase delayed revealing data breach that may cost up to $400M, drops third-party vendor

Secret knowledge, sudden split: the crypto exchange faces mounting legal and regulatory heat for a four-month silence over a breach affecting at least 69,000 customers. Coinbase was alerted as early as January 2025 that hackers had siphoned tens of thousands of customer records from one of its overseas support vendors, but the exchange waited until

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TradFi giant and FTSE-listed IG launches retail crypto trading in UK with Uphold tomorrow

TradFi giant and FTSE-listed IG launches retail crypto trading in UK with Uphold tomorrow

IG Group will allow retail investors in the United Kingdom to trade 38 cryptocurrencies on its multi-asset platform from Tuesday, June 3, becoming the first London-listed broker to offer spot tokens. The firm’s integration relies on a partnership with digital-asset exchange Uphold, which will provide custody and execution services. The Financial Services Compensation Scheme does

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XRP Futures Go 24/7—Coinbase Enables Nonstop Institutional Access

XRP Futures Go 24/7—Coinbase Enables Nonstop Institutional Access

XRP futures just hit turbo mode as Coinbase unleashes nonstop U.S. trading, igniting unprecedented access, speed, and firepower for institutions racing into crypto derivatives. New Round-the-Clock XRP Futures Trading on Coinbase Coinbase Institutional announced on May 29 via social media platform X that it will soon provide continuous access to XRP and solana ( SOL)

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Coinbase adds 24/7 trading for XRP and Solana futures amid derivatives expansion

Coinbase adds 24/7 trading for XRP and Solana futures amid derivatives expansion

Coinbase Institutional is expanding its derivatives offering with the launch of 24/7 trading for XRP and Solana futures, starting June 13. According to a May 29 statement, the move aims to provide real-time access for US institutional investors, aligning with the non-stop nature of global crypto markets. Derivatives push The new offering allows investors to

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Ozark star Julia Garner to play Caroline Ellison in Obama Netflix miniseries on FTX collapse

Ozark star Julia Garner to play Caroline Ellison in Obama Netflix miniseries on FTX collapse

Netflix has green-lit an eight-episode limited series titled The Altruists, a dramatization of the eight-billion-dollar collapse of crypto exchange FTX and the downfall of its co-founder, Sam Bankman-Fried. The show, produced under Barack and Michelle Obama’s Higher Ground banner, will star Julia Garner (3x Emmy winner) as former Alameda Research chief executive Caroline Ellison and

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Canary Capital seeks SEC approval to launch first staked spot CRO ETF in the US

Canary Capital seeks SEC approval to launch first staked spot CRO ETF in the US

Canary Capital filed an S-1 registration statement with the Securities and Exchange Commission on Friday in a bid to manage what could be the first spot CRO exchange-traded fund in the United States — including a staking component. The proposed fund seeks to offer direct exposure to the price of CRO, the native cryptocurrency of

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XRP Gains Nasdaq Traction as Vivopower Launches Saudi-Backed XRP Treasury Plan

XRP Gains Nasdaq Traction as Vivopower Launches Saudi-Backed XRP Treasury Plan

XRP storms into institutional finance as Vivopower launches a strategic XRP treasury play, deploying $121 million to anchor XRPL growth with Saudi-backed momentum. Nasdaq-Listed Vivopower Ignites XRP Treasury Strategy Backed by Saudi Royalty Vivopower International PLC (Nasdaq: VVPR) announced on May 28 that it is pioneering a groundbreaking initiative to establish the world’s first publicly

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