37 seconds ago | 2 mins read Exchange News The country has jumped ahead of the pack in addressing the problem of investor protection. Global regulators have come under fire for failing to safeguard re...
Tag: Exchanges
Mastercard Chief Sees Crypto Market ‘Resetting’ After Crypto Exchange’s Collapse
FTX, the collapsed cryptocurrency exchange platform founded by Sam Bankman-Fried (SBF), may have done more than just wipe the entire crypto market with billions worth of capitalization in just a matte...
Bybit introduces new KYC requirements for P2P trading, fiat deposits and NFT trades
Crypto exchange Bybit will require updated Know-Your-Customer (KYC) verification checks for various products from Dec. 15. Bybit’s one-click buys, fiat deposits and peer-to-peer trading wi...
Hong Kong classes exchanges under a new framework
Hong Kong has announced that it has reviewed its Anti Money Laundering and terrorism financing framework to include assets providers. With this update, assets providers will be subjected to a new fram...
Hong Kong Includes Licensing Regime for Crypto Exchanges in New Legislation
Hong Kong’s legislative council has added a new amendment to the Anti-Money Laundering and Counter-Terrorist Financing (Amendment) Bill 2022 to accommodate the cryptocurrency industry. The legislation...
Hong Kong introduces licenses for crypto exchanges
Hong Kong creates licenses for crypto exchanges, aiming at attracting big industry players to the country. The registration rules will exempt traders with volumes of less than $15,000. Hong Kong embra...
Hong Kong to subject crypto exchanges to the same laws governing TradFi
The legislative council of Hong Kong has amended its anti-money laundering (AML) and counter-terrorist financing (CFT) financing system to include virtual/crypto asset service providers. The legislati...
forensic team hired; US lawmakers investigation into other exchanges
Join Our Telegram channel to stay up to date on breaking news coverage To locate customers’ missing billions, FTX has hired a forensics team According to reports, the new management of the bankrupt cr...
Ethereum users accumulate, this time off exchanges
Ethereum’s user base continues accumulating assets amid the ongoing market downturns while moving coins off exchanges in a climate of distrust towards centralized service providers. According to the o...
Kazakhstan imposes new restrictions on crypto miners and exchanges
Lawmakers in Kazakhstan approve a new bill that requires miners to purchase electricity from the public grid only if there is a surplus and announce a ban on crypto transactions. Miners must buy elect...
Robinhood gaining crypto market share after FTX collapse, CEO says
Robinhood has seen market share increase in the weeks following FTX’s collapse, CEO Vlad Tenev said. The company had no exposure to the now failed exchange. Tenev also said that the 7.6% s...
Coinbase’s Armstrong expects revenue to fall 50% or more, he tells Bloomberg
Coinbase CEO Brian Armstrong said the crypto exchange’s revenue this year will likely be cut in half or more from 2021’s sales number, blaming the state of the industry and shaken investor...
Attackers use name of lead exchanges to target crypto startups
Tech giant Microsoft uncovered an attack targeting crypto startups using a pdf file that uses the names OKX, Binance, and Huobi. The pdf file is titled “OKX, Binance & Huobi VIP fee comparison.xls...
Ethereum balance on exchanges reaches a 4-year low as trust in custodians fades
The amount of Ethereum held in the wallets of centralized exchanges reached a four-year low, as trust in centralized crypto service providers continues to fall following the bankruptcy of FTX. Cryptoc...
Bitcoin transaction volume reaches two-year low while BTC continues to flow off exchanges
Bitcoin transaction volume reaches a two-year low as the market downturn continues resulting in a lower on-chain activity. The seven-day moving average of Bitcoin’s (BTC) transaction volume reached a ...
Analysis of Alameda’s Venture Portfolio
December 6, 2022, 1:47PM EST • 1 min read Quick Take December 6, 2022, Financial Times leaks Alameda’s Venture portfolio Reflects ~$5.3bn in aggregate investments across ~13 investment entities’ Lates...
Chainlink ‘Smart Money’ Might Be Pulling LINK Tokens Off Exchanges to Stake Them
Nansen considers a wallet to be “smart money” if it is “historically profitable,” meaning it meets at least one of several conditions, including: making at least $100,000 by pr...
FTX US insurer Relm ‘confident’ it will remain ‘well-capitalized’
FTX US’s insurance company Relm is “well-capitalized to serve the needs of the industry” following the implosion of FTX Trading, CEO Joseph Ziolkowski said. “On the asset...
How to Secure Your Accounts on Crypto Exchanges? The Guide
Secure Your Accounts: After the recent crash of one of the biggest cryptocurrency exchanges, FTX, investors are concerned about the safety of digital assets. In the case of FTX, investors lost their m...
As crypto winter freezes profits, these exchanges are now left in the cold
Australian crypto exchange Swyftx cuts down workforce by 40% due to the ongoing crypto winter ByBit decides to lay off employees for the second time considering the market scenario The crypto winter t...
Sam Bankman-Fried takes aim at FTX CEO John Ray in new interview
Sam Bankman-Fried is picking a fight with the new CEO of FTX, the crypto exchange he co-founded. The exiled former exchange boss claims FTX CEO John J. Ray III has been icing him out since he to...
2-hour sit-down with Sam Bankman-Fried on the FTX scandal
Episode 121 of Season 4 of The Scoop was recorded remotely with The Block’s Frank Chaparro, and Sam Bankman-Fried, Co-Founder of FTX and Alameda Research. Listen below, and subscribe to Th...
AAX clients storm exchange’s office in Lagos following operational halt
Nigerian customer’s of the crypto exchange AAX reportedly attacked the company’s office in Lagos and harassed its employees, in a response for the recent halt of withdrawals, according to ...
The FTX Crisis Brought Investors To Decentralized Exchanges. Here’s Why They Might Leave.
Andrew Ross Sorkin and Sam Bankman-Fried on stage at the 2022 New York Times DealBook on November … [+] 30, 2022 in New York City. (Photo by Thos Robinson/Getty Images for The New York Times) Ge...
AAX Users Storm Crypto Exchange’s Nigerian Offices, Attack Employees – News Bitcoin News
Nigeria users of the crypto exchange AAX, which suspended withdrawals on Nov. 12, reportedly stormed its offices in Lagos and began assaulting employees. Reports that disgruntled AAX users have harass...
7 Best crypto exchanges in the United States
The cryptocurrency market is one of the most popular in the world, particularly among Generation Z. Crypto exchanges have been the talk of the crypto community for several months. The failure of multi...
SBF says he ‘can only speculate’ about where wired Alameda funds ended up: WSJ
FTX founder and former CEO Sam Bankman-Fried “can only speculate” about what happened to billions in funds after FTX customers wired them to its sister trading firm Alameda Research, he to...
A roundup of crypto exchanges in the aftermath of the FTX crash
Following FTX’s collapse, several crypto exchanges followed suit, while many others still stand tall. Here’s a situation report of crypto exchanges in recent times. Which crypto exchanges will survive...
Ethereum and Tether flow to exchanges while bitcoiners opt for self custody
Ethereum (ETH) and Tether (USDT) keep getting deposited onto centralized exchanges, while Bitcoin (BTC) holders seem to be taking matters into their own hands following the fall of FTX. Data provided ...
US Regulator CFTC Met With Sam Bankman-Fried 10 Times Before Crypto Exchange FTX Collapsed – Exchanges Bitcoin News
The chairman of the Commodity Futures Trading Commission (CFTC) has revealed that he and his team met with Sam Bankman-Fried and other FTX executives 10 times before the crypto exchange filed for bank...
Telegram CEO Aspires to Create Decentralized Exchanges
Blockchain technology brought many vital features but the most crucial of all remained decentralization. However, some people see burgeoning space forgetting its core values and getting prey of increa...
Sam Bankman-Fried should bring ‘candid’ FTX discussions to Congress
A key House lawmaker has an idea for the next stop on Sam Bankman-Fried’s apology tour: Capitol Hill. House Financial Services Committee Chair Maxine Waters lauded Bankman-Fried’s “candid” comm...