Hybrid crypto exchange GRVT receives $3.3B monthly volume commitment
The significant contractual volume commitment from the 16 market makers comes shortly ahead of GRVTs mainnet launch in the fourth quarter of 2024.
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The significant contractual volume commitment from the 16 market makers comes shortly ahead of GRVTs mainnet launch in the fourth quarter of 2024.
Nigerias SEC will enforce regulations on unregulated crypto businesses as it aims to protect investors and encourage innovation in the growing market.
Uniswap Labs agreed to pay $175,000 in civil penalties and cease trading leveraged tokens following CFTC charges.
Nigri’s Scuritis nd Exchng Commission (SEC) is intnsifying its efforts to rgult th cryptocurrncy mrkt. Dirctor-Gnrl Emomotimi Agm nnouncd strict ctions ginst individuls nd compnis running crypto xchngs without following SEC guidlins. This nnouncmnt follows th rcnt pprovl-in-principl of two complint xchngs, Quidx nd Bush. Dr. Agm ritrtd th SEC’s ddiction to invstor protction, spcilly […]
Coinbase has seen a sharp decline in market share as smaller exchanges gained ground recent months, according to a Sept. 9 report by research firm Kaiko. Coinbase dominated more than half of the US crypto market share earlier this year, peaking at almost 55% in March. However, its market share has since fallen to 41% […]
The post Coinbase market share dips as smaller exchanges gain ground Kaiko appeared first on CryptoSlate.
The crypto exchanges have received the consent of the AFSA regulator to be the first fully licensed Digital Asset Trading Facilities in Kazakhstan.
Leading global auditor Grant Thornton has confirmed the security of Liminal’s infrastructure following a comprehensive review conducted in response to WazirX’s July 18 hack. The hack, which targeted WazirX’s systems, prompted Liminal to launch an internal investigation and engage independent auditors to assess potential vulnerabilities within its own platform. The firm reaffirmed that its systems […]
The post Liminal cleared by independent security audit after WazirX breach, no vulnerabilities found appeared first on CryptoSlate.
Binance, the largest crypto exchange, has recently published details concerning assets it holds for users in line with its ongoing…
The post Bitcoin, XRP, and Shiba Inu Deposits Fall on Binance Amid Shift to Stablecoins first appeared on The Crypto Basic.
Binance described Tokocrypto as its subsidiary, suggesting that it may have a controlling stake in the Indonesian trading platform.
Attorney Fred Rispoli has offered insight into the ongoing Ripple case, easing concerns about a potential SEC appeal. According to Rispoli, even if the regulatory body does appeal, a ruling likely wont be reached before 2026. This long delay offers breathing room for Ripple and XRP to continue thriving. Rispoli also pointed out that the […]
Competition is mounting among DeFi derivatives protocols after Synthetix launched on Arbitrum in July.
A federal judge has rejected Coinbase’s motion to dismiss a proposed class action lawsuit by shareholders, Reuters reported Sept. 6. The lawsuit accuses the largest US crypto exchange of downplaying the likelihood of being sued by the US Securities and Exchange Commission (SEC). US District Judge Brian Martinotti ruled on Sept. 5 that shareholders adequately […]
The post Coinbase to face shareholder lawsuit over SEC risks, judge rules appeared first on CryptoSlate.
With complete approval in Kazakhstan, cryptocurrency exchanges Bybit and Binance are able to extend their worldwide reach. The approval from Kazakhstan’s financial watchdog brings them closer to its goal of becoming a regulated DATF. The digital asset exchange industry is in the midst of a fierce race to ensure that
The post Binance to Become the First Legal Crypto Exchange in Kazakhstan appeared first on Coinpedia Fintech News
Binance is just one step away from becoming the first fully regulated crypto exchange in kazakhstan. It has achieved a major milestone by securing formal consent from the Astana Financial Services Authority (AFSA). This is a major development for the company and reflects its unwavering commitment to regulatory compliance and security in the crypto industry. …
Indias Financial Intelligence Unit is studying registration requests from four overseas crypto exchanges that were earlier banned for noncompliance with the countrys AML laws.
India’s Financial Intelligence Unit (FIU-India) is reportedly set to approve two more offshore crypto exchanges to resume operations in the country by the end of the 2025 fiscal year, following a thorough review of their compliance with anti-money laundering (AML) laws. The development comes as the FIU continues to assess requests from four exchanges previously […]
The post Indian regulators to clear offshore crypto exchanges after strict AML review appeared first on CryptoSlate.
A plea deal filed in November 2023 asked prosecutors to consider that Changpeng Zhao was prohibited from any present or future involvement in operating or managing Binance.
The hacker responsible for stealing over $235 million from the Indian crypto exchange WazirX has transferred around $10 million through sanctioned Tornado Cash in the past 24 hours, according to blockchain security firm Cyvers. In a Sept. 5 message to CryptoSlate, Cyvers reported that the hacker had begun moving assets the previous day. So far, […]
The post WazirX hacker launders $10 million through Tornado Cash appeared first on CryptoSlate.
During an interview at the Korea Blockchain Week event in Seoul, South Korea, crypto entrepreneur Mark Karpelesformer CEO of Mt. Goxsaid that he plans to launch his new cryptocurrency exchange later this month with an emphasis on transparency and user-friendliness. Using Poland as its hub, the soon-to-be platform EllipX will
The exchange stablecoin ratio measures the balance between stablecoins held on exchanges and Bitcoin. When this ratio drops sharply, it usually signals a reduction in the amount of stablecoins available on exchanges compared to Bitcoin reserves. It often reflects growing demand for Bitcoin, as traders either convert stablecoins into BTC or withdraw them from exchanges […]
The post Low exchange stablecoin ratio hints at strong Bitcoin demand appeared first on CryptoSlate.
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