Exchange Financial News
13.06 / 17:29
Binance
Exchange
Bitcoin
Withdrawals
Binance Pauses Bitcoin Withdrawals Due to 'Backlog'
Major crypto exchange Binance paused bitcoin (BTC) withdrawals due to a backlog, according to its CEO.
09.06 / 03:31
regulation
Exchange
South Korean Crypto Exchanges Prepared to Self-regulate, Says Ruling Party
South Korea’s ruling political party – the People’s Power Party – has stated that the nation’s leading crypto exchanges have created plans that could see them form a self-regulating body that could be empowered to take cross-platform decisions on matters such as delisting and the suspension of transactions.
07.06 / 23:13
Ethereum
Exchange
Legal
Customer
Brazilian Crypto Exchange Foxbit Forced to Pay Customer in ‘Lost’ Ethereum Claim
A court in Brazil has ordered the domestic crypto exchange Foxbit and another crypto-related firm to “reimburse” customer who “lost” almost USD 3,000 worth of ethereum (ETH) in a transfer in February 2020.
07.06 / 17:45
Career
Exchange
FTX
'Strongly Profitable' FTX Will Keep Hiring Despite Bearish Market - CEO
Crypto exchange FTXis not going to slow down hiring new employees despite the adverse market conditions, because the company finds it significantly scaled its revenues and productivity during bullish times -- and is pursuing its hiring plans irrespectively of the industry's general performance, according to Sam Bankman-Fried, the company’s CEO.
06.06 / 20:39
Altcoins
Trading
Exchange
week
Crypto Listing and Delisting Announcements: Week 23
Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today.
06.06 / 15:27
Binance
regulation
Exchange
reputation
regulatory
Crypto Firms Flock to Dubai for Regulatory Clarity as UAE Cleans Its ‘Grey’ Reputation
If you’re in the crypto industry, it seems that Dubai is the place to be right now. Not only is the most populated city in the UAE and one of the world’s biggest tourist hotspots, but it has recently seen an influx of crypto firms looking to establish a regional (or global) base, including Binance, FTX, Crypto.com, and Bybit.
02.06 / 03:13
Altcoins
Exchange
Terra
Bitcoin
Upbit Operator Distances Itself from Terra-LUNAC ‘Investment’, Says It Swapped Coins for Bitcoin
Dunamu, the operator of Upbit, South Korea’s biggest crypto exchange, has moved to distance itself from connections with Terraform Labs’ terra (previously LUNA, now - LUNAC) – dismissing notions that its management “may have invested directly” in the Terra network, and labeling reports as “clearly false.” And while previous reports had claimed that a Dunamu subsidiary had invested a large chunk of its founding capital into LUNAC tokens, only to sell the coins off in February last year, the firm stated that it had not liquidated the coins for cash, but had instead swapped them for bitcoin (BTC).
30.05 / 20:21
Altcoins
Trading
Exchange
week
Crypto Listing and Delisting Announcements: Week 22
Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today.
30.05 / 16:07
Altcoins
Exchange
Upbit
South Korean Crypto Exchanges Form Joint Response Council to Avoid Repeat of LUNA ‘Incident’
South Korea’s five biggest crypto exchanges have vowed to create a “joint response council” to avoid a repeat of what the media and politicians in the country have labeled the “terra (LUNA) incident.”
30.05 / 12:21
NFT
Europe
Non-fungible tokens
Exchange
Crypto Exchange WhiteBit Wins NFT & Crystal Trophy Auctioned by Eurovision Winner Kalush Orchestra
With a bid of USD 900,000, the European crypto exchange WhiteBit has won the non-fungible token (NFT) and the crystal trophy auctioned by Kalush Orchestra, the winners of the Eurovision Song Contest 2022.
27.05 / 11:41
Exchange
scam
Police
Police Reportedly Looking into Allegations that a Terraform Staffer ‘Embezzled’ Funds
South Korean police could reportedly take over from the “Yeouido Grim Reaper” financial crimes investigation unit in the probe of Terraform Labs after “embezzlement” charges were leveled at an unnamed employee.
26.05 / 19:25
Blockchain
Stablecoin
Altcoins
Exchange
Terra
Support
Terra Moves Closer to New Chain Launch, Secures Exchange Support
The Terra (LUNA) blockchain is moving closer to being re-born as Terra 2.0, this time without an algorithmic stablecoin. The project has already received the blessing of several exchanges, but questions about what the value of Terra is without a stablecoin have started to emerge.
26.05 / 15:49
Exchange
scam
Investment
Returns
elon
New Elon Musk Crypto Scam Deepfake Promises 30% Returns On Deposits
Tesla CEO Elon Musk continues to be the target of online con artists who are using his image to rob traders of their cash - with a new deepfake video depicting the billionaire entrepreneur making the rounds on Twitter.
25.05 / 14:27
regulation
Exchange
Upbit
2020
Upbit Operator Faces Scrutiny Over Affiliate’s 2020 USD 103M LUNA Sale
South Korean crypto exchanges are now in the firing line as the terra (LUNA) crash fallout continues to sow the seeds of chaos in the domestic crypto industry.
24.05 / 17:09
Career
coinbase
Exchange
Coinbase 'Frequently' Asks Employees to Rate Each Other - Report
Major crypto exchange Coinbase is reportedly asking employees to rate each other quite often after meetings and other interactions.
23.05 / 19:25
Altcoins
Trading
Exchange
week
Crypto Listing and Delisting Announcements: Week 21
Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today.
21.05 / 10:01
Exchange
Legal
BitMEX
Arthur Hayes
Prison
BitMEX Co-founder Arthur Hayes Spared from Prison
In the US, BitMEX co-founder and former CEO Arthur Hayes was sentenced to two years’ probation and will spend the first six months of his sentence in home confinement.
20.05 / 18:05
Career
coinbase
OKEx
Exchange
KuCoin, OKX Stick to Their Hiring Plans Despite Downturn as Coinbase Slows Down Hiring
Crypto exchanges KuCoin andOKX, say they do not intend to make any major changes to their respective hiring plans, maintaining a steady stream of new job openings.
19.05 / 14:05
Facebook
Payments
wallet
Exchange
Trademark Applications Suggest Meta May Launch Crypto Platform
Technology giant Meta, previously Facebook, has filed five trademark applications for a digital payments platform dubbed 'Meta Pay'.
17.05 / 14:55
coinbase
Exchange
BitMEX
spot trading
Customers
Coinbase Plays Web3 Card, BitMEX Launches Spot Trading in Race for New Customers and Revenues
Major crypto exchanges Coinbase and BitMEX are deploying new features to lure more customers, benefiting from users’ rising interest in direct and mobile Web3 access, and spot markets, among others.
17.05 / 03:15
Exchange
fees
banking
South Korean Banks Earned USD 31M in Crypto Transaction Fees Last Year
Three South Korean banks earned USD 31.2m from their crypto exchange partnership deals in 2021, new data has revealed – suggesting that partnering with trading platforms could be paying off for the often-cautious domestic banking sector.
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