The unfortunate failure of one of these money transmitters, West Realm Shires Services Inc., may be the final straw for this rickety arrangement. West Realm Shires Services is the official name for FT...
Tag: Exchanges
Crypto Exchanges Lie That Your Funds Are Safe: Nouriel Roubini
Yuri Molchan Prominent economist “Dr. Doom” slams crypto exchanges and “proof-of-reserves” suggested by CZ Contents “Customer assets not safe in bankruptcy,” here&#...
BlockFi puts client loans into forbearance, email shows
Crypto lender BlockFi has put client loans into forbearance, according to a customer email viewed by The Block. “At this time, clients do not have the ability to post new funds to BlockFi...
Coinbase survey shows 62% of investors increased allocations
A Coinbase survey found that crypto winter may not be as cold as expected. The 2022 Digital Assets Outlook Survey shows that 62% of investors who are currently invested in crypto increased their...
CoinMarketCap launches proof-of-reserve tracker for crypto exchanges
CoinMarketCap, a leading market researcher and tracker in the crypto industry, announced the launch of a new feature on its platform that gives users updated financial insights on exchanges. The proof...
Bahamas Property Worth $121 Million Acquired by FTX, SBF’s Parents, Report Unveils – Exchanges Bitcoin News
Bankrupt crypto exchange FTX and its founder’s parents have purchased properties for almost $121 million in the Bahamas, according to a media report. Some of these were supposed to be used by the comp...
Binance CEO met with Abu Dhabi investors about industry recovery fund: Bloomberg
Binance CEO Changpeng “CZ” Zhao met with investors in Abu Dhabi last week in an effort to raise cash for a crypto industry recovery fund, Bloomberg News reported, citing sources. Zha...
FTX, Bankman-Fried’s parents bought Bahamas property worth $121 million: Reuters
FTX, the now-bankrupt crypto exchange operator, its founder Sam Bankman-Fried’s parents and the firm’s senior executives bought at least 19 properties worth about $121 million in the Baham...
Gemini is working with Genesis and DCG on solution for Earn redemptions
Gemini said it is working with Genesis and Digital Currency Group in an effort to find a solution that will allow users to redeem their funds from the crypto exchange’s Earn product. Gemin...
How do Decentralized Exchanges work?
Join Our Telegram channel to stay up to date on breaking news coverage Following the sudden collapse of FTX, more and more users have turned attention toward Decentralized Exchanges. This article aims...
Vitalik Buterin – Centralized Exchanges Could Use Cryptographic Proofs, ZK-Snark To Build Trust
HodlX Guest Post Submit Your Post The renowned blockchain programmer wrote a blog on how centralized exchanges can move toward trustlessness. Buterin opines zero-knowledge succinct non-interactive ...
FTX Asks Other Exchanges to Help Secure and Return Lost Funds
FTX called on its fellow crypto exchanges for help on Sunday, pointing out that funds siphoned from the befallen exchange are being transferred to other entities through intermediate wallets. The now-...
Binance’s Changpeng Zhao and Coinbase CEO Brian Armstrong Support Vitalik Buterin’s Idea for Crypto Exchanges
CEOs from two of the biggest crypto firms in the world are giving a nod of approval to Ethereum (ETH) creator Vitalik Buterin’s idea for how exchanges can maintain transparency for their customers. Af...
Ethereum Price Dips As ETH Moved From Crypto Exchanges
Ethereum has seen a decline over the past 24 hours. Being hit with new selling pressure, the world’s second-largest crypto asset has plummeted by over 8%. Despite its recent pressure, the whales have ...
South Korea probing native tokens of crypto exchanges – crypto.news
Reports emerging from South Korea indicate that the country’s financial authorities have launched an extensive investigation to determine whether domestic cryptocurrency exchanges issued and traded th...
Coinbase shares hit all-time low Monday as centralized exchanges deal with FTX fallout
Shares of crypto exchange Coinbase hit an all-time low Monday, as fallout from FTX’s demise has continued to rattle the industry. The exchange was down roughly 8% at the time of publicatio...
FTX calls for help from exchanges to recover lost funds – crypto.news
On Sunday, FTX requested assistance from its fellow cryptocurrency exchanges, pointing out that money stolen from the beleaguered exchange is being transferred to other entities through intermediary w...
Just 12.1% of Bitcoin supply left on exchanges after FTX crypto crash
Panic is contagious. The cryptocurrency markets showed that this week. As one of the largest exchanges in the world, FTX, were revealed to have “misappropriated” client assets (we put together a “wtf ...
What are the top crypto exchanges?
Following the FTX event that suspended deposits and withdrawals, the question now comes to mind: which are the top crypto-exchanges? From the most popular ones such as Binance, Coinbase, Bitget to dec...
Uzbekistan Licenses 2 Crypto Exchange Service Providers – Exchanges Bitcoin News
The regulatory body overseeing the crypto market in Uzbekistan has issued licenses to two companies that will be providing exchange services. The decision to authorize their activities aims to make it...
FTX Calls Out Other Exchanges For Assistance Over Stolen Funds
The corporation did not disclose the exchanges or wallet addresses associated. Recently the hacker started swapping 30K ETH for BTC and RenBTC. On Sunday, FTX reached out to other cryptocurrency excha...
FTX Mayhem Fails to Scare Futures Exchanges Away From Crypto
(Bloomberg) — Even as some of Wall Street’s old guard has an “I-told-you-so” moment after the collapse of Sam Bankman-Fried’s FTX, futures exchanges aren’t giving up on crypto. Most Read from Bl...
We Don’t See a Viable Business in India – Exchanges Bitcoin News
Binance CEO Changpeng Zhao (CZ) says India is currently not a viable business environment for his cryptocurrency exchange, citing a strict tax regime. The executive explained: “Binance goes to countri...
1.1 Million Ethers taken from various exchanges since November 12
As per the data provided by Nansen, 1.1 Million Ethers have been withdrawn from various exchanges like Binance, Kraken, Gemini and others since November 12. The major portion of Ethers is held over Bi...
FTX forewarns exchanges to freeze stolen funds to prevent hacker cashing out
FTX announced on Nov. 20 that exchanges should remain alert regarding unauthorized fund transfers from FTX Global and related debtors on Nov. 11. The transfers sent out were through intermediate walle...
South Korea is looking into crypto exchanges to offer native coins
The Korea Financial Intelligence Unit (KoFIU), which is South Korea’s authority on financial matters, has begun an investigation into cryptocurrency exchanges in regard to the listing of its own inter...
South Korea probes crypto exchanges for local tokens
This year, native cryptocurrencies proved to be the most significant cause that led to the failure of a number of cryptocurrency exchanges and ecosystems; the most recent instance of this was the coll...
South Korea Bans Native Tokens of Exchanges!
KoFIU investigates all crypto exchanges for native tokens. South Korea is the worst affected country in the world due to FTX downfall. South Korea blocks $104.4 million from FTX Co-founder Shin Hyun-s...