Crypto Exchange


Finance

Crypto exchange OKX cuts institutional staff amid global restructuring

The exchange has overhauled its institutional business as part of a broader restructuring, with approximately one-third of its sales team exiting, according to one source.

A man runs past a wall-painted exit pictogram toward a door.

Finance

$110 billion in crypto left South Korea in 2025 owing to strict trading rules

While South Korean financial officials acknowledged the need for new rules, disagreements over stablecoins delayed a broader crypto framework.

South Korea, Seoul

Markets

Bullish Upgraded to Buy by ClearStreet as Exchange Gains Market Share, Expands Into U.S.

Analyst Owen Lau cites Bullish’s global growth, new options platform and improving sentiment despite a lower price target.

Crypto exchange Bullish goes public on the New York Stock Exchange. (Aoyon Ashraf/Modified by CoinDesk))

Finance

Mercado Bitcoin Commits EUR 50M to Portugal as It Pushes for European Expansion


The firm is expanding its services, including a new offering for high-net-worth clients, and has seen a shift in revenue streams.

Portugal's Praça do Comércio (Claudio Schwarz/Unsplash/Modified by CoinDesk)

Web3

Social Engineering Scams Top Crypto Threats in 2025: WhiteBit

Technical wallet hacks, including phishing and malware, are the second most common threat, making up 33.7% of incidents.

Glasses in front of monitors with code (Kevin Ku/Unsplash)

Markets

Newly Public Crypto Exchange Gemini Gets Lukewarm Reception From KBW

Though liking the long-term prospects for the Winklevoss-led company, KBW placed a market perform rating on the stock, expecting GEMI to remain unprofitable for the time being.

Cameron and Tyler Winklevoss at the White House on July 18, 2025. (Jesse Hamilton/CoinDesk)

Finance

Brazil’s Mercado Bitcoin Bets on ‘Invisible Blockchain’ Approach to Build Financial Super App

The company plans on using blockchain technology behind the scenes while avoiding crypto-native terminology.

Daniel Cunha, Mercado Bitcoin's head of corporate development (Mercado Bitcoin)

Finance

Kraken Raises $500M in Funding Round Valuing Crypto Exchange at $15B: Fortune

The funding round sets the stage for a long-awaited IPO, expected to take place next year.

Kraken on phone (PiggyBank/Unsplash, modified by CoinDesk)

Finance

IG Group Buys Majority Stake in Australian Crypto Exchange Independent Reserve for $72M

The deal aims to strengthen IG’s position in the Asia-Pacific crypto market and complements its recent crypto rollouts in the U.K. and U.S., the firm said.

16:9 Melbourne, Australia (Daniel Bone/Pixabay)

Finance

Crypto Exchange Kraken Sees Handful of Senior Execs Depart: Source

Four senior executives who work on the institutional side of business have recently left Kraken.

Kraken_logo2