Crypto Exchanges
Canton Network Activity Surges as Exchanges Join Validators: Copper Research
The institutional blockchain has reached more than 500,000 daily transactions, with major banks and U.S. crypto exchanges fueling unprecedented growth.

Corporate Clients Hold Up to 15% of Assets on Mercado Bitcoin, Exchange Exec Says
These companies are not actively trading, but rather holding onto their bitcoin and stablecoins like USDT and USDC for conservative, cash-management purposes.

BitGo Wins German Approval to Start Regulated Crypto Trading in Europe
German regulator BaFin clears expansion as BitGo adds trading to its custody and staking services.

Winklevoss-Backed Gemini Prices IPO at $28/Share, Values Crypto Exchange at More Than $3B
The digital asset firm backed by the billionaire Winklevoss twins sold 15.2 million shares, and raised $425 million.

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.

Backpack Opens Regulated Perpetuals Exchange in Europe After FTX EU Acquisition
Operating out of Cyprus and licensed under the European Union’s MiFID II framework, the exchange is positioning itself as one of the first fully regulated venues in Europe to offer crypto derivatives, starting with perpetual futures.

Crypto Exchange OKX Fined $2.6M in Netherlands for Failing to Register With Dutch National Bank
The company offered crypto services in the Netherlands from July 2023 to August 2024 without the legally required registration.

Ripple Extends $75M Credit Facility to Gemini as Exchange Pursues IPO
Gemini's S-1 IPO filing revealed a lending deal with Ripple and a widening first-half loss as the company endeavors to become the third crypto exchange to go public in the U.S.

OKX Slashes OKB Token Supply by 50% With $7.6B Burn, Price Surges
OKX’s record-breaking $7.6 billion OKB burn halved the circulating supply and sparked triple-digit price spike, and shifts focus to driving adoption of its X Layer blockchain.

Spanish Bank BBVA Said to Offer Off-Exchange Custody to Binance Customers: FT
Cryptocurrency exchanges have been rolling out stricter controls and clearer disclosures on how user funds are safeguarded.

