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crypto exchange News and Articles



Institutional investors

Institutionalists follow an accumulative strategy

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The increasing interest of institutional investors in bitcoin is evidenced by data on the reduction of the cryptocurrency exchange balance. CryptoQuant analysts estimate that the recent transfer of 30,000 BTC from the Coinbase platform to offline storage confirms the commitment of the big players...

Exchange

Exchanges forcibly liquidate positions worth more than $430M

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The fall of bitcoin to its lowest levels since mid-March provoked another large-scale position in the futures market. Liquidations amounted to just over $430 million in the last 24 hours. The exchange cancels the trader's position in case of partial or complete loss of his initial margin....

El Corte Ingles crypto exchange

El Corte Inglés to Create Its Crypto Exchange with Deloitte

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European leading department store, El Corte Inglés plans to launch its cryptocurrency exchange for the customers. Reportedly, the company partners with Deloitte for technological solutions. According to the Spanish news provider El Confidential, Deloitte will develop a platform via which El...

Coinbase blocks 25,000+ Russian users

Coinbase Blocks Over 25,000 Russian Accounts

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Leading crypto exchange Coinbase announced blocking over 25,000 addresses that belong to Russian users. The company believes that the users were engaged in illegal activities. An article by the Chief Legal Officer of Coinbase, Paul Grewal, states that the platform is committed to complying with...

FTX

FTX announces entry to European markets

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Cryptocurrency exchange FTX will expand its global presence through the development of the European market. The company created a division of FTX Europe, having received a license from the financial regulator of Cyprus. “As we continue to grow, we are constantly looking for opportunities to...

Ethereum

Ethereum volume on crypto exchanges fell to a three-month low

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The largest altcoin, Ether (ETH), has fallen over 12% in the last 24 hours. Cryptocurrency capitalization for the week decreased by almost 20% to $284.169 billion. Amid a market crash triggered by tensions in Europe, exchanges liquidated more than $400 million worth of positions on February 24. The...

Binance Coinbase

Binance and Coinbase remain the most popular crypto exchanges

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Coinbase and Binance continue to lead the ranking of cryptocurrency exchanges in terms of the number of visits. The Block Research division published a study in the middle of the week devoted to an in-depth analysis of exchange traffic. It says that traffic to marketplace websites fell by more than...

BitMEX crypto

Crypto Exchange BitMEX Airdropped Its Native Token to Users

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Crypto derivatives platform BitMEX presented its native ERC-20 token BMEX, which has a max supply of 450 million tokens. BitMEX distributed 1.5 M tokens to the users of the platform via airdrop. This way, the customers of the platform became the first holders of the coin. According to an...

Crypto.com unauthorized activity

Crypto.com Restored Withdrawals After an Unauthorized Activity

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Crypto trading platform Crypto.com detected unauthorized activity on the platform on Jan. 17, after which it stopped deposits and withdrawals for some time. The team was investigating suspicious activities during the pause. Crypto.com stated that all funds were unaffected. The exchange implemented...

Binance Indonesia crypto

Binance and Indonesian Telecom to Launch a Crypto Platform

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Binance collaborates with Telekomunikasi Indonesia Tbk (Telkom Group), the largest telecommunication network in Indonesia to release a crypto exchange. Telkom is a state owned enterprise, with 52.09% of its shares belonging to the government. Binance has built a joint venture together with a...

BitMart hacked

BitMart Hacked: Loss of Around $190 M Is Estimated

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Centralised crypto trading platform BitMart was exploited. On December 5, the founder and CEO of the company, Sheldon Xia tweeted that a major security breach was detected. He informed that the hack impacted one of Ethereum and one of Binance Smart Chain hot wallets. Attackers could withdraw...

Banco de Bogotá

Banco de Bogotá let clients to send funds to crypto exchange

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One of the largest Colombian banks, Banco de Bogotá, was the first in the country to launch a service for sending funds to a cryptocurrency exchange. The option was launched under the auspices of the country's government. While it is available to clients in test mode. Funds can be sent to the...

Bank of England

British bank has set a limit on sending funds to exchanges

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British authorities are tightening control over the cryptocurrency market. In connection with the tightening of the kingdom's position, local banks began to limit the operational capabilities of customers investing in bitcoin and other digital currencies. NatWest bank has set a limit on sending...

Argentina

Argentina orders crypto exchanges to provide data on traders

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Control over crypto traders began to be strengthened by many countries. South Korea, for example, will force all users of bitcoin exchanges to pay tax to the treasury from 2022. Argentina is also acting in a similar direction. The country’s tax office this week ordered all crypto exchanges to...

Coinbase

Bitcoin exchange app Coinbase tops US AppStore rating

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For the first time since 2017, the Coinbase app ranked #1 on the US App Store. Coinbase was named one of the ten most popular free apps on the App Store on the day of the Bitcoin exchange listing on the Nasdaq, April 14. As a reminder, Coinbase received more than 2,000 government requests in six...

crypto wallets and exchanges

Crypto Wallets and Exchanges: Their Origins and Difference

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The space of blockchain and cryptocurrencies offers various tools to manage user activities. Among the most essential ones are crypto wallets and exchanges. Are they both necessary and what is the difference between them? What is a cryptocurrency...

Ebang

Chinese mining giant Ebang launches crypto exchange

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Ebang, a major Chinese manufacturer of mining equipment, has launched the Ebonex.io cryptocurrency exchange. Ebonex.io offers both spot and margin trading services and allows only qualified investors to interact with digital assets. Since mid-March 2021, the exchange has been operating in a test...

OKEx Korea closes

OKEx Korea Terminates Its Services from April 7

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Crypto trading network OKEx Korea shared a note informing it will stop operations on April 7. The company urged clients to draw out their fiat and crypto owning by the mentioned date. OKEx Korea is a centralized exchange established in 2017. There are 122 coins listed on the platform. What is the...

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