In the world of crypto, capitalization is more than just a number. It represents the stability, credibility, and long-term potential of an exchange. It’s a key signal to the market that a player matters, and it’s what enables future scalability and meaningful partnerships. The drive to increase capitalization among exchanges reflects a broader market trend: […] Source
Cryptocurrency exchange Gemini has received a Markets in Crypto-Assets Regulation (MiCA) license in Malta, supporting the company’s ongoing expansion in Europe. The Cameron and Tyler Winklevoss-owned exchange secured a MiCA license from the Malta Financial Services Authority on Wednesday, according to official MFSA records. “Receiving this approval marks a critical milestone in our regulated European expansion, as it will allow us to expand our secure and reliable crypto products for customers in over 30 European countries and jurisdictions,” Gemini said in a statement shared with Cointelegraph. The regulatory milestone came…
The South Korean crypto exchange Upbit has announced a new listing for a data feed-focused altcoin, triggering explosive price action. According to a new announcement, Upbit is supporting Api3 (API3) for trading over the Ethereum (ETH) network on its platform starting Tuesday. Amid the announcement from Upbit, API3 exploded from Monday’s low of $0.748 to Wednesday’s high of $1.82, a more than 143% gain. API3 has since retraced and is trading for $1.34 at time of writing, up 60.6% on the day. With a market cap of $169.72 million, API3…
South Africa’s financial regulator has warned the public about a fraudulent investment outfit that is using the name of the Johannesburg Stock Exchange (JSE) on WhatsApp to lure investors. Fake Links to JSE The Financial Sector Conduct Authority (FSCA) said Octodec Invest Ltd has been presenting itself as associated with the JSE, South Africa’s licensed stock exchange. The JSE confirmed through legal counsel that no such connection exists. According to the FSCA, Octodec has used the JSE’s trademarks without permission, which is prohibited under section 4(2) of the Financial Markets…
South Korea’s top financial regulator has ordered all local digital asset exchanges to temporarily suspend their cryptocurrency lending services, citing a lack of clear regulations and high risk to investors. The Financial Services Commission (FSC) issued the administrative guidance to exchanges today, effectively halting new crypto lending operations until the government establishes a proper regulatory framework. This action comes after a rapid rise in such services, with exchanges like Upbit and Bithumb launching lending products in early July. These services, which allowed users to borrow cryptocurrencies or Korean won against…
Cryptocurrency exchange Gemini revealed a visible surge in losses for the first half of 2025, posting a net loss of $282.5 million compared to $41.4 million in the same period last year, according to its initial public offering (IPO) filing released last Friday. The results paint a challenging financial picture for the company led by billionaire twins Tyler and Cameron Winklevoss, even as they seek to capitalize on a wave of crypto companies going public on Wall Street this year. Gemini Reports Sharply Higher Losses as Crypto Exchange Files for…
Crypto exchange Gemini has filed for a public listing, revealing the company’s balance sheet along with its deep losses. According to an S-1 filing submitted to the Securities and Exchange Commission (SEC), Gemini posted an operating loss of nearly $113.5 million in the first half of 2025. The red ink follows an $84.8 million operating loss in the same period last year. The filing also shows that rising costs in key areas are weighing heavily on the firm. Salaries and compensation amounted to $71.1 million, while technology expenses totaled $34.5…
Gemini Space Station, Inc. (Gemini Exchange) filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (SEC) on August 15, 2025, for a proposed initial public offering (IPO) of its Class A common stock, with the number of shares and price range yet to be determined and subject to market conditions. […] Source
New data from the cybersecurity firm PeckShield reveals that tens of millions of dollars worth of digital assets were stolen from the crypto exchange BtcTurk. In a new post on X, PeckShield says that the Turkish crypto exchange platform BtcTurk has been exploited to the tune of $49 million worth of crypto assets, $38.6 million of which was Ethereum (ETH), the second-largest cryptocurrency by market cap. Other notable digital assets stolen include $4.3 million worth of layer-1 blockchain Avalanche (AVAX), $1.9 million worth of the layer-2 scaling solutions Arbitrum (ARB),…
Cryptocurrency exchange Garantex Europe, which was sanctioned on Thursday, could already have a contingency plan allowing it to skirt the impact of US sanctions, says blockchain intelligence firm TRM Labs. On Thursday, the US Treasury’s Office of Foreign Assets Control (OFAC) sanctioned Garantex a second time, along with its successor, Grinex. However, TRM Labs said in a report on Thursday that the sanctions may turn out to be ineffective, as entities like Garantex “appear to prepare contingency plans well in advance of anticipated enforcement measures” which allow them to quickly…