Coinbase Resumes XRP Trading in New York

Reading Time: < 1 minute Following a legal battle over its status as a security, cryptocurrency exchange Coinbase has announced that it will once again offer support for XRP trades in New York.

Gate.HK Drops License Application in Hong Kong

Reading Time: < 1 minute Gate.HK, a crypto exchange based in Hong Kong, is shutting down its operations in the region and has canceled its application for a trading platform license.

Coinbase Plans to Launch Gold and Oil Futures Trading Feature

Reading Time: < 1 minute Coinbase has announced that it will be launching retail-sized futures contracts for oil and gold on June 3rd through its derivative platform.

Canada Imposes $4.4 Million Fine on Binance

Reading Time: < 1 minute The official body responsible for analyzing financial transactions and reports in Canada has announced that it is imposing a penalty of $4.4 million on Binance.

FTX to Pay Additional Compensation to Creditors

Reading Time: < 1 minute FTX announced on Tuesday that they intend to give at least 98% of their creditors a minimum of 118% of their allowed claims in their proposed reorganization plan.

Coinbase Faces A Class Action Lawsuit

Reading Time: < 1 minute A group of customers from various states have filed a lawsuit against Coinbase.

Bitfinex’s CTO: Our Database Was Not Hacked

Reading Time: < 1 minute Bitfinex’s CTO, Paolo Ardoino, has expressed doubt regarding reports of a potential leak of user data from their cryptocurrency exchange.

Coinbase Integrates Lightning Network

Reading Time: < 1 minute Coinbase has announced its support for the Bitcoin Lightning Network.

Changpeng Zhao Sentenced to 4 Months in Prison

Reading Time: < 1 minute The former CEO of Binance, Changpeng “CZ” Zhao, has been sentenced to four months in federal prison for violating US money laundering laws.