Binance CEO Changpeng ‘CZ’ Zhao has announced that crypto entrepreneur Justin Sun will be prevented from farming Sui tokens with his $56.1 million deposit of True USD (TUSD) on the exchange. Sun’s deposit to Binance was made on May 1, leading many to speculate that he was attempting to farm SUI tokens through the LaunchPool
Exchanges
Coinbase has announced the launch of its international exchange, which enables institutional traders outside the United States to trade Bitcoin (BTC) and Ethereum (ETH) perpetual futures. The trades for the new platform are settled in USD Coin (USDC) and do not require fiat on-ramps. The exchange also offers perpetual futures contracts with up to five
Coinbase investor Adam Grabski has filed a lawsuit in the Delaware Chancery Court accusing certain Coinbase executives and board members of using inside information to avoid losses from the sale of Coinbase stock. According to the lawsuit, Coinbase Chairman and CEO Brian Armstrong, board member Marc Andreessen, and other executives used insider information to sell
During a recent Twitter Ask Me Anything (AMA) session, Binance CEO Changpeng Zhao (CZ) expressed his belief that the success of Bitcoin should not depend on the failure of traditional banking institutions. In response to a question about whether banking collapses could benefit Bitcoin, CZ stated that banking and cryptocurrency can coexist and that it
Gemini has rolled out its new derivatives platform, Gemini Foundation, in 30 countries. The platform is set to offer Bitcoin perpetual contracts that are denominated in Gemini dollars, with up to 100 times leverage. Ethereum trading is expected to be launched soon. The Launch of Gemini Foundation Gemini has announced that it has launched its