Kevin O’Leary recently made a tweet calling for greater regulation of crypto exchanges. The former FTX spokesperson claimed that more exchanges will go to zero if not properly regulated. Several crypt...
Tag: Exchanges
Binance Looking to Hire Developers, Support Staff in Romania – Exchanges Bitcoin News
Global crypto exchange Binance is now hiring IT specialists and customer service representatives for its operations in Romania. The leading coin trading platform is also engaged in a number of educati...
Kevin O’Leary says crypto exchanges will keep ‘going to zero until we force regulation’ on them
Venture capitalist Kevin O’Leary, also known as one of the major investors and once very vocal supporters of the now defunct cryptocurrency trading platform FTX, has expressed some scathing views of u...
Group of Bitcoin holders since 2013 holds more BTC than all exchanges
Quick Take The metric supply of the last active 10+ years ago Bitcoin holders suggests that these holders have been holding onto BTC since 2013. This cohort currently holds over 2.63 million BTC, grow...
Canada requires crypto exchanges to pre-register within 30 days
Ad The Canadian Securities Administration (CSA) released a notice on Feb.22 requiring crypto exchanges that plan to operate nationwide to undergo a pre-registration process within 30 days. CSA chair S...
Base Protocol’s token jumps 250% despite no affiliation with Coinbase
Base Protocol’s token skyrocketed today, reaching a high of nearly $7.50 around 11:30 a.m EST after months of price stagnation below $1. The spike may have been caused by a misunders...
Sequoia Capital, ‘Inspector Gadget’ creator hit by FTX class-action lawsuit
Sequoia Capital, the creator of “Inspector Gadget,” Signature Bank and others linked to defunct crypto exchange FTX were slapped with a class action lawsuit this week, which alleges the defendants kne...
OP token pops 7% following Coinbase Layer 2 announcement
Markets • February 23, 2023, 10:03AM EST Optimism’s token price soared following Coinbase’s announcement that it would build its Layer 2 network on the OP Stack and become a core developer...
Sam Bankman-Fried faces new criminal charges including conspiracy to commit bank fraud
Legal • February 23, 2023, 9:55AM EST FTX founder Sam Bankman-Fried is facing new criminal charges after a judge unsealed a new 12-count indictment against him on Thursday, months after the former cry...
Coinbase unveils its Ethereum Layer 2 network that won’t have a token
Coinbase is officially jumping into the Layer 2 game. The crypto exchange giant unveiled Base, a testnet version of its new Ethereum Layer 2 network, at ETHDenver. Modeled on Ethereum’s Go...
Ark Invest adds another $13 million worth of COIN
Cathie Wood’s Ark Invest made another large COIN purchase, this time coming in at over $13 million. Wood’s fund has added over $30 million in COIN shares this month alone. Ark added...
Coinbase CEO Brian Armstrong Says Crypto in ‘Despair Phase’ Amid US Exchange’s $2,625,000,000 Annual Loss
Crypto exchange Coinbase is struggling as a result of the bear market but the firm’s CEO, Brian Armstrong, says they’re built for the long term. During an earnings call on Wednesday, Armstrong says th...
New York Attorney General sues CoinEx crypto exchange over registration
Policy • February 22, 2023, 5:43PM EST New York Attorney General Letitia James is suing cryptocurrency exchange CoinEx for allegedly failing to register with the state. “CoinEx offered, sold, ...
Bitcoin, crypto prices sink for second day; Coinbase down as markets look to Fed minutes
Cryptocurrency and stocks dipped as the focus turned to the release of the U.S. Federal Reserve’s January meeting minutes later today. Bitcoin was trading at $23,700 by 11.20 a.m. EST, do...
FTX Collapse Was A Boom For Other Exchanges, Research Shows
Join Our Telegram channel to stay up to date on breaking news coverage The collapse of the giant cryptocurrency exchange FTX has been good for industry competitors, as trading on major exchanges boome...
Coinbase earnings beat thanks to USDC interest income, analysts say
Coinbase’s fourth-quarter revenue beat estimates thanks to USDC interest income, analysts said. Interest income for the quarter came in at $146 million, up more than 100% from the previous...
Coinbase fourth-quarter revenue beats estimates despite falling 57% year-on-year
Coinbase’s fourth-quarter revenue beat estimates, with the exchange reporting revenue of $604.9 million compared to the $589 million FactSet estimate. Although ahead of expectations, full ...
The Rock Trading and the importance of decentralized exchanges
The news of the failure of Italian crypto exchange The Rock Trading is the talk of the town. After 10 years of use, the centralized exchange has failed and many users are seeking shelter in decentrali...
Euro-backed stablecoin, Euro Coin set to trade on Coinbase
Support for Euro Coin (EUROC), a euro-backed stablecoin, will go live on Coinbase in regions where trading is supported, the exchange said on Twitter. Trading is slated to begin on or after 9 a....
Bankman-Fried searching for tech expert to advise on bail dispute, lawyers say
Legal • February 21, 2023, 4:13PM EST Sam Bankman-Fried’s lawyers are searching for a tech expert to advise the court on his bail dispute, they told a federal judge in a letter on Tuesday. “The...
Coinbase inches higher ahead of earnings as Silvergate slips after downgrade
Coinbase climbed higher shortly after the open today, while Silvergate and other crypto-related stocks dipped. Shares in the crypto exchange traded up by 1% to about $66 by 10:45 a.m. EST, acco...
Trading on major exchanges spiked following collapse of Terra, FTX: BIS report
A report from the Bank for International Settlements (BIS) suggests that trading activity on major exchanges increased in the days following the collapse of crypto firms FTX and Terraform Labs. In a F...
Morgan Creek’s Mark Yusko Forecasts Future of Crypto Exchanges, Says Next Bitcoin Bull Run Is Inevitable
Morgan Creek Capital CIO Mark Yusko is weighing in on the future of crypto and whether the industry will remain dependent on centralized exchanges. In a new interview, the hedge fund veteran says th...
Hong Kong SFC opens consultation to regulate crypto exchanges
Ad The Securities and Futures Commission (SFC) of Hong Kong has called on the public to provide feedback on its proposed regulation for crypto exchanges seeking to serve retail investors in Hong Kong....
Binance US Refutes Reports Comparing It to Fraudulent Crypto Exchanges – Exchanges Bitcoin News
Binance US has refuted reports that draw parallels between it and “fraudulent exchanges that have gone bankrupt.” The U.S.-based crypto trading platform stressed that “only Binance.US employees” have ...
UniSwap (UNI) and PancakeSwap (CAKE) Could be the Top Exchanges in 2023, Orbeon Protocol (ORBN) Set to Democratize the VC Industry
The collapse of the FTX exchange in 2022 underscored the need for decentralized exchanges with no central point of control. Likewise, UniSwap (UNI) and PancakeSwap (CAKE) stand out as some of the exch...
FTX Warns of Fake ‘Debt Tokens’ Trading on Exchanges
The restructuring team overseeing the FTX bankruptcy today warned investors to be on the lookout for scam tokens that aim to take advantage of the collapsed cryptocurrency exchange’s troubles. “The FT...
Bitcoin is now above the realized price on all major exchanges
Definition We can monitor the average price at which coins are withdrawn from all exchanges as a tool to estimate a market-wide cost basis. In this chart, we consider the average withdrawal prices for...