Tagged: crypto exchange

February 19, 2024 @ 5:33 pm By Omar Faridi  |  

Failed crypto exchange FTX‘s creditors are reportedly suing bankruptcy law firm Sullivan & Cromwell (S&C), as part of an extensive lawsuit that is alleging major fraud involvement. Digital currency exchange FTX creditors are now seeking damages against Sullivan & Cromwell for its previous engagements with… Read More

February 16, 2024 @ 11:44 am By JD Alois  |  

Shares in Coinbase (NASDAQ:COIN), the largest crypto exchange in the US, jumped considerably higher today following the release of its Q4 and full year 2023 results. The company beat analyst expectations delivering a profit – the first in several years. Currently, Coinbase shares are trading… Read More

February 9, 2024 @ 3:13 pm By Omar Faridi  |  

OKX Ventures, the investment arm of leading crypto exchange and Web3 technology company OKX, is pleased to announce its investment partnership with Bitmap Tech, the team behind Merlin Chain, a native Bitcoin Layer 2. Bitmap Tech currently boasts an overall market cap “that exceeds US$500… Read More

February 7, 2024 @ 10:28 am By Omar Faridi  |  

Bybit, which claims to be one of the largest crypto exchanges by volume, has polled its internal professionals and created a free toolkit that allows investors to find undervalued crypto projects. The Crypto Investment Analysis Toolkit stems from Bybit‘s mission “to be the world’s Crypto… Read More

February 5, 2024 @ 11:24 pm By Omar Faridi  |  

Binance, which agreed to a massive $4.3 billion+ settlement with US regulators yet continues to face major operational challenges globally,  is pleased to welcome back their former Senior Vice President of Compliance Steve Christie, who is taking on the role of Deputy Chief Compliance Officer… Read More

February 5, 2024 @ 11:58 am By JD Alois  |  

dydx, a firm that believes DeFi will “supersede traditional finance technology,” has published an updated roadmap for 2024. The decentralized exchange (DEX) states that during the year, it will focus on three different areas: Permissionless Markets,  Core Trading Improvements, UX/Onboarding Upgrades. For permissionless markets, dydx… Read More

February 5, 2024 @ 8:00 am By Omar Faridi  |  

FalconX, which claims to be one of the largest institutional digital asset prime broker and the CFTC registered swap dealer, announces a strategic partnership with Fusion Digital Assets, TP ICAP’s FCA registered UK-based wholesale spot cryptoasset exchange. The integration with Fusion Digital Assets provides FalconX… Read More

February 2, 2024 @ 7:45 am By Omar Faridi  |  

The US Department of Justice (DOJ) has reportedly unsealed indictments that have been made against three people for allegedly stealing more than $400 million from the bankrupt crypto exchange FTX. These three individuals had allegedly carried out a sophisticated SIM-swapping technique in order to gain… Read More

January 31, 2024 @ 6:35 pm By Omar Faridi  |  

Kaiko, a cryptocurrency market data provider, announced its integration with Bullish, one of the fastest-growing, regulated digital assets exchanges, to enhance market data services with the inclusion of Bullish’s exchange metrics to Kaiko’s data feed. This integration offers a broader range of trade and real-time… Read More

January 28, 2024 @ 9:23 pm By Omar Faridi  |  

Bitget, the cryptocurrency exchange and Web3 company, announces a significant enhancement to its platform wallet security “with the upgrade of Multi-Party Computation (MPC) technology, which means that Bitget upgraded all users’ wallet addresses to MPC addresses.” This update exemplifies Bitget‘s dedication “to user security, incorporating… Read More

January 28, 2024 @ 7:05 pm By Omar Faridi  |  

Elwood Technologies LLP, a software-as-a-service (SaaS) platform that provides institutional-grade access to digital asset exchanges and liquidity venues, announced it has been authorized as a service company by the UK Financial Conduct Authority (FCA). This authorization applies to Elwood’s execution management system (EMS) in “relation… Read More

January 27, 2024 @ 4:55 am By Omar Faridi  |  

TaxBit, the provider of tax and compliance solutions for digital assets, announced today that it has been selected by Gemini, a cryptocurrency exchange, as its CESOP reporting solution. Gemini’s decision to integrate with TaxBit expands “the two companies’ long-standing relationship, underscoring its dedication to regulatory… Read More

January 24, 2024 @ 12:19 pm By Omar Faridi  |  

HashKey Group, an end-to-end digital asset financial services group in Asia, and OKX, a global Web3 technology company and crypto exchange, announced plans to “create a partnership to promote compliant virtual asset innovation and industry development in Hong Kong.” The planned collaboration is to “include… Read More

January 24, 2024 @ 7:16 am By Omar Faridi  |  

KuCard, which claims to be among the first crypto debit cards introduced by KuCoin, a crypto exchange, is bringing its customers Apple Pay, a more secure way to pay. Every Apple Pay purchase is secure because it is “authenticated with Face ID, Touch ID, or… Read More

January 7, 2024 @ 6:19 pm By Omar Faridi  |  

Coinbase (NASDAQ:COIN) claims that it’s on a mission to increase economic freedom for more than 1 billion people. In support of this mission, Coinbase says that it’s focused on “building the most trusted, compliant products and services and expanding their use around the world.” Coinbase‘s… Read More

January 6, 2024 @ 8:10 am By Michael Wong  |  

KuCoin Labs, the incubator and investment arm of the KuCoin ecosystem, has announced its investment in DeMR, a decentralized Mixed Reality (MR) infrastructure built on the Solana Chain. This development marks the beginning of a comprehensive collaboration focusing on community operations and subsequent product development,… Read More

January 2, 2024 @ 7:12 pm By Omar Faridi  |  

As we enter 2024, CI has received insights from the CEO’s of crypto industry firms including professionals who are overseeing the operations of digital asset exchanges, custody platforms, payment product developers, and services associated with various other protocols. Bobby Zagotta, US CEO of Bitstamp, which… Read More

December 30, 2023 @ 11:55 am By Michael Wong  |  

Monex Group, a Japanese financial conglomerate known for its online brokerage, crypto exchange, and asset management services, has announced its acquisition of a majority stake in Canada’s 3iQ Digital Holdings and its subsidiaries for $39.8 million. In a statement, Monex revealed its ambition to bolster… Read More

December 27, 2023 @ 12:50 pm By Omar Faridi  |  

OKX, a global Web3 technology company and crypto exchange, recently announced the publication of its 14th monthly Proof of Reserves (PoR) report, reportedly “demonstrating USD14.9 billion in primary assets backing user funds.” OKX‘s PoR report provides “a comprehensive overview of the reserve ratios for 22… Read More

December 26, 2023 @ 2:03 pm By Omar Faridi  |  

Bullish, which claims to be among the “fastest-growing,” regulated, institutional digital assets exchange, recently launched perpetual futures for eligible customers following approval from its regulator, the Gibraltar Financial Services Commission (GFSC). The growing dominance of the global crypto derivatives market, which “accounts for approximately 75%… Read More