According to a recent story published by The Information, Gemini is planning to introduce an international bitcoin derivatives exchange very shortly. According to the article, Gemini has been quietly at work over the past few months in order to get the idea closer to becoming a reality. As part of its efforts, the exchange is … Read more
As regulators ramp up their scrutiny of the cryptocurrency industry, Coinbase is mulling over the possibility of launching a new trading platform in countries outside the United States. American cryptocurrency market leader Coinbase is currently considering its choices concerning the development of a brand-new trading platform for cryptocurrencies. According to a report (1) by Bloomberg, … Read more
With the conclusion of the insolvency proceedings, the story of the FTX exchange, and its sister business Alameda Research is continuing. The most recent turn of events involves the sale of Alameda Research’s stake in Sequoia Capital to the sovereign wealth fund of N Abu Dhabi. A recent document filed in court by the US … Read more
Per the announcement made by Binance, the newly included tokens are as follows: MASK, ENJ, WRX, GRT, CHR, CRV, 1INCH, CVP, HFT, SSV, and DOGE. Binance is not only the platform that handles the most trading volume, but it also possesses a vibrant market comprising hundreds of tokens made available to consumers. Following the failure … Read more
The most recent study published by the Wall Street Journal has once again caused widespread upheaval in the bitcoin industry. As per their sources, Binance, the most significant participant in the business, has been formulating a plan to avoid the possibility of being prosecuted by the relevant authorities in the US. In 2019, the company … Read more
In response to concerns raised by a bank that specializes in digital assets over the long-term viability of the Silvergate Exchange Network (SEN), Silvergate Capital has decided to shut down the Platform. One of the bank’s most popular services is SEN, a platform for making crypto payments. The program allowed investors and cryptocurrency exchanges to … Read more
After delaying its file with the US Securities and Exchange Commission for an extended period, cryptocurrency-focused bank Silvergate Capital (NYSE: SI) has come under intense scrutiny and pressure. Because of the failure of FTX, the bank’s health has worsened more quickly, and there are rumors circulating about the possibility of the bank going bankrupt. MicroStrategy, … Read more
Following the failure of Terra Luna UST and FTX in 2022, there has been a growing chorus of voices in the United States advocating for regulating crypto asset markets. Already, authorities in the United States are investigating the FTX and Alameda case, and key personnel, including former Chief executive Sam Bankman-Fried (SBF) and ex-FTX head … Read more
The cryptocurrency exchange known as Binance has responded to a report published by Forbes that asserts it secretly moved $1.8 billion in customer collateral. As AcyptoAnnals reported earlier, the leading cryptocurrency exchange reportedly shifted the assets that backed stablecoins without telling its consumers of the move. According to the report published by Forbes, Binance shifted … Read more
Yuzo Kano, one of the co-founders of the bitcoin exchange bitFlyer based in Japan, intends to reassess his position as CEO during a stakeholder meeting that will take place the following month. Kano intends to revive the cryptocurrency company and accelerate its expansion in the direction of an initial public offering (IPO) within the next … Read more