Coinbase said it was no longer accepting or initiating payments to or from Silvergate after the troubled crypto bank said yesterday that it may be “less than well capitalized and was “reev...
Tag: Exchanges
Innovations Help to Substantially Reduce the Gap Between Decentralized and Centralized Exchanges — Dexalot COO – Bitcoin News
While centralized exchanges are thought to be safer and more efficient, proponents of decentralized platforms like Tim Shan insist that user experience on decentralized exchanges has improved. In addi...
Sam Bankman-Fried’s inner circle turns on him
A third member of FTX founder Sam Bankman-Fried’s inner circle pleaded guilty to criminal charges, significantly upping the legal peril for the embattled former CEO. Former FTX Director of...
Mt. Gox creditors may finally start seeing their bitcoins this month
Mt. Gox creditors may start seeing their first bitcoin payments this month as the window for repayments is set to open. Creditors are expected to receive early repayments from March 10 onward, w...
Dormant bitcoin outside exchanges creates supply crunch
More bitcoin has remained dormant in the last ten years, leaving much less available on exchanges. How much bitcoin do exchanges currently have? According to the latest data by Glassnode, an on-chain ...
Bitcoin exchanges now own 16% less BTC than the oldest hodlers
The latest data shows that Bitcoin (BTC) exchanges have less BTC to buy than at any time since early 2018. On-chain analytics firm Glassnode confirms that as of February 2023, exchange reserves are at...
Former FTX Executive Nishad Singh Enters Guilty Plea In Crypto Exchange’s Fraud Case ⋆ ZyCrypto
Advertisement     Nishad Singh, the former director of engineering for defunct cryptocurrency exchange FTX, pleaded guilty on Tuesday to fraud charges lodged against h...
Cumberland Labs backed Hashnote launches regulated DeFi platform
Deals • February 28, 2023, 9:00AM EST A regulated decentralized finance (DeFi) platform for institutions, Hashnote, launched after a $5 million incubation with early stage blockchain investor Cumberla...
Crypto Neobank Wallbit Leaves Venezuela Due to Sanctions – Exchanges Bitcoin News
Wallbit, a crypto-enabled neobank, announced it would stop serving users in Venezuela after its banking partner in the U.S. called on it to do so. The platform announced this move was the direct resul...
Massive Shiba Inu Whale Moves Over 180 Billion Coins to Exchanges — What Could Go Wrong for SHIB? ⋆ ZyCrypto
Advertisement     A whale wallet holding massive Shiba Inu (SHIB) tokens is sending funds to centralized exchanges, sparking fears of a potential dump even as SHIB pri...
Voyager agrees to reserve $445m after suit from Alameda Research
Legal • February 27, 2023, 6:06PM EST Published 1 hour and 30 minutes earlier on Defunct crypto lender Voyager Digital agreed to reserve $445 million after the firm was sued by bankrupt trading firm A...
Voyager transferred $154 million USDC off Coinbase this month, Arkham Intelligence says
On-chain data shows that Voyager’s assets are on the move amid the company’s bankruptcy proceeding. Around $154.4 million in USDC was transferred to the shuttered exchange’s &#...
Binance bites back against Forbes report claiming transfer of $1.8 billion in client collateral
Binance denied using client assets without consent after a Forbes report said the crypto exchange moved “$1.8 billion of collateral meant to back its customers’ stablecoins.” Forbes ...
US regulators targeting centralized exchanges, but crypto markets remain resilient – Cryptopolitan
US regulators are cracking down on cryptocurrency exchanges following the collapse of FTX. However, the crypto markets appear to be unfazed and are continuing their upward trend. Ethereum prices conso...
BUSD has seen 12 billion withdrawn from exchanges in 3 months, USDT, BTC have been net beneficiaries
Quick Take The outflows for BUSD continue, which sees a balance on exchanges of less than 10 billion. The balance on exchange was as high as 22 billion on exchanges in November 2022 — a trend expected...
BitFlyer’s ex-CEO vies for former role: Bloomberg
Yuzu Kano, the co-founder of Japanese crypto exchange BitFlyer, is reportedly planning to retake his old position as chief executive officer of the firm, according to a Bloomberg report. Kano’s ...
Are Russians using exchanges to evade sanctions? – Cryptopolitan
Reports have stated that Russians have been carrying out crypto transactions since the announcement of the sanctions on the country. According to a report, exchanges have been unable to implement meas...
Large Amounts of TUSD Has Flowed to Exchanges in Last 48 Hours
Santiment tweeted that large amounts of TUSD has flowed to exchanges yesterday. The exchange supply for TUSD has risen to its highest level since June 22, 2021. Santiment shared that this increase in ...
2 Of World’s Biggest Crypto Exchanges Reportedly Allowed Sanctioned Russians To Transact
According to a research by blockchain analytics firm Inca Digital, popular crypto exchanges Huobi and KuCoin have been criticized for not adhering with sanctions placed on Russia as a result of its in...
Crypto Exchanges Allow Russians to Circumvent Sanctions, Report Alleges – Exchanges Bitcoin News
Major crypto exchanges have failed to prevent sanctioned Russian banks and traders from transacting, according to a blockchain forensics report. At least two established coin trading platforms continu...
Kevin O’Leary Says Crypto Exchanges Will Keep Going to Zero Until This Happens
Alex Dovbnya Popular investor and Shark Tank host Kevin O’Leary has tweeted that crypto exchanges will continue to fail until regulation is in place According to a tweet by Kevin O’Leary, ...
Exchanges using USDT to trade in Russia despite sanctions: Report
Huobi and KuCoin are reportedly allowing customers of sanctioned Russian banks to access their trading platforms. Binance was also allowing Russians to convert local currency to crypto without KYC che...
Kevin O’Leary says more crypto exchanges will fail
Kevin O’Leary, a venture capitalist who is also known as one of the key investors and a supporter who many times been outspoken about the FTX fiasco, has recently voiced some harsh opinions against un...
Bankman-Fried asks court for more time to negotiate bail
Legal • February 24, 2023, 3:35PM EST Sam Bankman-Fried wants more time to negotiate his bail terms. The former FTX executive’s lawyers filed a letter on Friday requesting that a federal judge g...
Ether, bitcoin track Nasdaq, S&P declines as new data keeps inflation fears in focus
Crypto and traditional assets sank after U.S. data showed inflation persisting. Bitcoin traded down about 1.5% to $23,785 at 8:45 a.m. EST, while ether fell about 1% to around $1,639. The...