According to reports from the crypto industry, Dunamu — the South Korean company that runs the Upbit exchange, has been prohibiting family members of its executives and employees from trading cryptocu...
Tag: Exchanges
FTSE Russell to introduce 8 new digital asset indexes
Data and analytics firm FTSE Russell, which is owned by the London Stock Exchange Group, is rolling out a market cap index series covering the investable digital asset market. It includes eight ...
Coin Bureau Host Predicts Centralized Crypto Exchanges Will Be Displaced in Coming Years
A popular crypto analyst thinks decentralized exchanges (DEXs) will take over crypto in the wake of the recent FTX collapse that spurred fears about centralized exchange (CEX) transparency. Despite hi...
Crypto Exchange Bitfront Shuts Down Amid Industry Challenges – Exchanges Bitcoin News
Cryptocurrency exchange Bitfront has announced its intention to cease operations in the coming months, citing challenges facing the industry. The U.S. trading platform, backed by Japan’s social media ...
Bitcoin On Exchanges Keeps Sliding, 1 Million BTC Pulled From These Platforms
Bitcoin is trending sideways in its current range, the cryptocurrency managed to prevent a fresh assault from the bears, but uncertainty remains strong in the market. This status quo supports the pric...
Senior Senate Democrat wants crypto exchange info after FTX collapse
Senate Finance Committee Chair Ron Wyden, D-Ore., wants information on how large crypto exchanges conduct business, including whether they use customer funds for undisclosed purposes, following the co...
Millions of XRP Shoveled to Ripple ODL Exchanges, Here’s Who’s Behind This
Yuri Molchan Nearly 90 million XRP have been moved to these ODL platforms of Ripple Contents Whales move 85 million to Ripple’s ODL platforms XRP remains in top 10, despite long-standing lawsuit...
Exchanges dismiss rumors of insolvency amid rampant speculation
BlockFi became the latest platform to succumb to crypto contagion, filing for Chapter 11 bankruptcy on Nov. 28. Weeks before, after FTX had also filed for bankruptcy, BlockFi issued a statement saying...
Qredo-incubated hybrid crypto exchange breaks cover: Exclusive
Ankex, a new hybrid crypto exchange incubated by DeFi infrastructure firm Qredo, announced its launch today. Qredo builds decentralized tools that help DeFi outfits with settlement, custody an...
Kaiko launches market data product tracking Aave, Compound and MakerDAO: Exclusive
Crypto data firm Kaiko announced the launch of a product tracking market data for DeFi lending and borrowing protocols on Ethereum. The Paris-based firm’s new data product will track Aave,...
Silvergate Capital reports less than $20 million in BlockFi deposit exposure
Crypto bank Silvergate Capital said that less than $20 million of its total deposits from crypto customers come from lender BlockFi, adding that it has “minimal” exposure to the company no...
The Block: Crypto bankruptcy filings: From 3AC to BlockFi
Just as the aftermath of the Terra crash in May triggered the downfall of some of the biggest crypto companies over the past six months, FTX’s unraveling may kick off a new wave of bankruptcy fi...
Kevin O’Leary Reveals How He Almost Secured $8 Billion to Rescue FTX Before It Collapsed – Exchanges Bitcoin News
Shark Tank star Kevin O’Leary, aka Mr. Wonderful, has shared how he and Sam Bankman-Fried (SBF) almost raised $8 billion from institutional investors to save crypto exchange FTX before it collapsed. H...
FTX making non-U.S. vendor payments, depositing salaries
FTX Trading and approximately 101 additional affiliated companies said most subsidiaries are resuming ordinary course payments of salaries to employees worldwide and ordinary course payments to certai...
Lummis casts doubt on Bankman-Fried-backed bill, plugs own solutions
In light of the FTX collapse, Sen. Cynthia Lummis, R-Wyo., sees a brighter future for her signature crypto legislation in the next congressional session. While noting that little action in Congr...
Ready to trade? Fidelity finally opens retail crypto accounts
Fidelity has opened up retail crypto trading accounts after first announcing a waiting list earlier this month. “The wait is over,” the investment powerhouse said in an email Monday ...
Crypto Exchanges Bitfront, AAX Suspend Services Amid FTX Contagion
Crypto exchange Bitfront founded by social media giant LINE on Monday announced shutting down the crypto exchange due to facing challenges in the crypto industry. Users can withdraw their crypto asset...
Bankruptcy experts weigh in on next steps for FTX
Episode 118 of Season 4 of The Scoop was recorded live with The Block’s Frank Chaparro, Dan Besikof, a Partner at Loeb & Loeb, and Mark Shapiro, a Partner at Shearman & Sterling. L...
Nigerian Crypto Exchange Quidax Cuts Its Workforce by 20% – Exchanges Bitcoin News
As it reels from the effects of what it termed a global economic downturn, the Nigerian digital asset exchange platform, Quidax, recently said it had laid off employees who constituted 20% of its work...
Staggering $2,800,000,000 in Bitcoin (BTC) Has Exited Crypto Exchanges in Just One Month: Glassnode
Leading analytics firm Glassnode reveals that crypto exchanges are witnessing a massive exodus of Bitcoin as BTC holders take the initiative to self-custody their coins. According to Glassnode’s Bitco...
A ‘false messiah’ captivated crypto, Jump’s Kariya says in FTX tweetstorm
Jump Crypto’s president Kanav Kariya says a “false messiah captivated an audience broader than ever before,” alluding to FTX’s disgraced ex-CEO Sam Bankman-Fried and speaking a...
Kraken’s Jesse Powell Says He’ll Call Out Problems in Crypto, Weighs In on Exchanges Showing Proof of Reserves
Kraken founder and former chief executive Jesse Powell says he’s looking to publicly point out problems in the crypto space, starting with the issue of exchanges sharing their proof of reserves. Follo...
What Does the Future Hold for Decentralized Exchanges and tokens like Fantom (FTM), Enjin Coin (ENJ) and Orbeon Protocol (ORBN)?
Place/Date: – November 27th, 2022 at 11:39 am UTC · 4 min read Source: Orbeon Protocol When a decentralized exchange model is compared to an on-chain model like Coinbase or Bitfinex, there are s...
Are BTC HODLers losing faith in exchanges? Recent data suggests…
Bitcoin HODLers remove their BTC from exchanges Miners continue to face pressure; however, retail and whale investors start showing an interest in BTC Santiment, in a new tweet dated 27 November, stat...
Investors Have Lost Faith in Crypto Exchanges. JPMorgan Sees an Opportunity.
A string of crypto business failures has stranded millions of dollars in customer funds this year, underscoring the level of trust needed for groups that are custodians of digital assets. JPMorgan Cha...
179K BTC Left Exchanges In last 30 Days; Time To Buy The Dip?
The global digital asset market is trading under spiked selling pressure as the volatility increases. The world’s largest cryptocurrency, Bitcoin price has dropped by over 20% over the past 30 days. H...
Uzbekistan Strengths Crypto Regulations, Issues Licenses To Exchanges
Uzbekistan regulators have begun giving local crypto service providers regulatory permits as they are poised to implement a new cryptocurrency framework for the country in 2023. According to a declara...
Singapore Regulator Explains Action Against Binance vs FTX — Warns Even Licensed Crypto Exchanges Can Fail – Regulation Bitcoin News
The Monetary Authority of Singapore (MAS), the regulator overseeing the crypto sector, has defended the action it took against crypto exchange Binance and not the collapsed crypto platform FTX. The ce...
10,000 Bitcoin Withdrawn From Wallet of Defunct Crypto Exchange Wex, Former BTC-e – Exchanges Bitcoin News
A large amount of cryptocurrency kept in a wallet associated with crypto exchange Wex, successor of the infamous trading platform run by alleged money launderer Alexander Vinnik, has moved for the fir...
Argentina’s Ripio sets up shop in Florida in first U.S. move
Ripio, a Buenos Aires-based crypto exchange, is opening in Florida — its first foray into the U.S. The firm, which has 4.5 million users and is going on a decade in business, has received regula...