Tag: Crypto exchange

US CFTC sues crypto exchange Binance over trading, derivative violations

The US Commodity Futures and Trading Commission (CFTC) on Monday sued leading blockchain and cryptocurrency platform Binance for allegedly breaking trading and derivatives rules, media reports said.

March 28, 2023

Crypto exchange Binance temporarily suspends all spot trading

Leading blockchain and cryptocurrency platform Binance on Friday announced that it has temporarily suspended all spot trading on its platform as it works to resolve an issue.

March 24, 2023

Crypto exchange Coinbase faces cyberattack, employee targeted

Believing that they were speaking to a legitimate Coinbase IT staff member, the employee logged into their workstation and began following the attacker's instructions.

February 21, 2023

Multicoin expects FTX contagion to grip crypto industry for weeks

 Multicoin Capital, a crypto venture firm, has told investors that the collapse of FTX and the price drop across the industry has pushed the fund down 55 per cent this month and that worse is on the way before the market recovers.

November 19, 2022

FTX CEO pocketed $300 mn after big funding raise: Report

Sam Bankman-Fried, CEO of now-bankrupt cryptocurrency exchange FTX, pocketed $300 million after a big funding raise last year, the media reported. According to The Wall Street Journal, the beleaguered crypto exchange secured $420 million in October 2021.

November 19, 2022

Crypto exchange doesn’t see viable business in India, says Binance chief

As cryptocurrency-focused venture capital firms have raced to India over the past two years, Binance CEO Changpeng Zhao has said that the crypto exchange does not see India as a viable business opportunity.

November 18, 2022

Crypto exchange FTX files for bankruptcy, CEO Sam Bankman-Fried resigns

The beleaguered crypto exchange FTX on Friday announced it has filed for Chapter 11 bankruptcy in the US, as its Founder and CEO Sam Bankman-Fried resigned from his role.

November 12, 2022

Coinbase has $15 mn deposits on FTX, now acquired by Binance

Leading cryptocurrency exchange Coinbase has clarified that it only has $15 million worth of deposits on FTX to facilitate business operations and client trades, as it faced a partial outage.

November 9, 2022

Hackers attack on crypto exchange Binance, steal currency worth $100 mn

The Binance Blockchain, also known as BNB Chain, said that a total of 2 million BNB tokens -- worth nearly $568 million -- were initially stolen by the hacker.

October 8, 2022

51% of daily Bitcoin volume on crypto exchanges fake: Report

More than 51 per cent of the total Bitcoin trading volume on various crypto exchanges this year is fake amid volatile global economic conditions, a new report has claimed.

October 6, 2022

Crypto.com accidentally refunds over $7mn to customer instead $68, buys luxury home

  A Singapore based cryptocurrency exchange Crypto.com, in May 2021 mistakenly transferred A$10.5 million (US $7.2 million) rather than the expected A$100 (US $68) to a woman.

September 1, 2022

Crypto exchange Coinbase blocks 25K Russian-linked accounts

The company revealed that it keeps a list of accounts held by sanctioned people outside of Coinbase.

March 8, 2022