Trading Volume on Crypto.com Overtakes Coinbase
Crypto.com’s trading volume surpassed that boasted by Coinbase on August 1, rising to $3.6 billion compared to the latter’s $2.12 billion. Data on crypto market intelligence firm Messari reflected the…
Mt. Gox Has Returned Over 40% of the Bitcoin It Owes. Selling Activity Is Yet to Rise
Mt. Gox has refunded about 41.5% of the bitcoin it owed to creditors who lost their funds. However, selling activity in the market remains minimal. That has taken the entire…
Base: the L2 of the crypto-exchange Coinbase hosts 80% of the active traders of Uniswap
Base, the L2 blockchain of the crypto-exchange Coinbase, hosts 80% of the monthly active traders of Uniswap. Not only that, today, the BaseCamp Summit is taking place in Idyllwild, CA.…
Mt.Gox Creditors Reclaim 59,000 Bitcoin Via Exchanges, More Redistribution Imminent
After over a decade of suspense, creditors of the defunct Mt. Gox Bitcoin (BTC) exchange have finally begun receiving long-awaited payouts this month. Data from research firm Glassnode shows that…
Coinbase Fined $4.5 Million in the UK
Coinbase’s entity in the UK was fined $4.5 million for breaking an agreement with the Financial Services Authority (FSA). CB Payments Limited (CBPL), the entity, onboarded high-risk customers, possibly allowing…
WazirX Hack Most Likely Linked to Its Custodian’s Systems Failing
Wazir X issued a report on Thursday, with new revelations of the $235 million hack, stating all indicators point to the custody service provider it relies on, Liminal Custody. According…
The Bank HSBC Australia will block all payments to crypto exchanges: concern about scams
The bank HSBC Australia has recently announced that it will block all payments to cryptocurrency exchanges, citing the main reason as the growing concern for scams in the sector. This…
BlockFi Submits Plans to Refund Customers and Creditors In Full
Defunct lending platform BlockFi has secured claims from FTX, allowing it to repay customers and creditors whose funds were tied because it failed in 2022. Its plan administrator, Mohsin Y.…
SwissBorg: the Swiss crypto exchange open to everyone
SwissBorg is a crypto exchange based in Switzerland, but with licenses to operate with digital assets throughout Europe and compliant with all regulations. It is already used by more than…
WazirX Announces Bounty Program to Reclaim Lost Assets
As hackers tied to the North Korean Lazarus Group made away with $230 million from WazirX’s multisig cold wallet on July 18, the Indian centralized exchange (CEX) has announced a…