Tagged: crypto exchange

September 9, 2022 @ 9:09 am By JD Alois  |  

Huobi Group has received a license to operate a digital asset exchange in the British Virgin Islands (BVI). The approval came from the BVI Financial Services Commission (FSC) and was awarded to Huobi subsidiary Brtuomi Worldwide Limited (BWL). On April 16th, 2021, BWL was approved… Read More

July 31, 2022 @ 10:53 am By Omar Faridi  |  

As part of its strategy to power its next phase of growth, global crypto exchange CEX.IO has appointed Checkout.com as its preferred global payment processor, which uses Visa Direct, Visa’s real time money movement network, “to provide real-time off-ramps for its customers.” Since its launch… Read More

July 31, 2022 @ 9:18 am By Omar Faridi  |  

KuCoin, a global cryptocurrency exchange, has announced the launch of its NFT ETF Trading Zone (on July 29, 2022). The new product aims “to improve the liquidity of NFT assets and lower the investment threshold of blue-chip NFTs for over 20 million users.” The launch… Read More

July 28, 2022 @ 8:14 am By JD Alois  |  

Zodia Markets, a crypto exchanger and brokerage catering to institutional investors, has been registered as a crypto platform with the UK Financial Conduct Authority (FCA) and officially launched its crypto trading business. In the UK, a crypto exchange must be registered with the FCA to… Read More

July 17, 2022 @ 9:30 pm By Omar Faridi  |  

CleverTap, which claims to be the modern, “integrated” retention cloud, announced it has partnered with Unocoin, India’s first crypto exchange, in order “to optimize, accelerate their user engagement, and provide a seamless omnichannel customer experience.” Through this collaboration, and by integrating CleverTap’s solution into its… Read More

June 6, 2022 @ 10:10 am By JD Alois  |  

Yoshi Markets Limited says it has started onboarding clients for its trading and custody platform for digital assets. Yoshi is an ADGM regulated  Multilateral Trading Facility (MTF) and custodian. The announcement is described as a significant step towards offering services for customers from around the world…. Read More

April 18, 2022 @ 9:31 am By JD Alois  |  

WonderFi  (NEO:WNDR; OTC:WONDF) has entered into an agreement to purchase Coinberry, a Canadian digital asset exchange that is regulated and compliant. WonderFi recently acquired Bitbuy – another crypto platform operating in Canada. Coinberry is one of just a handful of compliant crypto marketplaces operating in… Read More

April 4, 2022 @ 10:15 pm By Omar Faridi  |  

Although centralized crypto exchanges (CEXes) and decentralized crypto exchanges (DEXes) are often said to be in competition with each other, an executive from Huobi Ventures believes the opposite is true. During the annual Harvard Blockchain Conference held 27 March 2022, Huobi Ventures Investment Director HaiJing… Read More

February 15, 2022 @ 11:15 pm By JD Alois  |  

In 2021 the Korean government cracked down on digital asset exchanges requiring the crypto trading platforms to receive regulatory approval to operate. While some were approved before a strict deadline the bulk struggled to meet the requirements. One of these was GOPAX. Today, according to… Read More

February 9, 2022 @ 8:35 am By Omar Faridi  |  

On August 2, 2016, Bitfinex – notably one of the largest virtual currency exchanges in the world – experienced a massive security breach. In a span of fewer than two hours, around 120,000 Bitcoins (BTC) had been stolen from Bitfinex and spread across 2,075 different… Read More

December 6, 2021 @ 8:55 am By JD Alois  |  

Bitmart, a crypto exchange that touts itself as “the most trusted cryptocurrency trading platform,” has lost $150 million in assets, according to a tweet by Bitmart CEO Sheldon Xia. Other reports have placed the value far higher at around $200 million. Bitmart operates in just… Read More

November 3, 2021 @ 10:34 am By JD Alois  |  

Last May, Bitmex published a commitment to become a carbon-neutral crypto exchange. As many people know, crypto transactions can utilize a lot of energy due to the need for computing power. At that time, Bitmex said carbon offsetting was its path to mitigating its carbon… Read More

October 21, 2021 @ 9:43 am By JD Alois  |  

FTX Trading, a fast-growing digital asset platform, has raised $425 million in a Series B-1 at a $25 billion valuation according to a company release. 69 investors participated in the round which included Ontario Teachers’ Pension Plan Board, via its Teachers’ Innovation Platform, Temasek, Sequoia Capital,… Read More

May 13, 2021 @ 4:01 pm By JD Alois  |  

Binance, the world’s largest crypto exchange is said to be under investigation by the US Department of Justice and the Internal Revenue Service (IRS). According to Bloomberg, government officials are digging into possible money laundering and tax infractions. The report cited individuals with knowledge of… Read More

May 13, 2021 @ 12:00 pm By JD Alois  |  

BlockQuake is a crypto exchange startup that is seeking to compete in an increasingly competitive marketplace. Earlier this year, Coinbase (NASDAQ:COIN) became the first crypto exchange to become a publicly-traded company in a direct listing on the Nasdaq. The company currently has a market cap… Read More

April 9, 2021 @ 12:05 pm By JD Alois  |  

Cryptocurrency exchange Bitstamp has hired Sameer Dubey as Chief Operating Officer. Dubey has previously worked at digital bank N26 and Barclays. Prior to N26, where he was heading Operations for the UK, Dubey spent over a decade at Barclays Bank focused on its Payments and… Read More

March 23, 2021 @ 3:18 pm By JD Alois  |  

CoinSquare, a Canadian crypto exchange,  has announced that it has come to terms with the Canada Revenue Agency (CRA) in regards to the information provided regarding CoinSquare users. CoinSquare notes that in late 2020, the CRA filed an application in court to compel Coinsquare to… Read More

February 27, 2021 @ 11:50 am By Omar Faridi  |  

First revealed in September 2020, digital asset exchange Kraken is now hard at work “gearing up” to introduce Kraken Bank. The Kraken team notes in a blog post that this new venture is expected to improve the landscape for Bitcoin (BTC) and other digital currency… Read More

February 25, 2021 @ 9:07 am By JD Alois  |  

As anticipated, Coinbase has publicly filed an S-1 outlining its plans to complete an initial public offering (IPO) on the NASDAQ. Accrording to the filing, Coinbase intends to raise up to $1 billion and  trade under the ticker symbol of “COIN.” The filing shares that… Read More

December 27, 2020 @ 2:31 pm By Omar Faridi  |  

Kraken recently announced that crypto exchange pioneer Miha Grčar has joined the US-based digital assets exchange as its Head of Business Development. Kraken’s management confirmed that they’re looking forward to working with Miha Grčar, a pioneer of the digital currency exchange sector. As mentioned in… Read More