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Crypto․com Granted Registration Approval in the Netherlands
30.7.2023
Digital asset exchange Crypto․com has been approved for registration as a crypto service provider in the Netherlands. The regulatory nod comes after a review of its business operations and compliance with the Dutch anti-money laundering legislation, the company pointed out. Trading Platform...
Binance Withdraws Its Crypto License Application in Germany
28.7.2023
The world’s largest exchange for digital assets, Binance, has withdrawn its application for a German crypto custody license. The trading platform made it clear it’s not giving up on plans to eventually obtain authorization from the Federal Republic but wants its submission to better reflect...
Bitget exec discusses limitations and benefits of CTA AI trading bot
27.7.2023
The bot is the third in a series of AI-trading initiatives launched this year
Binance to Restore Full Services in Japan in August, CZ Unveils
27.7.2023
Cryptocurrency exchange Binance will start offering full services in Japan next month, founder Changpeng Zhao (CZ) announced. The leading trading venue for digital assets reenters the Japanese market with a domestic exchange after announcing earlier it was discontinuing services through its global...
Crypto Exchange KuCoin to 'Adjust Some Personnel as Needed', but Denies Report of Major Layoffs
25.7.2023
A report circulated on Twitter on Tuesday that the exchange plans to eliminate 30% of its workforce amid declining profit
Decoding Ripple’s Ruling: A Potential Tsunami for the SEC
25.7.2023
In a groundbreaking decision earlier this month, the Southern District Court of New York determined that institutional sales of XRP conducted directly by Ripple constitute securities sales. However, intriguingly, XRP sales on secondary markets, specifically crypto exchanges, do not. A verdict that...
Elon Musk Rebrands Twitter to X, Spurring Scores of Wannabe Tokens
24.7.2023
One token zoomed 1,200% even though its related project closed in May, data shows
FTX Sues SBF, Former Execs to Recover Over $1 Billion
22.7.2023
Crypto exchange FTX is trying to regain $1 billion in a lawsuit against founder Sam Bankman-Fried (SBF) and some former executives. FTX’s new management argues the funds were misappropriated through dubious deals and transactions made before the coin trading platform went bankrupt last fall. Failed...
Indonesia launches its crypto exchange and clearing house
21.7.2023
The platform, monitored by the CFTRA, will be the only space in the country where the legal exchange of digital assets is allowed
Crypto Exchange Bitget Opens Dubai Office, Plans Middle East Expansion
20.7.2023
The crypto trading platform plans to hire up to 60 new members of staff in the region
Bitcoin miners hedging with recent sell-offs - Bitfinex report
19.7.2023
All-time high hashrates and mining difficulty indicates that miners are bullish on Bitcoin, while recent sell-offs could be a means to hedge positions
1Inch Token Balance on Centralized Exchanges Surges to $65M
19.7.2023
The balance held in wallets tied to centralized exchange has surged by 50% in three days, per Glassnode data
Another Big 4 Australian Bank Blocks Payments to ‘High-Risk’ Crypto Exchanges
19.7.2023
National Australia Bank (NAB) has joined other major lenders in the country in blocking payments to some cryptocurrency exchanges. The banking institution said it’s introducing new customer protections regarding financial transactions with certain scam-related crypto platforms. Australia’s NAB Bank...
Binance Integrates Lightning Network Deposits and Withdrawals
18.7.2023
Binance, the largest cryptocurrency exchange by volume traded, has announced it has completed the integration of the Lightning Network, a BTC scaling layer, on its platform. Now users can execute bitcoin deposits and withdrawals using the network, taking advantage of lower fees. Binance Completes...
Binance Reportedly Lays Off Over 1,000 Employees, CZ Says Exchange Is Hiring
15.7.2023
Leading crypto exchange Binance has cut hundreds of jobs after a string of executive exits, according to a media report. The news, which comes as the coin trading platform marks its sixth anniversary amid increased pressure from regulators, was termed as FUD by founder Changpeng Zhao who said...
FTX, Celsius Bankruptcy Claims Can Now Be Sold on OPNX
14.7.2023
Users who held assets on bankrupt crypto firms FTX and Celsius Network can now trade their claims on the Open Exchange (OPNX)
Spot Volumes Rise on Centralized Exchanges but Traffic Falls Further, Report
14.7.2023
Spot and futures trading volumes on centralized crypto exchanges (CEXs) have increased in June, a new report shows. At the same time, website traffic to major trading platforms for digital assets continued to decline, according to the study which also tracks its geographical distribution. Spot...
Coinbase, Other Crypto Exchanges Relist XRP Following Ruling in SEC v Ripple Case
14.7.2023
The Nasdaq-listed cryptocurrency exchange Coinbase has relisted XRP following a landmark ruling in the U.S. Securities and Exchange Commission (SEC) v. Ripple Labs case. Several other crypto exchanges have also resumed trading of XRP. Crypto Exchanges Bring Back XRP Trading Following the landmark...
Coinbase Cut to Underweight Ahead of Earnings by Barclays
13.7.2023
The bank said it sees few positive drivers for the crypto exchange’s share price in the near term
Temasek Has No Immediate Intentions to Invest in Crypto Exchanges After FTX Loss
13.7.2023
Singapore’s state-owned investment fund Temasek does not plan to put money into crypto firms amid the current regulatory uncertainty, according to a top executive. The statement comes months after Temasek lost $275 million from its involvement in the failed cryptocurrency exchange FTX. Temasek...