[Jan 5, 2024 12:30 PM] Per data analysis, decentralized exchange (dex) platforms nearly reached a trillion dollars in trading volume, posting $960.69 billion over the past year. Moreover, dex activity in December exceeded the previous 2023 high of $132.26 billion…
[Dec 31, 2023 8:30 PM] Crypto exchange Coinbase says that it has “extensively prepared” for spot bitcoin exchange-traded fund (ETF) approvals by the U.S. Securities and Exchange Commission (SEC). Most spot bitcoin ETF applicants have named the Nasdaq-listed…
[Dec 25, 2023 8:30 AM] The Seychelles crypto exchange MEXC has rejected claims it is unilaterally freezing users’ accounts or “wiping” out their profits. The MEXC team said it opposes ongoing attempts to defame its name and may resort to taking legal…
[Dec 19, 2023 12:30 AM] Crypto exchange Coinbase is winding down Givecrypto, a nonprofit set up to provide crypto to those in need. “Over the years, Givecrypto distributed cryptocurrency to thousands of individuals in need,” Coinbase said. However, the exchange admitted…
[Dec 14, 2023 11:00 PM] Coinbase International is launching spot crypto trading for non-U.S. customers. “The launch and expansion of spot trading on Coinbase International Exchange will occur over several phases,” Coinbase detailed. “Our primary focus…
[Dec 13, 2023 10:44 AM] Crypto exchange Coinbase will soon be offering the option to spot trade cryptocurrencies outside of the U.S. as part of its global expansion efforts, the company announced in a blog post Wednesday.
[Dec 11, 2023 9:30 AM] On Dec. 4, 2023, the amount of bitcoin stored on centralized cryptocurrency exchanges hit a low of 2,001,259. However, recent data indicates that within a span of less than a week, exchanges have seen an influx of 21,436 bitcoin, valued at…
[Dec 9, 2023 6:30 AM] Financial services firm Robinhood has announced the launch of crypto trading in the European Union. “Like we did with the stock market, it’s our goal to make crypto more accessible and affordable to everyone, regardless of where they…
[Dec 5, 2023 1:22 PM] In his first public interview since getting the job last month after founder Changpeng "CZ" Zhao was formed to step down amid a $4.3 billion legal settlement with the U.S. government, Teng said Binance’s compliance systems were inadequate in the…
[Dec 3, 2023 2:30 AM] Two South African crypto platforms and an Austria-based digital asset platform have joined forces to launch a new alternative investment platform called Altify. The goal of the new outfit is to enable South African investors, particularly the…
[Nov 30, 2023 6:30 AM] Dunamu, the operator of the South Korean crypto exchange Upbit, recently said it had realized an operating profit amounting to $79 million in the third quarter of 2023. Virtual asset valuation losses contributed to the 81.6% drop in the…
[Nov 24, 2023 3:40 AM] The settlement will significantly reduce the potential systemic risk emanating from a hypothetical collapse of the crypto exchange, the report said.
[Nov 23, 2023 3:00 PM] After Changpeng Zhao’s exit, Richard Teng has stepped in as the new chief executive officer of Binance, the globe’s largest crypto exchange in terms of trading volume. On Tuesday, Teng made his introduction to the public through social…
[Nov 16, 2023 2:30 AM] The Singapore-based crypto exchange Bitget’s Hong Kong division said on Nov. 13 that it is no longer seeking a trading license to operate in that region. Market rumors suggest that Bitgetx’s decision not to seek the license may be…
[Nov 14, 2023 5:20 AM] BlockFi filed for bankruptcy in late November last year, in part because of the ripple effects of the sudden collapse of FTX, which triggered an automatic stay that halted proceedings between the two.
[Nov 13, 2023 11:33 AM] Two former colleagues of recently convicted Sam Bankman-Fried are building a new crypto exchange, just days after their former CEO was found guilty on seven charges of fraud.
[Nov 9, 2023 4:32 AM] A total of 12 asset managers have filed for a spot Bitcoin ETF with the U.S. SEC, with the first window for approval from the SEC opening on Nov. 8.
[Nov 7, 2023 7:01 AM] Rebooting a tarnished name is difficult and some firms are so utterly compromised by their failures that there is no real hope of rehabilitation.
[Nov 7, 2023 6:47 AM] Issuance, circulation, and offering trading of "unsecured digital assets" is prohibited outside the country's financial center under laws that came into effect earlier this year.
[Nov 6, 2023 11:03 AM] The Silicon Valley investment firm was part of the Fahrenheit consortium that successfully bid for bankrupt cryptocurrency lender Celsius.
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