Changpeng Zhao (CZ), founder and chief executive officer of cryptocurrency exchange Binance, has announced the opening of an office in Romania. During a visit to the country, he met with high-ranking ...
Tag: Exchanges
Indonesia Wants Crypto Exchanges to Stop Reinvesting User Funds
Indonesia’s trade ministry wants two-thirds of crypto exchange board members and directors to be citizens residing within the country Client funds will also need to be custodied by a third party while...
Binance to Open Two Offices in Brazil, Company Hints at Debit Card Launch – Exchanges Bitcoin News
Binance, one of the biggest crypto exchanges by volume traded, has announced its expansion plans for Brazil. The exchange will open two new offices in the country to host 150 employees, who will be ab...
Enhanced KYC checks can be a win-win for crypto exchanges and consumers — here’s why
Crypto is a fast-moving sector where new trends — decentralized finance and nonfungible tokens among them — accelerate in the blink of an eye. And as demand for digital assets grows, the need for regu...
WazirX exchange to delist stablecoins USDC, USDP, and TUSD
WazirX halted deposits of USDC, USDP, and TUSD stablecoin as of today. Withdrawal support for USDC, USDP, and TUSD will discontinue at 5 p.m, IST on September 23rd, after which point existing balances...
Eurocoinpay Partners With Mastercard to Launch One of the First Cryptocurrency Based Cards in Spain – Exchanges Bitcoin News
Eurocoinpay, a Spanish cryptocurrency exchange, has closed a deal to offer one of the first cryptocurrency-based debit cards in Spain. The card, which is already available for customers of Eurocoinpay...
Crypto exchange volumes surge amid The Merge
Even as the price of cryptocurrencies trade in the red, crypto exchanges are benefiting from a boost in trading activity, according to data compiled by The Block Research. As per data provided by Cryp...
GMX Plummets 20% on Worries of Price Manipulation of AVAX/USD on Reference Exchanges
The decentralized derivatives exchange, GMX, saw the price of its native token plummet by 20% in the past 24 hours. Even though the entire market is currently declining, there seems to be a more parti...
Binance accounting bug leads to $20m misallocation of HNT tokens
Helium foundation has alerted Binance about a bug that resulted in users erroneously receiving about $20 million worth of HNT. An accounting error discovered by Binance at some point last night result...
Bitcoin [BTC]: Heavy coin inflow into exchanges suggests rally in sell pressure
The much-anticipated Merge that proved to be beneficial for most, didn’t do anything for Bitcoin [BTC]. Some Ethereum [ETH]-linked assets posted double-digit gains, and BTC paid no heed. According to ...
Terra Classic (LUNC) Launched New Proposal For Exchanges To Implement Burns On Trading
– Advertisement – Should exchanges implement a 1.2% tax burn? A New Proposal Is Launched To Request That centralized exchanges (CEXes) Implement burns On Off-Chain Transactions (trading). ...
330B Tokens Needed To Hijack Terra Classic, Critic Says Community Forcibly Urging Exchanges To Apply Trading Burns
– Advertisement – Prominent Terra Whistleblower Calls Out LUNAtics for Soliciting for LUNC Tax Burn Compliance from Exchanges. Renowned Terra whistleblower FatMan comes for Terra propone...
1.65M Bitcoin Sent to Exchanges in Few Days, Signaling High Selling Pressure
– Advertisement – Investors moved 1.65 million Bitcoin to several exchanges from September 7 to 13, marking the highest ever 7-day exchange inflow in 11 months. Bitcoin has met several o...
Over $33 billion worth of Bitcoin enters exchanges marking the largest weekly influx in a year
Since May 2022, the cryptocurrency market has seen significant downward movement, with prices plummeting due to increased pressure from sellers as the Federal Reserve announced and began raising inter...
FTX, Bybit among the first exchanges to launch spot ETHW trading
Major cryptocurrency exchanges, FTX and Bybit, are among the first crypto trading platforms to launch spot trading for Ethereum proof-of-work (PoW) tokens. While the Ethereum blockchain has not forked...
Ethereum PoW Hardfork Token’s IOU Accepts Trading on 5 Exchanges
The Ethereum network’s transition from the Proof-of-Work to the Proof-of-Stake (PoS) model was successful, and the industry is agog about it. Besides ushering in a new era for the Ethereum commu...
Miners Continue Transfers To Exchanges
On-chain data shows miners have sent a large amount of Bitcoin to spot exchanges recently, something that can be bearish for the value of the crypto. Bitcoin Miners To Spot Exchanges Flow Has Surged U...
ETH On-Chain Analysis: Huge Ethereum Post-Merge Inflows on Exchanges
The Ethereum Merge went live this morning. With it, the Ethereum blockchain is moving from Proof-of-Work (PoS) to Proof-of-Stake (PoS) protocol. Thus, cryptocurrency miners have been forced to turn of...
Here’s how the 5 biggest centralized crypto exchanges are navigating The Merge
The Merge, where Ethereum will transition from a proof-of-work consensus mechanism to proof of stake, is estimated to take place in the early hours of Thursday morning. The Merge will be triggered by...
ETH inflows to exchanges skyrocketed just before the Merge; Dump imminent?
As the Ethereum (ETH) Merge update transitioning the ecosystem from the Proof-of-Work (PoW) to the Proof-of-Stake (PoS) algorithm was approaching, many investors saw it as a signal that the second lar...
Volatility Incoming? BTC Miner Transfers to Spot Exchanges Skyrocket Leading into the Merge
Ethereum’s transition to a proof-of-stake governance consensus is estimated to take place in less than a couple of hours at the time of this writing. With this, spot exchanges have seen massive inflow...
Binance Sees Record Increase in Indian Users After Government Starts Imposing New Crypto Tax – Exchanges Bitcoin News
The number of Indian users on cryptocurrency exchange Binance has soared after the Indian government began levying taxes on crypto transactions. Meanwhile, daily trading volumes at some major India-ba...
Inside Bakkt’s mission to help banks offer crypto services to retail
Episode 86 of Season 4 of The Scoop was recorded live with The Block’s Frank Chaparro and Bakkt Chief Product Officer Dan O’Prey. Listen below, and subscribe to The Scoop on Apple, Spotify...
Report Traders Flock to Binance As Tax Change Sends Indian Exchanges Out of Business
A Bloomberg report on Wednesday claimed that Binance app downloads in India jumped to 429,000 in August, the highest this year. This comes just months after the country implemented stringent taxation ...
Ethereum Community, Exchanges Prepare for the Merge
The Merge is estimated to occur shortly after 5:00 UTC (1:00 am ET) Major exchanges are planning to suspend processing for ether and Ethereum token deposits and withdrawals from shortly before the Mer...
Binance Booms as Crypto Tax Crushes Indian Exchanges
The cryptocurrency tax introduced by India’s government has caused foreign exchanges like Binance to consolidate their market share there. The Binance app was the only one among the top exchanges that...
Bitrue Joins Top Exchanges to Support 1.2% Terra Classic Burns, With 3 Exchanges Backing LUNC Trading Burns
– Advertisement – Several exchanges indicate interest in a 1.2% Terra LUNA Classic (LUNC) tax burn. The move to implement a 1.2% tax burn for transactions involving Terra Luna Classic (L...
Large ETH Transactions To Exchanges Spark Market Dump Fears
The Ethereum Merge is only about two days away according to the difficulty adjustment, and sentiments around ETH during this time have been peaking. Most of this has been on the bullish side, but some...
1,329 U.S. Citizens Purchased 2M Ripple In 2 Months Despite Major Exchanges Delisting XRP
– Advertisement – The adoption of XRP among U.S. citizens spikes despite the ongoing Ripple lawsuit with SEC. A leading decentralized exchange, OnXRP, has announced a massive adoption of R...