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News
Binance Serves Users Despite 2023 Exit, Sees 43% Decline in Russian Traffic
2024-09-26T10:33:50.880+02:00
The firm's Russian-language Telegram channel remains active, providing updates to 130,000 subscribers.
It claims to have exited Russia; despite a drop, the country still accounts for 6% of its total website traffic.
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CryptoCurrency
Kraken Ramps Up European Presence by Acquiring BCM, Elevates Crypto Offering
2024-09-24T11:05:46.286+02:00
The acquisition enables the firm to operate as a registered VASP in France and Poland.
BCM clients will have access to over 200 digital assets, improved liquidity, and 24/7 support in local languages.
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Exchanges
Banking Giant Bets Big on EU's First Regulated Crypto Futures Platform
2024-09-17T11:17:12.897+02:00
Standard Chartered's SC Ventures leads investment in One Trading, formerly known as Bitpanda Pro.
The crypto exchange recently obtained regulatory approval for crypto derivatives trading in the EU.
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CryptoCurrency
Bybit Gains Provisional Crypto License in Dubai
2024-09-16T13:33:51.719+02:00
The crypto exchange established its headquarters in Dubai two years ago.
Although the provisional license is non-operational, it is a step closer to obtaining a full license.
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Exchanges
Crypto Crackdown Down Under: ASIC’s Pyrrhic Victory against Kraken
2024-09-09T09:05:25.842+02:00
An Australian court ruled that fiat margin trading requires compliance with the Corporations Act.
The company states an urgent need for clear crypto regulations in the country.
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CryptoCurrency
Trustpilot Flags “Fake” Binance Reviews: Disables Crypto Exchange's TrustScore
2024-09-05T08:38:19.683+02:00
80 percent of Binance reviews on Trustpilot have 1 star, while another 6 percent have only 2 stars.
Most of the top crypto exchanges are rated either “Poor” or “Bad” on Trustpilot.
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Former Mt. Gox CEO Rolls Out New Crypto Exchange EllipX in Poland
2024-09-04T12:29:50.640+02:00
EllipX will initially serve European users and aims to comply with EU MiCA regulations.
The platform will begin as crypto-only, with future plans for banking and fiat services.
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Exchanges
Crypto Exchange Reveals Insane Plan to Pay Influencers $5 Million
2024-09-03T11:55:56.804+02:00
Bitget has launched a Task-to-Earn program, offering finfluencers a new way to earn commissions.
Nowadays, more traders are basing their investments on the advice of online personas.
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CryptoCurrency
Exclusive: Przemyslaw Kral Reveals How zondacrypto Turned Sports into Recipe for Success
2024-08-28T13:18:33.958+02:00
The crypto exchange leverages sports partnerships to fuel international growth, with Italy becoming its second-largest market.
Finance Magnates discussed zondacrypto's further plans and the recent ZND token launch.
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CryptoCurrency
Crypto Exchanges Flocking Towards Turkey: Coinbase, KuCoin Apply for Licence
2024-08-19T06:27:37.437+02:00
A total of 76 companies have been included in the list published by the Capital Markets Board of Türkiye.
Turkey ranks fourth in terms of crypto trading volumes.
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CryptoCurrency
WazirX Didn't Insure Customers’ Funds: Plans to Lock 45% Assets of ‘All Users’
2024-07-29T10:33:31.089+02:00
The exchange proposed a controversial plan to distribute the impact of the loss to all users.
It wants to lock 45 percent of all customers’ assets until recovery.
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CryptoCurrency
HSBC Australia Blocks Crypto Transactions amid $171M Loss
2024-07-25T10:34:38.364+02:00
The organization is blocking payments to cryptocurrency exchanges starting July 24.
Bendigo Bank has also decided to block payments to cryptocurrency exchanges.
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Exchanges
Crypto Exchange Bybit Targets Institutional Traders with 2 New Features
2024-07-24T10:31:03.486+02:00
Bybit has introduced a Spot Liquidity Pairing Program and a zero-fee Block Trading.
The exchange aims to enhance liquidity and facilitate large-scale transactions in the crypto market.
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Exchanges
Bitget Ranks Third among Crypto Exchanges for Capital Inflows in Q2
2024-07-11T10:24:12.744+02:00
Platform's Q2 2024 report reveals $700 million in capital inflow and a 50% increase in website traffic.
It also added 2.9 million new users and increased its overall market share.
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Exchanges
Crypto Exchange Volumes Dip 20% in June, But Huobi Bucks the Trend
2024-07-10T12:18:13.513+02:00
Huobi surpasses competitors, jumping from 5th to 3rd in spot volume rankings.
Year-on-year, the platform also recorded the strongest growth, a fivefold increase.
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CryptoCurrency
Bybit Surged Among Crypto Exchange Rivals: Can It Surpass Binance Too?
2024-07-09T11:37:12.097+02:00
Recent data shows that among centralized crypto exchanges Bybit is making the strongest growth.
Bybit COO Helen Liu identifies the exchange's Unified Trading Account feature as a key factor.
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Exchanges
Bitget Targets India Expansion with Crypto Regulatory Compliance Push
2024-07-03T10:18:40.904+02:00
The crypto exchange is currently in talks with the local market watchdog.
India is one of the fastest adopters of digital assets in the world.
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CryptoCurrency
WhaleFin Rebrands to S.BLOX for Sony's Crypto Exchange Transformation
2024-07-01T18:50:57.512+02:00
The rebranding includes a new user interface and mobile app; the launch date hasn't been set.
Originally DeCurret, the platform was acquired by Sony's Quetta Web Co. after being under Amber Group.
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MiCA Is Already Here: Binance Restricts EU Users from Copy Trading and Many Stablecoins
2024-06-26T09:07:12.830+02:00
Major crypto exchange announces sweeping changes to comply with new EU regulations.
This means the end of copy trading in the EEA and a limitation to only three "authorized" stable tokens.
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CryptoCurrency
Bitpanda Reaches 5 Million Users, Targets Further Expansion
2024-06-25T11:23:00.814+02:00
European fintech unicorn sees growth amid rising demand for digital assets.
In the second quarter, the number of users increased by 500,000.
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CryptoCurrency
Bybit Marks 30 Million Users as New Copy Trading Platform Debuts
2024-06-19T14:19:07.061+02:00
The crypto exchange has added 10 million new users since November.
Now, it will let its clients mirror the strategies of vetted expert traders.
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CryptoCurrency
Cryptocurrency Exchange Spot Volumes Surge over 170% in a Year
2024-06-19T13:05:54.023+02:00
Although volumes are increasing year-over-year, they have declined for the 2nd consecutive month in 2024.
The reason is the profit-taking following the Bitcoin halving in April.
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Binance Reaches 200 Million Users amid Crypto Market Surge
2024-06-10T09:15:20.281+02:00
The exchange currently serves 36% of all crypto users worldwide.
Its goal is to increase the number of customers to 1 billion.
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CryptoCurrency
Lawsuit Filed as Investors Seek to Reclaim Lost Assets in JPEX Scandal
2024-06-06T10:28:18.658+02:00
Two individuals sued crypto exchange JPEX to recover over HK$1.85 million.
The JPEX case led to 73 arrests, prompting calls for expedited investigations.
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CryptoCurrency
OKX Extends to Netherlands Offering Crypto Wallet and Exchange
2024-06-03T12:06:25.847+02:00
Dutch customers can spot trade and convert over 150 cryptos including 60 crypto-Euro pairs.
The company holds a crypto service provider registration with De Nederlandsche Bank.
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