Tag: crypto exchanges
All news related to cryptocurrency exchanges, the trading platforms where users can trade their digital assets.
Crypto Bank SEBA Granted Hong Kong Regulator’s Approval
Reading Time: < 1 minuteSEBA Bank, a Switzerland-based licensed cryptocurrency bank, has been granted in-principle approval by the SFC to carry out digital asset-related activities in Hong Kong.
South Korean Exchanges Forced to Keep Reserves of at Least $2.3M
Reading Time: < 1 minuteThe Banking Federation of South Korea (KFB) has mandated that cryptocurrency exchanges must maintain at least $2.26 million in reserves in a bank account, starting in September 2023.
CoinSwitch Lays Off Third of Employees from its Support Team
Reading Time: < 1 minuteCoinSwitch, an India-based cryptocurrency exchange, has laid off 44 of its 126 customer service department employees.
Binance Launches a Solution for Institutional Clients
Reading Time: < 1 minuteBinance has launched the MirrorX OTC settlement solution.
Coinbase Might Cooperate with Largest Canadian Banks
Reading Time: < 1 minuteLucas Matheson, who is in charge of Coinbase’s business expansion, has recently confirmed that his team is engaging in negotiations with the largest banks in Canada.
Binance Abandons Sberbank and Tinkoff Names
Reading Time: < 1 minuteBinance, which has an internal peer-to-peer platform, had replaced the Sberbank and Tinkoff card names with “green” and “yellow” respectively.
Bitget Announces Introduction of Mandatory KYC
Reading Time: < 1 minuteBeginning on September 1, cryptocurrency exchange Bitget is modifying its requirements for KYC verification.
Mantle Stops Token Migration Due to FTX
Reading Time: < 1 minuteThe BitDAO and L2 project Mantle Network announced in May a merger to create a single ecosystem under the BitDAO brand.
BitGo Raises $100M
Reading Time: < 1 minuteCrypto custodian BitGo has recently announced the closure of a $100 million funding round, which valued the company at $1.75 billion.
Upbit Suspends CRV Deposits and Withdrawals
Reading Time: < 1 minuteUpbit has suspended deposits and withdrawals for Curve Finance’s token, CRV, after a reentrancy vulnerability was identified in some of its associated stablecoin pools.
Sam Bankman-Fried is Linked to BALD Meme-Token Project
Reading Time: < 1 minuteAdam Cochran, partner at CEHV fund, and other experts concluded that Sam Bankman-Fried (SBF) or someone from the Alameda Research team is likely behind the BALD meme token project.
Binance Gets License to Operate as a Crypto Exchange in Dubai
Reading Time: < 1 minuteBinance FZE, a subsidiary of Binance, has been granted a basic operating license by Dubai’s local regulator VARA.
Coinbase Announces Plans to Buy Back Part of $1B Bonds
Reading Time: < 1 minuteCoinbase is looking to repurchase a portion of its $1 billion bonds from investors at a premium.
Chancer Announces BitMart Exchange Listing as Presale Races Past $1m Mark
Reading Time: 2 minutesLondon, United Kingdom, August 7th, 2023, Chainwire Chancer, one of the most exciting new crypto projects in 2023, has raced past the significant $1 million fundraising milestone. This coincides with […]
Nigeria Says Binance’s Activities Are Illegal
Reading Time: < 1 minuteThe Nigerian Securities and Exchange Commission (SEC) has issued a warning to the Binance cryptocurrency exchange, stating that it is operating illegally in the country.
DEX PancakeSwap to Distribute Fee Income Among CAKE Stakers
Reading Time: < 1 minutePancakeSwap has announced that beginning August 9, holders of CAKE tokens can earn a 5% return from trading fees of the protocol.
OKX Releases Industry Leading 9th Consecutive Proof of Reserves in July, Showing USD$11.3 billion in Primary Assets
Reading Time: 2 minutesHONG KONG, HONG KONG, July 26th, 2023, Chainwire OKX, a leading crypto exchange by trading volume and Web3 technology company, has published its industry-best ninth consecutive monthly Proof of Reserves […]
US Accuses Former FTX CEO of Providing Media with Materials of Caroline Ellison’s Diary
Reading Time: < 1 minuteThe US Department of Justice has accused Sam Bankman-Fried (SBF) of transferring personal records of ex-Alameda Research CEO, Caroline Ellison, to journalists as an attempt to discredit her in court.
Users Accused of Laundering BTC Stolen from Bitfinex Will Plead Guilty
Reading Time: < 1 minuteA couple from New York has agreed to plead guilty to laundering billions of dollars worth of Bitcoin connected to the 2016 Bitfinex hack.
Crypto Exchange FTX Wants to Receive a $71M Refund from Charities
Reading Time: < 1 minuteThe FTX Foundation, a charitable arm of the group of companies, and Latona, a fictitious non-profit organization registered in the Bahamas, were a target of litigation by the crypto exchange.
Bitfinex: Crypto Miners Feel Optimistic Regarding BTC
Reading Time: < 1 minuteMining companies of BTC have been employing new strategies to reduce risks, as evidenced by recent records of large amounts of Bitcoin being sent to exchanges.
Number of Kraken Users Increases x5
Reading Time: < 1 minuteKraken’s share of the US crypto market has more than doubled in 18 months due to the bankruptcy of FTX in November and lawsuits against Binance and Coinbase in July 2023.
Uniswap Labs Launches its Liquidity Aggregator UniswapX
Reading Time: < 1 minuteUniswap Labs has recently launched UniswapX, its open-source liquidity aggregation protocol in beta mode on Ethereum.
Ark Invest Sold Almost 500,000 Coinbase Shares Last Week
Reading Time: < 1 minuteLast week, Cathy Wood’s asset management firm, Ark Invest, sold off almost 500,000 shares of the crypto company Coinbase which earned them an impressive $53 million.
Indonesia Will Launch a National Crypto Exchange This Month
Reading Time: < 1 minuteThe Indonesian Commodity Futures Trading Regulatory Agency announced in January that a national cryptocurrency exchange is slated for completion in 2023.
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