Crypto Exchange

Robinhood shares reach a five year high as crypto rallies?

Nearly four years after its initial public offering, Robinhood’s shares finally climbed to an all-time high, closing at $71.72 after a 5.5% surge. This milestone reflects broader market trends, a renewed interest in cryptocurrencies, and strategic business moves. The remarkable…

Crypto Exchange

Will Thailand block bybit and OKX trading on June 28?

Thailand’s financial regulators have moved to block five cryptocurrency exchanges from operating in the country. This action follows updates to local laws focused on technology crime prevention. The affected platforms include Bybit, OKX, CoinEx, XT.COM, and 1000X. Authorities say the…

Crypto Exchange

Coinbase faces 400 million cost after 69K user data breach?

On 15 May 2025 Coinbase, the largest U.S. cryptocurrency exchange, disclosed the most costly security failure in its 12-year history: personal data belonging to at least 69,461 customers had been siphoned out through its own offshore help-desk pipeline. Criminals who…

Crypto Exchange

Binance ends two year SEC case with joint dismissal filing?

Binance and the U.S. Securities and Exchange Commission have agreed to dismiss a legal case that started in mid-2023. The lawsuit focused on alleged securities violations, including offering unregistered products and allowing U.S. users on an offshore platform. After months…

Crypto Exchange

Will Coinbase profit from $2.9 billion Deribit deal?

Coinbase announced the $2.9 billion acquisition of Deribit, a Netherlands-based crypto derivatives exchange, marking a significant move to expand its presence beyond the U.S. market. Deribit specializes in options and futures tied to cryptocurrencies like Bitcoin and Ethereum and has…

Crypto Exchange

OKX suspends DEX aggregator after reports of $100 million laundering

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…

Crypto Exchange

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…

Crypto Exchange

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…

Crypto Exchange

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…

Crypto Exchange

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,…