Topic
exchanges
27 stories
Gemini's Q3: revenue down 19%, trading volume off 73%, losses narrowing on cost cuts
Gemini reported $40.9 million in Q3 revenue, down 19% year over year as trading volume fell 73%, while a narrower $58.6 million net loss reflected deep cost cuts.
Mercado Bitcoin's attacker kept draining wallets for hours after the exchange said it was "contained"
Blockchain analytics firm Bitquery says Mercado Bitcoin's attacker kept draining customer deposit addresses for about four hours after the Brazilian exchange declared the breach contained, with total losses now traced at $48.6 million across 10 chains.
Coinbase touts 99% cold storage as Binance says it has replaced 98% of its $6 billion-plus hack
Coinbase said it holds more than 99% of customer assets in offline cold storage and was untouched by the roughly $6.3–6.4 billion Binance breach, which Binance says it has already replenished by about 98%.
Binance blames fake job interview and internal AI tool for $6.3 billion breach
Binance's own incident report blames a months-long North Korea-linked campaign — a fake job interview and compromised internal AI tooling — for the roughly $6.3 billion theft, as it reopens withdrawals and says it has recovered most assets.
Binance's SAFU fund is down to ~7,500 BTC after the exchange tapped it for a $6.3B hack
Binance has spent about half the bitcoin in its SAFU user-protection fund to help cover a $6.3 billion hack, leaving roughly 7,500 BTC (~$580 million) and no timeline for a refill, on-chain data shows.
Mercado Bitcoin halts deposits and withdrawals after breach; outside trackers put losses at $40M–$46M
Mercado Bitcoin, Brazil's largest crypto exchange, suspended deposits and withdrawals on November 2 after a security breach that outside analysts peg at $40 million to $46 million across at least 10 blockchains.
Investigator flags suspected $106M theft from an unnamed EU entity's exchange accounts
Blockchain investigator ZachXBT reported that an unidentified EU entity may have lost more than $106 million from accounts at several crypto exchanges, with funds routed through ether, instant-exchange services and Monero.
Binance publishes fresh proof of reserves, says 95% of record-hack losses replenished
Binance says it has completed a zero-knowledge proof-of-reserves snapshot for 10 assets and replenished about 95% of funds lost in a record $6 billion exploit, with withdrawals set to resume progressively from Tuesday.
Binance reopens withdrawals, logs $3.64 billion in net outflows days after $6.3 billion hack
Binance processed about $3.64 billion in net outflows in the first nine and a half hours after reopening withdrawals following last week's $6.3 billion hack, the exchange said.
Binance pledges $6.34 billion to cover losses from laptop-borne breach
Binance says it has set aside $6.34 billion of its own funds to cover losses from a Thursday breach it blames on a compromised DevOps laptop, as partners froze roughly $3 billion more.
Binance Is Shutting Down Its Mining Business on Nov. 10
Binance will close Binance Pool, Cloud Mining, Pool Savings, and Transaction Accelerator on Nov. 10, 2026, ending its mining business as it pushes into AI tools and TradFi-linked derivatives.
Bitget says ~$352M stolen in suspected North Korean hack; withdrawals paused
Bitget CEO Gracy Chen says North Korea's Lazarus Group likely stole roughly $352 million from the exchange's hot and warm wallets, with withdrawals paused and most losses covered by a protection fund.
Bitget says $352M drained from hot wallets, pauses withdrawals
Bitget CEO Gracy Chen said roughly $352 million was drained from the exchange's hot and warm wallets on September 24, and paused withdrawals while insisting cold wallets and user funds are safe.
Binance adds options on 1,000+ U.S. stocks and ETFs, citing a jump in TradFi derivatives volume
Binance is launching physically settled options on more than 1,000 U.S. stocks and ETFs for non-U.S. customers, routed through an Abu Dhabi broker to Alpaca Securities, as its self-reported TradFi perpetual volume climbs.
LayerZero announces ATLAS exchange backend, with 75% of net fees pointed at ZRO buybacks
LayerZero announced ATLAS, a "headless" exchange backend on its Zero blockchain that routes 75% of net trading fees into ZRO buy-and-burn; the token jumped roughly 16% on the news.
Pakistan opens crypto registration with a 12-day window and an 11-category rulebook
Pakistan's Virtual Assets Regulatory Authority has opened registration under the Virtual Assets Act 2026, giving crypto firms until Sept. 5 to file for a no-objection certificate or shut down.
Solana says Bullish ran the first tokenized equity trade on a regulated venue. Almost every detail is missing.
Solana's official account says exchange operator Bullish completed the first tokenized equity trade on a regulated digital asset venue using its own BLSH shares, but disclosed no size, price, date or transaction record.
BitMart's founder calls the withdrawal claims a hack. He didn't say when users get paid.
BitMart founder Sheldon Lee says an X post alleging frozen withdrawals and unpaid staff came from a hacked company account, offering no answer on when users can withdraw, nine days before the exchange's final trading day.
Israeli broker Bits of Gold says vendor breach exposed data on 200,000 customers
Bits of Gold says a hacker reached a third-party analytics vendor and took names, national ID numbers and bank details for roughly 200,000 customers — about 80% of its user base — with no funds or keys touched.
Robinhood turns on UK crypto via Bitstamp, with a "zero-fee" label that has an FX fee attached
Robinhood switched on crypto trading for eligible UK customers this week, routing more than 50 tokens through FCA-registered Bitstamp UK, as its own crypto revenue fell 38% year over year and prediction markets overtook it.
Coldcard's seed flaw is still live, and an exchange is already selling the moral
Coinkite says the entropy flaw behind up to $114 million in stolen bitcoin is still live and requires manual migration, while OKX claims the theft is driving record deposits to exchanges.
Bithumb sets 2028 IPO date, with a 2027 filing and an accounting overhaul in between
Bithumb says it will file for a preliminary listing review in 2027 and complete an IPO in 2028, three years after its original target, following a promotional payout error that drew a regulatory probe.
Luno cuts a fifth of its staff, and files it under 'automation'
Luno is cutting roughly 20% of its global workforce, its second major reduction since January 2023, as the DCG-owned exchange exits some markets and pushes a white-label business for banks.
Coinbase blames July 14 outage on a 'low-risk' config change that collided with itself
Coinbase said a botched routine configuration change to a shared Kubernetes cluster caused a roughly 50-minute platform-wide outage on July 14 that halted trading, transfers and card payments.
Citadel Securities buys into Crypto.com at a $20 billion valuation, its second exchange stake in eight months
Citadel Securities put $400 million into Crypto.com at a $20 billion valuation, the exchange's first institutional raise, earmarked to expand tokenized stocks, derivatives and prediction markets.
AscendEX shuts down, warns users may not get their crypto back
Crypto exchange AscendEX ceased operations on July 1 and told users it cannot guarantee they will recover their full balances, citing MiCA non-authorization, a failed liquidity deal, and near-empty hot wallets flagged by on-chain investigators.
Gemini adds 0% stock trading, pitches itself as a financial "super app"
Gemini launched zero-commission US stock trading on July 7, positioning itself as an "all-in-one financial super app" while still posting a $109 million quarterly net loss.