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CeFi

DMM Bitcoin to Shut Down After Devastating Hack
CeFi

DMM Bitcoin to Shut Down After Devastating Hack

In other regional news, South Korea delayed introducing crypto taxes for the third time, while Indonesian crypto trading soars.
SEC Receives Filing For Bitwise 10 Crypto Index ETF
CeFi

SEC Receives Filing For Bitwise 10 Crypto Index ETF

Crypto asset managers are racing to bring new ETPs to market.
Binance Launches Yield-Bearing BFUSD for Futures Trading
CeFi

Binance Launches Yield-Bearing BFUSD for Futures Trading

The company promises the asset’s APY will “never fall below zero.”
Trump’s Media Group Reportedly Eying Bakkt Acquisition
CeFi

Trump’s Media Group Reportedly Eying Bakkt Acquisition

The purchase would mark a significant increase in Trump’s exposure to the crypto industry.
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CeFi

Binance Announces High-Yield BFUSD

The world’s largest crypto exchange is set to launch a high-yield stablecoin.
FTX Sues Binance Over $1.76B Share Repurchase Deal
CeFi

FTX Sues Binance Over $1.76B Share Repurchase Deal

The complaint alleges that FTX customers’ assets were used to fund a share repurchase deal from Binance.
Paxos Launches Yield-Bearing Stablecoin Backed By Industry Heavyweights
CeFi

Paxos Launches Yield-Bearing Stablecoin Backed By Industry Heavyweights

USDG is backed by Anchorage Digital, Bullish, Galaxy Digital, Kraken, Nuvei, Paxos and Robinhood.
Coinbase and Binance Face Backlash Over Alleged Listing Fees
CeFi

Coinbase and Binance Face Backlash Over Alleged Listing Fees

Web3 projects claim that both Binance and Coinbase have requested sizable listing fees.
Coinbase Announces $1 Billion Share Buyback and Q3 Earnings
CeFi

Coinbase Announces $1 Billion Share Buyback and Q3 Earnings

Coinbase’s Q3 revenue rose 81% year-over-year to $1.13 billion but missed the $1.26 billion forecast by analysts.
Coinbase Integrates Support For Visa Direct
CeFi

Coinbase Integrates Support For Visa Direct

The news comes as Coinbase is looking to reclaim USD market share from Crypto.com.