Category: Exchanges

SEC Drops Enforcement Lawsuit Against Against Top US Crypto Exchange, ‘Righting a Major Wrong’: Coinbase

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The U.S. Securities and Exchange Commission (SEC) is dropping a lawsuit against the top US-based crypto exchange, according to a new Coinbase blog post. Coinbase says the SEC has agreed “in principle” to dismiss its case with Commissioner approval. According to Coinbase, the suit being dropped should be viewed as a “major win for the rule of law”. Coinbase says that it has always complied with the SEC since going public in 2021. However, according to the top US-based crypto exchange by trading volume, political changes at the top of…

$1,400,000,000 Drained From Crypto Exchange Bybit As Hackers Crack Ethereum (ETH) Contract Address: Arkham

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The Singapore-based crypto exchange Bybit says it’s suffered a major security breach involving its Ethereum (ETH) cold wallet. According to the crypto analysis firm Arkham, about $1.4 billion in ETH and stETH has been taken. CEO Ben Zhou says the breach happened when an ETH transfer to a warm wallet was manipulated through a sophisticated attack. “Bybit ETH multisig cold wallet just made a transfer to our warm wallet about 1 hr ago. It appears that this specific transaction was musked, all the signers saw the musked UI which showed…

Investment Giant Franklin Templeton Launches Mixed Bitcoin and Ethereum Exchange-Traded Fund

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The financial services giant Franklin Templeton has launched a mixed Bitcoin (BTC) and Ethereum (ETH) spot exchange-traded fund (ETF). Coinbase will provide custody services for the new Franklin Crypto Index ETF (EZPZ), the firm’s third crypto exchange-traded fund. Franklin Templeton also launched single-asset Bitcoin and Ethereum ETFs last year. The new fund will track the CF Institutional Digital Asset Index, an investible benchmark portfolio index that is currently weighted 86.51% BTC and 13.49% ETH. David Mann, the global head of ETF product and capital markets at Franklin Templeton, says the…

eToro Expands Offering with ADX Stocks as Exchange Raises $3.3 Billion in IPOs

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BitMart’s Strategy & Growth | FMTalks with Ksenia Drobyshevskaya BitMart’s Strategy & Growth | FMTalks with Ksenia Drobyshevskaya BitMart’s Strategy & Growth | FMTalks with Ksenia Drobyshevskaya BitMart’s Strategy & Growth | FMTalks with Ksenia Drobyshevskaya 🎙️ BitMart’s Strategy & Growth: Key Takeaways from the Podcast In this insightful conversation, Ksenia, Growth Lead at BitMart, shares her perspective on BitMart’s strategy, the latest crypto trends, and the exchange’s expansion efforts. Here are the key takeaways: ✅ BitMart’s Competitive Edge – With 1,400+ trading pairs and a strong global presence, BitMart…

Crypto.com’s Explosive Growth Reshapes Exchange Rankings

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Total centralized exchange volume reached $18.83 trillion, the second-highest in five years, though still below 2021’s record of $25.21 trillion. 2021 Marked by Key Events In 2024, Binance remained the largest centralized cryptocurrency exchange, despite its share of total trading volume among the top 15 exchanges falling by approximately eight percentage points, from 47% to […] Source

Banks in South Korea Moving Quickly To Partner With Crypto Exchanges Amid New Regulatory Clarity: Report

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Banks in South Korea are reportedly rushing to partner with crypto firms as the country’s digital asset regulations become less restrictive. Last week, South Korea’s Financial Services Commission announced the country would launch a pilot program in the second half of 2025 enabling 3,500 corporate entities to buy crypto for investment and financial purposes. Corporate crypto transactions have been banned in the country since 2017. South Korean media outlet NewsPim reports that Upbit, the largest exchange in the country, has partnered with K Bank. South Korea’s second-largest exchange, Bithumb, also…

Milei Cryptocurrency Scandal Sparks Fraud Allegations

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Argentina’s President Javier Milei has denied any wrongdoing in what is now being called the Milei cryptocurrency scandal. The controversy erupted after Milei mentioned a newly launched cryptocurrency, $Libra, in a social media post. The digital asset saw a brief surge before plummeting, leaving many investors with heavy losses. Now, legal authorities are assessing whether the president could face fraud charges. Despite the backlash, Milei remains defiant, comparing investors’ losses to gambling risks. “If you go to a casino and lose money, what’s there to complain about?” he remarked in…

Bank of New York Mellon Holds $13,280,431 Worth of Bitcoin (BTC) Exchange-Traded Funds: SEC Filing

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The Bank of New York Mellon (BK) is holding more than $13 million worth of shares in Bitcoin (BTC) exchange-traded funds (ETFs). According to a new filing with the U.S. Securities and Exchange Commission (SEC), Bank of New York Mellon currently holds $13,280,431 worth of shares in Bitcoin ETFs. The bank’s holdings include 115,108 shares of WisdomTree Bitcoin Fund (BTCW) worth about $11.87 million and 25,309 shares of BlackRock’s iShares Bitcoin Trust (IBIT) worth about $1.4 million. Other US banks are also holding BTC ETF shares. Banking giant JPMorgan Chase…

A Look at 1FUEL’s Innovative Exchange Platform

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BitMart’s Strategy & Growth | FMTalks with Ksenia Drobyshevskaya BitMart’s Strategy & Growth | FMTalks with Ksenia Drobyshevskaya BitMart’s Strategy & Growth | FMTalks with Ksenia Drobyshevskaya BitMart’s Strategy & Growth | FMTalks with Ksenia Drobyshevskaya 🎙️ BitMart’s Strategy & Growth: Key Takeaways from the Podcast In this insightful conversation, Ksenia, Growth Lead at BitMart, shares her perspective on BitMart’s strategy, the latest crypto trends, and the exchange’s expansion efforts. Here are the key takeaways: ✅ BitMart’s Competitive Edge – With 1,400+ trading pairs and a strong global presence, BitMart…

EU Watchdog Wants Crypto Exchanges and Companies Staff to Hit the Books

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BitMart’s Strategy & Growth | FMTalks with Ksenia Drobyshevskaya BitMart’s Strategy & Growth | FMTalks with Ksenia Drobyshevskaya BitMart’s Strategy & Growth | FMTalks with Ksenia Drobyshevskaya BitMart’s Strategy & Growth | FMTalks with Ksenia Drobyshevskaya 🎙️ BitMart’s Strategy & Growth: Key Takeaways from the Podcast In this insightful conversation, Ksenia, Growth Lead at BitMart, shares her perspective on BitMart’s strategy, the latest crypto trends, and the exchange’s expansion efforts. Here are the key takeaways: ✅ BitMart’s Competitive Edge – With 1,400+ trading pairs and a strong global presence, BitMart…