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Bybit, a leading cryptocurrency exchange, has faced a significant setback in its market position following a massive security breach that resulted in the theft of $1.5 billion worth of assets in February.
BBVA has made a significant move into the cryptocurrency space, gaining approval from Spain’s securities regulator, CNMV, to offer Bitcoin and Ether trading.
Coinbase’s CEO, Brian Armstrong, announced the company’s plans to expand its workforce in the U.S. by hiring 1,000 new employees this year.
Changpeng Zhao, the founder of Binance, has voiced his concerns over the growing trend of quick-profit hunting in the cryptocurrency world, particularly among speculative investors, or “degens.”
Chris Larsen, the co-founder of Ripple, suffered a significant financial blow in 2024 when he lost over $661 million worth of XRP due to a security breach in the password management system LastPass.
Robinhood has agreed to a $29.75 million settlement with FINRA over lapses in supervision and compliance, including failures in anti-money laundering measures and oversight of trading activities.
Crypto exchange Gemini, founded by Tyler and Cameron Winklevoss, is reportedly preparing to go public through an initial public offering (IPO).