OKX, has temporarily suspended its DEX aggregator service following concerns about its use in laundering funds from a massive cyber heist. The move comes after discussions with regulators and highlights the increasing scrutiny on decentralized finance (DeFi) platforms. Why Did…
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Is Gemini Expanding in Europe with New Leadership Moves?
Gemini, a cryptocurrency exchange established by Cameron and Tyler Winklevoss, has been focusing on its expansion into the European market. Recent developments include several strategic leadership appointments and efforts to align with the European Union’s new regulatory framework for digital…
Did Backpack Buy FTX EU to Expand Crypto Trading in Europe?
Backpack, a crypto trading platform with roots in the crypto industry’s former giants, has made significant strides by acquiring the European operations of FTX. This strategic acquisition, worth $32.7 million, positions Backpack to expand its derivatives offerings within the European…
Will Robinhood 2025 Growth Plan Succeed in Asia?
Robinhood Markets Inc. has announced plans to expand into Asia, with its regional headquarters to be based in Singapore. Following its entry into the UK earlier this year, the company continues to introduce its services to new markets. CEO Vlad…
Robinhood to Buy TradePMR for $300 Million in Wealth Push
Robinhood Markets Inc., is making significant strides in expanding its reach. The acquisition of TradePMR, a custodial and portfolio management platform tailored for registered investment advisors (RIAs), is a pivotal step in Robinhood’s journey to attract wealthier investors. The deal,…
Is CZ Ready to Step Away from Binance and Focus on New Ventures?
Changpeng Zhao, known globally by the nickname “CZ,” has been a defining figure in the cryptocurrency industry since he founded Binance, one of the world’s largest crypto exchanges. From its inception, Binance quickly rose to prominence under CZ’s leadership, offering…
Robinhood Adds Solana, XRP, Cardano and Pepe : Hits ATH
Retail brokerage Robinhood Markets Inc. is expanding its offerings in the cryptocurrency space, allowing US users to trade popular digital assets including Solana, Cardano, XRP, and Pepe. This new addition to Robinhood’s cryptocurrency lineup comes as investor optimism grows, spurred…
Why Coinbase is Launching the COIN50 Crypto Index Tool?
Coinbase is introducing a new index tool, the Coinbase 50 Index or Coin50, which functions similarly to the S&P 500 for stocks. This index provides a broad view of the crypto market by including the top 50 digital assets, each…
Visa, Coinbase Allow Instant Crypto Access with Debit Cards?
Visa Inc. customers with eligible debit cards now have an efficient way to connect with their Coinbase Global Inc. accounts, enabling swift and convenient transfers. This partnership marks a significant enhancement in the global landscape of digital transactions, providing crypto…
Hong Kong’s SFC plans to finalize digital asset exchange licenses by year-end, boosting …..
Hong Kong’s digital asset landscape is entering a pivotal moment as authorities intensify their efforts to shape a regulated environment for digital-asset exchanges. After several months of inspections and feedback sessions, Hong Kong Securities and Futures Commission (SFC) is set…