29 / 31 Relevant items tagged with #CryptocurrencyExchange

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Coinbase Wallet will stop supporting BCH, ETC, XLM and XRP, citing 'low usage'

[Nov 29, 2022 10:44 AM] The crypto wallet plans to stop support for the four tokens on Dec. 5, but added any remaining funds would still be tied to users' existing addresses.

FTX Fiasco boosts Bitcoin ownership to new highs: analysts weigh in

[Nov 29, 2022 10:30 AM] Data analytics firm Glassnode, hardware provider Trezor and Bitcoin exchange Relai observe an uptick in Bitcoin self-custody.

Bitcoin capitulations abound — Data shows realized and unrealized losses at record-highs

[Nov 28, 2022 4:20 PM] Bankruptcies, shrinking profit margins and traders realizing hefty losses are all signs of capitulation from various market participants.

FTX collapse impacts Miami’s nightclub scene: Report

[Nov 28, 2022 3:45 PM] Young crypto entrepreneurs went from spending big bucks on champagne showers to being visibly absent from the nightclub scene.

FTX logos and promotional material still everywhere despite bankruptcy proceedings

[Nov 28, 2022 12:00 PM] Though some officials have removed all traces of their deals with FTX, the firm's branding still appears on a few sports venues and merchandise.

Line shuts down crypto exchange to focus on blockchain and LN token

[Nov 28, 2022 3:50 AM] The Japanese messaging giant will still continue to support its Line blockchain ecosystem and the Link token despite the ongoing industry challenges.

Trouble in the Bahamas following FTX collapse: Report

[Nov 25, 2022 4:08 PM] Locals say they are having to contend with vacant apartments and the loss of job opportunities once provided by the collapsed exchange.

How bad is the current state of crypto? On-chain analyst explains

[Nov 25, 2022 12:00 PM] Despite the widespread loss of confidence in crypto following the FTX collapse, Bitcoin’s on-chain data gives investors hope.

FTX’s collapse could change crypto industry governance standards for good

[Nov 25, 2022 8:01 AM] Following FTX’s downfall, experts believe that centralized exchanges will be faced with increased regulatory scrutiny, potentially eliminating a lot of players from the fray.

Binance publishes official Merkle Tree-based proof-of-reserves

[Nov 25, 2022 7:54 AM] Two weeks after its initial pledge for Merkle Tree-backed proof of funds, Binance releases its official response to liquidity transparency.

South Korean Crypto Exchanges Delist WEMIX — Token Price Plunges by Nearly 70%

[Nov 25, 2022 5:30 AM] The Digital Asset Exchange Joint Consultative Body (DAXA), the South Korean association of crypto exchanges, announced on Nov. 24 that the WEMIX token would be delisted. In justifying the decision to delist WEMIX, the association claimed the…

Uzbekistan issues first crypto licenses to two local ‘crypto stores’

[Nov 25, 2022 12:58 AM] Starting from January 2023, only licensed cryptocurrency firms will be allowed to provide cryptocurrency trading services to Uzbek citizens.

Bybit launches $100M support fund for institutional traders

[Nov 24, 2022 12:15 PM] Institutional trading firms have faced financial losses and operational difficulties in the wake of the FTX collapse.

OKX releases Proof of Reserves page, along with instructions on how to self-audit its reserves

[Nov 23, 2022 3:45 PM] The page includes a “view OKX reserves” option that provides reserve ratios for BTC, ETH, and USDT at a glance.

Sam Bankman-Fried is 'deeply sorry' for collapse in letter to FTX team

[Nov 23, 2022 11:15 AM] The former CEO described his role in the exchange's downfall as a failure in oversight, saying he should have been "more skeptical of large margin positions."

US Sen. Elizabeth Warren says crypto will ruin economy —community responds

[Nov 23, 2022 3:49 AM] Elizabeth Warren’s WSJ op-ed, which correlated the fall of the FTX crypto exchange to crypto ruining the entire economy, did not go unnoticed by the online crypto community.

FTX collapse triggers second thoughts on Busan City's crypto exchange plans

[Nov 23, 2022 2:30 AM] The Busan city administration has signed agreements with multiple crypto firms, including Binance, Huobi Global, Crypto.com, as well as the troubled FTX exchange.

Crypto Twitter reacts to Binance CEO’s deleted tweet about Coinbase’s Bitcoin Holdings

[Nov 22, 2022 4:35 PM] Coinbase CEO Brian Armstrong indirectly addressed CZ’s tweets as “FUD.”

Bitpanda secures crypto licence in Germany, claims to be the first “European retail” crypto investment platform to do so

[Nov 22, 2022 4:20 PM] The other licensees included three European institutional investment platforms and one U.S.-based retail platform.

CoinMarketCap launches proof-of-reserve tracker for crypto exchanges

[Nov 22, 2022 6:37 AM] The tool allows users to monitor exchanges’ reserves through displays of total assets and public wallet addresses, along with the balance and value of the wallets displayed.

SBF, FTX execs reportedly spend millions on properties in the Bahamas

[Nov 22, 2022 1:59 AM] At least 19 properties worth around $121 million were reportedly purchased under FTX's name, Sam Bankman-Fried’s parents and senior-level executives.

Why is Bitcoin price down today?

[Nov 21, 2022 4:59 PM] Bitcoin price is down again, but what are the primary reasons behind BTC’s drawn-out decline?

Lido fundamentals shine even as the wider crypto market struggles to regain traction

[Nov 21, 2022 2:45 PM] Lido protocol boasts $1 million in daily fee revenue for nearly a month, highlighting its growth in daily active users and Ethereum stakers.

FTX Japan plans to resume withdrawals by 2023: Report

[Nov 21, 2022 11:01 AM] Japan’s Financial Services Agency requested the exchange suspend business orders on Nov. 10 prior to FTX Group declaring bankruptcy in the United States.

Binance makes moves in hardware wallet industry with new investment

[Nov 21, 2022 5:53 AM] Binance Labs has made a strategic investment in the Belgian hardware wallet firm Ngrave and will lead its upcoming Series A round.

Celsius bankruptcy victims get proof-of-claim deadline from US court

[Nov 21, 2022 4:32 AM] The situation surrounding the Celsius bankruptcy continues as U.S. regulators set a deadline for those affected by the situation to file a proof claim against the company.

FTX-owned Liquid exchange pauses all trading after withdrawal halt

[Nov 21, 2022 3:26 AM] Liquid’s operational halt comes five days after the exchange suspended all withdrawals due to FTX’s bankruptcy filing.

FTX owes over $3 billion to its 50 biggest creditors: Bankruptcy filing

[Nov 20, 2022 4:38 PM] Not much is known about who these creditors could be, as names and personal information were redacted from the published document.

FTX funds on the move as thief converts thousands of ETH into Bitcoin

[Nov 20, 2022 11:15 AM] According to Chainalysis, “Reports that the funds stolen from FTX were actually sent to the Securities Commission of The Bahamas are incorrect.”

South Korea investigates crypto exchanges for listing native tokens

[Nov 20, 2022 4:55 AM] Initial investigations revealed that all crypto exchanges performed lawful operations across South Korea. However, Flata Exchange is suspected of listing its in-house token, FLAT, in January 2020.