CoinEx is preparing to shut down its platform after nearly nine years as the weakness across the crypto market has made operations increasingly difficult. The exchange said the broader industry has seen a significant contraction in trading volume and liquidity. It also cited rising regulatory requirements across major jurisdictions alongside higher compliance costs and operational uncertainties […]
The cryptocurrency market has been stuck in a prolonged bear market for several months, while in the last few days, some well-known exchanges announced they will shut down operations. This sounds like concerning news that could trigger additional panic across the community, yet certain industry participants believe it may also mark the cycle’s bottom. It’s […]
This weekend, FTX revealed its plan to begin paying major creditors in 2025, with $11.4 billion in assets. Meanwhile, former BitMEX CEO Arthur Hayes, along with his co-founders, received pardons from President Trump after a lengthy legal battle over regulatory violations. Crypto news that flew under the radar. FTX to Begin Paying Major Creditors in […]
BitMEX co-founder Arthur Hayes’ crypto investment fund Maelstrom announced the launch of the Bitcoin Grant Program that aims to help with the technical development of the largest blockchain network. The focus will also be to improve its resilience, scalability, censorship resistance, and privacy characteristics. On its official website, Maelstrom said that it can support Bitcoin […]