Some hedge funds were able to weather the storm and remain solvent despite being adversely affected by the failure of the FTX exchange, while others were forced to make the decision to liquidate their...
Tag: Exchange
Huobi to Establish Crypto Exchange in Hong Kong, Applies for License, HT Token Is Up
Huobi saw its native token value surge on news that it had applied for a crypto trading license in Hong Kong. Huobi token (HT) has experienced an 18% surge following Huobi’s application for a crypto ...
Top Singapore Exchange Adds Floki Inu (FLOKI)
Singapore-based Top Derivatives Global Crypto Exchange, Phemex, adds support for Floki Inu (FLOKI). Phemex has added three new USDT-margined linear contract trading pairs to its platform. The new trad...
Institutional Crypto Firms Accumulating Large Amounts of Ethereum-Based Decentralized Exchange Token: On-Chain Data
Two crypto firms are scooping up large amounts of one fast-rising decentralized exchange (DEX) token, according to on-chain data from the Arbitrum blockchain. According to blockchain tracker LookOnCha...
Huobi Token gains 24% as the exchange says it will operate in Hong Kong
Huobi’s exchange token experienced significant gains on Feb. 21. Huobi Token (HT) saw a 23.7% increase in value over 24 hours. At 1:20 a.m. UTC, the cryptocurrency was priced at $6.33, its highe...
Huobi seeking Hong Kong license to launch local exchange
Huobi is taking steps to gain approval from Hong Kong regulators to operate in the city, and also establish a local subsidiary that will cater to institutional investors. Huobi looking to service Hong...
UAE-Based Joyalukkas Exchange Announce Partnership With Ripple
Joyalukkas Exchange’s GM Punnoose Mathew announced a partnership with Ripple. The collab will enable affordable cross-border payments, instant settlement, and continuous liquidity access with XRP’s On...
Crypto exchange FTX Japan to resume withdrawals on Feb. 21
According to a press release on Feb. 20, FTX Japan, the Japanese subsidiary of troubled cryptocurrency exchange FTX, announced that the withdrawal of users’ fiat currency and crypto assets would comme...
Public feedback on the SFC’s proposed cryptocurrency exchange licensing regime
The Securities and Futures Commission (SFC) in Hong Kong is seeking comment from the general public on its most recent proposed licensing framework for cryptocurrency exchanges. The SFC has asked for ...
Huobi Global Plans to Launch Local Exchange in Hong Kong
As Hong Kong regulators seek to re-establish the region as the crypto hub of Asia, market players are now making a move. In the latest development, Justin Sun’s Huobi Global announced that it has appl...
Crypto Exchange OKX Releases February Proof-of-Reserves Report
3 hours ago | 2 mins read Exchange News Report shows that OKX is over-collateralized, with reserve ratios of 104% for bitcoin (BTC). The exchange disclosed in January that it had $7.5 billion in clean...
JPEX ｜What are the functions and discounts of JPEX Exchange? Perfect asset holdings!
Despite the ongoing bear market, the JPEX exchange continues to expand its territories of operations, and constantly upgrades and optimizes its website functions so that desktop and mobile users can e...
Hedge fund closes operations after losing funds in FTX exchange: Report
Hedge fund Galois Capital, one of the victims of the FTX collapse, has thrown in the towel after half of its assets got trapped in the bankrupt exchange. The fund has finally decided to shut down and ...
Southeast Asia’s Largest Bank DBS Sees 80% Increase in Bitcoin Trading Volume on Its Crypto Exchange – Featured Bitcoin News
The largest bank in Southeast Asia, DBS, has revealed that bitcoin trading volume on its cryptocurrency exchange jumped 80% in 2022 while ether trading volume surged 65%. “We believe that the market h...
FTX Warns Community of Phony ‘Debt Tokens’ and Scams Claiming to Be Affiliated With the Bankrupt Exchange – Bitcoin News
On Friday, debtors who control the official FTX Twitter account warned the community to “be on alert for scams from entities claiming to be affiliated with FTX.” They also noted that neither FTX debto...
Nigerian Crypto Payment Gateway Fluidcoins Acquired by Seychelles-Based Crypto Exchange – Africa Bitcoin News
The Nigerian crypto payment gateway Fluidcoins was recently bought for an undisclosed sum by Blockfinex, in a deal which the former’s CEO Lanre Adenowo described as an “acquihire deal.” Blockfinex rep...
JPEX Cryptocurrency Exchange Improves Technical Efficiency to Boost User Satisfaction
Advertisement     Renowned Dubai-based cryptocurrency trading platform JPEX is on the move to up its crypto game as it continues to deploy necessary measures to expand...
Binance CEO says crypto exchange will withdraw from potential US investments
As US financial regulators intensify their crackdown on crypto companies, Binance CEO Changpeng “CZ” Zhao has stated that his company will hold off on plans for prospective investments in the country....
This Dogecoin (DOGE) Offshoot Is Set to Land on Poloniex Exchange
Alex Dovbnya BabyDoge (BABYDOGE) is a spinoff of the popular meme coin Dogecoin and has gained a significant following on social media platforms like Twitter and Reddit Poloniex, a popular cryptocurre...
Crypto Gaming United (CGU) Is Now Available for Trading on LBank Exchange
Road Town, BVI, 18th February, 2023, Chainwire LBank Exchange, a global digital asset trading platform, listed Crypto Gaming United (CGU) on February 16, 2023. For all users of LBank Exchange, the CGU...
Binance-SEC: the exchange move to TrueUSD
The exchange Binance has recently been in the news for minting 50 million units of the TrueUSD stablecoin after the US Securities and Exchange Commission (SEC) ordered it to stop issuing the BUSD stab...
Global Crypto Exchange Koinbazar Will Soon Rebrand to “KoinBX”
Koinbazar, a global crypto exchange where users can buy, sell, and trade crypto, will rebrand to “KoinBX” on Feb 19, 2023. The project’s new look is meant to reflect upcoming features of the exchange ...