Finance
Kraken Reports 19% Surge in Quarterly Revenue to $472 Million
Kraken's revenue for Q1 2025 reached $472 million, representing a significant year-over-year growth amid a challenging crypto market.
Policy
Russia Introduces Crypto Trading for Qualified Investors
Russia's finance ministry will launch a crypto exchange aimed at highly-qualified investors, according to Finance Minister Anton Siluanov.
Finance
Bithumb Plans Division as It Moves Towards an IPO in South Korea
Bithumb is set to separate its core exchange operations from other activities, preparing for an initial public offering in South Korea.
Altcoins
eXch Cryptocurrency Exchange to Close Amid Bybit Hack Allegations
eXch will end operations on May 1 due to claims of involvement in laundering funds related to a major hack.
Finance
OKX Crypto Exchange Engages Former NY Governor Andrew Cuomo Amid $505 Million Federal Settlement
OKX Crypto Exchange has brought on former New York Governor Andrew Cuomo as a legal consultant during their $505 million settlement with U.S. authorities.
Altcoins
MEXC Freezes 1,500 Accounts Amid Market Manipulation Crackdown
MEXC, a prominent crypto exchange, has frozen 1,500 accounts linked to a significant market manipulation scheme involving large groups of traders.
Finance
Garantex, Russian Crypto Exchange, Rebrands as Grinex After Shutdown, Says Global Ledger
After a rapid shutdown, Garantex has allegedly rebranded as Grinex, with evidence suggesting a direct connection between the two exchanges.
Finance
Mt. Gox Transfers $930M in Bitcoin as Payout Deadline Approaches
Mt. Gox, the collapsed cryptocurrency exchange, has transferred a significant amount of Bitcoin, indicating a possible resumption of payouts to creditors in October.
News
Kraken Set for 2026 IPO Amid Crypto Market Challenges
Kraken plans to launch its IPO in early 2026, capitalizing on favorable market conditions and its recent revenue growth.
Bitcoin
Gemini's CEO Proclaims Bitcoin as the Sole US Reserve-Grade Cryptocurrency
Prominent CEOs of crypto exchanges assert Bitcoin's unique position as America's designated reserve asset amidst proposals including additional cryptocurrencies.
Crypto
EDX Markets Expands Offerings with Addition of 17 New Cryptocurrencies
The EDX Markets exchange is increasing its range of cryptocurrencies, signaling a more accommodating regulatory environment in the U.S.
Finance
Blockchain.com Moves Toward IPO with Executive Changes
The cryptocurrency company is appointing new executives as it prepares for a possible initial public offering amid rising institutional interest.
Market Analysis
South Korea's Crypto Exchange Landscape Shrinks by 26% This Week
A stark decline in the number of operational crypto exchanges in South Korea highlights the impact of strict regulatory policies on the market.
Finance
Crypto.com President Discusses Ambitious Global Strategy
Crypto.com reveals its significant plans for expansion in the EU, U.S., and Asia, along with an updated focus on sports partnerships.
Finance
Phemex Exchange Probes Possible Hack After $29 Million Theft
Singapore's Phemex is investigating reports of a significant hack affecting its hot wallet, where $29 million worth of cryptocurrency was reportedly drained.
Finance
Smart Valor Undergoes Strategic Review Potentially Leading to Company Sale
Smart Valor is evaluating the possibility of selling its business or parts of it, with bids due by January 24.
Policy
Potential Sanctions Loom for Upbit, South Korea’s Leading Cryptocurrency Exchange
Upbit may be faced with sanctions from South Korean regulators due to breaches in money laundering compliance.
Finance
North Korea Allegedly Behind $305 Million DMM Crypto Exchange Hack
Authorities in Japan and the U.S. have linked the $305 million theft at DMM exchange to North Korean hackers known for their social engineering tactics.
