The gray cash‑to‑crypto exchange market in Russia moves billions, with Moscow serving as the main hub. Alexey Korolenko, executive director of Cifra Markets, says that while the government has cracked down on some activity, it is difficult to close all trading offices. Russia Moves Billions in Cash-to-Crypto Operations, Analyst Estimates While Russian authorities have recently […] Source
The amount of Bitcoin held on centralized exchanges has plunged to a six-year low as the asset climbed to a new all-time high. The total Bitcoin balance on centralized exchanges fell to a six-year low of 2.83 million BTC on Saturday, according to Glassnode. The last time that there were fewer coins stored on exchanges was early June 2019, when the asset was trading around $8,000 in the depths of a bear market. Blockchain analytics platform CryptoQuant has a slightly lower total exchange reserve figure of 2.45 million BTC, which…
The largest crypto exchange platform in the world by trading volume has rolled out support for the native asset of an enterprise-focused, on-chain lending network. Binance listed the decentralized finance (DeFi) project Morpho (MORPHO) via its HODLer Airdrops program, which rewards BNB holders with select tokens based on historical snapshots of their balances. Morpho bills itself as “the most trusted on-chain lending network,” noting it has more than $10 billion in deposits. “Businesses can connect to Morpho’s open infrastructure to power any lending or borrowing use case at scale, including…
Key Notes Coinbase recently disclosed that it has applied for a national trust company charter from the OCC. The charter is expected to bring a fresh set of regulatory oversight. Paxos, Circle, BitGo, and Ripple are also seeking a Federal Charter from the OCC. As part of an expansion of its services, American cryptocurrency exchange Coinbase is pursuing a national trust company charter from the Office of the Comptroller of the Currency (OCC). It has now joined the list of other digital asset service providers seeking the same charter in…
On-chain data shows the Bitcoin short-term holders have just made large deposits to exchanges, a potential sign profit-taking is underway. Bitcoin Short-Term Holder Exchange Inflows Have Shot Up In a new post on X, CryptoQuant community analyst Maartunn has talked about the latest trend in the deposits being made by Bitcoin short-term holders to centralized exchanges. The “short-term holders” (STHs) refer to the BTC investors who purchased their coins within the past 155 days. The STHs make up for one of the two main divisions of the network done on…
Binance has rolled out support for a new blockchain infrastructure layer project. The top global crypto exchange by trading volume says DoubleZero (2Z) is the next project in its HODLer Airdrops program, which rewards BNB holders with tokens based on historical snapshots of their balances. DoubleZero bills itself as a “high-performance global network purpose-built for distributed systems.” “On the public internet, packets take multiple hops before arriving at their destination. With DoubleZero, they move along the most direct path from point A to point B. Powered by independent contributors supplying available bandwidth,…
The top US-based crypto exchange by trading volume is combining forces with the world’s most popular smartphone producer to make accessing crypto even easier for Android users. In a new press release, Coinbase has announced that Samsung Galaxy users can now access a free trial to Coinbase One in addition to Coinbase integration in Samsung Pay. Says Coinbase Chief Business Officer Shan Aggarwal, “Together with Samsung, we’re pairing their global scale with Coinbase’s trusted platform to deliver the best value for people to access crypto — starting with more than…
The UK Treasury is reportedly considering a temporary exemption from stamp duty for shares of newly listed companies on the London Stock Exchange, as Financial Times reported. The measure is part of efforts to support the city’s public markets, which have seen lower listing activity compared with some smaller international exchanges. The proposed exemption would remove the 0.5 per cent tax on share purchases for companies that have recently floated. Sources indicate it could apply for two to three years following a company’s listing. Shares issued at the point of…
October 1st, 2025 – VILNIUS, Lithuania BTCC, the world’s longest-serving cryptocurrency exchange, announced today at TOKEN2049 Singapore its ambitious plan to triple its global workforce to 3,500 employees over the next six months. This marks a pivotal transformation in the company’s evolution from a traditional crypto exchange to a comprehensive Web3 platform. The announcement comes at TOKEN2049 Singapore, Asia’s premier Web3 event taking place at the Marina Bay Sands Expo & Convention Centre from October 1-2, 2025. With thousands of attendees, exhibitors, and speakers converging at the event, BTCC chose…
A Kazakhstan agency announced on Sept. 29 the dismantling of a major crypto exchange involved in laundering over $224 million from drug trafficking and internet fraud. High-Profile Service and Darknet Links Kazakhstan’s Financial Monitoring Agency (FMA) announced on Sept. 29 that it had completely dismantled a major crypto exchange service that laundered over $224 million […] Source