Bitso, a Latam-focused cryptocurrency exchange, has partnered with chat-based payments provider Felix Pagos in order to offer Whatsapp-integrated remittances. The objective of this partnership is to p...
Tag: Exchanges
Do not keep money on exchanges: Paxful CEO.
Paxful CEO Ray Youssef advises not to keep money on exchanges, only keep the tradable amount. Instead, go for self-custody. Paxful to remove Ether from its exchange. SBF might start a new business to ...
BTC on exchanges falls to new lows since 2018
Less than 12% of the current Bitcoin (BTC) supply is held on exchanges, marking a new low since January 2018, according to Glassnode data analyzed by CryptoSlate. The chart below demonstrates the BTC ...
Coinbase CEO says market fear and volatility are a ‘moment to shine’
With Coinbase’s shares are at an all-time low, CEO Brian Armstrong sent out a memo to staff reassuring them that unlike other struggling or failed crypto exchanges, their company would persevere...
Bankman-Fried denied bail, remanded to custody in the Bahamas: Reuters
Sam Bankman-Fried is headed to jail after a magistrate judge in the Bahamas denied his bail application and remanded him to the Department of Corrections, Reuters said. The disgraced former CEO of FT...
FTX stored private keys without encryption, the exchange’s new chief said
FTX previously stored private keys to crypto wallets without encryption during Sam Bankman Fried’s reign, leaving “hundreds of millions of dollars” vulnerable to theft or other malic...
Here are the top five exchanges that are alternatives to Binance
Binance is the most popular cryptocurrency exchange platform in the world and is also regarded as one of the most secure. It is utilized on a massive scale in every region of the world, and it continu...
Canada Issues New Stringent Guidelines For Crypto Exchanges
27 seconds ago | 2 mins read Exchange News The regulator requires firms to keep their customers’ assets separate from their own. Exchanges will have to comply with prohibition on margin and leverage t...
Santander Is Ending All Payments to Crypto Exchanges
Santander – a UK-based financial institution – has announced it’s not going to allow any crypto exchange payments beginning in 2023. Thus, anyone who has a crypto wallet tied to their traditional bank...
Sam Bankman-Fried charged with fraud over FTX collapse
Sam Bankman-Fried was charged with fraud by the U.S. Securities and Exchange Commission over the collapse of FTX, the crypto exchange he founded. The former CEO was charged with “orchestr...
Paxful Discourages Users from using centralized exchanges
Ray Youssef, CEO and co-founder of Paxful, has asked investors on centralized crypto exchanges to withdraw their holdings. Youssef also revealed contentious measures the exchange will take in the afte...
Paxful CEO Warns Investors To Not Leave Their Bitcoin On Exchanges
The need for bitcoin and crypto investors to move their holdings to self-custody has been amplified by the collapse of the FTX crypto exchange. Investors are understandably wary of the centralized exc...
Proof-of-Liabilities of crypto exchanges under lens: Distrust prevails for Mazars.
Mazars is an auditing firm that is a favorite for crypto exchange audits. However, its POR audits are questioned by investors. Mazars is known to pick up risky audits, which its peers quit. Since t...
Sam Bankman-Fried arrested in the Bahamas
Sam Bankman-Fried was detained in The Bahamas, according to a statement from the Office of the Attorney General & Ministry of Legal Affairs that was distributed by local press. The arrest fo...
Bahamas regulators investigate FTX client withdrawals: Bloomberg
Whether or not FTX executives played a role in client withdrawals that took place after the exchange saw its assets frozen is now under investigation by Bahamian authorities, Bloomberg News reported, ...
Paxful CEO tells customers to get their bitcoin off its platform
The CEO of the peer-to-peer bitcoin trading platform Paxful Ray Youssef told customers to get their bitcoin off the platform and move it into self-custody. Youssef cited the collapse of Sam Ban...
Coinbase law enforcement requests jumped 66% over the past year
Coinbase received 12,320 law enforcement requests for the year through Sept. 30, a 66% increase. The majority, 43%, of requests came from the U.S., followed by the UK, Germany and Spain, accordi...
Cryptowisser: 51 Crypto Exchanges Dead in 2022
press release PRESS RELEASE. Cryptowisser, a leading Crypto service comparison website, announces the launch of its annual Crypto exchange graveyard for 2022. This list is the only comprehensive datab...
Bitcoin will find its real price if major crypto exchanges fail, investor says
Former Brighterscope CEO Mike Alfred believes that paper Bitcoin (BTC) trading is what’s keeping the cryptocurrency’s current dollar price in place. “Counterfeit bitcoin” In a Dec. 12 tweet, the self-...
U.S. Justice Department weighs charging Binance and its executives: Reuters
The U.S. Justice Department is continuing to weigh up charging crypto exchange giant Binance for possible money laundering and criminal sanctions violations, according to Reuters. It is also l...
Crypto Exchange Bybit to Add New Restrictions for Unverified Users, Update Withdrawal Limits – Exchanges Bitcoin News
Cryptocurrency exchange Bybit has announced upcoming changes to its know-your-customer (KYC) policy that will limit certain operations for unverified customers. The stricter requirements concern coin ...
P2P crypto exchange Paxful against keeping savings on exchanges
Ray Youssef — CEO of major peer-to-peer (P2P) Paxful — advises the public to avoid keeping their savings on cryptocurrency exchanges. In a Dec. 12 tweet, Youssef announced that every week Paxful will ...
Investors pull crypto from exchanges at record rate
After seeing several centralised exchanges compromised, and with safety and security in mind, investors are pulling their crypto off of exchanges at a record rate. The crypto flight to safer venues i...
Research Shows Centralized Exchanges Saw the Most Visits This Year From Americans, Koreans, Russians – Coinotizia
Residents of the United States, South Korea and the Russian Federation have been the most frequent users of centralized exchanges this year, according to a new study. The finding comes after the spect...
Research Shows Centralized Exchanges Saw the Most Visits This Year From Americans, Koreans, Russians – Exchanges Bitcoin News
Residents of the United States, South Korea and the Russian Federation have been the most frequent users of centralized exchanges this year, according to a new study. The finding comes after the spect...
This Week XRP Whales Moved Millions of Tokens to Exchanges and Unknown Wallets – Altcoins Bitcoin News
During the past 30 days, the crypto asset xrp has gained more than 17% in value against the U.S. dollar. Meanwhile, the crypto community has been noticing significant xrp whale movements during the pa...
Caroline Ellison hires former SEC crypto regulator as lawyer for FTX probe: Bloomberg
Former Alameda Research head Caroline Ellison hired a former crypto regulator at the U.S. Securities and Exchange Commission to represent her in an ongoing federal probe into the collapse of the FTX e...
U.S. prosecutors probing FTX founder Sam Bankman-Fried in potential fraud case: Bloomberg
U.S. prosecutors are probing Sam Bankman-Fried, the disgraced founder of now-bankrupt crypto group FTX, for a potential fraud case against him, Bloomberg reported Friday, citing a person familiar with...
December 2022: What top exchanges published Proof of Reserves so far
FTX went from one of the cryptocurrency exchanges to filing for bankruptcy within a span of a few days. The crypto world was shocked and disappointed after the crash, and more than 1 million FTX users...
Congressional committee confirms SBF as FTX hearing witness
Disgraced FTX founder Sam Bankman-Fried is slated to testify in a congressional hearing on the collapse of the company, the U.S. House of Representatives Committee on Financial Services confirmed. &#...
FT, Bloomberg, NYT and WSJ file suit to make FTX creditors public
The Financial Times, The Wall Street Journal, The New York Times and Bloomberg have filed a suit seeking to unseal who the creditors of the collapsed crypto exchange FTX are. The news organizations wa...