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
Coinbase Wins Final OCC Clearance for US Trust Company
The charter brings a federal framework to Coinbase’s custody business, following conditional approval in April. It does not make the exchange a commercial bank.
Uphold Marks Crypto Withdrawal Disruption Resolved
Fiat deposits, withdrawals and trading continued normally while the platform worked around an outage at its transaction-monitoring provider.
Free newsletters
The Defiant Daily
Independent reporting on crypto and DeFi. The stories that matter, in your inbox.
Monday–Friday. Free. Unsubscribe anytime.
Advertisement
Videos
Recent articles
Coinbase Wins Final OCC Clearance for US Trust Company
The charter brings a federal framework to Coinbase’s custody business, following conditional approval in April. It does not make the exchange a commercial bank.
Uphold Marks Crypto Withdrawal Disruption Resolved
Fiat deposits, withdrawals and trading continued normally while the platform worked around an outage at its transaction-monitoring provider.
BitGo Returns to Profit on Crypto Gains as Revenue Halves
Platform clients rose 33.1% year over year, but revenue after direct costs fell 32.1%.
Upbit to List HYPE With Direct Korean Won Trading
HYPE gained 1.4% in a 35-minute window around the announcement, outpacing bitcoin, as Upbit prepared to open three trading pairs.
MARA Sells 13,597 Bitcoin, Repays $750 Million in Debt
The miner announced a new $500 million stock buyback authorization as two planned data center leases face a possible delay into 2027.
OKX Warns MEXC Users of Deposit Freezes Ahead of FinCEN Cutoff
CEO Star Xu said OKX treats FinCEN special measures with caution 'similar to sanctions' after customers reported USDT deposits held for review.
Binance Names Justin Yek CFO as Kaiser Ng Prepares to Leave
Co-CEO Yi He says a transition plan has been underway for six months, placing the handover's planning before the exchange's $6.34 billion theft.
MEXC Says Withdrawals Continue as FinCEN Orders US Financial Cutoff
The exchange says it has begun an independent review of its AML and sanctions controls. The US transfer ban takes effect 30 days after Federal Register publication.
Binance Flips to $1.82 Billion in Daily Net Inflows After Withdrawal Restart
Seven-day net outflows remained at $11.832 billion despite the positive daily reading on DefiLlama's exchange dashboard.
Coinbase Opens Deribit-Powered Perpetuals to AI Agents
The global offering requires eligible non-US accounts and derivatives onboarding; trade approvals depend on the connected AI app.