BloFin Exchange, a prominent cryptocurrency trading platform, has recently announced its integration with the Chainalysis blockchain data platform. This integration is significant as it will enhance the exchange’s compliance capabilities and strengthen the security of its global user base. By implementing the Chainalysis crypto risk solution, BloFin can now monitor cryptocurrency transactions in real time,
Exchanges
In a recent announcement, Robinhood revealed its plans to acquire the global crypto exchange Bitstamp for around $200 million in cash. This strategic move is aimed at enhancing Robinhood’s position in the crypto market and expanding its offerings to institutional clients. The agreement between Robinhood and Bitstamp is subject to regulatory approvals and customary closing
Bybit, one of the largest cryptocurrency exchanges, recently made a bold move by removing China from the list of countries whose citizens are restricted from using its services. This decision, confirmed by CryptoSlate on June 5, has raised eyebrows in the crypto community. The list of restricted countries still includes major players like the United
Binance, one of the leading cryptocurrency exchanges, recently announced its decision to limit the availability of “unregulated stablecoins” in the European Union by June 30. This move comes in anticipation of the Markets in Crypto-Assets Regulation (MiCA) that is set to come into effect. The exchange pointed out that certain stablecoins may not comply with
Coinbase recently filed a closing brief with the US Court of Appeals for the Third Circuit, challenging the SEC’s denial of its rulemaking petition. The crux of the issue lies in a single sentence in the SEC’s order, where the regulatory body “disagreed” with Coinbase’s assertion that current SEC rules are unworkable for digital asset
Gemini exchange recently made an announcement stating that users of its now-defunct Earn product have received a staggering $2.18 billion of their digital assets. This amount represents a significant portion of the total digital assets owed to Earn users, showing a remarkable recovery since the demise of Genesis, a crypto lender that ceased withdrawals in
The Rehabilitation Trustee of the now-defunct crypto exchange Mt. Gox has confirmed that despite transferring over 140,000 BTC (approximately $10 billion), it has not sold its significant Bitcoin holdings. The confirmation came through a statement on May 28, where the trustee emphasized that preparations for repaying creditors were still ongoing. The firm detailed that the
Coinbase has accused the SEC of attempting to evade established legal tests by overlooking the question of whether digital asset transactions that do not entail any post-sale obligations can be considered investment contracts. In a recent motion filed with the US District Court for the Southern District of New York, the exchange argued that the
Amidst rumors circulating on social media about Bybit crypto exchange’s alleged insolvency, CEO Ben Zhou has stepped forward to firmly deny these claims. The speculations began to surface this week, originating from obscure social media accounts. One user even suggested that a bug in a proof-of-reserves graph from Arkham Intelligence may have triggered the rumors.
The recent decision by the First District Court of Appeals in Florida to nullify an Emergency Suspension Order (ESO) issued by the Office of Financial Regulation against Binance.US has sparked discussions in the cryptocurrency community. Earlier this year, Florida’s regulator had banned Binance.US from serving its residents, citing immediate danger to the public as the
