Markets

Santander UK Is Going to Impose Limits on Payments to Crypto Exchanges

Santander UK, which is a British bank wholly owned by Spanish multinational financial services firm Santander Group, is advising its customers that there will soon be limits imposed on payments to crypto exchanges. According to a recent notice (on the company’s website) aimed at customers, the bank has seen “a large increase in UK customers […]

Kraken Co-Founder Jesse Powel Stepping Up To Become Chairman of the Popular Exchange

Kraken, a leading crypto exchange, says that Co-Founder and current CEO Jesse Powell is giving up his CEO role and becoming chairman of the board of directors. According to Kraken’s press release, Dave Ripley, who has been the COO for the past six years, will become the CEO once Kraken has completed its COO search. […]

Shiba Inu’s $LEASH Token Gets Unleashed on Financial Trading Platform BlueBit

On Monday (September 5), multi asset class financial trading platform BlueBit did the Shiba Inu ($SHIB) community another favor to complete an impressive hat trick that started roughly three weeks ago. Here is what Binance Academy says about Shiba Inu: “Shiba Inu (SHIB) is a dog-themed meme cryptocurrency named after a Japanese dog breed. It was created […]

Nasdaq-Listed Brazilian Financial Services Firm Launches $BTC and $ETH Trading

On Monday (August 15), Brazilian financial services giant XP Inc. (NASDAQ: XP) announced that it had opened its crypto trading platform XTAGE to clients. According to a press release issued by XP on May 12, XTAGE, which is built on Nasdaq’s trading technology, “represents a key milestone in democratizing access to the digital assets market in Brazil”, and is […]

Kraken’s Proof of Reserves Audit Now Supports $XRP and $ADA

On Thursday (August 11), crypto exchange Kraken released the results of its “second 2022 Proof of Reserves audit”, which has been expanded to include seven digital assets. These seven cryptoassets are $BTC, $ETH, $USDT, $USDC, $XRP, $ADA, and $DOT. According to Kraken’s blog post, “a Proof of Reserve audit is a trail-blazing accounting procedure that […]

Coinbase CEO Outlines His Firm’s Review Process for Adding Altcoins

The chief executive officer (CEO) for major crypto exchange Coinbase recently explained how his company decides which altcoins to add to the platform. Speaking in an interview with computer scientist Lex Fridman, Coinbase CEO Brian Armstrong said that the company begins by evaluating an altcoin’s status as a security: “We basically have a test of […]

ZB, Which Itself ‘World’s Most Secure Digital Asset Exchange’, Seemingly Hacked

On Wednesday (August 3), blockchain security firm PeckShield reported that around $4.8 million has been transferred out of crypto exchange ZB. On its website and in its Twitter bio, ZB calls itself the world’s most secure crypto exchange, as you can see from the screenshot below (taken at 6:27 p.m. UTC on August 3): Here […]

$BABYDOGE Listed on Popular Crypto Exchange Poloniex Amid Growing Token Burns

The meme-inspired cryptocurrency $BABYDOGE has recently been listed on a popular cryptocurrency exchange, Poloniex, as its keeps on processing token burns and trending on social media thanks to its supporters. According to a bot tracking cryptocurrency listings on exchanges, Poloniex listed $BABYDOGE at the beginning of August and now has the meme-inspired cryptocurrency trading against […]

Nasdaq-Listed Brazilian Financial Services Firm Launching Crypto Trading by Mid August

On Monday (July 25), Reuters reported that Brazilian financial services giant XP Inc. (NASDAQ: XP) “expects to open its digital assets trading platform to clients by mid-August, initially offering bitcoin and ether but with plans to expand it by the end of this year.” As you may remember, on May 12, CoinDesk reported that XP […]

‘Plaid’ Launches Read-Only Integration for Several Major Crypto Exchanges

Plaid, which is a leading open banking platform, has announced the addition of read-only support for several major crypto exchanges.  According to a report by TechCrunch, Plaid had previously integrated with several large crypto exchanges (such as Coinbase and Robinhood) on an ad hoc basis. The addition of read-only support gives an indication that the […]

Crypto Exchange OKX Is Paying $20 Million-Plus To Sponsor Premier League Football Club

Crypto exchange OKX is reportedly paying more than $20 million to sponsor in the upcoming season one of the clubs in the Premier League, which is “the top level of the English football league system.” According to a report by Forbes, OKX has reached an agreement to expand its existing partnership with Premier League club Manchester City. […]

Binance CEO Predicts DEXes Will Overtake CEXes Within the Next 10 Years

CZ, Co-Founder and CEO of the world’s largest centralized crypto exchange (CEX) by trading volume, recently shared his thoughts on decentralized finance (DeFi) and decentralized exchanges (DEXes). Speaking in an interview with the two co-hosts of the Bankless podcast, Binance chief Changpeng “CZ” Zhao predicted that DeFi and decentralized exchanges (DEXes) would be far superior […]

How to Transfer Crypto from Binance to PayPal: Step-by-Step

PayPal is a fintech giant that started offering users the ability to buy, sell and store crypto in October 2020. It has well over 400 million users and partly thanks to its reputation and battle-tested security, users have always wanted to be able to transfer crypto from Binance to PayPal. On June 7th, 2022 PayPal […]

KuCoin CEO Says Ignore FUD, Denies Existence of a Plan To Halt Crypto Withdrawals

On Saturday, Johnny Lyu, Co-Founder and CEO of crypto exchange KuCoin, said that there was “no ‘immense suffer’ from any ‘coin collapse’, “no plan to halt withdrawal,” and that “everything on KuCoin is operating well.” KuCoin, which was launched in September 2017, has its operational headquarters in Seychelles. It “offers over 700 digital assets, and […]

FTX CEO: ‘There Are Some Third-Tier Exchanges That Are Already Secretly Insolvent’

Recently, 30-year-old American billionaire Sam Bankman-Fried (aka “SBF”), who is the Co-Founder and CEO of crypto exchange FTX, shared his thoughts on the crypto space. According to his bio, before FTX, SBF was “a trader on Jane Street Capital’s international ETF desk”, where he “traded a variety of ETFs, futures, currencies, and equities, and designed their […]

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