Exchanges

The recent withdrawal of BiT Global’s lawsuit against Coinbase regarding the delisting of Wrapped Bitcoin (WBTC) marks a pivotal moment in a rapidly evolving cryptocurrency landscape. Tied to entrepreneur Justin Sun, who has found himself embroiled in various controversies, BiT Global’s legal battle exposed deep-seated tensions marking the boundaries between centralized exchanges and custodial token
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In a recent announcement from Brian Armstrong, the CEO of Coinbase, the crypto giant proclaimed an impressive 82% reduction in the number of unnecessary account freezes plaguing its platform. This statistic sounds promising, but it begs a critical examination of what this truly means for the everyday user. Armstrong himself acknowledged that freezing accounts had
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WazirX, a prominent crypto exchange, has recently faced a devastating setback that could profoundly affect its industry standing. The Singapore High Court’s decision to reject its restructuring proposal after a significant $230 million hack in July 2024 not only hampers immediate operational recovery but marks a critical moment of vulnerability within the crypto ecosystem. While
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In an audacious bid to solidify its foothold in the intricate world of cryptocurrency, Robinhood has completed a $200 million acquisition of Bitstamp, a historic player within the realm of crypto exchanges. This transformative event, which comes after a lengthy 12-month negotiation, represents far more than a mere financial transaction; it is a monumental step
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The recent legal maneuvering from the U.S. Securities and Exchange Commission (SEC) regarding Binance has raised eyebrows and ignited discussions about the future of cryptocurrency regulation. On May 29, the SEC requested a federal judge to dismiss its civil complaint against Binance and its founder, Changpeng “CZ” Zhao. The context surrounding this dismissal is layered
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