Coinbase CEO Brian Armstrong has recently voiced his enthusiasm for the potential leadership of Hester Peirce at the Securities and Exchange Commission (SEC) should President Donald Trump win a second term. Through a social media post on X, Armstrong articulated that Peirce embodies intelligence and professionalism, emphasizing her ability to navigate the often tumultuous political
Exchanges
In July 2024, WazirX found itself at the center of a scandal that shook the cryptocurrency world to its core. This Indian exchange was the target of a significant cyberattack, orchestrated by the notorious Lazarus Group. With a staggering $235 million stolen, this incident exposed vulnerabilities that many believed centralized exchanges had long since addressed.
As the cryptocurrency landscape continues to evolve, few players are demonstrating the ambition and foresight that Crypto.com is showcasing for 2025. Based in Singapore, this burgeoning exchange has already made a name for itself by surpassing industry giants like Coinbase in trading volume, and it is now setting its sights on a more expansive financial
The FTX exchange, once a titan in the cryptocurrency sphere, is embroiled in a legal struggle as it pursues Ryan Salame, the former co-CEO of its Bahamian branch. A recent court filing, dated November 4, reveals that FTX aims to reclaim an astounding $98.8 million in cash and cryptocurrency. The lawsuit not only seeks recovery
The saga of Mt. Gox, once the largest cryptocurrency exchange that succumbed to a catastrophic hack in 2014, continues to unfold with significant implications for the crypto landscape. Recent transactions indicate that the exchange has moved over $2 billion worth of Bitcoin, effectively revitalizing interest and concern regarding the handling of its remaining assets. According
The cryptocurrency landscape is often mired in debates about transparency, fairness, and ethical practices – a reality recently illustrated by a dispute between prominent figures in the industry. Justin Sun, the founder of the Tron Network, and Andre Cronje, co-founder of Sonic Labs, have fundamentally challenged Brian Armstrong’s assertion that Coinbase does not levy fees
On October 31, the crypto exchange M2, based in the United Arab Emirates, experienced a harrowing security breach that culminated in the loss of approximately $13.7 million in various digital assets. The incident was officially disclosed on November 1, detailing that the attack transpired at around 3:16 A.M., despite prompt actions taken by the M2
In a pointed critique, Coinbase’s CEO Brian Armstrong has urged the next Chair of the U.S. Securities and Exchange Commission (SEC) to rethink the ongoing legal challenges against cryptocurrency firms, branding many of these actions as “frivolous.” His remarks were delivered via an October 29 post on X, wherein he expressed a deep concern regarding
In the dynamic realm of cryptocurrency, the performance of newly listed tokens is a critical indicator of market trends and exchange strategies. A recent analysis conducted by Animoca Research revealed that tokens introduced across five prominent exchanges, namely Binance, Bitget, Bybit, KuCoin, and OKX, demonstrated severe negative median performances, ranging from 40% to 70%, during
Gemini, the cryptocurrency exchange founded by the Winklevoss twins, has recently announced that it has garnered in-principle approval from the Monetary Authority of Singapore (MAS) to deliver cross-border money transfer and digital payment token services. This development not only boosts Gemini’s status in the Asia-Pacific (APAC) region but also illustrates the ongoing evolution of the
