Category: Exchanges

Canadian Steals $34,650,000 in Cryptocurrency, Then Continues Stealing While on Bail: Report

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A Canadian man has been sentenced to one year behind bars for stealing $34.6 million worth of crypto assets and continuing to steal while out on bail. According to a new report from the Canadian state-run CBC, an unnamed man from Hamilton has pleaded guilty to a theft spree that saw him net CAD $1 million ($722,256) from 200 victims. However, the man’s crime spree occurred when he was out on bail for a different crime he committed when he was a teenager – one that saw him steal a…

Crypto Exchange Gemini’s IPO 20x Oversubscribed, but Proceeds Capped at $425M

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The initial public offering (IPO) of Gemini, the crypto exchange founded by the Winklevoss twins, has been oversubscribed 20 times, Reuters reported. Further, the exchange and its bankers decided to cap the IPO proceeds at $425 million, which is unusual. IPO Offer Revised Gemini initially planned to raise $317 million at a valuation of about $2.22 billion. The company first planned to offer 16.67 million shares priced between $17 and $19 each, but then received an offer price between $24 and $26 each. Following high demand, the company again increased…

Flipster Secures AAA Security Rating From CER.live, Placing Among Top 13 Most Secure Global Exchanges

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PANAMA CITY, Sept. 11, 2025 /PRNewswire/ — Flipster, a fast-growing crypto perpetuals trading platform, has received an AAA rating from CER.live, a leading cybersecurity ranking platform powered by blockchain security firm Hacken. The rating places Flipster among the 13 most secure exchanges worldwide, recognizing its performance across critical security standards. The platform achieved a 90% overall security score, with perfect marks in server security, user security, penetration testing, and its bug bounty program. This positions Flipster alongside established players including Coinbase, OKX, and Kraken. CER.live’s independent methodology evaluates exchanges on…

Vietnam to Pilot Local Crypto Exchanges, but Requirements Are Heavy

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Vietnam passed a resolution last Tuesday to allow local companies to operate cryptocurrency trading platforms. The initiative is under a five-year trial, during which cryptocurrencies can be issued, but under strict conditions. Vietnam’s Local Approach Towards Crypto Cryptocurrency issuance, trading, and transactions on the platforms must be conducted using the dong, the Vietnamese fiat currency. As reported by the local media, only Vietnamese companies will be permitted to operate the trading platforms. Foreign participation is strictly limited to 49 per cent, which will ensure local market control. The government also…

Dead FX Trading Firm Suddenly Gains $7 Million from $2B Foreign Exchange Rigging Case

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“Dynamic & Spot-On” – Yulia Tereshchenko on Finance Magnates “Dynamic & Spot-On” – Yulia Tereshchenko on Finance Magnates “Dynamic & Spot-On” – Yulia Tereshchenko on Finance Magnates “Dynamic & Spot-On” – Yulia Tereshchenko on Finance Magnates “Dynamic & Spot-On” – Yulia Tereshchenko on Finance Magnates “Dynamic & Spot-On” – Yulia Tereshchenko on Finance Magnates Yulia Tereshchenko from OneZero shares her thoughts on Finance Magnates and why she follows our coverage. “Dynamic. The news is always spot on, always up to date, so I always know what’s going on in the…

Vietnam Greenlights Five-Year Crypto Pilot, Imposing Strict Rules on Trading and Exchanges – SuperCryptoNews

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Vietnam has launched a five-year pilot program for cryptocurrency trading, marking a significant step toward formalizing a rapidly growing but unregulated market. The government’s resolution, announced Tuesday, establishes a tightly controlled framework with strict entry requirements for firms and a focus on domestic control. The pilot program mandates that only Vietnamese companies can operate crypto platforms and issue tokens. Furthermore, all crypto transactions—including issuance, trading, and payments—must be settled in Vietnamese dong. The regulations set a high bar for participation. Exchange providers must have a minimum capital of 10 trillion…

Sygnum Integrates Bybit Into Bank-Grade off‑exchange Custody Network

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Swiss digital-asset bank Sygnum has integrated crypto exchange Bybit into its Sygnum Protect off-exchange custody platform, making Sygnum the first bank to offer off-exchange custody for Bybit and enabling spot and derivatives trading with assets held off-balance sheet in regulated, bank-grade custody. The integration lets Bybit institutional clients trade using collateral—crypto and stablecoins—held at Sygnum, […] Source

Cryptocurrency Exchange Kraken Expands $3.5B Tokenized Stock Trading to European Union

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Crypto exchange Kraken announced today (Tuesday) it has extended its xStocks tokenized equity service to European Union clients, following a phased global rollout that began in late June. The expansion allows eligible EU-based investors to trade digital representations of popular U.S. stocks like Tesla and Amazon and exchange-traded funds (ETFs) directly through Kraken’s mobile app, powered by Swiss firm Backed’s tokenization technology. Since launching internationally in June, xStocks has generated more than $3.5 billion in combined trading volume across centralized and decentralized exchanges, according to company data. The service initially…