The recent statistics reveal a profound change in the Bitcoin landscape: the total supply of Bitcoin held on centralized exchanges has plummeted to a staggering low. As of late April 2025, roughly 2.5 million BTC remain on exchanges—a decrease of half a million from late 2024. This trend isn’t merely a number; it signifies a
Exchanges
The ongoing litigation against Coinbase’s staking program by five U.S. states presents a concerning snapshot of regulatory overreach in the rapidly evolving world of cryptocurrency. While the intent may be to protect consumers, these legal actions stifle innovation and limit opportunities for individual investors. States like California, New Jersey, Maryland, Washington, and Wisconsin seem to
In a striking maneuver that could reshape its operational landscape, Riot Platforms has secured a $100 million credit agreement with Coinbase by leveraging its impressive Bitcoin stash as collateral. This credit facility, structured with a staggered withdrawal over a two-month horizon, aims to bolster the company’s pursuit of aggressive expansion and key corporate initiatives. With
The Alabama Securities Commission’s decision to withdraw its legal action against Coinbase unveils deeper ramifications than merely trimming down the number of active lawsuits from ten to five. This strategic maneuver appears to reflect an evolving landscape of regulatory compliance intertwined with the crypto industry, suggesting that states are recognizing the necessity of adapting to
In a bold move that expands the horizons of cryptocurrency management, Coinbase has recently unveiled its self-service asset recovery tool to encompass lost tokens on the Solana network. This innovation is no small feat in a realm where the stakes of digital transactions are incredibly high, yet mistakes can render one’s assets unretrievable. With this
The alarming revelations surrounding the Bybit hack reveal a troubling reality about the dark underbelly of cryptocurrency. With over $400 million in stolen assets slipping away and marked as untraceable, the incident should act as a wake-up call for both investors and security experts alike. Bybit CEO Ben Zhou’s recent updates emphasize a pressing concern:
Vietnam is on the brink of a transformative approach to cryptocurrency that could shift how its economy interacts with digital assets. The Ministry of Finance, in collaboration with Bybit, is setting the stage to pilot a crypto trading platform designed to encase this volatile market within a regulatory framework. This is not merely an administrative
In a shocking revelation discussed on the latest edition of “The Chopping Block” podcast, it has come to light that the cryptocurrency space is rife with manipulation, particularly surrounding the OM token. Market makers and the Mantra team allegedly devised a scheme to negate genuine liquidity metrics, ultimately distorting the perception of the asset’s value.
In a significant pivot towards a future that prioritizes operational efficiency, Bybit has announced its decision to phase out several Web3 services by the end of May 2025. This development is indicative of a broader trend among cryptocurrency exchanges, where adaptability and innovation are becoming essential in a market characterized by volatility and rapid technological
On April 15, a disruptive outage at Amazon Web Services (AWS) unraveled a troubling reality within the crypto sector: its pervasive reliance on centralized infrastructure. While AWS remains a powerhouse in the cloud services market, serving numerous enterprises, the cascading failures caused by a power interruption at AWS raised serious questions about the industry’s future.