CeFi
Centralized Finance, financial firms with centralized teams, closed entities and custodied funds, which transact with digital assets and offer services to the blockchain industry.
Top Stories
BitMEX, Hayes Sued Over 623 BTC Liquidation Claims as Exchange Winds Down
A proposed class action landed in New York federal court the same day BitMEX announced it will close on Sept. 23, reviving allegations the exchange pocketed customer collateral.good job I as
BitMEX to Shut Down Exchange on Sept. 23, Urges Withdrawals
Owner HDR Global Trading blamed a strategic review; users have until an Aug. 26 risk-limit cutover before positions get force-closed.
Recent articles
BitMEX, Hayes Sued Over 623 BTC Liquidation Claims as Exchange Winds Down
A proposed class action landed in New York federal court the same day BitMEX announced it will close on Sept. 23, reviving allegations the exchange pocketed customer collateral.good job I as
BitMEX to Shut Down Exchange on Sept. 23, Urges Withdrawals
Owner HDR Global Trading blamed a strategic review; users have until an Aug. 26 risk-limit cutover before positions get force-closed.
Strategy Sells $263.5M in MSTR Shares, Skips Bitcoin Again
The bitcoin treasury company lifted its cash reserve to a $3.225 billion as its 843,775 BTC stack sits about $9 billion underwater.
OKX Launches Tokenized US Stocks on Shared Order Book
The exchange routes every issuer's version of a stock into one market backed by Backed Assets' xStocks, and bars US and EU traders.
Coinbase Matches Robinhood's 7% Yield With a Different Design
Robinhood pays only the gap between organic yield and a 7% target for a year; Coinbase pays market rate plus token rewards with no ceiling and no end date.
Circle Wins Final OCC Approval for National Trust Bank
The stablecoin issuer received a charter for First National Digital Currency Bank, allowing it to custody digital assets and, eventually, hold USDC reserves under direct federal supervision. Shares rose more than 10%.
Strike Launches Bitcoin Loans With No Price Liquidations
Strike, the bitcoin financial services firm run by CEO Jack Mallers, launched a bitcoin-backed loan product on July 7 that removes price-triggered liquidations for the life of the loan, according to Strike's own FAQ. The product, called "volatility-proof loans," strips out the 65% LTV warning, 70%…
AscendEX Halts Operations, Freezes Automated Withdrawals
Crypto exchange AscendEX ceased operations effective July 1, 2026, and moved all withdrawal requests to manual review starting July 6, according to a notice posted on its website addressed to retail account holders.
Tether's Former CIO Heathcote Plans to Sell Equity Stake
Richard Heathcote, who until earlier this year served as Tether Holdings SA's chief investment officer, is planning to sell a small stake in the stablecoin issuer, Bloomberg reported Monday, citing people familiar with the matter. Heathcote is working with investment bank PJT Partners to sell part…
Strategy Sells 3,588 Bitcoin for $216M to Fund Dividend Payments
Strategy sold 3,588 Bitcoin for $216 million to cover dividends on its Digital Credit securities, the company said in a post on its official X account Monday. The firm now holds 843,775 BTC in its BTC Reserves and $2.55 billion in its USD Reserves, as of July 5, 2026. The sale is the largest…