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CryptoCurrency

Coinbase’s New Banking Partner a Ray of Hope amidst Struggles in US Banking Sector

  • The new cooperation will allow Coinbase to offer free transfers in Singapore.
  • After the banking turmoil in the USA, some crypto companies struggle to find banking partners.
Wednesday, 15/03/2023 | 09:08 GMT by Damian Chmiel
CryptoCurrency

Binance Reaches Highest Market Share in History despite BUSD Issues

  • BUSD's legal troubles in the US did not influence Binance's volumes.
  • Moreover, the exchange increased its trading activity and advantage over the competition.
Wednesday, 08/03/2023 | 13:05 GMT by Damian Chmiel
Exchanges

Crypto Exchange Hacks and Insurance: Risks, Coverage, and Limitations

  • Crypto exchanges aren't risk free. Get to know why.
Tuesday, 07/03/2023 | 13:32 GMT by FM Contributors
CryptoCurrency

Kraken to Move from Exchange to Crypto Bank amid US Regulatory Dispute

  • Kraken Bank was initially announced almost three years ago.
  • The idea reemerges when the crypto exchange faces regulatory scrutiny in the US.
Tuesday, 07/03/2023 | 09:33 GMT by Damian Chmiel
CryptoCurrency

Coinbase Bolsters Institutional Platform with One River Acquisition

  • One River will transition to become Coinbase Asset Management (CBAM).
  • The purchase aligns with Coinbase's strategy to 'unlock further opportunities'.
Monday, 06/03/2023 | 09:05 GMT by Damian Chmiel
CryptoCurrency

Huobi to Launch Huobi Hong Kong Crypto Exchange amid Regulatory Update

  • Huobi wants to acquire a Hong Kong crypto trading license before 1 June 2023.
  • It launches a separate platform to comply with the local regulatory requirements fully.
Tuesday, 21/02/2023 | 09:09 GMT by Damian Chmiel
CryptoCurrency

LocalBitcoins Shuts Down after a Decade, Cites ‘Very Cold Crypto Winter’

  • The announcement comes after a chaotic year (2022) for the crypto industry.
  • LocalBitcoins weekly volumes have dropped sharply from highs recorded in 2017.
Thursday, 09/02/2023 | 18:49 GMT by Solomon Oladipupo
CryptoCurrency

Binance Invests in Crypto Exchange GOPAX Years after South Korea Exit

  • Binance took the capital from its $1 billion crypto recovery fund.
  • The crypto exchange is now licensed in 15 jurisdictions.
Friday, 03/02/2023 | 15:29 GMT by Solomon Oladipupo
CryptoCurrency

First Binance and Now Coinbase Have Both Been Fined $3.3m in Netherlands

  • Coinbase must pay a $3.3 million fine for unauthorized operations in the Dutch market.
  • Binance paid a similar penalty last year.
Thursday, 26/01/2023 | 09:53 GMT by Damian Chmiel
CryptoCurrency

Crypto Platform Luno Sheds 35% of Workforce

  • Luno is a part of DCG, which is also reducing its current employment.
  • The company misjudged the level of industry slowdown during the crypto winter.
Thursday, 26/01/2023 | 09:06 GMT by Damian Chmiel
CryptoCurrency

Bitfinex Offers Crypto Cards-as-a-Service Product from Tap Global

  • Bitfinex became the first Tap client to offer prepaid Mastercard.
  • Tap Global cards carry Btifinex branding while providing all related services.
Tuesday, 24/01/2023 | 11:42 GMT by Damian Chmiel
CryptoCurrency

OKX Releases Proof of Reserves, Shows $7.5 Billion in BTC, ETH and USDT

  • OKX’s reserves are 100% 'clean' according to CryptoQuant.
  • The company wants to publish PoR reports every month.
Thursday, 19/01/2023 | 11:56 GMT by Damian Chmiel
CryptoCurrency

Coinbase Stops Operations in Japan Due to Market Volatility

  • Earlier, the exchange reported plans to reduce its workforce by 20%.
  • Other major platforms issued similar statements.
Wednesday, 18/01/2023 | 09:18 GMT by Damian Chmiel
CryptoCurrency

Crypto Exchange OKX Introduces Copy Trading to Global User Base

  • OKX first made it possible for users to view top traders' details in May 2022.
  • The exchange partnered with DappRadar and TradingView in recent months.
Tuesday, 17/01/2023 | 19:56 GMT by Solomon Oladipupo
CryptoCurrency

Binance Hires When Coinbase Cuts Employment amidst Crypto Winter

  • Binance wants to increase its staff by another 30% in 2023.
  • Meanwhile, other major crypto exchanges are reducing employment.
Thursday, 12/01/2023 | 09:59 GMT by Damian Chmiel
CryptoCurrency

Binance's New Swedish Registration Marks 7th Regulatory License in EU

  • The crypto exchange is now licensed in 15 jurisdictions across the world.
  • Binance started racking up licenses after opposition from regulators.
Wednesday, 11/01/2023 | 17:19 GMT by Solomon Oladipupo
CryptoCurrency

OKX Broadens DApps Offering, Partners with DappRadar

  • Users of OKX's Web3 Wallet can now access their assets directly from DappRadar.
  • OKX aims to improve the accessibility of DeFi, GameFi and NFTs.
Tuesday, 27/12/2022 | 11:56 GMT by Damian Chmiel
CryptoCurrency

Bitget Launches MegaSwap, Connects DeFi Experience with CeFi

  • MegaSwap aims to allow easier access to DeFi products.
  • It is the second new feature after introducing Bitget Insights in October.
Monday, 26/12/2022 | 11:16 GMT by Damian Chmiel
CryptoCurrency

CySEC Extends FTX EU’s CIF License Suspension to March 2023

  • Japan extended the suspension of FTX Japan to March 9, 2023.
  • Australia's regulator's suspension stands until May 15, 2023.
Thursday, 22/12/2022 | 23:03 GMT by Solomon Oladipupo
CryptoCurrency

Bitget Shares Proof of Reserves, Launches Merkle Validator

  • Bitget customers can audit their accounts themselves.
  • The number of exchanges that publish PoR after the collapse of FTX is growing.
Monday, 05/12/2022 | 09:36 GMT by Damian Chmiel
CryptoCurrency

Exec Leaves Sinking AAX, Another Victim of the FTX Crisis

  • The exchange has suspended withdrawals and is seeking additional capital.
  • The marketing and communications exec has decided to leave the platform's ranks.
Monday, 28/11/2022 | 11:49 GMT by Damian Chmiel
CryptoCurrency

Bybit Supports Crypto Market Makers with $100m Fund

  • Every market maker and institutional client can gain up to $10 million.
  • The crypto exchange wants to stop the adverse effects of the collapse of FTX.
Thursday, 24/11/2022 | 12:27 GMT by Damian Chmiel
CryptoCurrency

Huobi Global Rebrands to Huobi, Aims for a Caribbean Office

  • The crypto exchange was purchased last month by About Capital.
  • The refreshed brand responds to global expansion plans.
Wednesday, 23/11/2022 | 08:16 GMT by Damian Chmiel
CryptoCurrency

Bitget Opens in Seychelles, Wants to Double Staff Globally

  • Cryptocurrency platform operates without headquarters, only with regional branches.
  • The company said the number of employees should increase by 50%.
Tuesday, 22/11/2022 | 12:31 GMT by Damian Chmiel
CryptoCurrency

Cameron Winklevoss Leaves Gemini Europe Directorate

  • Gemini has terminated Blair Halliday.
  • One of the directorate's roles was taken by Gillian Lynch from Gemini Ireland.
Tuesday, 18/10/2022 | 10:42 GMT by Damian Chmiel
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