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Rakuten Brings in Compliance Partner for New Crypto Exchange
news Japanese e-commerce giant Rakuten, has partnered with blockchain analytics firm CipherTrace to help ensure compliance for its soon-to-go-live cryptocurrency exchange. CipherTrace announced Wednesday that it will help ensure sound anti-money laundering (AML) processes are in place for the firm’s Rakuten Wallet exchange platform, which is based in Tokyo. Rakuten Wallet started accepting account registrations…

Deribit Sees 17% Growth in Crypto Derivatives Trading Volume in August, Led by Options
Trading volume across crypto derivatives listed on the Panama-based Deribit exchange remained brisk last month even as the global activity cooled.Deribit's derivatives market volume rose to $42 billion in August, a 17% increase versus July, bucking the global downtrend that saw worldwide derivatives volumes decline 12.1% to around $1.6 trillion, the exchange said in the

Binance Founder Changpeng ‘CZ’ Zhao Stuck in U.S. Until Sentencing
Binance founder and former CEO Changpeng Zhao (CZ) cannot return to the United Arab Emirates before his sentencing, a federal judge ruled Thursday night. Zhao, who pleaded guilty to one charge of violating the Bank Secrecy Act last month, is set to be scheduled in February 2024. He was released on a $175 million personal

Three Arrows Capital Liquidators Now Sue Terraform Labs for $1.3B: Bloomberg
The liquidators for Three Arrows Capital (3AC) have sued Terraform Labs for $1.3 billion. They allege TerraForm induced 3AC to purchase Luna and TerraUSD by manipulating the market for these tokens. Defunct cryptocurrency hedge fund Three Arrows Capital's (3AC) liquidators have sued Terraform Labs for $1.3 billion, for losses the fund suffered after the 2022

Ethereum Startups Team to Offer ‘Banking-Grade’ Wallet Security
feature Two ethereum startups have teamed up to help bring bank account-like protection to users of the second-largest blockchain. Insurance cooperative Nexus Mutual and wallet provider Argent plan to offer a combination of smart contracts and insurance to keep Argent users’ funds safe from hackers. First, the smart contract is designed to prevent thieves from…

CoinDesk 20 Performance Update: RNDR Surges 16.2% as Index Climbs Higher
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated . CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023 , CoinDesk was acquired by the Bullish group, owner of

XRP Registers Biggest Single-Day Gain in 3 Months After SEC Drops Charges Against Ripple’s Leaders
On Thursday, XRP logged its best daily percentage gain in three months as the U.S. Securities and Exchange Commission (SEC) dropped securities-violations charges against fintech company Ripple’s top leaders.XRP, the world’s fifth-largest digital asset, rose 6.5% to 52 cents jumping to a high of 53 cents before pulling back to 51 cents at press time

Monday’s Price Drop Didn’t Break Bitcoin’s Bullish Trend
Feb 11, 2020 at 11:03 UTCViewBitcoin's broader uptrend is still valid despite Monday's sudden move lower from $10,200. The weekly chart shows scope for a test of the October high of $10,350. A deeper pullback to support below $9,600 may be seen before the return of the rally, as the short duration charts are indicating…