Tagged: crypto exchange

January 24, 2025 @ 7:52 am By Omar Faridi  |  

OKX announced that their platform is reportedly the first Virtual Financial Assets (VFA) exchange to secure a Markets in Crypto-Assets Regulation (MiCA) “pre-authorization.” Upon receipt of a full MiCA license, OKX said they will offer “localized” crypto services to over 400 million Europeans via its… Read More

January 20, 2025 @ 3:23 pm By Omar Faridi  |  

Binance are pleased to announce that it has reached an agreement with the National Agency of Perspective Projects of the Republic of Uzbekistan (NAPP), which confirms compliance with all applicable local regulatory requirements and authorizes the platform to “provide services to Uzbekistani residents under a… Read More

January 7, 2025 @ 10:18 pm By JD Alois  |  

Garanti BBVA Kripto will partner with Bitstamp to enable crypto trading for their customers, according to a statement from the subsidiary of Garanti BBVA – a Turkish bank. Bitstamp is a subsidiary of broker-dealer firm Robinhood. Garanti BBVA touts that Bitstamp holds over 50 regulatory… Read More

January 7, 2025 @ 12:55 pm By JD Alois  |  

FTX EU has been acquired by Backpack, according to a note from the firm. The goal is to offer crypto trading, including derivatives and perpetual futures, across the EU. Deal terms were not immediately available. FTX EU is part of the global crypto exchange’s global… Read More

January 6, 2025 @ 9:00 pm By Omar Faridi  |  

Failed crypto exchange FTX’s payment plan is now effective. As per the plan, certain FTX clients who may be claiming an amount less than $50,000 may expect to get their funds returned within the next 60 calendar days. The latest reorganization plan for failed crypto-assets… Read More

January 6, 2025 @ 8:55 pm By Omar Faridi  |  

Digital assets exchange Coinbase (NASDAQ:COIN) is pleased to release their sixth annual Transparency Report. Their goal with the Transparency Report is to provide customers with data about requests for their information that they “receive from government agencies and law enforcement.” Coinbase also intend to provide… Read More

December 31, 2024 @ 11:48 am By Omar Faridi  |  

OKX Founder Star Xu noted that as the CEO of the digital assets firm and a builder at heart, they are pleased to reflect on a solid year of growth and progress. Despite challenges, 2024 was a year of focus, innovation, and resilience, according to… Read More

December 29, 2024 @ 9:39 pm By Omar Faridi  |  

Bitget, the cryptocurrency exchange, and Web3 company, has released a new whitepaper for its native token, Bitget Token (BGB). The update introduces an initiative to burn 800 million BGB tokens—valued at over $5 billion based on current market prices—alongside plans to “expand the token’s utility.”… Read More

December 3, 2024 @ 2:37 pm By JD Alois  |  

Binance, the long-time largest crypto exchange in the world, says it is currently on track to generate almost 40% higher inflows than the total of the next 10 crypto exchanges combined. Binance also claims to be the first centralized exchange to surpass $100 trillion in lifetime… Read More

November 29, 2024 @ 10:25 am By JD Alois  |  

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

November 24, 2024 @ 6:47 pm By Omar Faridi  |  

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

November 19, 2024 @ 10:12 am By JD Alois  |  

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

November 18, 2024 @ 10:05 pm By Omar Faridi  |  

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

November 18, 2024 @ 11:42 am By JD Alois  |  

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

November 12, 2024 @ 9:44 am By JD Alois  |  

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

November 4, 2024 @ 4:08 pm By Omar Faridi  |  

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

October 29, 2024 @ 10:52 am By JD Alois  |  

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

October 17, 2024 @ 10:13 am By Omar Faridi  |  

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

September 30, 2024 @ 9:53 am By Omar Faridi  |  

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

September 17, 2024 @ 1:12 pm By Omar Faridi  |  

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