Exchanges

Exchanges

Bybit earns MiCA license as hackers keep 4M from its .4B exploit out of reach

Bybit earns MiCA license as hackers keep $644M from its $1.4B exploit out of reach

Crypto exchange Bybit has received regulatory approval under the European Union’s Markets in Crypto-Assets (MiCA) framework from Austria’s Financial Market Authority (FMA), according to a statement issued on May 29. This license enables the platform to offer digital asset services across all 30 European Economic Area (EEA) countries. Bybit plans to make Austria the hub […]

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Binance Issues Real-World Threat Alert With Urgent Advice for Crypto Holders

Binance Issues Real-World Threat Alert With Urgent Advice for Crypto Holders

As physical threats escalate alongside bitcoin’s bull run, Binance is sounding the alarm with a high-impact, five-pronged defense plan to protect crypto holders worldwide. Binance Reveals 5-Step Action Plan as Crypto-Related Attacks Spike Crypto exchange Binance issued a safety advisory on May 27, warning the crypto community about a growing threat that extends beyond the

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Indicators show retail remains sidelined as Bitcoin trades at new highs

Indicators show retail remains sidelined as Bitcoin trades at new highs

Despite Bitcoin (BTC) reaching a new all-time high at $111,965.80 on May 22, retail adoption and on-chain gauges indicate speculative leverage has not stretched market conditions. VanEck head of digital assets research Matt Sigel shared App-store data compiled by Bloomberg Intelligence, showing crypto-platform downloads fell 14% year-over-year in April. Binance and Crypto.com downloads dropped 29%

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Pi Network token makes derivatives debut on Kraken with perpetual futures offering 20x leverage

Pi Network token makes derivatives debut on Kraken with perpetual futures offering 20x leverage

Kraken has introduced perpetual futures contracts for Pi Network’s native token, PI, allowing traders to speculate on its price with up to 20x leverage, according to a May 23 announcement. The listing marks the token’s first appearance on a major derivatives platform. However, it failed to create positive momentum for the token’s price. Based on

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Binance lists USD1 stablecoin with trading restrictions in EU and US

Binance lists USD1 stablecoin with trading restrictions in EU and US

Binance, the largest crypto exchange by trading volume, revealed plans to list the USD1 stablecoin issued by the Donald Trump family-affiliated DeFi venture World Liberty Financial (WLFI). According to a May 22 statement, the exchange said it would open trading for the USD1/USDT pair on the same day. The firm added that its users can

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Binance Integrates With Brazilian National Payments System Using Pix

Binance Integrates With Brazilian National Payments System Using Pix

Binance announced that its customers in Brazil will be able to make payments using their cryptocurrency balances at millions of businesses through the Pix system. This development increases the usability of crypto in the country, allowing users to save and spend directly in crypto. Binance Revolutionizes Crypto Payments in Brazil With Pix Integration Binance has

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Coinbase under fire for massive data breach affecting nearly 69,461 users

Coinbase under fire for massive data breach affecting nearly 69,461 users

Coinbase is facing sharp criticism and regulatory pressure after confirming a significant data breach that exposed personal information of nearly 70,000 users. According to a filing with the Maine Attorney General’s Office, the breach affected 69,461 individuals, of whom 217 were residents of Maine. The exchange also stated that the compromise affected less than 1%

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Binance moves to quash FTX’s .8 billion lawsuit, dismisses allegations as speculative

Binance moves to quash FTX’s $1.8 billion lawsuit, dismisses allegations as speculative

Binance has asked a US court to dismiss FTX’s $1.76 billion lawsuit, arguing that the case lacks jurisdiction and relies on unsupported allegations. The motion follows FTX’s attempt to claw back funds and blame Binance and its former CEO, Changpeng Zhao, for contributing to its collapse. However, Binance has rejected these claims, calling them speculative

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Circle in talks with Coinbase, Ripple over potential sale amid B IPO plans

Circle in talks with Coinbase, Ripple over potential sale amid $5B IPO plans

Circle is pressing ahead with plans to go public, but the stablecoin issuer is also exploring the possibility of a sale to either Coinbase or Ripple, Fortune reported on May 19, citing people familiar with the matter. The company filed paperwork in April for a long-awaited initial public offering (IPO) targeting a $5 billion valuation,

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Crypto investors are ramping up personal security as physical attacks surge: Report

Crypto investors are ramping up personal security as physical attacks surge: Report

Amid a recent surge in physical threats to crypto investors with substantial holdings, firms that offer personal security services are seeing increasing demand. Amsterdam-based physical security and intelligence services provider Infinite Risks International’s managing director, Jethro Pijlman, told Bloomberg: “We’ve had more inquiries, more long-term clients, and more proactive requests from crypto investors who don’t

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