#trading

According to Bloomberg, former FTX user Nikolas Gierczyk has filed a lawsuit against the hedge fund Olympus Peak, which specializes in trading distressed debt claims.

Binance has officially announced the 60th project on its Launchpool featuring Scroll (SCR). Pre-market trading for the token will start on October 11.

A recent report from Kaiko reveals that Crypto․com has become the market leader in the U.S. for platforms supporting USD transactions. With over 50% of market share in weekly trading volume, the platform has outpaced Coinbase nearly three times over.

Anthony Shnayderman and Itai Bronshtein filed a class-action lawsuit against the NFT platform OpenSea, alleging that it has engaged in trading unregistered securities. The plaintiffs, who purchased several non-fungible tokens, including those from the Bored Ape Yacht Club collection, claim these assets have lost their value due to their illegal status.

Mark Karpeles, the former CEO of the now-defunct crypto exchange Mt. Gox, intends to launch a new trading platform named EllipX, with a focus on transparency and user-friendliness. This new exchange is set to begin operations in Europe by the end of this month, with its base in Poland.

On October 16, 2024, WhiteBIT announced that PUFFER is now available for trading on their platform. At the time of writing, PUFFER can be traded exclusively in a USDT pair and is limited to futures contracts.

The Layer 1 blockchain Sui is at the center of a controversy following allegations of insider trading. Some users allege that insiders connected to the project managed to make substantial profits from a surge in SUI’s price, selling their tokens just before the broader market correction.

Coinbase, the world’s second-largest cryptocurrency exchange by trading volume, announced it will delist all stablecoins that do not meet the MiCA regulations set by European authorities. Among those at risk is USDT, the leading stablecoin issued by Tether Holdings Ltd.

Germany’s DZ BANK Group, the nation’s second-largest banking group, is preparing to offer cryptocurrency trading and custody services to over 700 of its cooperative banks via the Boerse Stuttgart platform. The launch is expected by the year's end, with technical preparations nearing completion.

The U.S. Securities and Exchange Commission (SEC) reached a settlement with eToro, a trading platform, resolving allegations that the company failed to register as a broker. eToro has agreed to pay $1.5 million in fines and limit cryptocurrency trading for U.S. users to only BTC, BCH, and ETH.

The Australian Securities and Investments Commission (ASIC) won a legal battle against Bit Trade Pty, the local operator of the Kraken exchange. The court found that the company violated regulations by offering margin trading services to Australian clients without the necessary registration since 2021.