Exchanges
SwissBorg’s SOL Earn Wallet Exploited for $41.5M After Partner's API Is Compromised
Roughly 192,600 SOL was drained from a counterparty wallet tied to a SOL Earn product on Swissborg. The crypto exchange committed to making the losses whole.
Crypto Trading Drove Over 90% of eToro’s Second Quarter Revenue
eToro reported $2.09 billion in total revenue in Q2, with cryptoassets contributing $1.91 billion.
Philippines SEC Cracks Down on Unregistered Crypto Exchanges as New Rules Kick In
The agency warned the public against engaging with unregistered crypto firms.
Thai SEC Consults on Rules Allowing Exchanges to Offer Utility Tokens
The regulator is proposing allowing crypto exchanges to issue their own utility tokens.
South Korea Plans Sanctions Against KuCoin, Others: Report
The Financial Intelligence Unit (FIU) classified a number of exchanges who are not registered as targets for sanctions
Boerse Stuttgart’s BX Digital Receives FINMA Approval for Digital Asset Trading
The platform, utilizing Ethereum’s blockchain, aims to streamline transactions for tokenized financial instruments and enhance capital market efficiency.
Binance Bitcoin Reserves Slumped $355M in January as User Balances Rose by $4.4B
The ratio of Binance USDT reserves to user balances also dropped significantly.
Arkham's Token Soars 16% on Report Sam Altman-Backed Crypto Firm Plans Derivatives Exchange
The company also relocated to the Dominican Republic, Arkham CEO Miguel Morel confirmed to CoinDesk.
Bitcoin Bargain Hunters Active on Kraken and Coinbase, CCData Shows
Bargain hunters are active on Kraken and Coinbase, snapping up coins at perceived discounts as selling pressure from other exchanges keeps prices under pressure.
WazirX to Phase In Indian Rupee Withdrawals Starting Aug. 26
Users of the Indian crypto exchange will be able to take out up to 66% of their rupee funds in two phases following a suspension instituted after last month's $230 million dollar hack.
