On Wednesday, the Securities and Exchange Commission (SEC) voted 4-1 to propose sweeping changes to federal regulations. These changes would expand custody rules to include assets such as cryptocurren...
Tag: Exchanges
Binance CEO Denies Reports of Exchange’s Plan to End Its Relationship With US Partners
Binance CEO asserts that the exchange is not planning to cut ties with US-based intermediary companies. In a tweet today, Changpeng Zhao, Binance CEO, and founder denied reports claiming that the exc...
Sam Bankman-Fried is embroiled in legal drama. FTX is moving on without him.
Beleaguered crypto exchange FTX is charging ahead in bankruptcy court, preparing for high-profile clawbacks to begin at the end of the month. Meanwhile, the company’s former CEO could lose most...
Former FTX exec Nishad Singh plans to plead guilty to criminal charges: Bloomberg
Legal • February 17, 2023, 2:43PM EST A third former FTX executive is preparing to plead guilty to criminal charges, Bloomberg reported. Nishad Singh, the former director of engineering at FTX, ...
Canada To Impose Tighter Laws For Exchanges Post U.S SEC Crackdown
6 hours ago | 2 mins read Bitcoin News Governments in Europe and Asia are also expanding their regulatory oversight. Kraken had its staking programme recently curtailed by the SEC. Regulation authorit...
Bitcoin loses $24k – as 15k coins go back onto exchanges, profits get realized
Disclaimer: By using this website, you agree to our Terms and Conditions and Privacy Policy. CryptoSlate has no affiliation or relationship with any coin, business, project or event unless explicitly ...
Gate.io integrates with Copper’s ClearLoop network amid fresh focus on custody
Crypto exchange Gate.io is partnering with digital asset custody firm Copper.co to fully integrate with its ClearLoop solution in a move that will allow users to quickly execute trades while maintaini...
Merit Peak, firm at heart of Reuters report, operated on Binance.US, exchange admits
Binance.US, the U.S. affiliate of the world’s largest crypto exchange, acknowledged that a market making firm called Merit Peak, which is alleged to have secretly received $400 million from the exchan...
Binance transferred $400 million from U.S. partner to Zhao-run firm, Reuters says
Binance secretly had access to a bank account of its U.S.-based partner and transferred more than $400 million from that account to a trading firm managed by Chief Executive Officer Changpeng Zhao, Re...
FTX Insiders Served Subpoenas Over Fallen Crypto Exchange’s Financial Dealings
FTX bankruptcy proceedings have taken another twist after the company’s insiders were all hit with fresh subpoenas. The bankruptcy court has ordered Sam Bankman-Fried, former Alameda CEO Caroline Elli...
Can you trust crypto exchanges after the collapse of FTX? – Cointelegraph Magazine
On Oct. 25, 2022 — about two weeks before the collapse of the world’s third-largest cryptocurrency exchange, FTX — prominent DeFi architect Andre Cronje published a foreboding article with a chilling ...
Ethereum supply plunges 37% on crypto exchanges post the Merge upgrade
Ether (ETH), the second-largest cryptocurrency by market capitalization, has seen a constant decline in exchange supply over the past six months post-Merge. The Ethereum network underwent a major upgr...
Robinhood cryptocurrency trading volume jumps 95% in January
Robinhood reported cryptocurrency trading volumes up 95% in January to $3.7 billion from the previous month. Notional Trading Volumes — which are the primary driver of transaction revenues — wer...
Gensler opens new regulatory front for crypto firms: custody
SEC Chair Gary Gensler signaled an escalation to his post-FTX crackdown on the crypto industry on Wednesday, saying that digital asset firms are in broad violation of current custodial rules meant to ...
Judge denies request for FTX bankruptcy examiner
A judge denied a request to appoint an independent examiner in FTX’s bankruptcy case, noting that one would be too expensive when multiple investigations into the troubled crypto exchange are underway...
Crypto exchanges to propel Web3 and crypto awareness in India
Crypto adoption in India could happen successfully following any intervention from the regulators, besides implementing a tax cut and TDS. The country has a vast population to leverage. Still, it is a...
What’s Next for Staking on Centralized Exchanges?
Last week, The SEC forced Kraken to halt its staking services. Could other centralized exchanges be next? On Thursday, February 9, Kraken agreed to halt all staking services in the U.S. This was in re...
Crypto markets rebound as Silvergate soars 16% on Citadel Securities, Susquehanna stakes
Cryptocurrency prices rebounded after yesterday’s decline, when the New York Department of Financial Services announced it will pursue regulatory action against stablecoin provider Paxos. ...
Coinbase Will ‘Happily’ Defend Crypto Exchange’s Staking Services in Court, Says CEO Brian Armstrong
Coinbase CEO Brian Armstrong says that the staking services offered by the US crypto exchange are not securities. Hot on the heels of the U.S. Securities and Exchange Commission (SEC) shutting down th...
Coinbase, JP Morgan relationship intact amid regulatory crackdown: Sources
Rising regulatory scrutiny isn’t coming between Coinbase and one of its banking partners, JPMorgan Chase. The cryptocurrency exchange and the Wall Street stalwart are sticking together am...
Bankman-Fried banned from using VPN, bail arguments set for Thursday
A judge banned Sam Bankman-Fried from using a VPN after the former FTX boss said he used a private network to watch the Super Bowl while under house arrest. “The defendant’s use of a VPN present...
Crypto exchanges are going wild on Twitter
Over the past few days, the crypto section of Twitter has seen massive sharing, including the case of Coinbase and Kraken exchanges, which have been ranting on the social network against the SEC’s cla...
IRS Should Focus on Centralized Exchanges: Blockchain Exec
It’s been two years since most people have thought about what Kristin Smith says will be the “biggest regulatory item for the year.” The executive director of the Blockchain Association was referring ...
Bankman-Fried used VPN to watch Super Bowl, will stop using private network until bail is settled
Former FTX CEO Sam Bankman-Fried used a VPN to watch the Super Bowl, but he has agreed to stay away from the tech until his bail terms are settled, Bankman-Fried’s lawyer wrote in a court filing on Tu...
Serious about your crypto project? Binance’s CEO says you should move.
Binance CEO Changpeng Zhao suggested crypto entrepreneurs might need to move to a country more favorable to cryptocurrencies and digital assets amid what appears to be a growing crackdown by U.S. regu...
BUSD leaving exchanges fall to $40M from December’s $3B
Ad The amount of Binance USD (BUSD) leaving exchanges fell to $40 million from over $3 billion recorded in December 2022, according to Glassnode data analyzed by CryptoSlate. The chart below represent...
Bitboy Crypto Calls Out Exchanges To Relist XRP Following LBRY Precedent
Following the Securities and Exchange Commission’s complaint against Ripple Labs, the XRP token’s developer, several cryptocurrency exchanges have delisted trading in the token this week. Trading in t...
IRS Focus Attention on Centralized Exchanges
In the fast-paced and ever-evolving world of cryptocurrency, centralized exchanges play a crucial role in facilitating the buying, selling, and trading of digital assets. The rise of these exchanges h...
Coinigy: a smart approach for managing wallets on multiple exchanges
4 hours ago | 2 mins read Editors News If you are a pro-trader, you’ve already tried different exchanges and picked the most suitable platforms. They can have a vast range of advantages like high rate...
Circle warned regulator about rival Binance stablecoin last year, Bloomberg says
Circle filed a complaint with the New York State Department of Financial Services last year over rival Binance’s “mismanagement of reserves” for its own tokens, Bloomberg News report...
Coinbase CEO visits Washington, D.C. in push for regulatory clarity, less sugar
Coinbase CEO Brian Armstrong said he was in Washington, D.C. today in a push for clearer rules amid rising uncertainty in the sector following enforcement actions this month against Kraken and Paxos. ...
Galaxy Digital gets approval for Bahamas subsidiary amid rising US regulatory uncertainty
Galaxy Bahamas, a subsidiary of Mike Novogratz’s crypto investment firm, received approval from the Securities Commission of The Bahamas in December for registration as a digital asset business ...