Cryptocurrency Exchange

(Mark Denton/Unsplash)
The Future of Crypto Payments Will Be Centralized
Custodial wallets will be the lynchpin of retail crypto payments, says the co-founder of Flexa. This post is part of CoinDesk's Payments Week.
(Mark Denton/Unsplash)

Binance spot market volumes reached $490 billion in March. (CryptoCompare)
Binance Extended Crypto Exchange Dominance in March
The exchange captured 30% of spot volume market share last month, extending its lead over competitors including Coinbase and OKX.
Binance spot market volumes reached $490 billion in March. (CryptoCompare)

"Justice" (Metropolitan Museum of Art)
Ex-Employee Claims Liquid Global Exchange 'Scapegoated' Her for $90M Hack
The wrongful termination suit comes as the Japan-based crypto exchange is expected to close on the sale of itself to powerhouse FTX.
"Justice" (Metropolitan Museum of Art)

Marcus Swanepoel, founder and CEO of Luno (Luno)
Luno Spins Out Investment Arm to Pump $15M to $75M a Year Into Crypto Companies
Luno Expeditions will focus on seed and pre-seed investing with the aim of making 200-300 such investments per year.
Marcus Swanepoel, founder and CEO of Luno (Luno)

(Reddit, modified by CoinDesk)
Form 1099-B Is Not the Solution to Your Cryptocurrency Tax Problems
Repurposing tax reporting designed for equity trading ignores the innovation brought about by wallet-to-wallet transactions. This piece is part of CoinDesk's Tax Week.
(Reddit, modified by CoinDesk)

Coinbase CEO Brian Armstrong (Coindesk archives)
Coinbase Plans 2K-Employee Hiring Spree This Year
The cryptocurrency exchange sees "enormous product opportunities ahead for the future of Web 3."
Coinbase CEO Brian Armstrong (Coindesk archives)

FTX CEO Sam Bankman-Fried. (CoinDesk TV)
FTX US Attains $8B Valuation in $400M Fundraise Including SoftBank, Temasek
The cryptocurrency exchange intends to use the funds to launch new business lines and explore strategic investments and acquisitions.
FTX CEO Sam Bankman-Fried. (CoinDesk TV)

FTX bought the naming rights to the Miami Heat arena in March. (Danny Nelson/CoinDesk archives)
FTX Partners With Nuvei to Offer Instant Payments to Users
The deal will help support the higher value transactions that are often required in crypto trading, the companies said.
FTX bought the naming rights to the Miami Heat arena in March. (Danny Nelson/CoinDesk archives)

Binance to Wind Down Derivatives in Europe, Malaysia Orders Closure
Top Lawyer for Binance.US Steps Down
Christopher Robins served as Binance.US’s general counsel for just seven months.
Binance to Wind Down Derivatives in Europe, Malaysia Orders Closure