Coinbase hit with $300M token listing allegations by Sun and Cronje

November 4, 2024 Coin Telegraph

Coinbase hit with 0M token listing allegations by Sun and Cronje

The rumors around the alleged listing fees could drive projects to decentralized trading platforms.

Some of the largest cryptocurrency exchanges allegedly ask for up to hundreds of millions of dollars for new token listings.

According to Tron founder Justin Sun, Coinbase allegedly asked for $330 million in total fees to list Tron (TRX). Sun posted on X on Nov. 4 that while Binance did not charge any fee, Coinbase requested 500 million TRX tokens (valued at around $80 million) and a $250 million Bitcoin deposit to be held in Coinbase Custody.

Coinbase listing fee allegations. Source: Justin Sun

Cosmos co-founder proposes peer-to-peer clearing system in white paper

Cryptoquant: Stablecoin Liquidity Surges to Record Highs as Ripple Introduces RLUSD

October 9, 2024 Bitcoin.com

bitcoin.com

Stablecoin liquidity reached unprecedented levels in September 2024, boosting overall cryptocurrency market activity. Meanwhile, Ripple made a notable entrance into the stablecoin space with its newly launched RLUSD, expanding its influence in the financial landscape. Stablecoin Boom Fuels Crypto Liquidity, Ripple’s RLUSD Market Cap Rises According to a recent report from Cryptoquant, stablecoin liquidity soared […]

Cosmos co-founder proposes peer-to-peer clearing system in white paper

Saudi Arabia Leads MENA in Crypto Growth for Second Year Running

September 26, 2024 Bitcoin.com

bitcoin.com

Saudi Arabia has emerged as the fastest-growing crypto economy in the Middle East and North Africa (MENA) region for the second consecutive year. Unlike other MENA countries, Saudi Arabia’s and Qatar’s crypto activity primarily stems from decentralized finance platforms. The majority of MENA’s crypto activity is driven by institutional and professional investors. Saudi Arabia’s Youth […]

Cosmos co-founder proposes peer-to-peer clearing system in white paper

Top 10 Bitcoin Holders: Exchanges, Corporations, and Governments Dominate the Charts

September 23, 2024 Bitcoin.com

Bitcoin

Over the past decade, a significant amount of bitcoin has made its way into centralized trading platforms, public and private corporations, governments, exchange-traded funds (ETFs), and derivative token projects like WBTC. With roughly 100 days remaining in 2024 after the launch of spot bitcoin ETFs in January, this analysis dives into the top ten entities […]

Cosmos co-founder proposes peer-to-peer clearing system in white paper

Goldman Sachs, Coinbase alumni debut TrueX, a stablecoin-centric crypto exchange

September 18, 2024 The Crypto Briefing

Centralized Exchanges

TrueX's stablecoin-centric approach could redefine crypto trading stability, potentially attracting institutional investors and enhancing market predictability.

The post Goldman Sachs, Coinbase alumni debut TrueX, a stablecoin-centric crypto exchange appeared first on Crypto Briefing.

Cosmos co-founder proposes peer-to-peer clearing system in white paper

Chainalysis alerts rise in crypto hacks and ransom in 2024

August 15, 2024 Coin Telegraph

Analysis

Cryptocurrency hackers have been returning to their roots to targeting centralized exchanges amid a spike in the Bitcoin price in 2024.

A new report indicates that while overall illicit transactions in cryptocurrency markets declined in 2024, certain types of crypto-related criminal activity rose.

Aggregate illicit activity in crypto has dropped 19.6% year-to-date (YTD), falling from $20.9 billion to $16.7 billion by July 2024, according to the first part of the mid-year crypto crime update by Chainalysis released on Aug. 15.

Chainalysis found that legitimate crypto activity has been growing faster than illicit activity onchain in 2024, particularly due to positive industry events like the adoption of spot Bitcoin (BTC) and Ether (ETH) exchange-traded funds (ETFs) in the US.

Cosmos co-founder proposes peer-to-peer clearing system in white paper

Bitcoin Reserves on Exchanges Hit 5-Year Low With $5.96B Withdrawn in 30 Days

August 11, 2024 Bitcoin.com

bitcoin reserves

According to data from cryptoquant.com, bitcoin reserves on centralized exchanges have plummeted to a level not seen since Nov. 19, 2018. The amount of bitcoin held by these digital trading platforms has been steadily declining since early June 2022. Bitcoin Exchange Reserves Dip to 2018 Levels Over the past month, starting from July 11, 2024, […]

Cosmos co-founder proposes peer-to-peer clearing system in white paper

Research Shows Institutional Custodians and ETFs Drive Significant Bitcoin Market Movements

July 18, 2024 Bitcoin.com

Bitcoin

The bitcoin market recently saw a significant sell-off, absorbing over 48,000 BTC from the German government. Amidst this and upcoming Mt Gox distributions, a report from Glassnode researchers explores how these sell-side forces and exchange-traded funds (ETFs) impact bitcoin’s price action. Glassnode Report Analyzes Sell-side Forces and ETF Impact on Bitcoin Centralized exchanges and ETF […]

Cosmos co-founder proposes peer-to-peer clearing system in white paper

Crypto losses from hacks and scams soared by 113% in Q2 2024 to reach $572M

June 27, 2024 Coin Telegraph

Crypto losses from hacks and scams soared by 113% in Q2 2024 to reach 2M

Blockchain security

Losses from scams and exploits increased in the second quarter as centralized exchanges lost millions, reversing a previous downtrend.

Crypto losses from hacks and scams more than doubled in the second quarter of 2024 compared to the same period the previous year, according to research from blockchain security platform Immunefi.

Over $572 million was lost in Q2, compared to only $220 million in Q2 of 2023. Centralized exchange hacks made up the bulk of the losses in the quarter.

Prior to the second quarter, losses from hacks and scams had been declining, with Immunefi reporting a 23% reduction in Q1. This decline continued through April and most of May, but losses dramatically increased at the end of May and June.

Cosmos co-founder proposes peer-to-peer clearing system in white paper

$2.7 Billion Reduction — Coinbase Records 40,406 BTC Outflow in 60-Day Period

June 1, 2024 Bitcoin.com

bitcoin outflow

In recent weeks, Binance and Robinhood observed a modest influx of approximately 1,302 BTC or $88 million in bitcoin, with Robinhood acquiring the majority of these assets. Conversely, Coinbase experienced a noticeable decrease in its bitcoin reserves, witnessing an outflow of 40,406 BTC valued at $2.7 billion in the past two months. Coinbase, Binance, and […]

Centralized Exchanges

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