Exchanges Financial News
07.06 / 15:35
markets
exchanges
Bitcoin
Bitcoin Price
freeze
What asset freeze? Binance BTC outflows muted as users shun panic selling
Bitcoin (BTC) hitting three-month lows did not spur hodlers to panic sell, on-chain data shows.
06.06 / 16:53
business
Law
regulation
Asia
exchanges
regulatory
Hong Kong’s regulatory lead sets it up to be major crypto hub
Hong Kong — officially the Hong Kong Special Administrative Region of the People’s Republic of China — is a city of over seven million residents on the eastern Pearl River Delta in South China. The city is known for being pro-innovation and technology, and over the past year, it has introduced legislation to promote and adopt cryptocurrencies.
01.06 / 19:35
business
Technology
exchanges
Tech
Don't be surprised if AI tries to sabotage your crypto
As the world of cryptocurrency trading evolves, so does the technology supporting it. In recent years, we've seen a surge in AI tools like ChatGPT being integrated into various facets of the crypto landscape. This development, while exciting, is not without its drawbacks.
31.05 / 17:15
Binance
regulation
exchanges
reports
Binance Chief Communications Officer Responds to Reports on Job Cuts
Binance’s chief communications officer denied that the world’s largest cryptocurrency exchange is cutting 20 percent of its staff, following news reports about the job cuts on Wednesday morning.
30.05 / 16:23
Binance
SEC
Bloomberg
exchanges
banking
Binance in Talks To Let Traders Keep Collateral at a Bank: Bloomberg
Binance, the world’s largest crypto exchange, is in the midst of discussing a proposal to let some of its institutional clients keep their trading collateral at a bank, instead of with the crypto platform, according to Bloomberg News.
30.05 / 12:27
business
regulation
exchanges
Crypto firms jockey for Hong Kong licenses ahead of June 1 retail opening
The race to snatch up Hong Kong retail crypto traders is about to kick off, with several cryptocurrency companies announcing plans to apply for a license come June 1.
26.05 / 18:29
Gemini
exchanges
Crypto Exchange Gemini Selects Ireland for Its European Headquarters
Crypto exchange Gemini will have a second home in Ireland after co-founder Cameron Winklevoss announced it would make Ireland its European headquarters.
22.05 / 08:03
business
exchanges
Hotbit exchange halts operations, urges users to withdraw funds
Crypto exchange Hotbit announced that it would be halting operations as of May 22. The exchange asked its users to withdraw funds before June 21, at 4:00 am UTC.
19.05 / 06:35
business
Binance
regulation
exchanges
BTC Markets
saga
Australian
Australian exchanges dispel debanking fears amid Binance saga, but risks loom
Australian-based cryptocurrency exchanges have lined up to quash contagion fears after the payments provider for Binance Australia was told to offboard the exchange, though some have warned risks still loom.
19.05 / 01:39
business
Payments
exchanges
banking
Binance Australia partner hints at rising ‘scams’ after debanking exchange
The third-party payments provider for Binance Australia, Cuscal, hinted about the impact of “scams and fraud” related to “account fraud, ID takeover and crypto activity” after being questioned why it offboarded the exchange on May 18.
18.05 / 03:43
business
Binance
exchanges
Dollar
Suspends
services
Binance Australia suspends AUD fiat services, citing issues with third party
Cryptocurrency exchange Binance Australia has informed users it has suspended Australian dollar services as its local payment services provider has seemingly stopped support for the exchange.
15.05 / 20:29
regulation
SEC
coinbase
exchanges
Bittrex
Sec Chair
compliance
SEC Chair Says Crypto Intermediaries Are Rife With Conflict and Urges Compliance
The US Securities and Exchange Commission stands ready to help crypto intermediaries come into compliance, said the agency’s Chair Gary Gensler.
12.05 / 05:09
business
FTX
exchanges
Court
Lawsuit against FTX celebrity promoters gets backup from former exec
A class action lawsuit against celebrities who allegedly promoted the now-bankrupt FTX has scored the cooperation of a former exchange executive — ex-compliance chief Daniel Friedberg.
09.05 / 14:35
regulation
SEC
coinbase
exchanges
Custody
SEC crypto
Coinbase Chief Legal Officer Pushes Back Against US SEC Crypto Custody Rule Proposal
Coinbase’s chief legal officer called a newly proposed US rule tightening cryptocurrency custody requirements “misguided” and said some parts need to be changed.
09.05 / 12:59
business
Binance
coinbase
exchanges
Lightning Network
lightning
Bitcoin
network
Bitcoin fee spike spurs shift to Lightning Network: Binance and Coinbase line up
The recent surge in Bitcoin (BTC) transaction fees has lit a fire under one of the largest crypto exchanges to upgrade to the Bitcoin Lightning Network. Following a second halt in withdrawals, Binance announced it would work on “enabling BTC Lightning Network withdrawals, which will help in such situations.”
05.05 / 16:29
04.05 / 05:31
Adoption
exchanges
CEX
CEX trading volumes decline in April after months of growth: Kaiko
Centralized crypto exchanges have seen a dip in trading volumes in April for the first time in three months as digital assets cool off from a hot first quarter.
04.05 / 04:49
business
coinbase
exchanges
Financial Services
Loans
Backed
Coinbase to cease issuing new Bitcoin-backed loans via Borrow service
Crypto exchange Coinbase is stopping the issuance of new loans through its Borrow service — a product that allows certain United States customers to post crypto as collateral to receive a cash loan.
03.05 / 13:29
Ethereum
coinbase
exchanges
Derivatives
Bitcoin
International
Coinbase debuts international exchange following feud with a U.S. regulator
The largest U.S.-based cryptocurrency exchange launched the Coinbase International Exchange, which will be open to institutional investors outside the U.S., following tension with the Securities and Exchange Commission over the past few weeks.
03.05 / 06:19
Blockchain
regulation
crimes
Cybercrime
exchanges
Money laundering
FBI, Ukraine seize 9 exchange domains on money laundering allegations
Nine digital currency exchanges allegedly aiding and abetting cybercriminals had their domains seized by the United States Federal Bureau of Investigation (FBI) and Ukrainian law enforcement.
28.04 / 11:29
business
Blockchain
Kucoin
exchanges
KuCoin confirms an exchange user is behind alleged daily rug pulls
Crypto exchange KuCoin confirmed that the address allegedly responsible for launching thousands of memecoin scams belongs to one of its users. However, the exchange will not freeze the user’s assets without any official notice from law enforcement.
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