crypto exchange

Iranian cryptocurrency exchange, Nobitex, was hacked for nearly $90 million on Wednesday, with an Israel-linked group claiming responsibility for the cyberattack. What Happened: A group called Gonjeshke Darande, or "Predatory Sparrow," announced the attack on X, calling Nobitex “a tool for...

Japan-based cryptocurrency exchange Coincheck started trading on the Nasdaq stock exchange Wednesday following a strategic merger with a special purpose acquisition company. What happened: Coincheck Group N.V. (NASDAQ:CNCK), the holding company of the Tokyo-headquartered firm, merged with Thunder...

BofA Securities analyst Mark McLaughlin upgraded Coinbase Global, Inc (NASDAQ:COIN) to Neutral from Underperform, raising the price forecast to $217 from $110. According to the analyst, the upgrade was driven by retail reengagement of crypto and operating leverage following...

Crypto exchange OKX on Tuesday announced the launch of its services in Australia, catering to both spot and derivatives traders, positioning it as one of the largest global exchange offering direct Australian dollar deposits and withdrawals. What Happened: Australian users can now deposit and...

Leading cryptocurrency exchange, KuCoin saw a massive $1 billion in crypto withdrawals over the past 24 hours, coinciding with a notable decrease in the exchange’s assets. What Happened: Arkham Intelligence data highlighted KuCoin exchange balance at $4.7 billion, down from more than $6...

MicroStrategy Inc.'s (NASDAQ: MSTR) latest move to acquire even more Bitcoin (CRYPTO: BTC) through a $500 million convertible note sale has sent shockwaves through the financial world. What Happened: This aggressive strategy, following hot on the heels of an $821 million Bitcoin...

Shares of crypto exchange Coinbase Global Inc (NASDAQ:COIN) were trading lower after the market close on Tuesday after the company announced a proposed private offering. What Happened: Coinbase said it intended to offer $1 billion worth of Convertible Senior Notes due 2030 in a private offering to...

A new report has revealed that more than 11% of all Bitcoin (CRYPTO: BTC) is now held by a diverse group of institutional investors. What Happened: Publicly traded companies, private firms, countries and exchange-traded funds (ETFs) collectively hold a staggering 2,511,273 Bitcoin,...

Binance CEO Richard Teng on Friday announced the crypto exchange froze $4.2 million in XRP (CRYPTO: XRP) tokens linked to the recent $120 million security breach. Teng said on X, formerly known as Twitter, that XRP Ledger's developers, responsible for maintaining the...

Ripple's (CRYPTO: XRP) token experienced a significant drop of over 5% on Wednesday amid rumors of a network hack involving $112.5 million. Ripple's Executive Chairman and co-founder Chris Larsen addressed these concerns on X, stating the breach affected his personal XRP...

Tether (CRYPTO: USDT) plays a critical role in facilitating a "parallel banking system" utilized by organized crime groups. What Happened: According to the United Nations (UN), USDT has become a favored payment method for criminal activities, particularly in the illegal gambling sector in...

The U.S. Securities and Exchange Commission (SEC) is utilizing a recent victory in its case against Terraform Labs to bolster its ongoing legal battles with major cryptocurrency exchanges Binance (CRYPTO: BNB) and Coinbase Global Inc. (NASDAQ: COIN) In a legal document related to its lawsuit...

Upbit and OKX, two major exchanges, announced the listing of new tokens on their respective platforms, potentially driving new adoption and utility across the cryptocurrency ecosystem. What Happened: Upbit, South Korea's largest crypto trading platform, has added the Astar (CRYPTO: ASTR) Korean...

Coinbase International Exchange on Wednesday announced the introduction of non-US spot markets, marking a new phase in its expansion. This move is aimed at catering to the diverse needs of its international clientele and aligns with Coinbase Global Inc's (NASDAQ: COIN) strategic...

New York Attorney General Letitia James on Tuesday announced a settlement with KuCoin, with the Seychelles-based exchange agreeing to pay over $22 million for failing to register as a securities and commodities broker-dealer and for misrepresenting itself as a crypto exchange and is now...