Exchange News

Gemini Settles CFTC Lawsuit for $5 Million

Gemini agrees to pay $5 million to settle CFTC lawsuit over misleading Bitcoin futures claims, amidst ongoing legal battles. Gemini Trust Co., a cryptocurrency exchange...

Bithumb Meta Rebrands as Bithumb Partners for...

Bithumb redesigned its subsidiary to concentrate on investing. The company is planning an initial public offering in 2025. Bithumb, a South Korean cryptocurrency exchange,...

FTX Starts Repaying Creditors After Two-Year Wait

FTX will repay creditors $14.7-16.5 billion under a Chapter 11 deal. The company will settle smaller claims under $50,000 within 60 days. FTX is...

Frax Finance Adopts BlackRock’s BUIDL for Stablecoin

BlackRock's BUIDL fund now supports Frax's frxUSD stablecoin. Enhances transparency and has potential yield-bearing benefits. The Frax Finance community has approved FIP-418 unanimously, a...

Coinbase Acquires BUX Cyprus Subsidiary for CFDs...

Coinbase acquires BUX Cyprus subsidiary, gaining a CFDs license to expand services across the European Economic Area (EEA). In a major development, Coinbase, the prominent...

Binance Expands in Brazil with Central Bank...

Binance secures Central Bank of Brazil approval for acquisition, expanding its services, ensuring compliance, and enhancing security for Brazilian users. In a significant move to...

KuCoin Unveils KuCoin Pay Transforming Crypto Payments

KuCoin Pay offers global crypto transactions that are both seamless and low-cost. Businesses receive access to KuCoin's 37M+ users for a greater reach. KuCoin...

OKX Achieves Milestone Growth and Expansion in...

OKX achieves significant growth in 2024 with global expansion, new features, and a focus on Web3 and decentralized applications. OKX, a leading cryptocurrency exchange, has...

Binance Boosts Security with $9.1 Million Scam...

Binance boosts security with $9.1 million scam recovery, blacklists 47,000 malicious addresses, and implements AI-driven fraud prevention. Binance has taken strong steps to protect its...

Bitget Unveils Massive $5B BGB Token Burn...

Bitget will burn 800M BGB tokens, removing 40% of the total supply. All token burns will take place on-chain to maintain transparency and...