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Buda CEO: Exchanges Must Comply or Risk Damaging the Crypto Industry


Source: Adobe/Снежана Кудрявцева The head of Chile’s market-leading crypto exchange Buda said that crypto exchanges must hurry up and comply with government regulations or risk oblivion – and further damage to the wider crypto asset industry. In a podcast interview with Criptonoticias, Buda founder...

Bitcoin Exchange Reserves Drop to a 12-Month Low Fueling Bullish Optimism


The number of bitcoin held on exchanges has touched a 12-month low, as bitcoin exchange balances have reached levels not seen since June 2019. According to onchain statistics, there’s more than 2.6 million BTC held on global trading platforms worldwide. Data from a number of sources show that...

Coincheck Revenues Down, Operator Launches Crypto Lending in US


Coincheck, one of Japan’s leading crypto exchanges, has reported that its revenues are down by over a third on last year’s figures – although its operator has launched crypto lending services in the United States. Per a financial report from its operator the Monex Group, Coincheck said that...

‘Huge Demand in India’ Spurs Zebpay to Launch OTC Bitcoin Trading Desk


Indian cryptocurrency exchange Zebpay is launching an OTC bitcoin trading desk. The exchange has shared the details with news.Bitcoin.com, stating that “There is huge demand” among bitcoin traders and arbitrageurs in India for OTC desk services. Zebpay Sees Huge Demand for OTC Crypto...

Zero Collateral: $138 Million in Defi Flash Loans Issued in 24 Hours


The decentralized finance (defi) realm continues to heat up with concepts like yield farming, but another scheme called defi flash loans has also grown exponential. On Monday, the noncustodial lending protocol Aave issued $138 million in loans with zero collateral. Since the last week of June, defi...

Bitcoin Tops $11,000 Reigniting Interest in India


A resurgent bitcoin is rekindling Indian interest in cryptocurrencies with reports suggesting many dormant holders are back to trading. A report in Livemint is also attributing the piqued interest to a recent Indian supreme court decision to overturn a prohibition that barred banks from dealing...

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