Tagged: crypto exchange

August 9, 2026 @ 4:23 pm By Omar Faridi  |  

Once a dominant force in cryptocurrency derivatives trading, BitMEX has failed to complete a long-running sale process, according to people familiar with the matter. The platform, which pioneered perpetual futures contracts and once commanded a large share of leveraged trading activity, spent roughly two years… Read More

August 4, 2026 @ 3:13 pm By Omar Faridi  |  

A Dubai-based cryptocurrency platform with ties to Iranian interests has been reported to have transferred substantial digital assets to Binance, raising questions about potential efforts to circumvent international financial restrictions. According to a detailed investigation, the unlicensed exchange known as Shelbit, operated by Iranian expatriate… Read More

August 4, 2026 @ 8:20 am By Omar Faridi  |  

South Korea’s cryptocurrency platform Bithumb has outlined a multi-year plan to go public, targeting completion of its initial public offering in 2028. The exchange shared details of this roadmap in an official customer notice on August 3, 2026, emphasizing that the process is designed to… Read More

August 2, 2026 @ 12:02 pm By Omar Faridi  |  

BNB Chain has announced it is taking legal steps against a former employee who allegedly used a wallet originally set up for an educational video to release a new memecoin without any company approval. The blockchain network, linked to the Binance ecosystem, stressed that it… Read More

July 27, 2026 @ 10:40 pm By Omar Faridi  |  

Cryptocurrency exchange BitMart has announced it will begin an orderly wind-down of its trading platform operations. The decision follows a thorough review of the company’s current operating conditions, the broader market environment, and its longer-term strategic priorities. Officials expressed deep regret over the move while… Read More

July 26, 2026 @ 7:18 pm By Omar Faridi  |  

BitMEX and its co-founders are once again facing legal challenges in the United States, this time through a newly filed class-action lawsuit that accuses the crypto derivatives platform of operating a secret internal trading operation against its own customers. The complaint was submitted on July… Read More

July 23, 2026 @ 8:16 am By Omar Faridi  |  

BitMEX has revealed plans to fully cease its exchange activities. The decision, communicated directly to users on July 23, 2026, comes after an internal strategic assessment of the company’s position and the evolving digital asset sector. HDR Global Trading Limited, the entity that owns and… Read More

July 21, 2026 @ 6:46 am By Omar Faridi  |  

On July 20, 2026, the Zilliqa blockchain team disclosed a notable security event affecting one of its centralized exchange collaborators. Tokens of the project’s native cryptocurrency, ZIL, were taken from an offline cold wallet managed by the partner. The project has launched a thorough probe… Read More

July 18, 2026 @ 11:30 am By Omar Faridi  |  

Gate US has formed a key partnership with SoFi (NASDAQ: SOFI), a nationally chartered banking institution. This collaboration positions SoFi as a vital infrastructure partner, enhancing Gate US’s capabilities to deliver secure, efficient, and regulation-compliant financial services to US based users. The partnership underscores Gate US’s… Read More

July 18, 2026 @ 10:17 am By Omar Faridi  |  

The estate of the collapsed crypto exchange FTX is set to release approximately $900 million to eligible claimants in what represents its fifth major wave of repayments. This development, detailed in a recent announcement, highlights the continued progress in addressing obligations stemming from the exchange‘s… Read More

July 10, 2026 @ 8:47 am By Omar Faridi  |  

Coinbase (NASDAQ:COIN) announced a significant leadership transition in its legal department as Chief Legal Officer and Secretary Paul Grewal prepares to leave his executive role at the end of July 2026. Grewal, who joined the cryptocurrency exchange in 2020, has been instrumental in navigating the… Read More

July 10, 2026 @ 8:23 am By Omar Faridi  |  

The Korea Fair Trade Commission (KFTC) on July 9, 2026, approved Mirae Asset Consulting’s plan to acquire a controlling interest in Korbit, one of the country’s established cryptocurrency exchanges. The decision marks the first time a major domestic financial conglomerate will gain direct ownership of… Read More

July 9, 2026 @ 4:36 pm By Omar Faridi  |  

The cryptocurrency exchange AscendEX has officially ceased its platform activities effective July 1, 2026, leaving users without any firm timeline or assurance that their deposited assets will be returned in full or on schedule. In a notice posted to its website on July 6, the… Read More

July 2, 2026 @ 12:18 pm By Omar Faridi  |  

Bullish (NYSE: BLSH), the institutionally focused global digital asset platform, has unveiled its Closing Cross. This represents the first daily call auction dedicated to spot Bitcoin conducted by an NYSE-listed exchange. The new mechanism delivers a single, transparent benchmark price for BTC/USDC each trading day,… Read More

July 1, 2026 @ 10:42 pm By Omar Faridi  |  

A detailed new analysis from CoinGecko examines how major cryptocurrency platforms have moved well beyond digital assets over the past 17 months. The report covers developments from January 2025 through May 2026 and tracks the introduction of real-world assets (RWAs) and traditional finance (TradFi) products—such… Read More

June 30, 2026 @ 9:17 pm By Omar Faridi  |  

South Korean brokerage firm Kiwoom Securities is pursuing an equity investment in Bithumb, the country’s second-largest cryptocurrency exchange by trading volume. The two parties are currently said to be negotiating a deal structured as a third-party private placement of newly issued shares. Under the proposed… Read More

June 30, 2026 @ 8:07 am By Omar Faridi  |  

Bullish (NYSE: BLSH), the Cayman Islands-based institutional digital asset platform, announced it has received approval from the Gibraltar Financial Services Commission (GFSC) to offer trading in tokenized securities. The authorization places Bullish among the earliest regulated venues worldwide permitted to facilitate trading in issuer-sponsored tokenized… Read More

June 30, 2026 @ 12:08 am By Omar Faridi  |  

Binance, which still remains the world’s largest cryptocurrency exchange by trading volume, has informed customers across multiple European Union countries that it will restrict operations starting July 1, 2026. The move follows Binance’s decision to withdraw its application for authorization under the EU’s Markets in… Read More

June 29, 2026 @ 6:36 pm By Omar Faridi  |  

Cryptocurrency derivatives exchange BitMEX has parted ways with several senior leaders in a swift leadership transition made public on June 29, 2026. The company has removed its Chief Executive Officer Stephan Lutz, Chief Financial Officer Ina Steiner, and Head of Growth Raphael Polansky from their… Read More

June 28, 2026 @ 11:11 am By Omar Faridi  |  

Investment firm Multicoin Capital has published a detailed valuation report outlining a bullish base-case scenario for Hyperliquid’s native token, HYPE. The analysis projects that HYPE could reach approximately $319 by 2028, implying roughly five times upside from levels near $63 at the time of the… Read More