Bankruptcy
OKX sends over $60M in crypto to Alameda’s wallet
Crypto exchange OKX made 16 transactions — which included 10 deposits of $5 million USDT — to the bankrupt firm’s wallet.
Oluwapelumi Adejumo 2 min read
Exchanges News
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Paxful reopening after month-long shutdown
The P2P crypto marketplace will restore market functionality in the coming days.
Exchanges
Coinbase CEO dismisses speculation that exchange plans to relocate from US
Armstrong stated that even though the US is falling behind in crypto regulations, Coinbase will always have a "US presence."
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Coinbase is considering UAE for its international hub
Coinbase CEO Brian Armstrong praised United Arab Emirate's (UAE) progressive regulatory efforts in the crypto space.
Exchanges
Binance says Bitcoin ‘outflows’ are internal wallet movements
Binance’s reported Bitcoin outflows caused concerns among crypto community members who were worried about its balance.
Exchanges
Binance working to enable Bitcoin lightning network
Blockchain analytical firm Glassnode reported that Bitcoin was "experiencing extremely high demand for blockspace."
Regulation
Binance probed by DOJ over potential Russian sanctions violations
The company and its executive have not been charged with wrongdoing.
Exchanges
Binance listing pushes Floki, Pepe up more than 50%
Binance warned that Pepe insiders bought 7% of its total supply, adding that it has no token utility or value support mechanism.
Earnings
Coinbase reports 22% revenue growth, net loss of $79M for Q1; notes lower volatility in Q2
The company commented on its downsizing and said it aims to "do more for less."
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Court asks SEC to reply Coinbase in 10 days
Exchanges
Coinbase users will no longer be able to borrow fiat against Bitcoin
Tokenization
SUI mainnet launches, trades for less than $2
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