Bakkt reported an increase in revenue and expenses in the fourth quarter, driven by another large impairment charge. Revenue came in at $15.6 million, below FactSet estimates of $16 million, but...
Tag: Exchanges
New York sues KuCoin, claims ether is an unregistered security
New York Attorney General Letitia James has sued digital asset exchange KuCoin for violating New York laws governing the trading of securities and commodities, and named ether, among other tokens, as ...
Sam Bankman-Fried may need more time to review ‘substantial’ evidence, lawyers say
Sam Bankman-Fried may request to delay his October trial, his lawyers said in a letter to a federal judge this week. The disgraced FTX founder says he may need more time to review troves of evid...
Coinbase Ventures, Brevan Howard among early backers of compliant DEX Mauve
Violet, which offers compliance and identity infrastructure for decentralized finance, launched its compliance-focused decentralized exchange, Mauve. Coinbase Ventures and Brevan Howard joined t...
These top exchanges say they’re unaffected by Silvergate’s fallout |
Leading cryptocurrency exchanges have moved to reassure their clients that they have not been affected by the collapse of Silvergate Capital, which recently announced that it was closing the bank and ...
Coinflex rebrands to OPNX with Leslie Lamb as CEO of 3AC founders’ latest venture
Coinflex is rebranding to Open Exchange (OPNX), Kyle Davies and Su Zhu’s latest crypto venture. New CEO Leslie Lamb shared the news on LinkedIn. The exchange, intended for trading claims a...
US Crypto Holders Trust Banks and Exchanges for Custody
A recent survey conducted by Paxos has shown that American crypto holders still trust intermediaries such as banks, crypto exchanges, and mobile payment apps to hold their digital assets. The survey, ...
DoJ moves Silk Road bitcoin to new wallets and exchanges
Blockchain data shows that bitcoin related to the Silk Road seizure are moving, and some may have been sent to Coinbase. Bitcoin stored in a US Department of Justice wallet that were seized from darkn...
Crypto Whale Driving Up the Price of Ethereum (ETH)-Based Altcoin As It Withdraws From Exchanges: Onchain-Data
A single crypto whale likely drove up the price of an Ethereum (ETH)-based altcoin on Monday, according to the blockchain-tracking platform Lookonchain. Mask Network (MASK), a project that aims to bri...
Tel Aviv Stock Exchange’s crypto trading proposal a ‘closed-loop system’
When the Tel Aviv Stock Exchange (TASE), the only public stock exchange in Israel, announced that it drafted a proposal for regulation-friendly crypto trading on Feb. 27, it echoed across the crypto i...
3AC founders are back with OPNX exchange’s tokenized bankruptcy claims
Ad Three Arrows co-founder Kyle Davis explained the business model of the soon-to-launch OPNX exchange, sparking skepticism from the crypto community. Davies and Su Zhu met at Columbia University, fou...
A Closer Look at BIT Crypto Exchange’s ADL System
BIT crypto exchange recently launched its own ADL to enrich its account risk control management system. While traders are worried about the forced liquidation brought by this ADL mechanism, BIT claims...
Binance.US gets green light to buy Voyager Digital assets
Binance.US can buy failed crypto lender Voyager Digital’s assets, a federal judge confirmed after a four-day marathon hearing that stretched from last week to this one. Judge Michael Wiles conf...
Grayscale products buoyed following oral arguments in case against the SEC
Grayscale had its day in court, and now the asset manager — and investors in its Grayscale Bitcoin Trust — must await the ruling, which could take three to six months. The asset manager brought...
South Koreans transacted $4.3 billion through illegal crypto exchanges
South Korea has been tightening its regulatory regime towards crypto exchanges, but it seems that some citizens are still engaging in illegal transactions. According to local sources, South Koreans tr...
Retail investors’ habits vary between exchanges when it comes to Bitcoin
Definition Breakdown of the net flow of coins into/out of exchanges by the USD value of the transactions. Quick Take Retail transactions are defined as less than $10,000 (dark green) and less than $10...
Crypto derivatives on the CME reach new milestones amid regulatory uncertainty
Bitcoin and ether derivatives trading volumes in dollar terms continued to climb higher in February. Futures and options trading volume for bitcoin rose by about 13%, and ether’s volumes ...
Coinflex says restructuring plan is approved by Seychelles court
Courts in the Seychelles, where crypto exchange Coinflex is based, approved its restructuring plans on Monday, according to a statement from the company. The court may publish the written order ...
Grayscale’s day in court is nearly here, but a major decision could take time
Grayscale is set to present oral arguments in its case against the U.S. Securities and Exchange Commission on Tuesday. The asset manager brought the case against the regulator for rejecting its ...
FTX sues Grayscale and DCG, citing ‘exorbitant’ fees
Collapsed crypto exchange FTX filed a lawsuit against Grayscale Investment, citing mismanagement of the firm as evidence that it was in violation of Trust agreements. The FTX debtors also filed ...
Massive Stablecoins Flew into the Exchanges, Is the Market Preparing for A Fresh Bull Run?
The stablecoin dominance has increased drastically in recent times which has also impacted circulation. Recently, the supply of stablecoins on the exchanges has marked new highs, meaning, the traders ...
Kraken is on track to launch bank ‘very soon’ despite regulatory ‘weird place’
Kraken is moving ahead with plans to launch its own bank despite a challenging regulatory environment and the recent shuttering of its on-chain staking services for U.S. clients to settle U.S. Securit...
Binance recommends P2P as Ukraine suspends hryvnia use on crypto exchanges
Ukraine temporarily suspended the use of its national currency, the hryvnia, via banking cards for fiat deposits and withdrawals on crypto exchanges. While the move immediately impacted how investors ...
Binance recommends P2P as Ukraine suspends fiat deposits on exchanges
Cryptocurrency exchange Binance is recommending the use of peer-to-peer (P2P) services following restrictions imposed by the National Bank of Ukraine (NBU). Ukraine temporarily suspended hryvnia, its ...
INNODEX positioned to compete with Binance and Uniswap in the era of decentralized exchanges
INNODEX, an upcoming decentralized exchange (DEX) by NvirWorld, plans to take on Binance, a centralized exchange and the largest ramp by trading volume, and Uniswap, a DEX on, among other blockchains,...
Binance once sought to hire Gensler as an adviser: WSJ
Crypto exchange giant Binance wanted to hire Gary Gensler as an adviser years before he became head of the Securities and Exchange Commission, according to the Wall Street Journal. Gensler decli...
Prosecutors say SBF should only access approved websites. He wants Door Dash and the New York Post
Policy • March 4, 2023, 2:23PM EST Federal prosecutors are seeking to severely limit former FTX CEO Sam Bankman-Fried’s connection to the internet and technological access to a “flip phone...
Crypto Exchanges Binance and Kuna Suspend Card Transactions in Ukrainian Hryvnia – Exchanges Bitcoin News
Major cryptocurrency exchanges operating in Ukraine have temporarily suspended operations with hryvnia bank cards. The measure stems from restrictions imposed by the country’s central bank, Binance an...
Silvergate suspends Silvergate Exchange Network as company reels from crises
Silvergate suspended its Silvergate Exchange Network on Friday, the result of what it called “a risk-based decision.” The network shutdown comes after Moody’s downgraded Silvergate’...
Gemini says third-party incidents resulted in phishing scam targeting European users
Gemini disclosed incidents attributed to a third party that resulted in a phishing campaign targeting users in the UK and Europe, according to a client email seen by The Block. Scammers have use...