Coinbase reached a $100 million settlement with the New York Department of Financial Services following investigations into failures in its compliance program. The NYDFS fined Coinbase $50 milli...
Tag: Exchanges
Top exchanges to swap rare coins without limitations
SPONSORED POST* The cryptocurrency market is very dynamic in every possible sense of the word. In addition to the extreme simultaneous volatility of reputable cryptocurrencies, it is worth mentioning ...
BUSD worth $6.2B withdrawn from exchanges in 30 days
In the last 30 days, $6.2 billion worth of BinanceUSD (BUSD) was withdrawn from exchanges, according to Glassnode data as analyzed by CryptoSlate. The chart below represents the exchange net position ...
Bahamas regulator fires back in ongoing feud with new FTX leadership
Heated exchanges between authorities in The Bahamas and FTX’s new management have spilled over into the new year. The Securities Commission of The Bahamas (SCB) released a statement late on Jan....
Vitalik Buterin prefers Coinbase over other exchanges, analysis shows
Ethereum (ETH) co-founder Vitalik Buterin almost exclusively deposits to Coinbase, sending orders of magnitude less to other crypto exchanges. Buterin deposited $1.08 billion to centralized crypto exc...
Decentralized Think Tank Publishes Industry Update Regarding The Future of Cyber Security for Blockchain Exchanges
LONDON–(BUSINESS WIRE)–$CGG #confidentialcomputing–Following the recent FTX debacle, The Decentralized Think Tank released an industry update on the topic of cyber security for crypto exchanges. The r...
Crypto exchanges finish 2022 with the lowest volumes in two years
Crypto exchange trading volumes finished off 2022 at the lowest level in two years, according to The Block’s Data Dashboard. Source: Cryptocompare The seven day moving a...
Bankrupt Crypto Exchange FTX to Start Letting Customers in Japan Withdraw Funds – Exchanges Bitcoin News
FTX customers in Japan will soon be able to withdraw their funds that are currently frozen due to the bankruptcy process. Two FTX-owned crypto exchanges, FTX Japan and Liquid, are developing a system ...
Nic Carter examines recent crypto proof-of-reserves, ranks exchanges
The narratives around proof-of-reserves have become more pronounced in the wake of the FTX collapse. Nic Carter, a well-known bitcoin advocate and Coin Metrics co-founder, ranked the attestations made...
Philippines SEC Cautions Against Unregistered Crypto Exchanges
55 seconds ago | 2 mins read Exchange News SEC strongly cautioned the public not to interact with unregistered crypto exchanges. Philippine law mandates company registration before doing business in t...
FTX Debtors will seek return of crypto held by Bahamas regulator
FTX Trading and its affiliated debtors said Friday that they would seek the return of crypto controlled by the Securities Commission of the Bahamas to their chapter 11 estates for the benefit of credi...
Binance.US deal with Voyager may fall under federal committee review
An agreement between Binance.US and bankrupt crypto lender Voyager Digital may be subject to review by the Committee on Foreign Investment in the United States (CFIUS), court filings showed. The...
FTX-owned Liquid announces plan to return customer funds
Liquid, a Japanese fintech firm owned by FTX, has released a plan on how the firm will return assets to customers. The return process will be specific to users who have FTX Japan and Liquid Jap...
FTX Faces Class-Action Lawsuit from Customers Who Claim Right Over Exchange’s Assets
The plaintiffs have argued that the customers of FTX have the first right over the exchange’s frozen funds, in an attempt to get their money back. The collapse of the crypto exchange FTX-led to more t...
over 70% transactions on unregulated exchanges are fake
A recent study by NBER revealed that users on unregulated crypto exchanges engage in wash trading. The issue of wash trading in the crypto industry was addressed in a research report titled “Crypto Wa...
Kraken Shutting Down Crypto Exchange in Japan Citing Weak Global Crypto Market – Exchanges Bitcoin News
Cryptocurrency exchange Kraken is shutting down services in Japan. The company explained that the current Japanese market conditions and a weak global crypto market do not justify the resources needed...
What Would Crypto Look Like Without Centralized Exchanges Like FTX?
Whether the politicians currently talking tough about the latest crypto crisis agree or not on the matter, crypto isn’t dead (yet). Or at least the crypto that exists outside of a particular three-let...
Binance warns about 3Commas API leak, says users should disable keys
Binance CEO Changpeng Zhao said he’s “reasonably sure” there were “wide spread API key leaks” from trading-bot platform 3Commas after fresh speculation about an October i...
Crypto trading volume on spot exchanges fell by 54% in 2022
The trade volume reported by the biggest centralized crypto exchanges in 2022 was just over $10 trillion, a figure more than twice as low as recorded in 2021. Crypto exchanges trading volumes decline,...
Gemini, Winklevoss twins facing potential class action from investors
The Winklevoss twins and their Gemini Trust Co. are facing a potential class action lawsuit for failing to register its interest-bearing accounts as securities. Investors accused the company and...
Philippine Regulator Warns Against Using Unlicensed Cryptocurrency Exchanges Following FTX Collapse – Regulation Bitcoin News
The Philippine Securities and Exchange Commission (SEC) has advised investors against transacting with unlicensed cryptocurrency exchanges. The warning followed the collapse of crypto exchange FTX whi...
Ethereum Censorship is Growing by ETH Staking on top Exchanges
67% of new blocks on Ethereum post-merge are OFAC compliant. Censoring MEV relays used by exchanges is harming neutrality. This compliance and censorship are hindering the goal of Ethereum of open ...
Trading volume on Indian crypto exchanges cratered in 2022
Indian crypto exchanges suffered extremely badly during the crypto bear market of 2022. Trading volume on WazirX fell a massive 97% over the year. Severe drop in trading volumes According to an articl...
Sam Bankman-Fried criminal case assigned to new judge: Reuters
The criminal case against former FTX CEO Sam Bankman-Fried was reassigned to U.S. Judge Lewis Kaplan after U.S. District Judge Ronnie Abrams recused herself on Friday, Reuters reported, citing a court...
More Than $19 Billion in BTC, ETH, Stablecoins Left Exchanges Since the Onset of FTX’s Collapse – Bitcoin News
For more than 50 days or since Nov. 5, 2022, bitcoin, ethereum, and stablecoin owners removed roughly $19.19 billion in crypto assets from centralized exchanges. Between Nov. 5 to Dec. 26, roughly 356...
Crypto.com promotes COO to president as exchanges face scrutiny
Crypto.com promoted COO Eric Anziani to President as the industry grapples with scrutiny over the health of crypto exchanges. Anziani will oversee operations, including customer experience, onb...
Philippine SEC warns against unlicensed crypto exchanges amid FTX collapse
After the height of the FTX collapse, the Philippine government warned investors within the country about using unlicensed crypto exchanges. The Securities and Exchanges Commission (SEC) in the Phili...