Tagged: crypto exchange

Hong Kong’s ZA Bank Becomes HashKey Exchange’s Settlement Bank to Provide Fiat Deposit, Withdrawal Services

ZA Bank has reportedly become the first settlement bank for HashKey Exchange, Hong Kong’s first licensed retail virtual asset exchange, as it starts “offering fiat-currency deposit and withdrawal services to investors who hold a ZA Bank account.” As part of its “Banking for Web3” ambition,… Read More

Binance Halts Peer to Peer Crypto Transactions in Russia After Potentially Failing to Adhere to Sanctions Enforcement Requirements

P2P digital currency exchanges have reportedly assisted crypto traders with circumventing globally-enforced sanctions against Russia’s banking institutions. Crypto exchange Binance‘s recent activities might worsen its regulatory challenges in the US. The recent crackdown attempts to place a ban on transactions completed with payment cards that… Read More

Former Engineer at Alameda Research Says His Entire Life Savings Were Stolen by Disgraced FTX Founder Sam Bankman-Fried

An engineer at Alameda Research recently claimed via social media that he had his “entire life savings” stolen from him by his former boss: Sam Bankman-Fried. Now, after months of recuperation from the “craziness” of the FTX collapse, he’s ready to tell his story. He… Read More

Digital Assets: VNX Gold, VNX Euro, and VNX Swiss Introduced to South Korean Crypto Traders

VNX, a Liechtenstein-based company registered by the Liechtenstein Financial Market Authority (FMA), has partnered with Burrito Wallet, which is developed by a subsidiary of Bithumb, a Korean cryptocurrency exchange, to introduce South Korean users “to the digital assets VNX Gold, VNX Euro, and VNX Swiss… Read More

Digital Assets: Bybit P2P Crypto Trading Provides Instant On-Chain Deposits to Clients’ Web3 Wallets

Bybit, which claims to be one of Coingecko’s top-five cryptocurrency exchanges, is pleased to announce that users can now “buy crypto on-chain using Bybit’s peer-to-peer (P2P) trading service.” The P2P enhancement currently “allows for the purchase of USDT using more than 62 fiat currencies, with… Read More

Before Coinbase Lawsuit, SEC Reportedly Requested the Crypto Exchange to Only Support Bitcoin (BTC) Trading

The US Securities and Exchange Commission (SEC) had reportedly requested Coinbase (NASDAQ:COIN) to halt trading in all virtual currencies with the exception of Bitcoin (BTC) prior to filing a lawsuit against the crypto exchange in June of this year, the Financial Times revealed on Monday… Read More

Digital Assets: EDX Markets Integrates with Talos, Expanding Access to Institutional Trading Tech for Crypto-Assets

EDX Markets, which claims to be a “first-of-its-kind” digital asset exchange that enables safe and compliant trading of digital assets through trusted intermediaries, has integrated with Talos, the provider of institutional trading technology for digital assets. This collaboration will enable EDX Markets “to leverage Talos’… Read More

Stablecoins: First Digital Group Introduces Stablecoin FDUSD via Binance

First Digital Group, which includes First Digital Trust, one of Asia’s leading qualified custodians and a registered trust company headquartered in Hong Kong, announces that its stablecoin, First Digital USD (FDUSD), “issued under the entity FD121, will debut and list on Binance, the world’s largest… Read More

Alto, a Self-Directed IRA Custodian Enabling Investments in Alternative Assets, Partners with Coinbase

Alto, a self-directed IRA custodian and platform that enables individuals to invest in alternative assets using their retirement funds, announced its new partnership with crypto exchange Coinbase (NASDAQ:COIN). All Coinbase One members that open an Alto CryptoIRA account “will enjoy a 1% match (up to $100)… Read More

Digital Assets: BIT Extends Integration with Copper’s ClearLoop to Support Settlements on USD-Margined Products

BIT, a professional digital asset exchange, today announced an update to its existing integration with Copper ClearLoop, a digital asset settlement network. BIT’s integration upgrade with Copper will “allow Copper via ClearLoop to support BIT’s Unified Margin feature, which allows traders to use all of… Read More

European Fintech Enfuce Issues NBX Credit Card with Bitcoin Cashback

Card issuing and processing pioneer Enfuce has been chosen by leading Norwegian crypto exchange NBX to issue a Visa®-branded credit card offering Bitcoin cashback on purchases. Powered by Enfuce’s cloud-native issuing platform, the launch of the card is a turning point in the crypto market,… Read More

Digital Assets: Bitpanda Pro Becomes One Trading After Finalizing Series A

Bitpanda has announced that Bitpanda Pro, their digital asset exchange for institutions and “seasoned” investors, is rebranding and becoming ‘One Trading.’ Founded in 2014 and headquartered in Vienna, Bitpanda is one of the most successful digital asset firms in Europe. After a €30m Series A… Read More

Binance’s European Banking Service Provider Paysafe to Halt Support

Binance, which claims to be the largest crypto exchange that’s being sued by US regulators for a wide range of issues, has now had its European banking partner Paysafe Payment Solutions (NYSE: PSFE) reveal that it will stop offering its embedded wallet solution to the… Read More

Bankrupt Crypto Firm FTX Initiates Discussions to Relaunch Digital Currency Exchange

Bankrupt crypto exchange FTX is reportedly moving forward with plans to attempt to bring back its international digital currency exchange, the WSJ reported on Wednesday (June 28, 2023). The news outlet also shared statements from CEO John Ray. The firm has now initiated the process… Read More

Digital Assets: Bybit Secures License to Operate Crypto Exchange, Custody Services in Cyprus

Bybit, which claims to be the world’s “third most visited” crypto exchange, is pleased to announce that it has successfully obtained a license to operate a crypto exchange and provide custody services in Cyprus. This milestone demonstrates Bybit‘s commitment “to working within regulatory frameworks and… Read More

Bequant, Finery Markets to Offer Crypto OTC Prime Brokerage via FM Liquidity Match

Finery Markets has announced the digital assets prime broker and exchange, Bequant, as its latest partner, with the company using its new FM Liquidity Match service. FM Liquidity Match, introduced in April 2023, is “a service that gives institutional market players and crypto businesses access… Read More

Digital Asset Platform Bybit Integrates ChatGPT Into Its Trading Tools

Bybit, which claims to be the world’s “third-most visited” cryptocurrency exchange, is pleased to announce the release of its latest tool, ToolsGPT. This innovative platform “combines ChatGPT’s machine learning technology with Bybit’s robust market data, [enhancing] the way traders make informed and profitable decisions.” ToolsGPT… Read More

Digital Assets: BTSE Joins Global Institutions in the Talos Provider Network

BTSE, a digital asset exchange, has integrated with Talos, the provider of institutional trading technology for digital assets. Talos‘s platform connects institutional investors “to the entire digital assets ecosystem.” BTSE will reportedly join Talos’s provider network of “over 40 liquidity venues that includes top-tier exchanges,… Read More

Digital Assets: OKX, Komainu to Enable 24/7 Trading of Segregated Assets Under Custody for Institutions

OKX, which claims to be the world’s second largest cryptocurrency exchange by trading volume (behind Binance) and a “leading” Web3 technology company, and regulated digital asset custody service provider Komainu, announced that OKX has “joined collateral management platform Komainu Connect, enabling institutional customers to conduct… Read More

Fintech Paysafe Selected as Payments Partner for CryptoOrange, a Digital Assets Exchange

Cryptocurrency exchange CryptoOrange has partnered with payments platform, Paysafe (NYSE: PSFE), in order “to offer new ways for its customers to buy and sell cryptocurrencies internationally.” Paysafe, which claims to have an extensive track record of serving merchants and consumers in the global entertainment sectors… Read More

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