U.S. authorities plan to announce an enforcement action against an international crypto entity at noon ET today. Representatives from the FBI, the Office of Foreign Asset Control (OFAC), the Fi...
Tag: Exchanges
Crypto Exchanges Should be Supervised as Banks, Urges Japan’s Financial Regulator
Mamoru Yanase – Deputy Director-General of Japan’s Financial Services Agency (FSA) – urged global watchdogs to impose tougher regulations on the cryptocurrency industry. He believes digital asset exch...
Bitcoin rises slightly as crypto stocks surge in rally led by Coinbase, Hut 8
Bitcoin rose slightly by the U.S. close as crypto-related stocks ended the day largely higher in a rally led by Coinbase and Hut 8. The largest cryptocurrency by market capitalization rose about...
Thailand’s SEC mandates exchanges to establish digital wallet management system
The Securities and Exchange Commission (SEC) of Thailand has mandated digital asset providers to establish a digital wallet management system to ensure the safety of customers’ assets. The SEC o...
Kevin O’Leary Doubles Down on Bitcoin (BTC) Accumulation, Predicts Unregulated Crypto Exchanges ‘Go to Zero’
Venture capitalist Kevin O’Leary is doubling down on crypto markets despite being involved with the collapse of FTX, which he was a paid sponsor of. In a new interview with Kitco, O’Leary reveals his ...
Iran drops a blanket of restrictions on local crypto exchanges
Iranian Cyber Police, also known as FATA, has released a set of restrictions for the local cryptocurrency exchanges, according to Saeed Ghasemi, a crypto reporter at the Persian outlet MihanBlockchain...
Silvergate shares jump in pre-market trading despite loss as bank well-capitalized
Silvergate Capital shares rallied despite the firm’s $1 billion fourth-quarter loss as business is intact, KBW analysts said. Shares in the La Jolla-based bank were trading around $15.60 b...
2022 saw the most amount of Bitcoin withdrawn from exchanges, over 20%
2022 saw the most amount of Bitcoin withdrawn from exchanges, over 20%, which previously beat 2020 that saw over 10% of Bitcoin leaving exchanges. Currently 2.26m Bitcoin sit on exchanges which leaves...
Coinflex says new exchange with 3AC founders won’t use GTX name after Twitter ridicule
Coinflex said that a proposed exchange for trading claims won’t use GTX for its name after a proposal to raise $25 for the project had been widely mocked on Crypto Twitter. “Buildin...
Onchain Researchers Discover $63M in Ethereum From Harmony Bridge Attack Moved, Hackers Attempt to Launder Funds on Major Exchanges – Bitcoin News
On Jan. 15, 2023, onchain researchers discovered that funds stolen during the Harmony bridge attack had been moved. The suspected thieves, who are allegedly associated with the North Korean hacking sy...
Nexo sues Cayman Islands regulator over rejected license
Crypto lending platform Nexo is suing the Cayman Islands regulator for denying the firm a virtual asset license. Nexo, which only last week saw its office in Bulgaria raided by 300 police and ha...
3AC founders Zhu and Davies pitch to raise $25 million for new crypto exchange
Su Zhu and Kyle Davies, the founders of collapsed crypto hedge fund Three Arrows Capital (3AC), are hoping to raise $25 million to start a new crypto exchange called GTX, according to two separate pit...
Aptos (APT) to launch Gran Saga, Cardano (ADA) Trading Volumes on Centralized Exchanges Hit Record Lows, Snowfall Protocol (SNW) to give 1000x gains in 2023
Since inception, Aptos (APT) and Cardano (ADA) have been gaining widespread attention from the crypto community. However, one token that has taken over the market is Snowfall Protocol (SNW). Despite r...
Poland’s Consumer Protection Agency Opens Case Against Cryptocurrency Exchange – Exchanges Bitcoin News
The body ensuring that consumer rights are respected in Poland has initiated proceedings against a crypto exchange falsely claiming to be Polish. The trading platform also misled customers that it was...
China Southern Airlines, China Eastern Airlines to delist from NYSE amid exodus of state-owned enterprises from US exchanges
Two Chinese state airlines announced on Friday they would delist from the New York Stock Exchange (NYSE), adding to a list of state-owned companies withdrawing from US capital markets amid tightened s...
Dash 2 Trade Launches on Five Exchanges — One to Watch in 2023
Join Our Telegram channel to stay up to date on breaking news coverage Dash 2 Trade (D2T) is a one-of-a-kind analytics and social crypto trading platform that offers investors trading signals, forecas...
Stablecoin reserves in centralized exchanges continue to fall after FTX collapse
Gradually, alongside the cryptocurrency industry, stablecoins are growing in strength and popularity. Their growth results from the stability they offer against cryptocurrency volatility. At the momen...
Bitcoin steady above $19,000 at the US close as traditional markets rise
Bitcoin was up o.6% at the close of U.S. markets, trading around $19,460 while traditional markets reversed earlier losses to close higher. The biggest cryptocurrency is up almost 16% over the ...
Scaramucci changes tone on FTX, says it’s clear there was fraud now
Anthony Scaramucci has done a 180 on FTX. “It’s very clear now that there was fraud,” the SkyBridge Capital founder told CNBC. “We’ll, of course, have to let the le...
Gemini, Winklevoss twins hit with new lawsuit seeking class-action status
Crypto exchange Gemini and its co-founders, Tyler and Cameron Winklevoss, were hit with a lawsuit that’s seeking class-action status. The main plaintiff, Joshua Berdugo, invested $13,000 i...
El Salvador Chivo Wallet Programmer Opens Up About Alleged ID Fraud, Tech and Money Laundering Issues – Exchanges Bitcoin News
A Chivo wallet programmer has opened up about the different problems that the flagship cryptocurrency wallet of El Salvador faced during its initial stages. Shaun Overton, who alleges he was hired to ...
FTX gets judge’s approval to start selling LedgerX and other units
Collapse crypto exchange FTX got the judicial green light to begin selling parts of its business, the next step in raising money to repay its more than one million creditors. LedgerX, Embed and ...
Cryptocurrency Exchanges Still Fighting Private Banks for Right to Open Bank Accounts in Chile – Regulation Bitcoin News
The conflict between banks and cryptocurrency exchanges in Chile is still developing, as some banks are reticent to serve this kind of institution. A new report prepared by exchanges reports that most...
Bankruptcy Court Terminates FTX Naming-Rights Agreement for Miami Heat Arena – Exchanges Bitcoin News
A federal bankruptcy court in the U.S. has ended the FTX naming-rights agreement for Miami Heat’s basketball stadium. The sports venue was branded FTX Arena as part of a multi-year, multi-million doll...
SEC charges Gemini and Genesis with unregistered securities offering
The Securities and Exchange Commission charged Genesis Global Capital LLC and Gemini Trust Company LLC for the unregistered offer and sale of securities to retail investors through a Gemini crypto len...
Bitcoin blows past $19,000 for the first time since FTX collapse
Bitcoin surpassed $19,000 for the first time since Nov. 8, when FTX had a tentative deal to sell to Binance. The biggest cryptocurrency rose more than 8% over the past day. Traditional markets a...
Potential Coinsquare and WonderFi merger in advanced talks
Two of Canada’s largest exchanges, Coinsquare and WonderFi, are in advanced merger talks, BNN Bloomberg reported, citing sources. If the deal goes through, the merged company would become...
Crypto players lament sputtering OTC trading as mistrust flourishes post-FTX
The crypto OTC market is sputtering, and that has otherwise high-spirited crypto enthusiasts bummed out. Amid a dramatic backdrop of snow-capped mountains in the Swiss Alps, crypto investors lam...
Alameda liquidators get liquidated on Aave as they try to consolidate funds
Alameda liquidators lost $72,000 on DeFi lending platform Aave after getting liquidated themselves while attempting to recover funds for creditors. The liquidators were trying to close the posit...
Binance Plans 15 Hiring Exchanges Firing Employees
Crypto exchange Binance has decided to conduct a hiring drive amidst the market turmoil, especially when rival exchanges have been laying off employees constantly. The crypto exchange will, or at leas...