Earnings
Coinbase saw 66% decline in transaction revenue in 2022 but remained “resilient”
Coinbase saw its total trading volume for 2022 decline by 50% year-over-year.
Mike Dalton 2 min read
Exchanges News
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Exchanges
Binance takes over 98% of all Bitcoin spot trading volume
Spot trading of Bitcoin on Binance has grown 5% since Jan. 2023, adding to the centralized exchange's dominance.
Exchanges
OKX Proof of Reserves report shows $8.6B in clean assets
Nansen dashboard shows OKX $8.6 billion reserves include $485.3 million in BTC, $338.2 million in ETH, and $199.9 million in USDT.
Regulation
Kraken and Custodia Bank CEOs say regulators ignored their warnings about scams and fraud
Jesse Powell and Caitlin Long said that trying to do the right thing by warning regulators of possible scams blew up in their faces.
Trading
Rumors swirl around $100k/hr front running on Binance listings
One trader made over $100,000 exiting less than an hour after GNS listed on Binance.
Exchanges
Bankrupt Voyager transfers 250 billion Shiba Inu to Coinbase
The transfer comes as Voyager Digital has submitted a plan for customers to retrieve their assets through Binance US
Exchanges
Gemini will be qualified custodian under proposed SEC rules
Gemini Trust Company has been considered a qualified custodian under the NY Banking Law since 2015, according to Tyler Winklevoss.
