BitMEX has stopped trading and leftover balances now cost money
Trading ended at 04:00 UTC Wednesday and balances left behind now attract a fee, per Decrypt. Withdrawals remain open, so this is a wind-down.
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Exchanges, companies and the money behind crypto.
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US prosecutors are reportedly investigating Binance over Iran sanctions
Bloomberg says Manhattan prosecutors are examining whether Binance let Iranian users evade sanctions. No charges filed, no change for customers.
Revolut hackers demand $3m in Monero and threaten to sell customer data
A group claiming to hold Revolut customer data wants $3m in Monero within 24 hours. What that data can be used for, and where UK readers report it.
CoinEx is shutting down after nine years, withdrawals close 22 December
CoinEx says it is winding down, blaming falling volumes and compliance costs. Withdrawals run until 22 December, and no protection scheme covers balances.
Revolut starts a phased euro stablecoin rollout in three EU countries
EURR is reaching selected customers in Denmark, Poland and Portugal. Bridge Building S.A. is named as the legal issuer, so the redemption claim is theirs.
Metaplanet cancels $220m of executive stock rights after weaker bitcoin gains
Metaplanet has cancelled 131.3 million potential shares, removing over $220m of warrant value. Its bitcoin holdings are unchanged: only the rewards are.
U.S. Bank’s first stablecoin payment went to its own European arm
U.S. Bank issued USBDC on Stellar and used it to pay its own European arm. No customer can hold the token yet, and the bank is the only witness.
Nasdaq puts $100m into Kraken’s owner at a $21bn valuation
Nasdaq's $100m stake values Kraken's owner at $21bn, about 58% above the figure implied by April's reported Deutsche Boerse investment in the same firm.
Consensys is splitting in two and rebranding as MetaMask
The wallet business keeps the existing corporate entity, while the Consensys name moves to a new company. Completion isn't expected until late 2026.