Exchange News

Hyperliquid Achieves World’s Highest Revenue Per Employee At $1.13B Annual Revenue With 11 Employees

Hyperliquid, a decentralized cryptocurrency exchange focused on order book-based leveraged perpetual contracts, has established a new international gauntlet for revenue efficiency.  The exchange is earning...

Illinois Governor Approves New Crypto Oversight Laws Aimed At Regulating Exchanges And ATMs

On Monday, the 18th of August, two bills were passed by Illinois Governor Pritzker. These two bills covered the Digital Assets and Consumer Protection...

Binance Announces Hosting Of Plume Network HODLer Airdrop Ahead Of Listing, $PLUME Jumps By 17%

In a recent development, Binance revealed Plume (PLUME) is the 32nd project on its popular new HODLer Airdrops, officially introducing Plume to the crypto...

Crypto.com Announces Strategic Partnership With VeChain To Enhance Secure Custody Support For Native Assets

On August 18, Crypto.com confirmed a partnership with the developers of VeChain, which aims to leverage secure custody support for VeChain’s native tokens, VET...

UK Crypto Exchange Lykke Shut After £17M Crypto Theft Linked To North Korea Hackers

North Korea-linked hackers are accused of stealing £17m in cryptocurrency from Lykke, a trading platform registered in the UK. The theft occurred last year...

Digital Currency Group Sues Genesis Units Over $1.1B Note Tied To 3AC Fallout

Digital Currency Group, the parent of several crypto firms, filed a complaint on Thursday in the US Bankruptcy Court for the Southern District of...

Gemini Files S-1 To Go Public As GEMI; Posts $282.5M H1 Loss, Reveals $75M Ripple Credit

Gemini, the crypto exchange founded by twins Cameron and Tyler Winklevoss, published an S-1 filing, on Friday, August 15th, that lays out plans to...

GMX Completes $44M Compensation For GLP Holders Impacted By V1 Exploit

GMX has officially finished its $44 million compensation program for GMX Liquidity Provider (GLP) holders on the Arbitrum network who were affected by the...

Coinbase Suffers $300,000 Loss To MEV Bot Following Interaction With 0x “Swapper” Contract

Earlier today, on 14th August, Coinbase suffered a $300,000 loss in accumulated token fees after a misconfigured interaction with the 0x Project’s “swapper” contract...

Dunamu and MB Bank to Set Up Vietnam’s First Domestic Digital Asset Exchange

Dunamu, the firm behind South Korea’s Upbit, and Vietnam’s state-linked Military Bank signed a deal on Tuesday,, August 14, to create the country’s first...
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Greenidge, N.Y. Bitcoin-Mining Site Catches Fire, Operations Temporarily Halted After Electrical Switchgear Failure

A major US Bitcoin miner, Greenidge Generation Holdings, reported...

China’s Social Media Platforms And Marketplaces Get Flooded With Crypto Recruitment Links That Target Young Users

Social platforms popular with younger users, including Xiaohongshu, Taobao,...

Terminal Finance Discontinues Terminal Project After Converge Chain Fails To Launch

Terminal Finance said on X(Twitter) it won't be launching...

Kalshi Faces Class Action Lawsuit Over Alleged Unlicensed Sports Betting And Deceptive Practices

A group of clients has sued Kalshi Inc., alleging...