The Nasdaq stock exchange filed an application with the US Securities and Exchange Commission (SEC) on Wednesday on behalf of BlackRock to add staking to the asset manager’s iShares Ether (ETH) exchange-traded fund (ETF). If the application is approved, the fund would give investors exposure to staking rewards accrued from using the underlying Ether as collateral security for Ethereum’s proof-of-stake consensus algorithm. In May, the SEC released guidance classifying staking rewards earned from validation services on proof-of-stake blockchain networks as earned income rather than securities transactions subject to capital gains…
Category: Exchanges
Nordic Exchange Safello Partners With Marginalen Bank to Enhance Banking Services for Crypto Customers
Safello has signed a strategic framework agreement with Marginalen Bank, allowing Safello’s over 400,000 customers to access a range of banking services through its platform. This partnership introduces Banking-as-a-Service (BaaS), enabling customers to utilize full-service payment accounts, bill payment options, Swish connections, and debit cards. The agreement, which has an initial term of two years, […] Source
DEA Seizes $10 Million in Cryptocurrency Linked to the Sinaloa Cartel
The DEA completed this cryptocurrency seizure and other drug-related actions as part of Operation Take Back America, resulting in the forfeiture of thousands of pounds of fentanyl, cocaine, and methamphetamines. The Sinaloa Cartel has been designated a Foreign Terrorist Organization by the U.S. government. DEA Confiscated $10 Million in Cryptocurrency From the Sinaloa Cartel As […] Source
Top Crypto Exchange by Trading Volume Binance Announces Airdrop for New Ethereum (ETH) Ecosystem Altcoin
The largest crypto exchange platform in the world by trading volume is announcing an airdrop for a new Ethereum (ETH)-based altcoin. In a new announcement, Binance says it is adding Caldera (ERA), an application that allows the development of ETH-based layer-2 scaling solutions, to its HODLer Airdrops program. “Binance is excited to announce the 27th project on the HODLer Airdrops page – Caldera (ERA). It is the internet of rollups, an ecosystem of modular, interconnected, and customizable chains.” The HODLer Airdrops program, which launched in 2024, rewards investors holding BNB…
Cryptocurrency Exchange Vows Full Compensation After $27M Crypto Attack
Cryptocurrency exchange BigONE confirmed a $27 million loss from a third-party attack on its hot wallet on July 16. Exchange Details Swift Response and User Reimbursement Cryptocurrency exchange BigONE confirmed a security incident in the early hours of July 16, revealing that a third-party attack targeting its hot wallet resulted in an estimated loss of […] Source
Bitcoin Surge and ETF Inflows Drive Market Recovery: Token Insights Q2 Exchange Report
After a significant pullback in Q1, Q2 2025 saw cryptocurrency markets rebound to a $3.46 trillion market cap, driven by ETF inflows and a strong bitcoin rally, although macro concerns and geopolitical tensions continued to suppress broader participation. The latest exchange report by Token Insights highlights key trends in volume, market share, and derivatives versus […] Source
FBS Analyzes Cryptocurrency Market Trends in H1 2025 and Outlines Key Drivers for H2
FBS, a leading global broker, shares its expert review of the first half of 2025 in the cryptocurrency market and outlines key scenarios shaping the months ahead. Bitcoin led the market in H1, showing solid resilience and setting new highs despite global uncertainty. Supported by a more favorable macroeconomic environment with stabilizing inflation, a pause in US rate hikes, and a weaker dollar, BTC once again confirmed its position as the leading force in the crypto market. Earlier in 2025, Bitcoin briefly fell to $76 300 before making a strong…
BTCC Exchange Reports 132% Total Reserve Ratio With Ethereum Leading at 170% in July 2025
This content is provided by a sponsor. PRESS RELEASE. BTCC, the world’s longest-serving cryptocurrency exchange since 2011, has released its July 2025 Proof of Reserves (PoR) report, demonstrating a total reserve ratio of 132%. This marks the fourth consecutive month of maintaining reserves well above 100% since launching monthly PoR reporting in April 2025. The […] Source
NAGA Founder Ben Bilski Launches “AI-Native” Decentralized Exchange on Solana
Ben Bilski, the Founder and former CEO of NAGA Group, has launched a new crypto trading platform called True Trading, which is now live in pre-launch. According to Bilski’s announcement on LinkedIn, the decentralized exchange incorporates a “trainable” artificial intelligence engine and is built on a Layer 2 protocol using the Solana blockchain. AI Functionality and Automation According to its official website, True Trading describes itself as an AI-native decentralized exchange. The platform features an integrated large language model designed to improve over time by analyzing user interactions, trades, and…
Crypto Exchanges Made $172M On Trump Memecoin: Report
US President Donald Trump’s cryptocurrency venture, the Official Trump (TRUMP) memecoin, has generated multimillion-dollar gains for crypto exchanges, in addition to profits for its creators. Launched just about six months ago, the TRUMP memecoin has generated at least $172 million in trading fees for 10 crypto exchanges, including Binance, Coinbase, OKX and more, according to a Reuters report on Monday. In listing TRUMP, some exchanges reportedly disregarded the fact that 80% of the coin’s supply was held by the Trump family and its partners, an issue they’d previously seen as…