Crypto Exchanges
IG Group to Acquire Australian Crypto Exchange Independent Reserve in $117 Million Deal
Key Insights IG Group will acquire a 70% stake in Independent Reserve, valuing the Australian crypto exchange at A$178 million, with an…
France Signals It Could Block EU-Licensed Crypto Firms
Key Insights France has warned it could block crypto firms licensed in other EU states from operating locally, citing uneven enforcement under…
Kraken Enters Proprietary Trading with Breakout Acquisition
Key Insights Kraken becomes the first major cryptocurrency exchange to enter proprietary trading by acquiring evaluation-based firm Breakout for undisclosed terms Breakout…
Australia’s ASIC Issues Public Warning Against Bitget Over Unlicensed Crypto Futures Products
Key Insights ASIC has warned against Bitget for offering unlicensed crypto futures with leverage up to 125:1, far exceeding legal limits. Bitget…
GMX Hacker Begins Returning Stolen Funds After Accepting $5M White-Hat Bounty
Key Insights The GMX V1 platform was exploited for $40 million via a re-entrancy vulnerability in the OrderBook contract, targeting the GLP…
GMX Suffers $42 Million Exploit, Disables V1 Trading to Contain Damage
Key Insights GMX suffered a $42 million exploit targeting its V1 GLP pool on Arbitrum, prompting the platform to halt V1 trading…
Bitstamp Wins Regulatory Approval in Singapore with MAS License
Key Insights Bitstamp, owned by Robinhood, has secured MPI license from Singapore’s Monetary Authority, enabling it to legally operate in the country…
Kraken Relocates Global Headquarters to Wyoming, Citing Pro-Crypto Environment
Key Insights Kraken has officially moved its global headquarters to Cheyenne, Wyoming, citing the state’s crypto-friendly regulations and long-standing support for digital…
Coinbase Secures MiCA License, Establishes Luxembourg as EU Crypto Hub
Key Insights Coinbase has obtained a MiCA license from Luxembourg’s financial regulator, allowing it to legally offer crypto services across all 27…
Pro-Israel Hackers Drain $82 Million from Iran’s Largest Crypto Exchange Nobitex
Key Insights Iran’s largest crypto exchange, Nobitex, was hacked for over $81 million in a politically motivated cyberattack attributed to pro-Israel hacker…