crypto exchange

Binance and CEO Changpeng Zhao sued by CFTC over trading and derivative violations

Binance, the world’s largest crypto exchange by volume; its CEO Changpeng Zhao; and Chief Compliance Officer Samuel Lim, are being sued by the U.S. Commodity Futures and Trading Commission, accordin

Coinbase shares rise after nontrading revenues increase amid a continued crypto winter

Coinbase, the second-largest crypto exchange by trading volume, released its Q4 2022 earnings on Tuesday, giving shareholders and market players alike an updated look into its financials. In response

Kraken ends its crypto-staking services for US clients following $30M SEC charge

Kraken has settled charges with the U.S. Securities and Exchange Commission (SEC) and is shutting down its on-chain staking program, the government agency shared on Thursday. The exchange, which was c

Binance acquires majority stake in Korean crypto exchange GOPAX

Binance Holdings plans to return to South Korea after pulling out of the market in 2021. The world’s largest cryptocurrency trading platform by volume said it had acquired a majority stake in S

FTX’s new CEO says there’s possibility for exchange to restart

As FTX news subsided in recent weeks, the new CEO of the crypto exchange shared that he is exploring the possibility of restarting the company, according to a report from The Wall Street Journal. John

Former FTX CEO SBF pleads not guilty to US criminal charges

FTX founder and former CEO Sam Bankman-Fried plead not guilty to all eight counts of U.S. criminal charges on Tuesday. Bankman-Fried appeared before a judge in the U.S. District Court in New York City

Binance’s bitcoin reserves are fully collateralized according to auditing firm Mazars

Auditing firm Mazars has released a report about Binance’s BTC reserves. The auditing firm has reached the same conclusion as Binance itself. As of November 22 at 23:59 UTC, Binance held enough bitc

Binance launches proof-of-reserves system for BTC holdings

Cryptocurrency exchange company Binance has released a new site that explains its proof-of-reserves system. The company is starting with BTC reserves. Right now, Binance has a reserve ratio of 101%. I

Rocketplace raises $9M in seed funding to build the ‘Fidelity for crypto’

Rocketplace, a startup that aims to build a “next-generation asset management platform for crypto,” has raised $9 million in a seed funding round. A few things about this raise stood out. For one,

Uniswap Labs COO MC Lader on the incentives behind DeFi

Crypto lending and financial services companies have been at the forefront of the industry’s latest controversies ever since the collapse of the Terra stablecoin, with many drawing parallels bet

5 takeaways from Coinbase’s disappointing Q2 results

Coinbase is having to defend its model to investors who may have bought into its stock when it was trading much higher. And per its own notes, the bad times are not about to end any time soon.

Coinbase’s earnings fall short of expectations as crypto winter rages

Investors shrug, implying the bad news was priced-in

Zipmex pauses withdrawals ‘until further notice’ [updated]

Update: In a statement sent to TechCrunch, Zipmex said it has enabled withdrawals from its trade wallet and “are actively working to resume trading.” But transfers from ZWallet to trade wa

Crypto exchange Gemini executes second round of layoffs less than two months after axing 10% of staff

Just seven weeks after crypto exchange Gemini cut approximately 10% of its workforce due to “turbulent market conditions,” the startup has made a second round of layoffs, TechCrunch has learned,

Binance.US CEO tells employees the company is ‘growing faster than ever’

Binance.US, the American company associated with the world’s largest crypto exchange, isn’t worried about the market turmoil that has pushed some of its competitors to tighten their belts.

Gemini lays off 10% of workforce as the ‘crypto revolution’ enters its ‘contraction phase’

Crypto platform Gemini has cut approximately 10% of its workforce, per co-founders and twin brothers Cameron and Tyler Winklevoss. In a post announcing the news, the duo attributed the layoffs to “t

Coinbase backtracks on its hiring plans, citing crypto market turmoil

Coinbase, the third-largest crypto exchange by volume, has changed its tune on hiring amid a market downturn. “Heading into this year, we planned to triple the size of the company. Given current

BitMEX crypto exchange lays off a quarter of staff after failed acquisition

Derivatives-focused crypto exchange BitMEX has laid off about 75 employees, or a quarter of the company’s staff, days after its founders’ plans to acquire a German bank fell through. Staff

Decentralized exchange aggregator 1inch grabs $175 million in token sale

1inch, a popular aggregator of decentralized protocols, has raised $175 million in what it calls a Series B funding round. It isn’t a traditional venture round as the company isn’t selling a stake

Hong Kong-based fintech XanPool raises $27M for its decentralized payment network

XanPool, a payment infrastructure provider that facilitates faster crypto and fiat settlements, announced today it has raised a $27 million Series A led by Valar Ventures. The round included participa
Load More