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CryptoCurrency
SFC Issues New Crypto Regulations: 2 Platforms Licensed, 17 Await Approval
2024-06-03T10:44:08.918+02:00
As of June 1, OSL Digital Securities and Hash Blockchain are licensed crypto trading platforms.
Several crypto exchanges, including OKX and Gate.hk, are ceasing operations in Hong Kong.
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Executive Moves
From TV Host to Crypto Exchange CEO: Gracy Chen at the Helm of Bitget
2024-05-21T13:03:25.209+02:00
She joined the digital assets platform two years ago as the Managing Director.
The new CEO has a decade of experience in business management, marketing, and investment.
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CryptoCurrency
Bybit Crosses 30 Million User Threshold amid Sixfold Volume Jump
2024-05-21T12:27:19.669+02:00
The exchange gained 5 million customers over the span of two months.
Simultaneously, its trading turnover increased by 600% since April 2023.
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CryptoCurrency
BingX Announces "ExpansionX" Strategy on 6th Anniversary
2024-05-20T13:00:00.000+02:00
The development plan includes new spot and futures products, and new markets.
The crypto exchange currently serves more than 10 million crypto traders worldwide.
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CryptoCurrency
Hidden Road Integrates OKX Nitro Spreads for Arbitrage Strategies
2024-05-20T08:59:34.214+02:00
The institutional clients will access OKX's deep liquidity and execution of advanced trading strategies.
Both companies aim to drive institutional adoption in the crypto space.
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CryptoCurrency
Breaking: Coinbase Suffers “System-Wide Outage”
2024-05-14T07:55:37.528+02:00
The website of the crypto exchange is showing a "503" error.
The outage has also affected the mobile app and self-custody wallet.
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CryptoCurrency
OKX Enters Australia with Spot and Derivatives Crypto Trading
2024-05-14T07:07:59.504+02:00
Spot trading is available to all, while only verified wholesale clients can access derivatives.
The launch came a year after OKX established its Sydney offices.
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CryptoCurrency
Bankrupt FTX Plans to Pay Nearly All Customers 118% of Their Claims
2024-05-08T07:50:13.166+02:00
The creditors with claims of $50,000 or less will be eligible to receive 118 percent of their claims.
It will also pay non-governmental creditors an interest of 9 percent on their full claims.
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Exchanges
Bitget’s Crypto Trading Volume Surges over 100% in Q1 2024
2024-04-11T11:46:53.963+02:00
Futures trading volumes increased even more, reaching $1.4 trillion.
Moreover, the BGB token hit an all-time high, and the user base expanded to 25 million.
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CryptoCurrency
OKX Unveils European Expansion Plan with Okcoin Rebrand
2024-04-11T08:37:43.817+02:00
The platform also announces the new General Manager for the region.
Currently, the crypto exchange is the 4th biggest worldwide in terms of spot volumes.
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CryptoCurrency
Crypto Exchange OKX Pays €304,000 Fine in Malta for Compliance Failures
2024-03-27T12:34:20.842+02:00
Okcoin Europe, the crypto exchange's local branch, settled with the MFSA.
The regulator considered the exchange's "goodwill" when imposing the fine.
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CryptoCurrency
Nigeria Presses Binance amid Economic Turmoil and Detains Executives
2024-03-13T18:21:12.539+02:00
The authorities demand user data of the top 100 users and six months of transactions.
Binance faces intensified crackdown by authorities for alleged currency speculation.
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CryptoCurrency
OKX Joins Growing List of Crypto Exchanges with Singapore's MPI License
2024-03-13T09:55:00.036+02:00
Another digital assets platform secured an in-principle payments license.
OKX is now able to provide digital payment token services and cross-border transfers.
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CryptoCurrency
Bitget’s User Base Soars to 25 Million amid Crypto Boom
2024-03-07T12:00:00.000+02:00
In addition, the BGB token hits $1, and custodial assets surge 250%.
The exchange recorded an increase in the popularity of copy trading services.
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Institutional FX
Germany's Biggest Stock Exchange Goes Crypto
2024-03-05T11:45:57.438+02:00
Deutsche Börse positions itself at the forefront of the adoption of digital assets.
The new DBDX exchange aims to provide crypto space for institutional investors.
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CryptoCurrency
Crypto Giants Absent as Hong Kong Attracts 24 Companies for Licenses
2024-03-01T12:25:43.868+02:00
Platforms must apply by February 29th or cease operations by the end of May.
Much of the crypto entering the city flows through OTC trades rather than exchanges.
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CryptoCurrency
Bitget Leverages Messi Sponsorship in Battle for Latin America
2024-02-21T10:35:35.818+02:00
The crypto exchange targets Latin America for expansion, focusing on beginner-friendly products.
In the competitive market, football is one of the factors that can help.
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CryptoCurrency
Bybit Targets European Growth with New Amsterdam Office
2024-02-19T12:41:40.918+02:00
Partnership with SATOS enables Bybit's growth and adherence to Dutch laws.
Now, the crypto exchange is deepening expanding its nearly year-long cooperation even further.
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CryptoCurrency
Digital Bank is Taking on Coinbase with a New Crypto Trading Platform
2024-02-19T12:24:18.598+02:00
Revolut is launching an advanced crypto trading platform with low fees.
The new exchange targets seasoned traders, aiming to compete with top industry players.
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CryptoCurrency
Coinbase Turns Solid Profits in Q4: Shares Jump 14% Afterhours
2024-02-16T08:23:37.688+02:00
The exchange reported a quarterly profit of $273.4 million.
It generated a transaction revenue of $529 million, a surge of 84 percent.
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CryptoCurrency
FTX Hack Was Not an Inside Job: US Prosecutors Charge 3 for SIM-Swap Fraud
2024-02-02T07:30:26.745+02:00
The three individuals impersonated an FTX employee to siphon $400 million.
The attack came hours after FTX and its affiliates filed for bankruptcy.
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CryptoCurrency
Bitget Advances Crypto Security with MPC Technology Upgrade
2024-01-26T12:00:00.000+02:00
The crypto exchange boosts wallet security with MPC technology upgrade.
It now utilizes Trusted Execution Environment technology.
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CryptoCurrency
Bitget Unveils New Smart Copy Mode to Help Novice Crypto Traders
2024-01-24T12:00:00.000+02:00
The new feature lets users invest based on total assets.
Upgraded copy trading and separate futures accounts should enhance user protection.
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CryptoCurrency
Bitget Introduces GetScribe for Improved Blockchain Access
2024-01-17T12:00:00.000+02:00
The new service allows easy omnichannel inscriptions across 19 blockchains.
GetScribe's features include batch inscriptions and early access to BRC-20 tokens.
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CryptoCurrency
KuCoin Expands User Base to 31 Million, Doubles Trading Volume in 2023
2024-01-09T12:51:53.146+02:00
The crypto exchange reported a visible growth despite regulatory challenges.
The spot crypto volumes rose 106% compared to 2022.
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