Tagged: crypto exchange

October 17, 2026 @ 4:18 pm By Omar Faridi  |  

Binance.US, the U.S.-focused cryptocurrency trading platform, is reportedly exploring a new private capital raise of as much as $100 million that would value the company at approximately $1 billion. According to people familiar with the confidential discussions, the potential round is intended to strengthen the… Read More

September 25, 2026 @ 3:41 pm By Omar Faridi  |  

Bitget revealed that a $351.6 million breach was not a private-key theft. According to CEO Gracy Chen, attackers broke into a critical wallet backend, fed forged transfer data into the exchange’s own approval process, and walked funds out of hot and warm wallets as if… Read More

September 22, 2026 @ 2:19 pm By Omar Faridi  |  

Brazil’s new virtual-asset licensing regime is already beginning to thin the field. With just over a month left in the transition window, local reporting indicates that only five virtual asset service providers have submitted authorization filings to the Banco Central do Brasil. Of those five,… Read More

September 21, 2026 @ 3:31 pm By Omar Faridi  |  

Shares of Gemini Space Station (NASDAQ: GEMI) have lost most of the value they carried at the company’s public debut, and that slide has revived a familiar question among crypto industry professionals: whether the platform could become a takeover candidate if its core exchange does… Read More

September 15, 2026 @ 5:46 pm By Omar Faridi  |  

Cryptocurrency trading platform CoinEx is shutting down after nearly a decade in business, citing a long stretch of weak market conditions that made continued operations unsustainable. The company, which went live on December 22, 2017, said it reached the decision after reviewing the industry’s reduced… Read More

September 15, 2026 @ 8:06 am By Omar Faridi  |  

Federal prosecutors in New York have moved to confiscate about $61 million in cryptocurrency they describe as revenue from unsanctioned Iranian crude and petroleum sales. The civil forfeiture complaint, filed September 14, 2026 by the US Attorney’s Office for the Southern District of New York… Read More

August 26, 2026 @ 8:30 am By Omar Faridi  |  

Crypto exchange and investment platform Kraken recently faced disruption after a wave of unsolicited micro-transfers reached addresses linked to its platform. Between August 17 and 24, 2026, nearly 12,000 tiny cryptocurrency deposits—typically valued at just a few cents to a couple of dollars—arrived from a… Read More

August 23, 2026 @ 5:40 pm By Omar Faridi  |  

Reports indicate that Binance, which decisively remains the world’s largest cryptocurrency exchange by trading volume, has continued to allow new customers from European Union countries to open and verify accounts well after the July 1, 2026, deadline under the Markets in Crypto-Assets (MiCA) regulation. The… Read More

August 22, 2026 @ 5:52 pm By Omar Faridi  |  

Authorities in the United Arab Emirates briefly held two employees of the cryptocurrency exchange Binance in recent weeks as part of police investigations into possible financial wrongdoing linked to activity on the platform. The workers were intercepted while passing through airports in the Emirates and… Read More

August 20, 2026 @ 8:12 am By Omar Faridi  |  

Binance reported that its internal monitoring systems identified and helped neutralize a suspicious governance proposal targeting a decentralized autonomous organization. The DAO proposal, which appeared designed to compromise access to the project’s treasury holdings valued at approximately $1.2 million, was reportedly detected with fewer than… Read More

August 18, 2026 @ 11:14 pm By Omar Faridi  |  

South Korea’s two largest cryptocurrency exchanges, Upbit and Bithumb, experienced substantial drops in overall revenue during the first half of 2026. These results highlight the ongoing pressure from a prolonged downturn in Bitcoin and the wider digital asset market, which has sharply reduced trading activity… Read More

August 18, 2026 @ 7:57 am By Omar Faridi  |  

The full implementation of the European Union’s Markets in Crypto-Assets framework has strengthened the ability of national regulators to restrict access by non-EU crypto trading platforms. Under the rules that reached complete application across the bloc, any entity offering crypto-asset services to customers based in… Read More

August 15, 2026 @ 9:12 pm By Omar Faridi  |  

Binance, one of the world’s largest cryptocurrency exchanges, has announced plans to halt processing of transactions linked to HTX (formerly Huobi) and several other digital asset platforms. The decision stems from the need to comply with evolving regulatory requirements, particularly those tied to the European… Read More

August 9, 2026 @ 4:23 pm By Omar Faridi  |  

Once a dominant force in cryptocurrency derivatives trading, BitMEX has failed to complete a long-running sale process, according to people familiar with the matter. The platform, which pioneered perpetual futures contracts and once commanded a large share of leveraged trading activity, spent roughly two years… Read More

August 4, 2026 @ 3:13 pm By Omar Faridi  |  

A Dubai-based cryptocurrency platform with ties to Iranian interests has been reported to have transferred substantial digital assets to Binance, raising questions about potential efforts to circumvent international financial restrictions. According to a detailed investigation, the unlicensed exchange known as Shelbit, operated by Iranian expatriate… Read More

August 4, 2026 @ 8:20 am By Omar Faridi  |  

South Korea’s cryptocurrency platform Bithumb has outlined a multi-year plan to go public, targeting completion of its initial public offering in 2028. The exchange shared details of this roadmap in an official customer notice on August 3, 2026, emphasizing that the process is designed to… Read More

August 2, 2026 @ 12:02 pm By Omar Faridi  |  

BNB Chain has announced it is taking legal steps against a former employee who allegedly used a wallet originally set up for an educational video to release a new memecoin without any company approval. The blockchain network, linked to the Binance ecosystem, stressed that it… Read More

July 27, 2026 @ 10:40 pm By Omar Faridi  |  

Cryptocurrency exchange BitMart has announced it will begin an orderly wind-down of its trading platform operations. The decision follows a thorough review of the company’s current operating conditions, the broader market environment, and its longer-term strategic priorities. Officials expressed deep regret over the move while… Read More

July 26, 2026 @ 7:18 pm By Omar Faridi  |  

BitMEX and its co-founders are once again facing legal challenges in the United States, this time through a newly filed class-action lawsuit that accuses the crypto derivatives platform of operating a secret internal trading operation against its own customers. The complaint was submitted on July… Read More

July 23, 2026 @ 8:16 am By Omar Faridi  |  

Mirae Asset Group has obtained clearance from the nation’s antitrust authority for its planned purchase of cryptocurrency platform Korbit. This approval represents a notable first for a major financial conglomerate’s affiliate acquiring a licensed virtual asset exchange, underscoring the accelerating blend of traditional investment channels… Read More