Exchanges

South Korean financial regulators are looking for support from users to report any unlicensed cryptocurrency exchanges offering services to Koreans. What Happened: The Digital Asset Exchange Association (DAXA) and the Financial Intelligence Unit (FIU) of South Korea teamed up to scan through...

Optimism in global markets has decreased further, as there are concerns around the solvency of banking giant Credit Suisse. Their stock price has dropped by over 60% this year alone. Most of the recent fears have arisen after a report released from ABC Australia, which said, "A major...

Recent update on the Binance website, starting from Wednesday, 2021-10-26 04:00 AM UTC (12:00 PM UTC+8) Singapore users will no longer be able to access the main trading function on Binance, which includes fiat depositing, cryptocurrency spot trading, and buying of digital assets using fiat and...

The U.S. Securities and Exchange Commission (SEC) is reportedly looking into the company behind crypto’s leading decentralized exchange Uniswap (CRYPTO: UNI). What Happened: According to a report from the Wall Street Journal, the U.S. regulator has launched a probe into Uniswap Labs...

Binance.US — the United States subsidiary of the world's top crypto exchange, Binance — plans to go public in the next couple of years. What Happened: According to a recent The Information report, Binance CEO and Founder Changpeng Zhao said that “Binance.US is just...

FTX.US, the U.S.-based subsidiary of crypto exchange FTX, announced the acquisition of crypto derivatives exchange LedgerX. What Happened: According to a press release on Tuesday, FTX.US said it has executed a sale and purchase agreement to acquire Ledger Holdings Inc., the parent company of...

Seek Capital — the family office of billionaire Simon Nixon — is doubling up on its cryptocurrency investment efforts. What Happened: According to a Bloomberg report, Seek Capital's Managing Director Adam Proctor said that the firm plans to increase its “allocation...

World's top cryptocurrency exchange Binance is looking for government funding despite having found itself in the crosshair of multiple financial regulators. What Happened: According to a recent Twitter thread by Chinese Journalist Colin Wu, Binance Singapore is looking to...

Trading platform eToro today announced the latest quarterly results for Q2 2021. eToro's Q2 Result: According to eToro's Q2 results, the commissions from the crypto trading were at $264.2 million, compared with $11.2 million in the second quarter a year ago. This is an almost...

What Happened: Wall-street banking giant Citigroup Inc (NYSE: C) is reportedly on the brink of trading Bitcoin (CRYPTO: BTC) futures on the Chicago Mercantile Exchange (CME) According to a report from CoinDesk, sources within the bank said that Citi is currently awaiting regulatory approval to...

U.S.-based crypto exchange Kraken is planning to expand in Europe by the end of the year. What Happened: "We are working on a license in an EU country," said Founder and CEO Jesse Powell in an interview with German publication Handelsblatt.  The Coinbase Global Inc (NASDAQ...

Coinbase Inc. (NASDAQ: COIN) apologized for falsely advertising USD Coin (CRYPTO: USDC) once again and promised that it will become fully backed by cash and Treasury bills issued by the U.S. Treasury. What Happened: According to a Twitter thread written by Coinbase...

Binance.US — the United States crypto trading entity of the world's top cryptocurrency exchange Binance — is purportedly about to close a funding round with world-class investors. What Happened: According to a Thursday Bloomberg report, Binance CEO Changpeng Zhao said...

Securities and Exchange Commission Chairman Gary Gensler is now looking closely into the decentralized finance (DeFi) industry and its decentralized exchanges (DEXs). Earlier this month, the SEC filed its first unregistered security lawsuit against a DeFi development firm. What Happened:...

What Happened: Major U.S. crypto exchange Coinbase Global Inc (NASDAQ: COIN) has stockpiled $4 billion in cash in preparation for a period of extended business risks. “We want to ensure that we maintain those cash reserves so that we can continue to invest and continue to grow our products...