Bybit, a crypto exchange with the largest user base from Russia, has temporarily suspended operations in India due to ongoing regulatory challenges. While promising to honor withdrawals, other services like trading and new accounts are restricted.

What lies beneath the alliance of the two crypto behemoths?

The infamous exchange’s wallet movements have repeatedly sparked fears of sell-offs that could destabilize Bitcoin prices. Yet, recent activity from Mt. Gox wallets has been met with strong market resilience.

Coinbase’s possible blocking of accounts due to VPN usage raised discontent among the community. As always, the PR team promptly handled the mini-crisis.

With Solana’s staking market booming, centralized exchanges like Binance and Coinbase are reaping the rewards, leveraging their position to maximize staking and trading revenues.

Coinbase delisting of wrapped Bitcoin comes as a surprise and leaves many questions unanswered.

As trading volumes slow, Kraken seeks to attract users and developers while diversifying revenue streams. Ink network built on the Optimism OP Stack is set to bring DeFi closer to the average user. The network is part of the Optimism Superchain, designed for enhanced cross-chain connectivity.

Binance saw a sharp decline in spot and derivatives trading, marking its lowest market share in four years. Is this the inevitable readjustment as it falls into regulatory line? Or has the company seen too much upheaval?