‘God Access’ Recycled in Another Lawsuit Against BitMEX
Just days before its closure, one of the oldest crypto exchanges, BitMEX, was hit with another lawsuit that repeats the same “God Access” theme. This time, it’s related to the…
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Coinex Is Closing After 9 Years, and Its Founder Won’t Sell It
Coinex, the exchange Haipo Yang launched in December 2017, will end spot trading on Sept. 29 and shut down completely on Dec. 22, blaming a long crypto slump and rising…
Singapore Grants Gemini Major Crypto License for Trading Push
Singapore has granted Gemini a Major Payment Institution license covering digital payment token and cross-border transfer services, strengthening the exchange’s regulated trading presence. The approval supports spot trading, custody, and…
Orionx Halts Operations After Audit Uncovers $7M Financial Hole
The exchange terminated operations and stopped withdrawals after an audit found unknown transactions worth over $7 million that moved custodied assets to external wallets. Orionx accused Joaquín Díaz and Roberto…
Coinbase Brings 24/7 Stock Perpetuals to the US
Coinbase has filed two notices with the Securities and Exchange Commission (SEC) to offer single-stock perpetual futures to U.S. traders, and its policy chief says the Commodity Futures Trading Commission…
Bitmart Users Form Group to Recover Trapped Assets
Echo Base has organized a committee of claimholders to represent users with frozen assets on Bitmart and retained legal counsel to explore recovery options. Echo Base Steps in After Ignored…
Bitcoin’s Price Rally Fuels Binance’s Record $15.7B August Inflows
Binance, the largest exchange by traded volume, received over $15.7 billion in inflows in August, as bitcoin’s price and the crypto market valuations rebounded. The exchange dwarfed its competitors, managing…
Webull Partners With Coinbase to Offer Crypto Trading in Canada
The Florida-based exchange announced plans to expand its digital asset service offering to Canada, partnering with Coinbase for crypto infrastructure and leveraging its crypto-as-a-service capabilities and deep liquidity. The expansion…
Coinbase Tokenized Stocks Go Live for Eligible Non-US Users
Coinbase has launched tokenized U.S. stocks on Base for eligible users outside the United States. The 1:1-backed securities support continuous trading and decentralized finance applications, with Chainlink supplying market data.…
Expect Changes in Rewards and Fees at Crypto Exchanges as Strategies Shift
As major crypto exchanges evolve into all-things-financial-services platforms, they’re investing more in new products to grow and diversify, while increasing trading revenues has become challenging. As the bear market persisted…