crypto exchange

Coinbase (NASDAQ: COIN) stock dropped a whopping 87.04% to $35.00 levels from $268.15 on Dec. 21, 2021 — its lowest price level since the company went public last year. While tech stocks have suffered losses in 2022, Coinbase remains one of the few publicly-traded companies focused on...

Coinbase Global Inc (NASDAQ: COIN) was popping up more than 3% on Wednesday, in tandem with the S&P 500, which was surging almost 2%. The crypto trading platform had been decimated this year, plunging more than 86% since its Jan. 3 opening price of $256.27 to trade now at...

The new management team at FTX is attempting to recover hundreds of millions of dollars in cash from hundreds of bank accounts in an effort to salvage the position of the defunct cryptocurrency exchange, according to information provided to creditors on Tuesday The company's new management,...

In an apparent bid to expand its footprint across Asia, cryptocurrency exchange Binance (CRYPTO: BNB) has completed the acquisition of the Indonesian exchange Tokocrypto. Following the resignation of Pang Xue Kai, the exchange's co-founder, Binance revealed that it had acquired a controlling...

Sam Bankman-Fried, the disgraced founder of crypto exchange FTX, has consented to his extradition to the U.S. where federal prosecutors have charged him with eight fraud and conspiracy charges. Jerone Roberts, who is representing Bankman-Fried in the Bahamas, announced that his client “has...

In an unexpected decision following reports over the weekend that FTX founder Sam Bankman-Fried will turn himself into U.S. custody, Bahamian magistrate Shaka Serville has ordered that Bankman-Fried be sent back to a Bahamian correctional facility. The decision came after Bankman-Fried’s...

Cryptocurrency exchange Coinbase (NASDAQ: COIN) has come up with a tool that will enable users to recover more than 4,000 unsupported ERC-20 tokens that have been sent to its ledger. Any cryptocurrency built on the Ethereum (CRYPTO: ETH) blockchain is referred to as an ERC-20 token. Will Robinson,...

One of the biggest stories for the financial markets in late 2022 is the collapse of the cryptocurrency platform FTX and the continuation of the crypto winter. Here’s a look at how much an investment in leading cryptocurrency Bitcoin (CRYPTO: BTC) would be worth now, based on when FTX...

Even as the bankrupt cryptocurrency exchange FTX attempts to pay creditors in the U.S., the Bahamas liquidators are attempting to exclude more than $200 million in luxury properties from the estate of the country. According to court records filed on Monday, lawyers for FTX CEO John Ray are...

Canada's financial authority is strengthening the requirements that crypto trading platforms must adhere to in an apparent response to the collapse of crypto exchange FTX (CRYPTO: FTT). Additionally, there will be stricter enforcement of licensing, including for companies that are accessible to...

The United States Securities and Exchange Commission (SEC) has accused Sam Bankman-Fried of “fraud” following the collapse of FTX (CRYPTO: FTT), the cryptocurrency exchange he founded. The ex-CEO was accused of "orchestrating a scheme to defraud equity investors in FTX Trading Ltd...

Proof-of-reserves information from auditing company Mazars Group demonstrated cryptocurrency exchange Crypto.com clients' assets were fully backed one-to-one, according to a statement made by the firm on Friday. This came after competing exchange Binance on Wednesday produced a...

Bankrupt cryptocurrency exchange FTX’s co-founder Sam Bankman-Fried announced on Friday that he will testify before the U.S. House Financial Services Committee on Dec. 13. In response to demands from committee chair Maxine Waters (D-Calif.), who had stated his appearance was...

Known for several high-profile partnerships with celebrities and sports personalities, the flamboyant Sam Bankman-Fried, founder of bankrupt cryptocurrency exchange FTX (CRYPTO: FTT), was in the final stages of negotiating a sponsorship deal worth more than $100 million with 11-time Grammy...

Coinbase Global Inc (NASDAQ: COIN) was plunging more than 8% on Tuesday, in sympathy with the S&P 500, which was sliding about 2% lower amid recession fears. The cryptocurrency exchange can be both positively and negatively affected by the general markets and the crypto sector, but...