Tag
Crypto Exchange
16 articles
Binance US Seeks $100M at $1B Valuation, Down 78% From 2022 Peak
The exchange pursues fresh capital to restore U.S. operations after years of SEC litigation and banking disruptions, with CEO Stephen Gregory rolling out aggressive fee cuts to rebuild market share.
Bybit Opens U.S. Stock Trading, Adds 600+ TradFi Products
The exchange launches fractional share trading in 1,000+ U.S. stocks and ETFs via USDC, extending its $100 billion CFD business into tokenized assets on Mantle.
MNX Launches AI Futures with $6.4M Backing to Compete With OKX, Bitget
A new crypto exchange backed by Village Global offers dated futures on private AI companies like OpenAI and Anthropic, sidestepping the perpetual-futures trap that has plagued rival platforms.
Bitget Confirms $351.6M Hack as CEO Defends Exchange Fund Safeguards
Bitget CEO Gracy Chen said major exchanges no longer commingle customer funds after the platform paused withdrawals following a $351.6 million security breach on Sept. 24.
CoinEx Shuts Down After 9 Years, Dec. 22 Deadline to Withdraw
The exchange cited rising compliance costs and market downturn as founder Yang Haipo rejected a sale and chose orderly wind-down with full asset backing.
CoinEx Shuts Down, Sets Dec. 22 Withdrawal Deadline During Iran Sanctions Questions
Exchange claims 100+ percent reserve ratio but faces scrutiny after linked $3.84 billion in transfers to Iran-linked entities
WEEX Expands to 2,100 Assets, Launches 'One Account' at TOKEN2049
The exchange adds 330+ traditional finance pairs to its crypto offering as it returns to Singapore for its third consecutive year as a Platinum Sponsor.
BitMart Reverses Shutdown Plan, Targets Sept. 9 Restart Roadmap
The exchange that announced wind-down last month hired White & Case and plans to detail restructuring and creditor payouts by Sept. 9, but faces employee wage claims and founder resistance to reserve disclosure
BitMart Reverses Course, Explores Creditor Payouts 5 Days Before Shutdown Deadline
The crypto exchange announced a restructuring plan and potential phased restart on Friday, abandoning its July 26 exit plan just days before the August 26 trading halt deadline
HTX Probes Address-Poisoning Attack as Binance Cuts Ties Aug. 23
HTX says it did not initiate the small transfers flooding its addresses; Binance halts transactions with the exchange over regulatory concerns.
BitMart Founder Breaks Silence as $69M in User Assets Face Withdrawal Freeze
Sheldon says the core team is working on asset reviews and system maintenance, denying misappropriation as users report blocked withdrawals and staff go unpaid.
BitMart Withdrawals Lag as Exchange Wallets Drop to $69M, BMX Token Down 81.5%
BitMart's publicly known crypto reserves fell 84.7 percent to $69 million after its wind-down announcement, triggering withdrawal delays across the platform.
Mirae Asset Acquires Korbit, Puts $1T TradFi Giant Inside Korea's Crypto Stack
South Korea's Mirae Asset Group, managing over $1 trillion, acquired Korbit, the nation's oldest crypto exchange, in a direct push into digital asset trading and custody.
BitMEX Shuts Down Sept. 23, Closing 11 Years of Crypto Derivatives
The pioneering derivatives platform is directing users to close positions and withdraw funds before the deadline, marking a major consolidation in leveraged trading.
Coinbase Executive: Wall Street Still Lacks Core Crypto Exchange Infrastructure
The exchange maintains its competitive edge, citing institutional and retail user adoption that traditional finance has not replicated
OKX Takes 20% Stake in Coinone to Enter South Korean Market
The investment gives OKX direct access to Korea's regulated crypto market through the country's third-largest exchange