Category: Exchange
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Why Is Daily BTC Exchange Inflow So Low?
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Bitcoin defies gravity and has an amazing ability to withstand a wave of selling pressure from the Mt. Gox distribution. At the time of writing, Bitcoin has not only managed to hold above $60,000 but has also managed to hold above $62,500, a level that is particularly interesting to traders.…
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How A Leading Crypto Exchange Violated Anti-Money Laundering Laws
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Copyright: Shutterstock The cryptocurrency industry has had a turbulent journey, with triumphs and setbacks. One of these setbacks was the high-profile case BitmexBitMEX, a prominent Bitcoin exchange, has found itself at the center of a legal storm over its blatant disregard for anti-money laundering laws. This article delves into the…
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How A Leading Crypto Exchange Violated Anti-Money Laundering Laws
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Copyright: Shutterstock The cryptocurrency industry has had a turbulent journey, with triumphs and setbacks. One of these setbacks was the high-profile case BitmexBitMEX, a prominent Bitcoin exchange, has found itself at the center of a legal storm over its blatant disregard for anti-money laundering laws. This article delves into the…
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Uniswap Challenges SEC Over Crypto Exchange Definition
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Uniswap Labs is challenging proposed rulemaking efforts by the U.S. Securities and Exchange Commission (SEC) that would expand the definition of a cryptocurrency “exchange” under U.S. securities laws to include decentralized finance (DeFi) platforms. The challenge is framed in a letter to the SEC, backed by recent Supreme Court decisions…
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Australia’s Largest Stock Exchange Approves It’s Second Bitcoin ETF
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The Australian Securities Exchange (ASX), Australia’s leading stock exchange, has approved the listing of the second Bitcoin exchange-traded fund (ETF) on its platform. BREAKING: ?? Australia’s largest stock exchange has approved its second offering #Bitcoin Exchange traded fund. pic.twitter.com/SY5vIGEm4a — Bitcoin Magazine (@BitcoinMagazine) July 9, 2024 On July 9, the…
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Exchange Outflows At 2024 High
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On-chain data suggests that Bitcoin whales may be piling into the decline as spot exchanges recently saw their largest withdrawals of 2024. Bitcoin Exchange Netflow has turned dark red recently. As one analyst at CryptoQuant Quicktake pointed out, mailA large number of coins have left exchanges recently. The relevant indicator…
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Exchange Outflows At 2024 High
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On-chain data suggests that Bitcoin whales may be piling into the decline as spot exchanges recently saw their largest withdrawals of 2024. Bitcoin Exchange Netflow has turned dark red recently. As one analyst at CryptoQuant Quicktake pointed out, mailA large number of coins have left exchanges recently. The relevant indicator…
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Mt. Gox Starts Repayments With Exchange Transfer
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According to data from Arkham Intel, Mt. Gox has begun the process of repaying creditors by transferring a token amount of bitcoin to a designated exchange. The development comes after months of speculation and planning about disbursing the roughly $8.2 billion in bitcoin owed to the collapsed exchange’s creditors. Have…
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Crypto Exchange Seeks Indian Approval As Users Hit Roadblock
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Once a land of opportunity, India’s cryptocurrency market is in a regulatory slump. As authorities tighten their grip, major crypto exchanges are struggling to survive, facing restricted services, hefty fines and even exit. Failure to pass KYC test Global giant Binance, a household name in the cryptocurrency world, has learned…
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Sony to Launch Crypto Exchange in Japan Via Acquired Local Platform
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Japanese multinational corporation Sony is preparing to launch its own cryptocurrency exchange. The company intends to do this by relaunching another cryptocurrency trading platform it acquired in August 2023. according to press releaseAmber Japan, the parent company of Japanese cryptocurrency exchange WhaleFin, which was acquired by Sony last year, has…
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Sony to Launch Crypto Exchange in Japan Via Acquired Local Platform
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Japanese multinational corporation Sony is preparing to launch its own cryptocurrency exchange. The company intends to do this by relaunching another cryptocurrency trading platform it acquired in August 2023. according to press releaseAmber Japan, the parent company of Japanese cryptocurrency exchange WhaleFin, which was acquired by Sony last year, has…
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$105 Billion Electronics Giant Sony To Launch New Bitcoin Exchange
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Sony Group is preparing to launch a Bitcoin and cryptocurrency exchange in Japan after acquiring Amber Group’s subsidiary Amber Japan. The revamped exchange will be named S.BLOX and aims to strengthen Sony’s presence in the Bitcoin and cryptocurrency space. JUST IN: ?? Sony launches $103 billion #Bitcoin And cryptocurrency exchange.…
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Abey Token Now Trading on BitMart Exchange
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(Press Release – George Town, Cayman Islands, June 28, 2024) Abey Foundation is pleased to announce that Abey, a leading layer-1 blockchain, has officially launched Trade its token on BitMart Exchange cryptocurrencies starting at 14:00 UTC on 26 June 2024. This listing represents a major milestone in our journey, and…
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Abey Token Now Trading on BitMart Exchange
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(Press Release – George Town, Cayman Islands, June 28, 2024) Abey Foundation is pleased to announce that Abey, a leading layer-1 blockchain, has officially launched Trade its token on BitMart Exchange cryptocurrencies starting at 14:00 UTC on 26 June 2024. This listing represents a major milestone in our journey, and…
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Crypto Exchange Coinbase Sues SEC, FDIC, Alleging Regulatory Overreach
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Coinbase has filed an application Lawsuits against the Securities and Exchange Commission (SEC) and the Federal Deposit Insurance Corporation (FDIC), accusing the agencies of trying to cripple the crypto industry. BREAKING: ?? Coinbase files lawsuit against SEC, alleging regulators are trying to cripple the cryptocurrency industry. pic.twitter.com/bD1B1Vny1r — Bitcoin Magazine…
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Bitrue Crypto Exchange Urges Investors To Go “All-In” On XRP, Here’s Why
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popular cryptocurrency exchange, correct XRP Inc. has urged investors to invest fully in XRP, signaling the potential for the cryptocurrency to skyrocket to new levels. Promoting a cryptocurrency exchange for Decline in digital assets It sparked significant backlash from various members of the cryptocurrency community. Bitrue calls for full investment…
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Push For Dominance: Bybit Surpasses Coinbase To Become Second-Largest Crypto Exchange
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In a notable step for the cryptocurrency sector, BybitSingapore’s leading cryptocurrency exchange has surpassed San Francisco-based cryptocurrency exchange Coinbase in terms of trading volume, securing its position as the second largest cryptocurrency exchange in the world. This achievement demonstrates Bybit’s rapid expansion and growing strength in the global digital asset…
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A ‘Badge of Shame’ for the Stock Exchange, Says Amnesty International
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Global high street fashion company SHEIN has reportedly submitted documents to the UK market regulator, indicating an imminent flotation on the London Stock Exchange. The move sparked intense criticism from Amnesty International, which highlighted questionable labor and human rights standards at the company. Sheen, known for its low-cost production, has…
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Turkish Exchange BtcTurk Falls Victim To Hack
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One of Turkey’s most prominent cryptocurrency exchanges, BtcTurk, was hit by a cyberattack that led to unauthorized access to some of its hot wallets. The exchange announced a certain level of asset loss, however, it claims there is enough financial stability to overcome this setback. BtcTurk recovered $5.3 million, but…
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Turkish Exchange BtcTurk Falls Victim To Hack
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One of Turkey’s most prominent cryptocurrency exchanges, BtcTurk, was hit by a cyberattack that led to unauthorized access to some of its hot wallets. The exchange announced a certain level of asset loss, however, it claims there is enough financial stability to overcome this setback. BtcTurk recovered $5.3 million, but…