John Ray, who recently took over as chief executive officer of the cryptocurrency exchange FTX after the business declared bankruptcy, has revealed some of the chaotic incidents that have occurred at ...
Tag: Exchanges
Crypto Exchanges Send Aid to Earthquake Victims in Turkey and Syria
Bitfinex, Bitget, Bybit, Gate.io, Huobi, Binance, and BitMEX are sending aid to earthquake victims. Recent disaster is the worst to hit the region in 100 years. Unverified users are also soliciting fu...
Bankman-Fried appeals judge’s decision to reveal bond co-signers
Sam Bankman-Fried is fighting to keep the names of the two people who co-signed his bond a secret. The former FTX CEO appealed a judge’s decision to unseal the names of the two co-signers in a ...
Exchanges Beat Wallets Despite High-Profile Bankruptcies: Report
Research by imToken has found that users prefer centralized exchange custody over self-custodial wallet solutions wallets. The report comes despite the recent collapse of crypto heavyweight FTX. Accor...
Judge denies Bankman-Fried’s bail modification ahead of Thursday hearing
A U.S. District judge rejected Sam Bankman-Fried’s request to modify his bail terms and cancel a Thursday hearing on the issue, according to court documents filed on Tuesday. Bankman-Fried agree...
Crypto markets tread water ahead of Fed speech
Cryptocurrency prices were little change alongside other risk assets ahead of Federal Reserve Chair Jerome Powell’s speech this afternoon at the Economic Club of Washington. Bitcoin was tr...
Robinhood expected to report record revenue despite sour markets: Preview
Robinhood will report its fourth quarter results on Wednesday, with the company expected to hit its highest quarterly revenue figure to date. The online brokerage, which gained popularity duri...
Crypto Exchanges Support to Turkey Earthquake Survivors
9 seconds ago | 2 mins read Exchange News Crypto firms and exchanges have also pledged to back Turkey in all possible ways. Crypto personalities are showing their condolences and praying for the victi...
Binance Halting US Dollar Deposits and Withdrawals via Bank Accounts – Exchanges Bitcoin News
Global crypto exchange Binance is suspending deposits and withdrawals in U.S. dollars via bank accounts starting Wednesday as more and more banking institutions try to reduce their exposure to the cry...
Crypto Exchanges Made up 84% of Job Cuts Last Month: CoinGecko
January 2023 has been the second worst month for crypto layoffs as a new wave of redundancies hit the industry, with as many as 2,806 people losing their jobs, according to a new CoinGecko report. The...
Binance to temporarily suspend USD transfers on Feb. 8
Binance said Monday that it would temporarily halt U.S. dollar transfers on Feb. 8, a move the company claims would only affect a “small proportion” of its users. “It is worth noting...
Judge delays FTX examiner ruling in hopes of ‘consensual resolution’
A federal bankruptcy court judge in Delaware did not rule on whether to appoint an examiner in FTX’s enormous bankruptcy case, and instead will allow lawyers to discuss a “consensual resolution” on th...
Bankman-Fried’s texts may harm his legal defense
Sam Bankman-Fried just threw a wrench in his criminal trial before it even started. A judge barred Bankman-Fried from using “encrypted or ephemeral” messaging apps like Signal until a court hear...
Crypto exchanges pledge to aid Turkey’s earthquake victims
Following a devastating earthquake that has killed over 1,700 people so far and razed parts of Turkey and Syria to the ground, support from the cryptocurrency sector is pouring in, and multiple crypto...
RBX, the Native Token of ReserveBlock, Debuts on Bitrue and Deepcoin Exchanges
The eco-friendly NFT platform known as ReserveBlock has achieved a big milestone with the listing of its native token RBX on two of the crypto industry’s leading exchanges, Bitrue and Deepcoin. Reser...
FTX debtors want political donations returned by end of the month
Troubled crypto exchange FTX is asking political figures and groups to return donations linked to former CEO Sam Bankman-Fried and other FTX executives by the end of February. FTX is sending con...
Binance to Support Georgia’s Crypto Industry Through Blockchain Education – Exchanges Bitcoin News
Digital asset exchange Binance has agreed to help Georgia to develop its cryptocurrency sector by launching educational and other blockchain initiatives. The leading coin trading platform has been exp...
Binance Says Indian Crypto Exchange Wazirx Can No Longer Use Its Wallet Services – Exchanges Bitcoin News
Binance has announced that Indian crypto exchange Wazirx can no longer use Binance wallet services. Zanmai, the operator of Wazirx, has until Feb. 3 “to remove the funds from the accounts that they us...
Binance Returns to Korean Crypto Market — Invests in Troubled Exchange Gopax – Exchanges Bitcoin News
Binance has returned to the South Korean cryptocurrency market after two years with a “meaningful” investment in a local, licensed crypto exchange. Gopax fell into trouble following the collapse of cr...
Experts Predict Future Regulation of Crypto Exchanges by 2025, With Split Opinion on Similarity to Traditional Finance – Regulation Bitcoin News
Following finder.com’s reports on bitcoin and ethereum predictions, the product comparison site polled 56 specialists in the fintech and cryptocurrency industry to gauge their thoughts on future regul...
Crypto market continues to rise, while Silvergate shares seesaw after probe report
Bitcoin settled around $23,570 at 5:20 p.m. EST after climbing as high as $24,100 earlier in the day, according to TradingView data. It’s up about 0.4% over the past day following the Federal Re...
Coinbase stock up 21% following lawsuit dismissal
Shares of Coinbase have been rallying since Wednesday afternoon after a federal judge dismissed a lawsuit against the company. The stock was up by roughly 21%, trading at around $78.7 as of 1 p....
Bitzlato to Restore Operations and Withdrawals From Russia, Co-founder Vows – Exchanges Bitcoin News
Russia-linked cryptocurrency exchange Bitzlato, seized by Western law enforcement, plans to relaunch and permit partial withdrawals, a co-founder announced. Members of the trading platform’s team also...
Incoming Shiba Inu Dump? Bankrupt Voyager Sends 270B SHIB to Crypto Exchanges
Unexplained Shiba Inu transfer stirs concerns within crypto Twitter. Bankrupt crypto lender Voyager has sent 270 billion SHIB in three 90 billion transactions to Coinbase, Kraken, and Binance.US. Cryp...
Can You Trust Centralized Exchanges With Your Funds?
The FTX collapse took with it 8 billion of customer funds. How can we be sure your crypto is safe on a centralized exchange? In November, FTX imploded, taking with it billions of dollars in crypto loc...
Korea’s FSC Orders Exchanges to Delist and Classify Crypto With Securities Properties
South Korea is looking to amp up regulations to prevent unfair trade in the industry. As such, the Financial Services Commission issued instructions to five major crypto exchanges in the country to de...
Market trades flat ahead of Fed’s interest rate decision
Crypto prices remained mostly flat after the market opened on Wednesday, as traders await the Federal Reserve’s interest rate decision and comments from the subsequent press conference this afternoon....
UK plans “robust” rules for crypto exchanges
The UK’s finance ministry is planning to unveil extensive cryptocurrency regulation within the next day, according to a Jan. 31 report from Reuters. The ministry, otherwise known as HM Treasury, is ex...