A BBC report has linked Russian intelligence agency FSB to the disappearance of $450 million from the crypto exchange WEX. The co-founder of the exchange was allegedly forced to hand over client data to the FSB. The Russian crypto exchange World Exchange Services (WEX) earlier known as BTC-e was shut down by international regulators for […]
One of the world’s leading crypto exchange has enabled BTC/USDT futures trading for its customers. OKEx had announced the launch of Futures trading earlier this month, and now the trading is live on the OKEx futures market. OKEx announced today that the BTC/USDT futures trading is now live on the OKEx futures market with a […]
South Korean crypto exchange CoinUp CEO jailed after defrauding investors of $384 million and claiming to double their investments in two months. The CEO of South Korean Crypto exchange CoinUp has received a sixteen-year prison sentence after being found guilty of fraud. According to a report from Yonhap News, Mr. Kang-mo and several other executives […]
Swiss Stock Exchange SIX has listed a new cryptocurrency-based exchange-traded product (ETP), the Amun Tezos ETP, which rewards investors with generated income. The Tezos ETP is trading under the AXTZ ticker on the SIX Swiss Stock Exchange, and rewards investors thanks to Tezos’ proof-of-stake nature, which gives holders rewards for staking – “baking” in the […]
Hong Kong is stepping up its efforts to formally regulate Crypto Exchange Licensing in the city. The Securities and Futures Commission (SFC) just released a newly drafted regulatory framework, which allows the securities watchdog to issue Crypto Exchange Licensing to crypto trading platforms. Could this be a game-changer for the crypto industry? As a leading […]
Huobi Cloud, part of the crypto exchange Huobi Group, has announced its plan to provide more local financial institutions with white-label exchange services based on cloud technology in the Middle East and Africa. Existing institutions include the Nigeria-based Sabi exchange, with about $100,000 worth of daily crypto trading volume, and the South African exchange HIZA, […]
Malta-based Exchange Binance is looking to open an office in Beijing city of China. Binance originally started out in china but later moved its operations to Malta because of strict regulatory issues. Recently, Chinese President Xi Jinping endorsed blockchain technology in his speech as he urged the country to take the lead role in the […]
Cryptocurrency derivatives exchange BitMEX sent a mass email to its users on Friday with all of their email addresses in the “To” field. Usually, when you are sending a mass e-mail and you want to protect other users’ privacy, you put their e-mail addresses in the so-called blind carbon copy or BCC field. That’s how […]
Binance Bitcoin futures platform is increasing maximum leverage and margin on Bitcoin (BTC)/Tether (USDT) contracts to 125x, according to a press release Support for the contracts went live at 9:00 am UTC, with traders able to select 1x-125x leverage, with large positions adjusting to lower leverage allowed. As the press release notes: “At 125x leverage, […]
Binance Bitcoin Futures and its importance has been the talk of the crypto-industry for the last few months now. Bakkt’s launch brought in massive attention but, the Malta-based Binance wasn’t to be ignored as the CZ-led exchange introduced its own Futures market on 13 September. In a recent blog post, Aaron Gong, Director of Binance […]
CME Group, the Chicago-based exchange operator, said its bitcoin futures contracts grew in popularity from big investors last quarter, with the number of open contracts up 61 percent from a year earlier because of growing demand from institutional investors. Open interest, or the number of outstanding positions, rose to 4,629 contracts, up from 2,873 in […]
Crypto Exchange Update covers the latest and the most significant news from some of the most popular digital asset exchanges. This article focuses on the relevant news from Bakkt, Binance, Bitfinex, Bitstamp, Coinbase, OKCoin, and OKEx for the week 7 October 2019 to 14 October 2019. Bakkt Crypto Exchange October 10: Bakkt, which launched trading of its physically-settled Bitcoin futures on […]
Leading crypto exchange Binance has announced the launch of its peer-to-peer (P2P) trading service that will use WeChat and AliPay on-ramps for trading in China. According to a press release published by BInance on Oct. 9, the crypto exchange has launched P2P trading in China with BTC, ETH and USDT against the Chinese Yuan. Android […]
Cryptopia Exchange Liquidator, Grant Thornton, the firm liquidating hacked New Zealand cryptocurrency exchange Cryptopia, has discussed how best to do so with the platform’s developers. Grant Thorton Cryptopia Exchange Liquidator aims for “collaborative relationship” According to a leaked email from Grant Thornton originally dated Sept. 23, its executives planned to conduct an online meeting with […]
Kim Dotcom, the creator of Megaupload entered the crypto sector after announcing the launch of his crypto content publishing and monetisation platform, K.im. While the crypto project was scheduled to launch via Bitfinex in October 21, the Bitfinex delays K.im token sale to accommodate user base. Bitfinex Exchange tweeted about K.im token: “k.im coin token […]
Crypto Exchanges has urged The World Federation of Exchanges (WFE), a global trade association of publicly regulated exchanges, and the UK Financial Conduct Authority (FCA) not to restrict cryptocurrency derivatives for retail investors. The WFE made a statement on Oct. 7 in response to the financial regulator’s consultation paper on potentially banning on crypto derivatives […]
McAfee DEX Beta Version Rolled Out Per a recent tweet by John McAfee, his DEX is now live. The McAfee DEX comes with a unique USB Dongle Security Feature! Here is a glimpse of the ESH/ETH market at the exchange. The installation at the portal is not yet automated so it will take two days […]
Tether keeps printing new USDT coins, despite facing a recent Tether lawsuit with claims for $1.4 trillion. The stablecoin producer revealed several transactions that expanded the USDT liquidity. The recently launched class action lawsuit finally calls out Tether directly on what was only unofficially discussed on social media. USDT coins have been created and used […]
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