In an industry often mired in complexity and limitations, the launch of PumpSwap through a collaboration between TRON DAO and pump.fun heralds a transformative shift in the decentralized finance (DeFi) landscape. This isn’t merely another launch in an already crowded market; it represents the first significant effort to streamline liquidity access and cross-chain interoperability in
Exchanges
In a landmark year, Crypto.com has managed to achieve a breathtaking revenue of $1.5 billion in 2024, a testament to the booming cryptocurrency market and the company’s shrewd business strategies. Under the leadership of CEO Kris Marszalek, the exchange leveraged its vast user base of 140 million to drive trading activity to astounding heights. While
The recently approved motion to restore 70 billion CRO tokens, which were previously burned in 2021, marks a striking but problematic move within the Cronos community. Fueled predominantly by Crypto.com’s persuasive lobbying, the proposal garnered 62.18% of the votes, leading to an increase in the total supply of CRO to a staggering 100 billion. This
The recent suspension of OKX’s Web3 decentralized exchange (DEX) aggregator is a stern wake-up call for the entire cryptocurrency market. Initiated on March 17, this suspension is more than just a routine regulatory compliance measure; it represents the intensifying scrutiny from European regulators amid rising concerns about digital asset misuse. The European Securities and Markets
In a striking display of adaptability, Vermont has formally rescinded its legal actions against Coinbase, a significant cryptocurrency exchange accused of offering unregistered securities through its staking program. This move, officially filed on March 13, marks a pivotal shift in the state’s regulatory stance and signals a broader trend among U.S. states grappling with the
In today’s digital age, the media wields unprecedented power, especially in sectors like cryptocurrency that are rapidly evolving and often misunderstood by the mainstream. Recently, Changpeng Zhao, the former CEO of Binance, vehemently refuted a Wall Street Journal report suggesting he was engaged in investment discussions with the family of former President Donald Trump regarding
The digital landscape, particularly in the realm of cryptocurrencies, has increasingly become a breeding ground for criminal activity. The recent arrest of Aleksej Besciokov, co-founder of the notorious Garantex exchange, exemplifies this grim reality. With allegations of laundering a staggering $7 billion through unregulated channels, it is vital to analyze how such events not only
Kraken, a well-established player in the cryptocurrency exchange arena, has recently received authorization as an Electronic Money Institution (EMI) from the UK’s Financial Conduct Authority (FCA). This significant regulatory approval is much more than a badge of honor; it is a decisive step in Kraken’s strategy to solidify its footprint in the UK market. The
The cryptocurrency exchange Kraken, legally recognized as Payward Inc., is positioning itself for a high-stakes initial public offering (IPO) anticipated for early 2026. This pivot comes at a crucial time, following a tumultuous relationship with regulators, particularly during the Biden administration. The recent election of Donald Trump has ushered in an environment that is significantly
The recent dismantling of Garantex, a Russia-linked cryptocurrency exchange, marks a significant turning point in the global fight against cybercrime and illicit finance. U.S. and European law enforcement agencies have executed a serious crackdown on what they call a “haven for criminals,” a sentiment echoed by the DOJ’s announcement. The charges against key figures associated