Binance has formally requested the dismissal of a $1.76 billion lawsuit filed by the FTX bankruptcy estate, calling the case legally flawed and an attempt to deflect responsibility from FTX’s internal mismanagement and fraud. Filed in Delaware court, Binance’s motion argues that the now-defunct exchange is wrongly attributing its collapse
May 20, 2025 2 mins read
South Korea’s second-largest crypto exchange, Bithumb, is staging an aggressive comeback. After years of struggle and losing ground to rivals, Bithumb now commands 25% of South Korea’s cryptocurrency trading volume, a significant leap from its single-digit share in 2023. The resurgence comes just ahead of its planned $1 billion IPO
May 20, 2025 2 mins read
At the recent SEC Speaks event, US SEC Commissioner Hester Peirce, also known as the Crypto Mom, made a bold and clarifying statement: most crypto assets should not be considered securities. Peirce, who leads the agency’s Crypto Task Force, stressed that regulatory clarity is essential as the crypto space continues
May 20, 2025 2 mins read
As cryptocurrency continues to penetrate mainstream finance, its prominent figures are facing new and more dangerous risks like kidnapping, extortion, and targeted physical threats. In response, major crypto firms like Coinbase, Circle, and Robinhood have begun investing heavily in personal security, especially for their top executives. In 2024, Coinbase allocated
May 19, 2025 2 mins read
XRP is trading sideways as the cryptocurrency market turns its focus to an anticipated catalyst: the launch of regulated XRP futures on the Chicago Mercantile Exchange (CME) on Monday, May 19, 2025. While the token’s price has remained relatively flat, hovering around $2.37, market activity tells a different story. Volume
May 19, 2025 3 mins read
In a major signal of growing institutional trust in digital assets, BlackRock has purchased $8.65 million worth of Ethereum (ETH) through Coinbase, according to a tweet by Crypto Rover on May 19, 2025. This strategic buy, which took place when ETH was trading at about $3,100, gives Ethereum’s upward run
May 19, 2025 2 mins read
In a world where cyberattacks are becoming increasingly sophisticated, Binance and Kraken have successfully fended off social engineering hack attempts, showcasing their cybersecurity resilience. Such incidents, as covered by Bloomberg, were phishing in nature, similar to the recent hacking at Coinbase. But due to active protection and swift internal action,
May 17, 2025 3 mins read
Recent incidents involving Movement Labs’ MOVE token and Mantra’s OM token have upset the crypto market-making world. Because of these high-visibility collapses, alleged involving private trading by team members, hidden unlocks of tokens and quiet selling on the secondary market, the industry is seriously reconsidering how it handles liquidity. The
May 17, 2025 3 mins read
In a significant move toward expanding access to regulated cryptocurrency services, Webull Pay has announced a strategic partnership with Coinbase. Beginning in June 2025, Coinbase will be the backend trading, custody, and staking infrastructure provider via its Crypto-as-a-Service (CaaS) platform. Together, this partnership is to revolutionize Webull Pay’s digital finance
May 17, 2025 2 mins read
Solana (SOL), one of the big players among Layer 1 blockchains, with its unrelenting upward journey, made headlines again. Trading at $172.70, SOL gained 2.06% in the last 24 hours as the token dominates the digital asset market. The token now boasts an $89.75 billion market cap, ranking it as
May 16, 2025 3 mins read