Tagged: crypto exchange

Bitstamp, LTP Work on Credit Solutions for Crypto Trading

Crypto exchange Bitstamp is partnering with LTP to provide liquidity and credit solutions for institutional-grade crypto trading. LTP is a prime brokerage that serves sophisticated investors in accessing liquidity, along with speed and efficiency. LTP believes the partnership will enhance liquidity for its clients while… Read More

Crypto Exchange CoinW Partners with Digital Assets Protection Provider CoinCover

CoinW, a global cryptocurrency exchange, announces a strategic partnership with CoinCover – a digital asset protection provider – to significantly improve the security of users’ digital assets. This partnership is said to underscore CoinW’s commitment to protecting funds against risks such as hacking, lost access,… Read More

Bakkt Quiet on Rumors of Acquisition by Trump Media

Shares of Bakkt (NYSE:BKKT) continue to trade higher following a report by the FT that the crypto firm may be in talks to be acquired by Trump Media. Bakkt, founded by ICE – the parent company of the NYSE, once had high hopes of becoming… Read More

Delhi Authorities Arrest Suspect Allegedly Linked with $235M WazirX Crypto Exchange Hack

A Bengali man was recently taken into police custody, allegedly in connection with the massive $235 million WazirX crypto hack reported earlier this year. Delhi authorities (in India) apparently made a significant breakthrough in the WazirX hacking incident, by arresting a suspect residing in West… Read More

bitFlyer Executives Comment on Markets in Crypto Assets Regulation (MiCA)

MiCA, or Markets in Crypto Assets regulation, is a transformative change in the European Union that provides regulatory clarity for digital assets that are not deemed to be securities. As the market is quite large, MiCA should help boost crypto innovation in the region—something other regions, like… Read More

Crypto Exchange Bitget Re-enters UK Market

Crypto exchange Bitget has re-entered the UK marketplace. According to a statement distributed by the firm, Bitget is now in compliance with Financial Promotion requirements. Bitget issued the following statement back in May of 2024: “As you may be aware, recent regulatory changes by the… Read More

Crypto Exchange OKX Reports 2 Million Clients Have Interacted with Proof of Reserve Verification Tool

Digital assets firm OKX has recently released its 24th consecutive Proof of Reserves (PoR) report, reportedly showcasing $20.3 billion in primary assets. As noted in the update from OKX, this latest report marks the two-year anniversary of their PoR program, which the company claims sets… Read More

BCB Group Now Offers “Stablecoin Payments on Steroids”

BCB Group has announced a “multi-currency solution leveraging stablecoins” designed to consolidate payments from different cryptocurrencies along with fiat into a single account. The new offering is being described as “stablecoin payments on steroids.” BCB is a payments provider that offers a digital wallet along… Read More

Crypto Exchange Security Breach Analysis: Coincover Shares Lessons from $230 Million WazirX Hack

One of India’s largest and most prominent crypto exchanges, WazirX, had experienced a damaging security breach back in July of this year. If you go and review some of WazirX’s online / social media activity even now, they don’t seem to have resolved this issue… Read More

Digital Assets Firm OKX Releases Latest Proof of Reserves Report: $19.4B in Primary Assets Backing Customer Funds

Digital assets firm OKX has released its 23rd Proof of Reserves Snapshot, reporting $19.4 billion in primary assets that are said to be backing customer funds. With the collapse of numerous crypto exchanges over the years, with FTX being among the most notable, it has… Read More

Bullish Teams Up with Adaptive and Google Cloud to Enhance Trading Capacity of Regulated Digital Assets Exchange

Adaptive Financial Consulting, the custom trading technology solutions provider, announced its collaboration with Bullish, which claims to be one of the fastest-growing, regulated digital asset exchanges, to increase trading capacity and boost throughput as it looks to scale and meet growing business demand. Bullish has… Read More

OKX Releases Latest Proof of Reserves Report: $19.8 Billion in Primary Assets Backing User Funds

Digital assets firm OKX has released their 22nd consecutive Proof of Reserves (PoR) report, which confirms USD19.8 billion in primary assets backing customer funds. To date, more than 1.8 million customers have reportedly “viewed and used their PoR tool to confirm their assets are backed… Read More

Hong Kong Crypto Exchanges Under Scrutiny for Security Lapses

Hong Kong’s Securities and Futures Commission (SFC) has uncovered unsatisfactory practices at several “deemed-to-be-licensed” cryptocurrency exchange platforms during recent on-site inspections, according to a Bloomberg report. These findings come as the city pushes forward with its ambition to become a leading digital-asset hub, but faces… Read More

Crypto ECN Finery Markets and BitGo Partner to Offer Integrated Trading and Settlement Product

BitGo and Finery Markets have announced a partnership that will offer an integrated crypto trading market and off-exchange settlement product. BitGo is a digital asset infrastructure provider that offers custody, wallets, staking, trading, and settlement. Founded in 2013, it reports serving over 1,500 institutional clients…. Read More

Binance Assists Crypto Exchange BtcTurk Following Major Security Breach and Hack

Digital currency exchange Binance is reportedly assisting in investigating a recent attack carried out against Turkish crypto exchange BtcTurk, with more than $5 million in pilfered funds now having been frozen. This, according to social media update from Binance CEO Richard Teng. Teng noted that… Read More

Uphold Provides White Label Service for Digital Asset Creation, Management

Digital asset firm Uphold is now offering a white-label service for issuers and other platforms to leverage digital assets. The crypto exchange is said to serve “millions” of customers in over 14 different countries. The Uphold-as-a-Service is said to offer services beyond digital asset offerings,… Read More

Digital Assets Exchange Bullish Announces Key Leadership Changes

Bullish Group, the provider of digital asset market infrastructure and information services, and operator of one of the regulated digital asset exchanges, is pleased to announce key leadership changes aimed at driving the company’s strategic growth and innovation. David Bonanno appointed CFO Effective immediately, David… Read More

Digital Assets Exchange Bullish Integrates with Hidden Road, the Credit Network for Institutions

Bullish, which claims to be one of the “fastest-growing,” regulated digital asset exchanges, announced its integration with Hidden Road, the global credit network for institutions. The integration provides Hidden Road’s broad institutional customer base “with access to Bullish exchange’s low-cost liquidity and best execution in… Read More

KuCoin Becomes First FIU-Compliant Global Crypto Exchange in India

KuCoin, a global cryptocurrency exchange and ranked within the top seven, has announced its achievement as the first Financial Intelligence Unit (FIU) compliant global crypto exchange in India. This landmark accomplishment highlights a crucial moment in the dynamic landscape of Indian cryptocurrency amidst recent regulatory… Read More

FTX’s CEO Says Sam Bankman-Fried’s Deception Continues Even After Fraud Conviction

FTX’s Chief Executive Officer has said that Sam Bankman-Fried’s deception has not ended even with his unprecedented fraud conviction. As part of an extensive victim impact statement submitted Wednesday (March 20, 2024) prior to SBF’s sentencing this upcoming week, FTX CEO John Ray states that… Read More

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