For the first time in two years, the regulated Chicago Mercantile market (CME) surpassed Binance as the largest bitcoin (BTC) futures market on Thursday. According to CoinGlass statistics, CME has a higher market share than any other futures and perpetual futures exchange at 24.7%, with an open interest (OI) of
FTT, the token of bankrupt crypto exchange FTX, soared over 72% after SEC head Gary Gensler’s statements signaling his openness to a resurrection of the exchange “within the law.” Gensler’s remarks come after rumors that three buyers are approaching FTX, including ex NYSE president Tom Farley’s crypto exchange Bullish. None
According to a November 8 announcement, the cryptocurrency trading platform OPNX has been granted a virtual asset service provider license (VASP) in Lithuania, enabling it to provide spot cryptocurrency trading services within the European Union. We're excited to announce our latest regulatory milestone in Europe! OPNX has obtained the Virtual
Coinbase, a prominent cryptocurrency exchange, has been blocked in the Republic of Kazakhstan, according to the Ministry of Culture and Information. According to a report in the country’s domestic media, this comes as the Kazakh government adopts a harsh regulatory posture against the cryptocurrency industry, citing the sector’s infringement of
The insolvent cryptocurrency exchange FTX petitioned in court last Friday, November 3, to sell off crucial Trust funds worth a total of $744 million. Some of the funds are held by custodial service provider Bitwise and cryptocurrency asset management Grayscale, as shown by the filing. One Bitwise trust is holding
The U.S Supreme Court has agreed to hear an appeal in a case between Coinbase and its customers, with the primary issue before the court being whether a judge or an arbitrator should determine whose contract controls disputes. Bloomberg claims that the parties’ competing contracts—one of which favors arbitration, and
In the most recent CCData Crypto Exchange Benchmark Report, Bybit—the third-most visited cryptocurrency exchange globally—has received an ‘AA’ grade. As the only centralized exchange to get a “AA” in both categories, Bybit received the highest grades in both spot and derivatives trading. A vital instrument for evaluating the effectiveness and risk management
The cryptocurrency wallet Backpack has been granted a Virtual Asset Service Provider (VASP) license by the Dubai Virtual Assets Regulatory Authority (VARA), leading to the introduction of the Backpack Exchange. Backpack is only able to provide cryptocurrency exchange services in Dubai under its VARA license; it is not able to
On October 31st, defunct FTX and Alameda Research reportedly moved assets valued at $27.2 million, as shown by data presented by Lookonchain, a data analytics platform. The majority, $17.93M, was held in RNDR, followed by $4.7M in SOL, $2M in ETH, and $1.18M in MKR. More than $1.12 million worth
A portfolio manager feature was added to the decentralized cryptocurrency exchange PancakeSwap on October 30. Bril Finance, a DeFi protocol, collaborated with it to implement this functionality. Tokens may now be deposited into single-asset vaults on PancakeSwap via the user interface. Tokens are placed into an algorithm for providing liquidity,
