Bithumb, the second-largest cryptocurrency exchange in South Korea, is setting its sights on a public listing in the United States, a significant development in the landscape of cryptocurrency trading. During a shareholders meeting on September 30, Bithumb disclosed its aspiration to list on the Nasdaq, targeting the latter half of 2025 for its Initial Public
Exchanges
In a bold move to bolster the growth of the synthetic dollar, USDe, Ethena Labs has put forth an intriguing proposal for a decentralized exchange (DEX) named Ethereal. This initiative, spearheaded by community member Fells0x, is currently under consideration by the Ethena community. The launch of Ethereal aims not merely at enhancing transaction capabilities but
The cryptocurrency sector has faced tumultuous upheaval, with the collapse of FTX serving as a stark warning about the perils of unregulated finance. Caroline Ellison, the ex-CEO of Alameda Research, has recently stepped into the spotlight following her sentencing for her involvement in this catastrophe. As a close associate of Sam Bankman-Fried (SBF), the founder
In July, WazirX, one of India’s prominent cryptocurrency exchanges, experienced a staggering hack that resulted in the theft of approximately $230 million worth of assets. This incident sent shockwaves throughout the crypto community, leaving users anxious and confused about the future of their investments. As the fallout from the breach unfolded, WazirX found itself grappling
In recent years, the cryptocurrency market has burgeoned, granting investors and traders a plethora of options. Yet, with this growth comes the challenge of selecting an appropriate platform for buying and selling digital currencies. One key aspect that can significantly impact a trader’s experience is their choice of exchange. This guide explores the critical factors
The cryptocurrency landscape is a dynamic and often unpredictable arena, with various countries showcasing differing levels of adoption and activity. Notably, the United Arab Emirates (UAE) stands out as a remarkable exception with its consistent growth across all transaction sizes. A recent report from Chainalysis underscores this notion, highlighting how the UAE has garnered over
In July, WazirX, one of India’s prominent cryptocurrency exchanges, fell victim to a staggering hack that resulted in the theft of $230 million. Recent analysis from Arkham Intelligence reveals that the hacker has made substantial progress in laundering the stolen funds, with approximately $6 million in Ethereum (ETH) remaining. This incident has raised significant alarms
The financial industry is witnessing a transformative shift as traditional institutions begin to embrace digital assets. In a notable development, BNY Mellon, one of the oldest financial institutions in the United States, is making substantial inroads into the crypto custody market. With a recent exemption from the Securities and Exchange Commission (SEC), BNY Mellon is
Binance, one of the world’s leading cryptocurrency exchanges, has achieved an extraordinary milestone by processing over $100 trillion in trades since its inception in 2017. This landmark figure was announced by Binance CEO Richard Teng via a post on the X platform on September 24. This staggering amount illustrates not only the platform’s growth but
In an innovative move, cryptocurrency exchange Bybit has unveiled an Islamic crypto account aimed specifically at Muslim users, as announced in a statement on September 24. This initiative is designed to align with Islamic financial principles, making it the first of its kind in the crypto market. CEO Ben Zhou highlighted this development on social
