Exchanges

Crypto Exchange FTX Plans to Launch Support for Trading Tokenized Nasdaq Stocks

On Thursday (October 29), spot and derivatives exchange FTX confirmed that it plans to launch next week a way to trade the tokenized form of select U.S. stocks against cryptoassets (including Bitcoin and certain stablecoins). Tokenization means that it will be possible to buy fractions of popular U.S. stoocks such as Amazon (AMZN) and Apple […]

Coinbase Launches Visa Debit in the U.S. That Offers Up to 4% in Crypto Rewards

On Wednesday (October 28), crypto exchange Coinbase announced the launch of Coinbase Card (its crypto debit card) in the U.S. Coinbase first introduced Coinbase Card — a new Visa debit card that allows Coinbase customers to easily spend any of the crypto balances in their Coinbase account for paying for goods/services anywhere that Visa is […]

Winklevoss Twins’ Crypto Exchange ‘Gemini’ Now Supports the Euro (EUR)

On Wednesday (October 28), crypto exchange Gemini announced support for the Euro (EUR). The Winklevoss twins—Tyler and Cameron Winklevoss—are the co-founders of Gemini Trust Company, LLC (which operates the Gemini digital asset exchange) as well as family office Winklevoss Capital Management, LLC. In a blog post published yesterday, Team Gemini said that the exchange now supports the Euro for […]

Ethereum DEX Volumes Plummet Following Drop in DeFi Incentives

Decentralized exchange (DEX) volume on ethereum’s network has plummeted over the last month, coinciding with a decline in incentives for DeFi products.

Crypto Exchange DragonEx Weighs Shutdown Amid Ongoing ‘Crisis of Trust’

Singapore-based cryptocurrency exchange DragonEx has revealed it’s weighing shutting down its operations amid an ongoing “crisis of trust” the centralized exchange is facing over OKEx’s recent withdrawal freeze. According to an official announcement, DragonEx froze deposits and withdrawals after the recent OKEx withdrawal freeze created the trust crisis, which saw exchange users start withdrawing their […]

Bitstamp Adds Crime Insurance Policy for Crypto Assets Held on Exchange

Cryptocurrency exchange Bitstamp has announced a new crime insurance policy to cover digital assets held on the platform.

Binance Jersey Shutting Down Operations… Due to Disappointing Trading Volumes?

Binance’s fiat-to-crypto exchange in Europe, Binance Jersey, is reportedly set to shut down later this year as trading volumes on the platform failed to pick up steam over time. The cryptocurrency trading platform was launched to tap into the European markets in early 2019, supporting trading pairs between bitcoin (BTC) and ether (ETH) against the […]

A Simple User’s Guide to Bitcoin ATMs

There are now more than 10,000 Bitcoin ATMs, aka BTMs, in the world — more than three-quarters of which are installed in the United States. The first Bitcoin ATM was installed in 2013. That’s seven years between the first Bitcoin ATM installation and the ten-thousandth, compared with the nine years it took banks to do […]

Coinbase Custody Considering Adding Support for Several More Cryptoassets

Coinbase Custody announced on Friday (October 16) that “over the coming months,” it plans to “support more assets.” Coinbase Custody, which was launched in 2018, “offers clients access to the secure, institutional-grade offline storage solution that has been used by Coinbase’s exchange business since 2012,” and it is “an independent, NYDFS-regulated entity built on Coinbase’s […]

OKEx Says Addresses Sending $960 Million in Bitcoin to Binance Are Not Theirs

A total of 8,500 BTC were flagged as being moved from crypto exchange OKEx to Binance over two transactions, with the first one being of 5,000 BTC ($56.5 million) and the second one being of 3,500 BTC ($39.6 million). The transactions were spotted by large transaction monitor Whale Alert, which flagged them on social media […]

$2.2 Billion Worth of Bitcoin Held in OKEx Wallets, Data Shows

Data shows that the prominent cryptocurrency exchange that halted withdrawals indefinitely over one of its private key holders being “out of touch” with the firm while “cooperating with a public security bureau in investigations,” has over 200,000 BTC, worth over $2.2 billion, in its wallets. Data from Glassnode seems to show that 1.1% of BTC’s […]

OKEx Suspends Withdrawals as Key Holder Cooperates With an Investigation

Popular cryptocurrency exchanges OKEx has suspended all cryptocurrency withdrawals indefinitely, as one of the trading platform’s private key holders has “been out of touch” with the exchange because they are “cooperating with a public security bureau in investigations.” Most top cryptocurrencies saw their price drop on the news, with bitcoin dropping over 3% in 230 […]

Jack Dorsey Likes Coinbase’s Plan to Sponsor ‘At Least’ Two Bitcoin Core Developers

Crypto exchange Coinbase has announced that, as part of its Crypto Community Fund, it “plans to sponsor at least two Bitcoin developers, who contribute directly to the Bitcoin Core codebase or closely associated Bitcoin projects.” According to Coinbase’s blog post, its Crypto Community Fund “aims to grow and improve the entire crypto industry, while making […]

$11 Billion Worth of Bitcoin Are Stored on Coinbase’s Cold Wallets

San Francisco-based cryptocurrency exchange Coinbase reportedly holds about 994,904 bitcoin in its cold wallets, which at current prices means the exchange has over $11 billion in cold storage. According to data from bitcoin analytics platform ChainInfo, first reported on by Decrypt, the cryptocurrency exchange has the funds stored across over 4 million BTC addresses. The […]

Coinbase User Transfers $463 Million in Bitcoin Leading to Speculation of Institutional Investment

A Coinbase user transferred more than $463 million in bitcoin across four transactions, triggering speculation that more high-net-worth institutions are entering the industry of cryptocurrency.

Binance Helps Crypto Investor Recover $30,000 From Exit Scam

Popular cryptocurrency exchange Binance has helped a cryptocurrency investor recover 200,000 yuan (about $30,000) that were lost after the user fell victim to an exit scam posing as a yield farming project. According to the exchange, the cryptocurrency investors identified the liquidity mining project and after a few days of doing some research, he concluded […]

CFTC Commissioner Dan Berkovitz Talks Crypto Regulations, BitMEX Complaint

CFTC Commissioner Dan Berkovitz explained his background working with private clients interested in digital currencies and provided a take on the BitMEX complaint.

You Can Now Buy Crypto From Within the Coinbase Wallet Mobile App

On Monday (October 12), crypto exchange Coinbase announced that its non-custodial crypto wallet app can now be used not just for holding digital assets but buying them as well directly from within the app. In a blog post published yesterday, Group Product Manager Sid Coelho-Prabhu explained the motivation for this new feature: “Wallet allows users […]

CME Bitcoin Options Contract Volumes Surged 79% in September: Report

A total of 4,872 bitcoin options contracts were traded on the Chicago Mercantile Exchange (CME) in September of this year, up from 2,717 in August, according to CryptoCompare’s September 2020 Exchange Review. The 79.3% increase came in a month in which the price of the flagship cryptocurrency didn’t move to break its current range between […]

CryptoCompare: Top-Tier Exchanges Set 2020 Daily Trading Volume Record in September

Top-tier cryptocurrency exchanges set a daily volume high for 2020 on September 3, according to the latest edition of CryptoCompare’s exchange review guide.

EOSFinex Launches Beta Version on EOS Mainnet

Decentralized cryptocurrency platform EOSFinex has announced the launch of its beta version on EOS mainnet, allowing users direct access to Bitfinex liquidity.

Coinbase CEO Says Only Around 5% of Employees Have Decided to Leave in Protest

Coinbase CEO Brian Armstrong’s somewhat controversial decision to create an apolitical workplace has resulted in around 60 employees (5% of its workforce) choosing to accept the severance/exit package and leaving the firm. As Axios reported on October 1, it all started in June when “a group of Coinbase employees walked out after CEO Brian Armstrong […]

Binance Was the Largest Crypto Derivatives Exchange in September: CryptoCompare Report

Binance was the largest cryptocurrency derivatives trading platform in September by trading volume, seeing traders move $164.8 billion last month, according to CryptoCompare’s September 2020 Exchange Review. Binance’s figure was down 10.7% when compared to August, but other top derivatives trading platforms were seemingly worst off. Huobi came in second, trading $156.3 billion, 25.8% less […]

SBI Acquires Japanese Exchange TaoTao After Negotiations with Binance Fell Through

SBI Group has acquired the Japanese cryptocurrency exchange TaoTao for an undisclosed amount after the latter concluded negotiations on Monday.

MVIS CryptoCompare Institutional-Grade Tools Licensed to Bitpanda

MVIS and CryptoCompare have licensed their institutional-grade indices to cryptocurrency exchange Bitpanda for use in their first regulated product.

Billionaire Bitcoin Advocate Tim Draper Invests in India’s Oldest Crypto Exchange

Unocoin Technologies Private Limited (“Unocoin”), the owner/operator of Unocoin, India’s first crypto exchange, is close to finalising its Series A funding round, which is currently led by Tim Draper’s early-stage venture capital firm Draper Associates. Bengaluru-based Unocoin, which was founded in July 2013, has over 1.2 million users. Investors from earlier rounds (that have raised […]

Zilliqa (ZIL) to Enter DeFi Space With Zilswap, a DEX Built by Cross-Chain Platform Switcheo

Zilliqa (ZIL), a high-throughput blockchain platform designed to scale almost linearly as the number of nodes scales, is set to enter the decentralized finance (DeFi) space with a decentralized exchange built by Switcheo. Switcheo, it’s worth noting, is a cross-chain decentralized exchange first launched on the NEO blockchain, that then added atomic swaps and started […]

2020 Not a Good Year for Crypto Exchanges as 75 Already Shut Down This Year

A total of 75 cryptocurrency exchanges have already shut down so far this year by either voluntarily shutting down, getting hacked, being shut down by a government, or simply disappearing from the web. According to Cryptowisser’s Crypto Exchange Graveyard, the figure is p 56% from last year and is showing no signs of letting up. […]

UK Markets Watchdog Bans Sale of Crypto Derivatives and ETNs to Retail Investors

The UK’s markets watchdog, the Financial Conduct Authority (FCA) has banned the sale of cryptocurrency derivatives and exchange-traded notes (ETNs) to retail investors. In an announcement, the FCA reveals it considers crypto derivatives and ETNs to be “ill-suited for retail consumers due to the harm they pose.” The regulator added that these products “cannot be […]

Ethereum Transaction Fees Plummet as Network Congestion Eases

Ethereum transactions have fallen 85 percent over the last three weeks as users move towards centralized exchanges for DeFi access.

KuCoin Has Identified The People Behind the September 26 Security Breach

On Saturday (October 3), Johnny Lyu, Co-Founder and CEO of Singapore-based crypto exchange KuCoin Global, provided an interesting update on the September 26th security incident that resulted in the loss of around $280 million in cryptoassets. Around 02:51 UTC+8 on September 26 (or 18:51 UTC on September 25) to be more specific, KuCoin, which had […]

DeFi Users Lock $67 Million in Yield Farming Project APY.Finance in One Hour

Decentralized finance (DeFi) investors have locked in over $67 million worth of stablecoins in a new yield farming project called APY.Finance within one hour of its launch. APY.Finance uses smart contracts to help uses generate as much interest as possible from liquidity provided to various other DeFi platforms using DAI, USDC, and USDT. Users are […]

Coinbase Now Offers Instant Withdrawals in Almost 40 Countries

Crypto exchange Coinbase has announced that it is now offering “instant withdrawals” in almost 40 countries (including the US, the UK, and member countries of the European Union). In a blog post published yesterday, product manager Eddie Lo, said that although crypto transfer are usually very quick, when customers of centralized exchanges wish to sell […]

BitMEX Traders Withdrew Over $330 Million in Bitcoin After CFTC’s Announcement

Traders have withdrawn over 32,200 bitcoin, worth over 4330 million, from the cryptocurrency derivatives trading platform BitMEX after the U.S Commodity Futures Trading Commission (CFTC) announced that it had brought charges against “five entities and three individuals” that own and operate it. According to data provider Glassnode, in a single hour around 13% of BitMEX’s […]

Veteran Crypto Investor: CFTC and DOJ’s Actions Against BitMEX Are Bad For DeFi

On Thursday (October 1), crypto investor Adam Cochran, explained why the actions of the U.S. Commodity Futures Trading Commission (CFTC) and the U.S. Department of Justice against BitMEX are are bad news for decentralized finance (DeFi). On Thursday (October 1), the CFTC announced that it had brought charges against “five entities and three individuals” that own […]

Crypto Exchange OKEx Holds Voting Event on Listing of NFT Projects

Popular cryptocurrency exchange OKEx has announced it’s hosting a voting event for its community to decide on two non-fungible token (NFT) projects that are set to be listed on the trading platform. According to an announcement, users can vote by depositing tokens into their OKEx accounts or generating wallet addresses up until October 8, to […]

Social Trading Platform eToro Now Offers Staking Support for Cardano (ADA) and TRON (TRX)

Social trading platform eToro announced on Thursday (October 1) that its users could now earn a monthly passive income in the form of staking rewards simply by keeping their ADA and TRX holdings on eToro; the “first wave” of staking rewards will be distributed in November. The rewards are more of the tokens being “staked,” […]

Institutional Investors Are Betting on Bitcoin’s Long-Term Performance: Report

Institutional investors are reportedly betting on bitcoin’s long-term performance, and shifting towards physically-delivered futures over cash-settled ones. According to a report published by derivatives trading platform, ZUBR, first spotted by Decrypt, open interest on the Chicago Mercantile Exchange (CME) and other regulated exchanges has “remained consistently higher in comparison to their traded volumes,” indicating institutional […]

You Can Now Earn Passive Income From Your Cosmos (ATOM) Holdings on Coinbase

Crypto exchange Coinbase has announced that it now offers staking support for a second Proof-of-Stake (PoS) blockchain. On 6 November 2019, Coinbase announced staking support for PoS blockchain Tezos (XTZ). The idea was that eligible U.S. customers would be able to earn around 5% APY from staking rewards simply by keeping their XTZ holdings on […]

Waves Exchange Launches ‘Decentralized Forex’ Market Using Stablecoins

Cryptocurrency exchange Waves Exchange has announced the launch of a ‘decentralized forex’ market within its platform powered by stablecoins pegged to various fiat currencies. According to a press release shared with CryptoGlobe, Waves Exchange will initially support seven stablecoins pegged to the value of fiat currencies: USDN, EURN, JPYN, CNYN, RUBN, UAHN and NGNN. The […]

KuCoin Hacker Starts Moving Millions in ERC-20 Tokens, XRP to Cash Out

The hacker who stole hundreds of millions of dollars’ worth of cryptassets form Singapore-based crypto exchange KuCoin have started moving millions in ERC-20 tokens and XRP to cash out using various methods. Data from the Ethereum blockchain, spotted by Whale Alert, shows that the hacker, who managed to steal an estimated over $200 million from […]

Binance Announces Decentralized Stablecoin Marketplace Venus

Cryptocurrency exchange Binance has announced the launch of new DeFi stablecoin platform Venus utilizing the Smart Chain network.

Head of Crypto at Visa Explains How Automated Market Makers Such As Uniswap Work

On Sunday (September 27), Cuy Sheffield, a Senior Director at Visa and the head of its crypto division, explained in layman terms how decentralized automated market makers (AMMs)―such as Uniswap, Balancer, and Curve―work. On August 6, the research arm of Asia-based crypto exchange Multi published a blog post that explained what AMMs are in the […]

Crypto Exchange KuCoin Gets Hacked

On Saturday (September 26), Singapore-based crypto exchange KuCoin suffered a security breach, as the result of which a part of the cryptoassets in the exchange’s hot wallets were stolen. According to KuCoin Global CEO Johnny Lyu, who hosted a live stream that started at 04:30 UTC on September 26, here are some important details about […]

Winklevoss Twins’ Gemini Exchange Lists Seven New DeFi Tokens

The Winklevoss twins’ cryptocurrency exchange Gemini has announced the listing of seven new decentralized finance (DeFi)-related tokens, including Uniswap’s UNI and Yearn.finance’s YFI. In an announcement, the cryptocurrency exchange revealed it’s also adding Balancer (BAL), Curve (CRV), Ren Network (REN), Synthetix Network (SNX), Uma (UMA). Gemini is also adding five new cryptoassets that aren’t related to DeFi: Decentraland (MANA), […]

Russian Authorities Backlist Crypto Exchange Binance’s Website

Russian authorities have blacklisted the website of major cryptocurrency exchange Binance, although access to it has not been blocked by the country’s telecom regulator Roskomnadzor. In an announcement Binance published on its Russian telegram channel, it reveals Roskomnadzor added the cryptocurrency exchange’s website to the register of platforms disseminating prohibited information, reportedly because of distribution […]

Winklevoss Twins’ Gemini Exchange Now Allows Buying Crypto With British Pound

On Thursday (September 24), crypto asset Gemini announced that it had launched in the UK. The Winklevoss twins—Tyler and Cameron Winklevoss—are the co-founders of Gemini Trust Company, LLC (which operates the Gemini digital asset exchange) as well as family office Winklevoss Capital Management, LLC. In a blog post published earlier today,Gemini CEO Tyler Winklevoss announced that they had […]

Binance Launches ‘Innovation Zone’ to Filter out DeFi Token Traders Based on Risk Appetite

Leading cryptocurrency exchange Binance has announced the launch of an “Innovation Zone’ to filer out traders based on their risk appetites, before letting them trade risky decentralized finance (DeFi) projects. According to an announcement the cryptocurrency exchange published, its token listing process is “often viewed as overly strict,” but listing new projects in 2017 when […]

Ethereum’s Pending Transactions Surged After Uniswap Launches Governance token

The number of pending transactions per minute on the Ethereum network jumped shortly after leading decentralized exchange Uniswap announced the launch of its UNI token, coupled with a 400 token airdropped to those who have used the protocol. The decentralized exchange’s announcement revealed it launched the UNI governance token, with a total of one billion […]

Kraken Launches Crypto Bank in Wyoming After Receiving Bank Charter Approval

Popular cryptocurrency trading platform Kraken has announced the State of Wyoming has approved its application to form the world’s first Special Purpose Depository Institution (SPDI), allowing it to form a crypto bank dubbed Kraken Financial. According to an announcement the firm published, Kraken Financial is headquartered in Wyoming and is the “first digital asset company […]

Binance’s Crypto Debit Card Launches in Europe

Leading cryptocurrency exchange Binance has launched its Binance Visa Card, a cryptocurrency debit card that lets users pay with crypto anywhere visa is accepted, to its users in the European Economic Area. According to a press release, the Binance visa Card lets users transact at over 60 million locations throughout the world, and can virtually […]

Bakkt’s Bitcoin Futures Trading Volume Hits New All-Time High

The Intercontinental Exchange’s bitcoin derivatives trading platform, Bakkt, has seen its futures contracts trading volume hit a new all-time high after$200 million in a single day. According to Bakkt, the 15,955 contracts were traded, representing a 36% increase over its previous all-time high. The rise comes as Bakkt has long been trailing its rival, the […]

Binance Coin (BNB) Staking Goes Live on Smart Chain Network

Leading cryptocurrency exchange Binance has announced the official launch of BNB staking on the Smart Chain network.

Binance Sued by Crypto Exchange for Allegedly Facilitating Laundering of Stolen Bitcoin

Japanese cryptocurrency exchange Fisco has sued leading crypto exchange Binance for allegedly facilitating the laundering of $9 million in bitcoin. According to a 33-page complaint filed in the Northern California District Court on September 14, the Japanese cryptocurrency exchange is accusing Binance of “aiding and abetting” the laundering of 1,451 BTC – then worth $9.4 […]

Binance Smart Chain Network Gaining Ground on Ethereum Transaction Volume

Binance Smart Chain accounts for 14 percent of the transaction volume of rival ethereum, as the native BNB exchange token seeks to make headway in the DeFi marketplace.

Apple Censors Cryptocurrency and DeFi Features on Coinbase’s App, Brian Armstrong Says

Apple Inc has reportedly censored San Francisco-cryptocurrency exchange Coinbase from adding specific cryptocurrency and decentralized finance (DeFi)-related features to its iOS app. According to a tweetstorm published by the exchange’s CEO Brian Armstrong, the tech giant stopped Coinbase from adding features that would let their users earn cryptocurrency directly through the app, or access decentralized […]

OKEx Jumpstart’s First Mining Project: 10 Million OKB Staked in 6 Minutes

OKExs Jumpstart mining project, which allows users to stake OKB tokens 14 days ahead of the launch of a new project on Jumpstart to earn “high rewards and staking incentives,” has seen users stake $53.9 million in only six minutes on its first project. According to a press release the firm published, on September 10 […]

Binance to Assist in Recovering Crypto Stolen From Crypto Exchange ETERBASE

Leading cryptocurrency exchange Binance is set to assist hacked crypto trading platform ETERBASE in recovering funds hackers stole from its hot wallets earlier this month. In an announcement on Twitter, where ETERBASE revealed it will continue operating despite being hacked for millions worth of cryptocurrency, it also revealed that its investigations show a “big part” […]

Bitstamp Now Even Faster Thanks to a New Matching Engine by Nasdaq

On Thursday (September 10), Bitstamp, Europe’s largest cryptoasset exchange by trade volume, announced that it had received a major speed upgrade. Bitstamp got acquired on 29 October 2018 by Belgium-based investment firm NXMH. According to a report by Reuters, Bitstamp was founded in August 2011 by Nejc Kodrič and Damijan Merlak (who “sold his entire 30 percent […]

Yearn Finance (YFI) Is Getting Listed on Coinbase Pro, $YFI Surges 29%

On Thursday (September 10), Coinbase announced that it is going to list two exciting decentralized finance (DeFi) tokens on Coinbase Pro, its trading platform for experienced/professional traders. These two cryptoassets are DeFi platform yearn.finance’s YFI token and exchange protocol Loopring’s LRC token. Here is how Coinbase describes YFI: “yearn.finance (YFI) is a decentralized finance (DeFi) platform […]