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South Korean authorities raid 15 entities linked to Terra collapse: Report
20.7.2022
The Seoul Southern District Prosecutors Office reportedly raided the offices of crypto exchanges Upbit, Bithumb, Coinone, Korbit and Copax, among others on Wednesday
Introducing User-Centric BKEX Exchange
20.7.2022
PRESS RELEASE. BKEX (Chinese name: 币客) is a global cryptocurrency exchange that offers trading services for over 1,000 cryptocurrencies (such as Bitcoin, Ethereum, etc.). BKEX, founded in 2018 in the British Virgin Islands, is considered to be the best cryptocurrency exchange in terms of service....
Bybit Announces Xana ($XETA) to Go Live For Spot Trading
20.7.2022
Bybit took to Twitter to announce that it was taking Xana or $XETA live for Spot Trading on July 20, 2022. $XETA is the primary native taken of the Xana ecosystem. Xana is a blockchain infrastructure based on EVM and custom-built specifically for the metaverse. Bybit was founded in 2018 with...
US federal agency issues legal advisory on NFT investments
20.7.2022
The advisory primarily targets reporting of NFTs investments that represent “property,” such as real estate
Crypto Exchange Gemini Axes 7% of Its Staff in Second Wave of Layoffs
20.7.2022
Gemini, the cryptocurrency exchange owned by the Winklevoss twins, is laying off more staff. According to reports, the company is axing 7% of its current workforce, as it engages in significant cost-cutting policies. This is the second wave of layoffs at Gemini, after the company laid off 10%...
Crypto.com secures regulatory license in Italy
19.7.2022
The mobile-first cryptocurrency exchange recently received regulatory approvals to operate in Greece, Singapore and Dubai
US lawmaker criticizes SEC enforcement director for not going after 'big fish' crypto exchanges
19.7.2022
Representative Brad Sherman said the SEC's enforcement case against Poloniex was like going after "small fish" compared to major exchanges which may include Kraken and Coinbase
Cryptocurrency Exchange Crypto.com Expands to Italy
19.7.2022
The company has completed its registration with the Organismo Agenti e Mediatori
Coinbase Obtains Regulatory Approval to Provide Crypto Services in Italy
19.7.2022
Nasdaq-listed cryptocurrency exchange Coinbase has obtained regulatory approval to offer crypto services in Italy. “Coinbase is committed to bringing the power of our full product suite to customers across Europe,” the company said. Coinbase Approved in Italy Cryptocurrency exchange...
Dutch Central Bank Fines Crypto Exchange Binance $3.4 Million Citing ‘Very Serious’ Violations
19.7.2022
The Dutch central bank has fined cryptocurrency exchange Binance 3.325 million euros for offering crypto services in the Netherlands without the legally required registration. Binance has appealed against the fine and has now submitted an application to register with the central bank. Binance Fined...
Gemini cuts more staff as many crypto prices increase: Report
18.7.2022
A source close to the crypto exchange reportedly said there were 68 fewer employees on the company’s Slack channel as of Monday, suggesting Gemini had cut roughly 7% of its staff
Coinbase secures crypto asset service provider approval in Italy
18.7.2022
Coinbase started providing its cryptocurrency services in Italy a while ago, offering Coinbase card services in the country as of June 2019
Bit2Me to onboard 100k blocked crypto investors from 2gether exchange
16.7.2022
On July 10, Spanish cryptocurrency trading platform 2gether shut down its free trading services, citing its inability to justify its related operational costs due to crypto winter
Spanish Crypto Exchange Bit2me to Rescue 2gether Customers After Account Block
16.7.2022
Bit2me, a Spanish cryptocurrency exchange, is looking to absorb customers of 2gether, another Spanish exchange, after the company blocked access to its trading platform. Bit2me will pay the €20 fee that 2gether imposed on its customers to continue trading on its platform. The customers will...
DeFi’s downturn deepens, but protocols with revenue and fee sharing could thrive
15.7.2022
It’s too early to know if DeFi is “dead,” but platforms that share revenue with liquidity providers and token holders could be the ones that survive the bear market
Spanish Crypto Exchange Bitbase Expands to Latam
15.7.2022
Bitbase, a Spanish cryptocurrency exchange and crypto ATM operator, has announced its expansion to Latam with the establishment of a store in Paraguay. The company, which had previously opened a store in Portugal, is now bringing its operations to several locations in Paraguay, having its sights...
Eyeing the Long-term, Gate.io Accelerates its Global Strategy
15.7.2022
Recently, there has been news of layoffs and hiring freezes across the crypto industry. Some of the most prominent exchanges have reduced their headcount and rescinded job offers amidst the bear market. Exchanges in the process of downscaling cite various reasons, including overexpansion...
CFTC labels 34 crypto and forex firms as unregistered foreign entities
14.7.2022
"Customers engaged in transactions with these entities may not receive the benefit of the customer protections, safeguards, and guardrails,” said CFTC commissioner Kristin Johnson
Data transfer network Plaid integrates 4 major crypto exchanges
14.7.2022
The San Francisco-based fintech company now supports Binance.US, Gemini, Robinhood and SoFi accounts
CoinFLEX resumes withdrawals, limiting users to 10%
14.7.2022
Since halting user withdrawals three weeks ago, CoinFLEX has announced plans to reclaim up to $84 million in owed funds