Cryptocurrency Exchanges

Coinbase (NASDAQ: COIN) is struggling with connectivity again, as users report zero balances. What Happened: The company reported the second instance of connectivity problems in less than a week, indicating strong interest from traders following the Bitcoin price rally. Coinbase Support...

Cryptocurrency platform Binance, founded in 2017 by Changpeng Zhao, is one of the leading cryptocurrency platforms. Here's a look at how Zhao's wealth changed in recent years and how his resignation from Binance could impact his fortune. What Happened: On Tuesday, Nov. 21, Changpeng Zhao stepped...

In yet another blow to Binance (CRYPTO: BNB), Bafin, the German financial watchdog, has denied the crypto exchange a much-anticipated license that would have allowed it to operate and expand in the country.  Jonas Jiinger, who recently took over as the head of Binance in Germany, was...

Binance CEO Changpeng Zhao, also known as CZ, on Wednesday, issued a stark warning to his employees after the Securities and Exchange Commission (SEC) leaked damning chat logs during an ongoing lawsuit. What Happened:  Zhao instructed staff to be mindful of their internal communications,...

The SPDR S&P 500 ETF Trust (NYSE: SPY) has seen a positive return in 2023. Several sectors are in the green so far this year, and many well-known stocks are among the biggest gainers. Here’s a look at the biggest large-cap gainers in 2023.  What Happened: The SPDR S&P 500...

Cryptocurrency exchange Coinbase Global Inc (NASDAQ: COIN) announced Thursday that it has stopped accepting or initiating payments to or from Silvergate Capital Corp (NYSE: SI) out of an "abundance of caution."  On Wednesday, Silvergate delayed the filing of its annual report...

Three men in a car recently drove into a metal barricade outside the house of FTX co-founder Samuel Bankman-Fried's parents, according to court documents filed by lawyers. The lawyers wrote, “When the security guard on duty confronted them, the men said something to the effect of: ‘...

Eight major media companies, including The Associated Press, Bloomberg, Reuters and Dow Jones, have made a request to the Southern District of New York court to release the names and identifying information of the two individuals who guaranteed the $250-million bond for former CEO of FTX,...

In a decision that is likely to raise concerns in the cryptocurrency industry, Crypto.com has announced that it will no longer support Tether (CRYPTO: USDT) on its platform in Canada, with the delisting taking effect on Jan. 31 at 1:00 p.m. ET. This means that all USDT transactions on the...

FTX founder Sam Bankman-Fried is facing legal battles as he attempted to keep control of his 56 million shares in the consumer trading app Robinhood Markets Inc (NASDAQ: HOOD), currently worth around $450 million. Bankman-Fried acquired them through his holding company Emergent...

When cryptocurrencies first started gaining the attention of mainstream investors in early 2017, a number of crypto pundits were quick to claim that they could act as an effective hedge against inflation. Citing the limited token supply of cryptocurrencies like Bitcoin (CRYPTO: BTC) as the chief...

Cryptocurrency companies have been publishing audits, or so-called proof-of-reserve reports, to gain investor confidence on the heels of the FTX collapse. But the U.S. Securities and Exchange Commission (SEC) says investors should take those reports with a grain of salt. “Investors should not...

Non-fungible token (NFT) marketplace OpenSea has started to delist Cuban artists and users in order to comply with U.S. sanctions. "Our terms of service explicitly prohibit sanctioned individuals, individuals in sanctioned jurisdictions, or services from using OpenSea," a spokesperson for...

Binance.US has reached a deal with Voyager Digital to buy the assets of the insolvent crypto lender for $1.02 billion, beating out competitors like CrossTower, Wave Financial, and INX. The proposal from the U.S. division of the largest cryptocurrency exchange "sets a clear path forward...

The outspoken co-founder and CEO of the Kraken cryptocurrency exchange, Jesse Powell, on Wednesday said he was resigning as CEO of the company to focus more on the company's products and broader industry advocacy. The 42-year cryptocurrency advocate will take over as chairman of the board...