adminBitMEX taps Zodia Custody for off-exchange collateral trading
In recent developments, bitMEX has partnered with Zodia Custody to enable institutional crypto derivatives trading via off-exchange collateral held in segregated custody. Looking closer, market participants highlight key drivers such…
RaveDAO’s RAVE token collapses 90% in a day as exchange probes widen
In recent developments, the token traded at $1.15 on Sunday, down from a $27.33 peak on Friday, wiping out more than $5 billion in market cap as investigations into Binance…
Alibaba AI Model Puts XRP Price Between $7 And $42 By Year-End
In recent developments, an artificial intelligence model developed by Alibaba has projected that XRP could surpass $7 this year, with an upper estimate reaching as high as $42 — a…
This Pattern Suggests Ethereum Is In Accumulation Phase — What’s Next?
In recent developments, the price of Ethereum has somewhat slowed down over the weekend after a breakdown of negotiations between the United States and Iran. However, the latest on-chain data…
Exchange Inflows Spike as Bitcoin Faces $76K Headwinds
In recent developments, on-chain data show increased selling pressure, with Bitcoin exchange inflows and large-holder deposits spiking to multi-month highs. Looking closer, market participants highlight key drivers such as liquidity…
Russian Crypto Exchange Grinex Halts Trading, Alleging $13M Exploit by ‘Weste…
In recent developments, russian crypto exchange Grinex paused trading services after a $13 million exploit it says was conducted by “foreign special services.” Looking closer, market participants highlight key drivers…
Kraken Parent Payward Agrees to Acquire Derivatives Exchange Bitnomial for $5…
In recent developments, the acquisition will give Kraken access to complete CFTC-licensed crypto derivatives infrastructure in the U.S. The development has drawn attention from traders and analysts who are evaluating…
Kraken’s parent company to acquire CFTC-regulated exchange Bitnomial
In recent developments, payward, the parent company of the Kraken crypto exchange, cited Bitnomial’s regulatory licenses as the primary driver for the acquisition. Looking closer, market participants highlight key drivers…
Sanctioned Exchange Grinex Hit by $13.7M Hack; Blames Foreign Intelligence Se…
In recent developments, the sanctioned crypto-ruble exchange Grinex has suspended all operations following a high-level cyberattack that resulted in the theft of over $13.74 million worth of tether stablecoins. Key…
At least a dozen crypto entities attacked since Drift Protocol hack
In recent developments, rhea Finance and the Russia-linked Grinex exchange were hacked for a combined $21 million over the past two days. The development has drawn attention from traders and…