Network Security Concerns - A 51% attack on Monero has raised concerns over network security [1] Exchange Response - Crypto exchange Kraken suspended Monero deposits as a precautionary measure [1] - Withdrawals and trading of Monero remain available on Kraken [1] - Kraken will resume Monero deposits once the network is confirmed to be secure [1]

Market Trend & Industry Dynamics - Gemini, a crypto exchange owned by Winklevoss, files for Nasdaq listing [1] - The ticker symbol for Gemini's Nasdaq listing will be "GEMI" [1]

Gemini, the crypto exchange founded by Tyler and Cameron Winklevoss, has filed with the SEC to go public. Here are the first details. https://t.co/EHM3WWl0ps ...

COMMENT: BtcTurk said its cold wallets are secure and user balances remain intact.BSCN (@BSCNews):THE $48M BTCTURK HACK: WHAT WE KNOW- BtcTurk, one of Turkey’s largest crypto exchanges, has been hit by a $48M theft targeting its hot wallets, per blockchain security firm Cyvers.- The breach, detected on Aug. 14, forced the exchange to halt all crypto deposits and https://t.co/2FBpzfzf5a ...

🚨UPDATE: Coinbase has completed the acquisition of Deribit, the world's largest crypto options trading platform by volume for $2.9B. https://t.co/IPyPUEyUk1 ...

THE $48M BTCTURK HACK: WHAT WE KNOW- BtcTurk, one of Turkey’s largest crypto exchanges, has been hit by a $48M theft targeting its hot wallets, per blockchain security firm Cyvers.- The breach, detected on Aug. 14, forced the exchange to halt all crypto deposits and withdrawals. Trading and Turkish Lira transactions continue.- Blockchain security firm Cyvers says the attacker moved funds across Ethereum, Avalanche, Arbitrum, Base, Optimism, Mantle, and Polygon.- Most assets landed in two addresses, where th ...

Acquisition & Strategy - Coinbase finalizes acquisition of Deribit, aiming to become the most comprehensive global crypto derivatives platform [1] - The acquisition enables Coinbase to offer a complete range of trading products: spot, futures, perpetuals, and options on one platform [2] - Coinbase aims to strengthen its position against global competition in the derivatives market by integrating Deribit's infrastructure and user base [4] - The acquisition boosts Coinbase's ability to scale globally, offering deeper liquidity and broader participation in international markets [2] - Coinbase sees this as an opportunity to lead the next wave of innovation in the derivatives space [3] Deribit's Performance - Deribit experienced a record-breaking month in July 2025, with trading volumes surpassing $185 billion and approximately $60 billion in open interest [1][2] - Deribit generated more than $30 million in transaction revenue in July 2025 [3] Financial Impact - Deribit is expected to add approximately $10 million to Coinbase's technology, development, and administrative costs in Q3 2025, excluding deal-related amortization [4] - Coinbase anticipates that Deribit will be Adjusted EBITDA accretive immediately after the deal closes [4] - Coinbase's Q3 2025 results will include Deribit's contribution from August 14 to September 30, indicating a significant revenue opportunity [3]

Crypto exchange Gemini launches wallet and onchain dashboard for trading and investing https://t.co/yPh0369NDX ...

Customer Service - Kraken's customer service is considered exceptional within the crypto exchange landscape [1] - The crypto industry generally lacks exchanges with decent customer service [1] - Kraken is setting a high standard for customer service in the crypto exchange sector [1]

Security Incident - BtcTurk, Turkey's oldest crypto exchange, experienced unusual outflows amounting to $48 million [1] - The exchange has halted deposits and withdrawals following the incident [1]