META

Total trading volume on crypto exchanges reached $1.1 trillion in December. Monthly trading volume on crypto exchanges has never exceeded $1 trillion since September 2022. Among all exchanges, Binance leads the way with a trading volume of $432.7 billion in December, accounting for 39.3% of the total trading volume for the month. Upbit followed closely with a trading volume of $91.8 billion, accounting for 8.3%. Then there is OKX, with a trading volume of $87.5 billion, accounting for 8%. Ste...

Mastercard and crypto exchange Binance will end four crypto card programs in Argentina, Brazil, Colombia and Bahrain on Sept. 22, a Mastercard spokesperson said via email on Thursday. Mastercard’s website also lists partnerships with crypto exchanges such as Gemini. The spokesperson said the decision will not affect any of Mastercard’s other crypto card programs. The report mentioned that the Binance Crypto Card allows users to pay in traditional currencies, and the source of funds is the cry...

The cross-chain bridge protocol Orbit Chain was suspected of being hacked, and cryptocurrency worth $81.5 million was abnormally outflowed. In five separate transactions, Orbit Bridge sent $50 million in stablecoins (30 million USDT, 10 million DAI, and 10 million USDC), 231 wBTC (about $10 million), and 9,500 ETH (about 2,150 Ten thousand U.S. dollars). The hack was first noticed by X user Kgjr, and the exact nature of the hack is unclear. According to PeckShield monitoring, the attacker ini...

The UK government is considering a ban on cold calls promoting financial products as part of a larger campaign to reduce fraud, but has launched a new public consultation to examine the potential impact of such a ban on individuals and businesses. The 19-question consultation, which began this month and runs until Sept. 27, aims to explore the best way to design and implement the ban. The questionnaire will assess consumers and businesses likely to be affected by the blanket ban. The U.K. gov...

Jeremy Cahen (X account nickname PAULY), founder of CryptoPhunks and NFT market Not Larva Labs, tweeted that the "truth about selling coins" announced by PEPE was a complete lie, and that he and the community were being used by the PEPE team. PAULY helped the PEPE team get in touch with the Binance listing team and Sushi team members. He previously broke the news that the founder of PEPE is Zachary Testa, an American landscape photographer, who has a record of violating the law in many wilder...

FTX Trading Ltd and its affiliated debtors (collectively, the "Debtors") have filed a motion with the U.S. Bankruptcy Court for the District of Delaware requesting an estimate of claims based on digital assets and fiat currencies, including customer equity, under a proposed digital asset conversion table claims as part of its Chapter 11 bankruptcy case. The estimated value of Bitcoin is $16,871 per coin, the price of Ethereum is $1,258 per coin, and Solana’s SOL is $16 per coin. The company a...

In the past 24 hours, contracts across the entire cryptocurrency market liquidated US$154 million, with a total of 60,766 people liquidating their positions. Among them, long orders were liquidated to US$124 million, and short orders were liquidated to US$30.347 million. By currency, the liquidation of BTC is approximately US$38.4631 million, the liquidation of ETH is approximately US$25.2373 million, the liquidation of SOL is approximately US$9.9502 million, ORDI is approximately US$7.977 mi...

In a filing last Thursday with U.S. Bankruptcy Court in Delaware, Prime Trust CEO Jor Law explained how the company was hit by a double whammy of the crypto market crash and the management team’s failure to change course during the slump. Law, who became interim chief executive last November, said the company's previous leaders doubled down on spending at a time when revenues were tight; The loss was more than $7 million; a month later, the payout rose again to $11.1 million, resulting i...

According to a public filing, Fidelity filed a securities registration form for a Bitcoin spot ETF with the U.S. SEC. Bloomberg analyst James Seyffart explained that this is just a securities registration that needs to be completed before the ETF can be launched. It does not mean that the ETF has been approved or. In order to be listed, the ETF still requires 19b-4 approval and requires a valid, approved and complete S-1 filing. 19b-4 is not complete yet, S-1 is still in preliminary stages an...

Bloomberg ETF analyst James Seyffart tweeted that encrypted asset management company Hashdex has applied to hold spot bitcoin in their bitcoin futures ETF. The application does not rely on Coinbase's Supervisory Sharing Agreement (SSA). Hashdex hopes to exchange some futures contracts for equivalent spot bitcoin positions through CME Market's Exchange for Physical (EFP) mechanism, instead of buying bitcoin directly from the exchange with cash. According to previous news, Hashdex iss...

Injective, a Layer 1 blockchain based on Cosmos, posted on the X platform that the Volan upgrade has been successfully run on the Injective test network and will soon be released on the main network. It is reported that the Volan upgrade will introduce a number of important features to Injective, including sub-second block times to enable fast transactions and reduce the risk of front-loaded transactions and MEV attacks; IBC integration to achieve interoperability with the Cosmos ecosystem an...

According to the official website of the State Administration of Foreign Exchange, in order to further enhance the foreign exchange development capabilities of banks, promote the facilitation of cross-border trade and investment and financing, and prevent cross-border capital flow risks, the State Administration of Foreign Exchange has formulated in accordance with the "Foreign Exchange Administration Regulations of the People's Republic of China" and relevant laws and regulations The "M...