In the ever-evolving landscape of cryptocurrency, XRP has recently emerged as a standout performer among its peers on US exchanges, outpacing traditional heavyweights. According to a recent report by Kaiko, trading volumes for XRP have seen an unprecedented rise since November, establishing it as an essential player in the digital asset market. This elevation in
Exchanges
In the ever-evolving world of cryptocurrency, few names are as prominent as Binance and its founder, Changpeng ‘CZ’ Zhao. Recently, speculation surrounding the exchange’s ownership structure has sparked significant interest across the crypto community. CZ directly confronted these rumors, asserting that Binance is not in the process of being sold, but hinted that there might
Coinbase has wrapped up 2024 with remarkable financial achievements, reporting an astounding $2.3 billion in revenue for the fourth quarter. This figure not only surpassed market expectations, which were set at $1.87 billion, but also represented a staggering 88% increase from the previous quarter. The company, led by CEO Brian Armstrong, witnessed a dramatic 172%
In the rapidly evolving landscape of digital finance, Robinhood’s recent report on its fourth-quarter performance indicates a significant rebound in cryptocurrency trading. The platform experienced a staggering 400% increase in crypto trading volume, soaring to an impressive $70 billion compared to the previous quarter. This surge can largely be attributed to a renewed excitement among
In the world of cryptocurrency, the dynamics of trading have remained as fluctuating as the digital assets themselves. According to a recent report by CoinGecko, centralized exchanges reported a cumulative trading volume of $18.83 trillion in 2024. This significant figure indicates a spirited recovery from the declines seen in recent years, as the market continues
In a noteworthy development in the ongoing legal saga between the U.S. Securities and Exchange Commission (SEC) and Binance, both parties have jointly filed for a 60-day suspension of their lawsuit as of February 10. This collaborative request underscores a significant turn in the SEC’s strategy following the establishment of a specialized crypto task force
Recent developments in the cryptocurrency sector signal an intensified interest in public listings, highlighted by Gemini’s exploration of an initial public offering (IPO) as reported by Bloomberg News. This strategic move appears to be part of a broader trend within the cryptocurrency exchange ecosystem, with several firms considering going public in the coming years. Analysts
The cryptocurrency landscape is often tumultuous, but WazirX’s recent predicament highlights an alarming vulnerability within the realm of digital exchanges. Creditors of WazirX are presently faced with a pivotal decision: to endorse a restructuring plan that may lead to potential compensation for their losses by April 2025 or to brace for a drawn-out liquidation that
The fall of FTX has indelibly marked the cryptocurrency landscape, leaving a wake of financial ruin and legal chaos. As the platform, once heralded as a titan within the digital asset realm, entered bankruptcy in late 2022, its subsequent unraveling has raised questions not just about the platform itself but about the broader implications for
Recent investigations by on-chain analyst ZachXBT have unveiled alarming statistics regarding the purloining of funds from Coinbase users, with annual losses exceeding $300 million attributed to social engineering scams. This issue predominantly affects a user base that has increasingly reported sudden account restrictions and security breaches over recent months. The significant volume of complaints coupled
