Exchanges

The recent announcement from CME Group regarding its fourth-quarter trading volumes has sent ripples through the financial landscape. The derivatives exchange experienced an extraordinary spike in crypto trading activity, achieving an astounding average daily trading volume of about $10 billion in crypto futures and options. This figure marks a staggering increase of over 300% compared
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The world of cryptocurrency has witnessed remarkable fluctuations since its inception, with trading volumes serving as key indicators of market health and investor interest. According to a recent report by CoinGecko, centralized exchange trading volumes surged to $18.83 trillion in 2024, marking a significant rebound from the preceding years. This rise is noteworthy not only
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Gemini, the well-known cryptocurrency exchange founded by the Winklevoss twins, is reportedly contemplating an initial public offering (IPO) within the current year. This strategic move comes at a time when the landscape for cryptocurrency firms is evolving rapidly, with market participants cautiously optimistic due to potential regulatory easing. According to sources cited by Bloomberg News,
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As WazirX, once lauded as India’s premier cryptocurrency exchange, faces the repercussions of a notorious hack and subsequent financial turmoil, creditors are poised to make landmark decisions that could dictate the platform’s future. The Singapore High Court has opened the door for WazirX to explore restructuring options, giving stakeholders an opportunity to either opt for
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The saga of FTX, once one of the leading cryptocurrency exchanges globally, has been a rollercoaster ride filled with scandal, financial mismanagement, and tremendous fallout for an array of stakeholders. As the company moves through its bankruptcy process, a pivotal moment is approaching: the planned distribution of funds to small creditors scheduled for February 18.
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In a significant move to solidify its presence in the European financial landscape, Kraken has obtained a Markets in Financial Instruments Directive (MiFID) license, enabling it to offer regulated derivatives in the EU. This license was achieved through the acquisition of a Cypriot investment firm and received approval from the Cyprus Securities and Exchange Commission
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In an alarming analysis of cryptocurrency scams, on-chain investigator ZachXBT revealed that Coinbase users are losing more than $300 million each year due to social engineering fraud. This extensive loss prompts a critical evaluation of Coinbase’s security mechanisms and customer support services. Cybercriminals have exploited increasing vulnerabilities through sophisticated tactics, leaving unsuspecting users in dire
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