Markets

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.