Crypto Exchange
Former Bithumb Chairman Acquitted in $100M Fraud Case
Prosecutors in South Korea were seeking an eight-year prison sentence for Lee Jung-Hoon, who was acquitted in the first court hearing.
Bernstein Says Crypto Exchange Binance Not Likely to Fail
The app demonstrated its robustness when about $6 billion of customer funds were withdrawn on Dec. 13, a Bernstein report said.
Crypto Exchange Kraken to End Japan Operations
The company will close shop in the country at the end of January.
Peter Thiel-Backed Crypto Exchange Bullish Calls Off SPAC Deal
Far Peak Acquisition and Bullish agreed to a merger in July 2021.
Crypto Exchange Zipmex to Seek Creditor Support for Recovery Process: Source
The goal is to fully reactivate customer withdrawals once creditors have approved the plan in a vote.
Crypto Exchange Gemini Back Online After Being Down for Over Seven Hours
The crypto exchange had paused withdrawals for its yield product recently.
Binance's CZ Welcomes 'Stress Test' as Exchange Resumes USDC Withdrawals
The world's largest crypto exchange by trading volume has endured a wave a withdrawals amid concerns about reserves. Withdrawals of the stablecoin USDC were paused for several hours but have now resumed.
Binance Withdrawals Surge as Concerns About Its Reserve Report Spook Traders
Binance endured $902 million of net outflows in the past 24 hours, according to data by Nansen.
Mizuho Cuts Crypto Exchange Coinbase to Underperform, Trims Price Target
The bank’s analysis shows that 2023 revenue estimates for the crypto exchange are overly optimistic.
South Korean Court Denies Injunction Against Crypto Exchanges for Delisting Metaverse Token Wemix: Report
The wemix token is trading 90% lower than this time last month after it was delisted by several exchanges.
