13 / 31 Relevant items tagged with #CryptocurrencyExchange

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Bitcoin, Ether price slump leads to crypto bloodbath with $1B in liquidations

[Aug 18, 2023 6:55 AM] The liquidation event saw one trader lose $55.9 million, while another saw $10 million worth of hedged positions get liquidated.

FTX seeks $175M settlement with Genesis entities to resolve dispute

[Aug 17, 2023 7:55 AM] However, FTX creditors express discontent and urge the Official Committee of Unsecured Creditors of FTX (UCC) to contest the agreement.

BitExchange enables XRP options trading, no need for ownership

[Aug 17, 2023 7:22 AM] Profit and loss settlement will occur in U.S. dollars, with OrBit Markets responsible for order book liquidity.

Scam Money Is Laundered via Crypto Exchanges — Australian Regulator

[Aug 17, 2023 3:30 AM] A significant portion of scam money is getting laundered through cryptocurrency exchanges, the CEO of the Australian Banking Association has alleged. The Australian Financial Crimes Exchange said as much as 47% of all fraud and financial scam…

Strict Canadian crypto exchange rules allowed Kraken clarity to invest there, exec says

[Aug 16, 2023 4:00 PM] Kraken’s Canada managing director told Cointelegraph in an interview that attaining restricted dealer status provided a clear regulatory pathway.

SEC v. Ripple: Judge greenlights investment banker declarant’s entry

[Aug 16, 2023 4:09 AM] The court seeks to address issues related to orders that rejected the SEC’s plea to seal the Hinman speech documents and Ripple’s request to seal information regarding XRP sales.

Coinbase political initiative features US lawmaker who admitted to ethics violations

[Aug 15, 2023 12:32 PM] Rep. David Schweikert, featured as a lawmaker “very supportive” of crypto in the United States, paid $175,000 as part of a settlement related to violations of House ethics rules.

Prime Trust bankruptcy spotted by crypto community months ahead

[Aug 15, 2023 5:03 AM] Months before Prime Trust filed for Chapter 11 bankruptcy, online sleuths in the crypto community were on the case and continue to follow the money.

Coinbase VP says Canada can be a ‘global leader’ in crypto

[Aug 14, 2023 7:30 AM] The cryptocurrency exchange Coinbase officially launched in Canada in August 2023 and is expanding its service offerings amid a promising local crypto climate.

Voyager’s token transfer to Coinbase sparks sell-off suspicions

[Aug 13, 2023 2:04 AM] The motive behind the transactions has triggered speculation within the broader crypto community.

Legal scholars file amicus brief in support of Coinbase

[Aug 13, 2023 12:57 AM] The legal practitioners asked the court to adhere to the established definition of “investment contract” when interpreting its scope.

Brazil's Congress moves to levy higher taxes on cryptocurrencies

[Aug 12, 2023 11:06 AM] If approved, the legislation would place crypto assets held by Brazilians overseas subject to the same tax rules governing traditional assets.

Bitcoin trader reveals ‘important’ BTC price zone as bulls hold $29.3K

[Aug 11, 2023 4:59 AM] Bitcoin traders continue to battle for control of a rangebound market — but some nearby BTC price levels are more significant than others.

SEC announces $24M settlement for case against Bittrex and its former CEO

[Aug 10, 2023 3:10 PM] The U.S. regulator filed a complaint in April claiming Bittrex and William Shihara operated an unregistered exchange, also separately charging Bittrex Global.

FTX debtors and UCC clash over asset control in restructuring

[Aug 10, 2023 7:36 AM] FTX strongly criticized the UCC's pursuit of asset control, as it recommended that debtors allocate nearly $2.6 billion from cash reserves into short-term Treasuries.

Binance drops majority of USD Coin reserves — Latest USDC news

[Aug 9, 2023 10:30 AM] This week’s episode of The Market Report explores the reasons why Binance let go of a majority of its USDC reserves and what it replaced them with.

Report: FTX Co-CEO Ryan Salame in Plea Deal Talks; Private Jet May Be Forfeited 

[Aug 9, 2023 10:00 AM] A Bloomberg article, citing “people familiar with the case,” reveals that FTX’s co-CEO Ryan Salame is allegedly in talks with prosecutors, and a plea agreement could be forthcoming. Insiders also emphasize that Salame’s…

Binance faces calls for ban by Nigerian Bureau De Change association

[Aug 9, 2023 5:53 AM] Gwadebe reportedly emphasized that Binance trading has increasingly established itself as a central point for both the Investor and Exporters window as well as the parallel market.

Binance receives licenses to offer crypto services in El Salvador

[Aug 8, 2023 8:31 AM] The exchange reported receiving approval for Bitcoin Services Provider and Digital Assets Services Provider licenses in El Salvador, where Bitcoin has been legal tender since 2021.

Huobi's TVL drops to $2.5B amid rumors of insolvency, investigations in China

[Aug 6, 2023 12:27 PM] The exchange faces ongoing rumors about its stablecoins reserves and an alleged investigation by Chinese authorities.

XRP price disappoints after court ruling, Deaton remains optimistic

[Aug 6, 2023 5:45 AM] While the pro-XRP lawyer didn’t anticipate XRP reaching a new all-time high after the ruling, he did expect the price to surpass the $1 resistance level.

CDC report underscores importance of Judge's verdict in Ripple case

[Aug 5, 2023 2:05 AM] The CDC expressed satisfaction with the ruling, which aligned with their stance as articulated in their amicus brief supporting Ripple, marking an advocacy victory.

Coinbase CEO says leaving US 'not even in the realm of possibility right now': Report

[Aug 4, 2023 3:24 PM] Brian Armstrong has previously suggested Coinbase might abandon the U.S. for a more crypto-friendly country, but also said the exchange was “100% committed” to the local market.

Shiba Inu lead developer queries Coinbase's 'Onchain Summer' campaign

[Aug 4, 2023 5:31 AM] Kusama responded to Coinbase’s CEO, Brian Armstrong's update with the statement, "If it isn't a shadowcat, it's a copycat."

Binance approves Shiba Inu as collateral asset

[Aug 4, 2023 1:49 AM] The cryptocurrency exchange also announced the addition of 22 cryptocurrencies as loanable and collateral assets on its Flexible Loan and VIP Loan services.

Huobi’s Jun Du acquires 10 million CRV tokens to support Curve

[Aug 3, 2023 6:30 AM] Du said the existing challenges were transitory and that he believes the industry would benefit from collective support.

Binance starts BTC/FDUSD and ETH/FDUSD trading pairs with zero-fees

[Aug 3, 2023 5:02 AM] Users can trade ETH/FDUSD with zero maker fee, while the standard taker fee will apply based on the user’s VIP level.

BlockFi’s Chapter 11 plan progresses with conditional court approval

[Aug 3, 2023 2:04 AM] Once the bankruptcy plan receives approval, the lender said it intends to concentrate on recovering funds from other defunct firms.

Ukrainian government reports $81M tax loss from unregulated crypto exchanges since 2013

[Aug 2, 2023 10:30 AM] A crypto bill signed into law in 2022 paved the way for the Ukrainian government to amend its tax code, but local exchanges still largely operate outside this framework.

Mixed signals: Binance denies reports of $90 billion in crypto trades in China

[Aug 2, 2023 5:31 AM] Binance has refuted claims published in the Wall Street Journal that despite China’s crypto ban, the exchange has conducted billions in crypto-related business in the country.