The Commodity Futures Trading Commission (CFTC) of the United States is advising lawmakers to grant regulators the authority to examine the books of any firm seeking to acquire a significant interest in any registered market player. Commissioner Kristin Johnson has proposed that Congress pass legislation to close the current oversight
The Dutch central bank (DNB) has fined Coinbase, the leading cryptocurrency exchange in the United States, 3.3 million euros ($3.6 million) for failing to get the necessary registration before offering crypto services in the Netherlands. The DNB said that it had considered Coinbase’s prominence as a cryptocurrency exchange and the
This past Wednesday, the Robinhood Exchange’s Twitter account was compromised by hackers. Hacked account promoted fake PancakeSwap decentralized exchange selling crypto tokens and NFTs on Binance Smart Chain in since-deleted tweet. Aside from Twitter, all of Robinhood’s other social accounts were hacked as well. Internet detective ZackXBT provided a scan
Another member of the Digital Currency Group (DCG) has announced layoffs, a further indicator of continued market instability that started with the Genesis bankruptcy. The Luno exchange announced the termination of almost 35% of its worldwide workforce, citing market volatility as the reason for the cuts. Consensys, the firm behind
Bybit, one of the most well-known cryptocurrency exchanges, has come up with a new initiative for its investors. According to the latest announcement from the trading platform, it has introduced a new feature called, Unified Trading Account (UTA), a flexible all-in-one account option that provides multiple benefits for Bybit customers.
A representative for Gemini, a cryptocurrency exchange, confirmed on Monday that the company will be laying off 10% of its workforce. Gemini, which was co-founded by the Winklevoss twins, is subject to New York banking regulations. And has had to make at least three rounds of layoffs in less than
Coinbase will soon add three new tokens to the listing roadmap for their cryptocurrency exchange. The exchange’s main intent of serving as a bridge to Web3 has been accompanied by this announcement. Three further altcoins have been added to the crypto exchange’s catalog of tradable items. The recently introduced cryptocurrencies
The largest cryptocurrency exchange in the world, Binance, stated over the weekend that its fiat partner Signature Bank will no longer be processing transactions for amounts less than $100,000. The bank’s move comes as it seeks to reduce its exposure to the cryptocurrency sector. The recent market instability after the
In 2023, Binance Charity, the company’s charity arm, plans to provide 30k scholarships. To deserving students who are interested in pursuing careers in the Web3 industry. In a blog post dated January 20th. Binance Charity revealed that the Binance Charity Scholar Program (BCSP) will provide free Web3 education. And training
Surprisingly, the blockchain showed a transaction from Justin Sun’s Tron DAO. A Tron DAO wallet sent $180M to the Binance exchange a few hours ago. Given the timeframe, the market impact might occur soon. Users have speculated about the possibility of forthcoming purchasing activity on the market despite the fact
